The revenue of China’s food sector in the second quarter of 2018 dropped by 24.8% y/y to RMB 469.4bn, mainly due to decreased prices of meat and refined edible vegetable oil. Meat prices in Q2 2018 slid by 6.6% y/y because of a decline in pork prices. In H1 2018, the price of pork fell by 12.5% y/y due to oversupply in the segment. Refined edible vegetable oil price in the first half of 2018 was down by 1% y/y. The total profit of the food sector in Q2 2018 plummeted by 30.1% y/y to RMB 35.5bn, due to decreased sales and prices. In Q2 2018, most food production saw a significant decline. The production of fresh and refrigerated meat in this period slumped by 35.8% y/y to 5.8mn tonnes due to growing inventory. The output of refined edible vegetable oil in Q2 2018 plunged by 32.3% y/y to 12.2mn tonnes, due to decreased production of oil bearing crops.

01 EXECUTIVE SUMMARY 

02 SECTOR IN FOCUS

Quarterly Update

03 COMPETITIVE LANDSCAPE 

04 COMPANIES IN FOCUS 

05 REGULATORY ENVIRONMENT

06 BAKED FOOD 

07 CANDIES 

08 CONVENIENCE FOOD 

09 CANNED FOOD