中国动物食品行业报告.pdf

CONTENTS Error! No text of specified style in document. March 2014 | 1-800-330-3772 | chinahelp@ IBISWorld Industry Report 1320 Animal Food Manufacturing in China March 2014 About This Industry ................................. 2 Industry Definition ........................................ 2 Main Activities ............................................. 2 Similar Industries ......................................... 2 Additional Resources ................................... 2 Industry Performance .............................. 3 Executive Summary ..................................... 3 Key External Drivers .................................... 3 Current Performance ................................... 4 Industry Outlook .......................................... 6 Industry Life Cycle ....................................... 8 Products at the same time Jiangxi Zhengbang Group changed to be Zhengbang Group. One of the Zhengbang Group's main businesses is agriculture, including pig breeding, pig products, feed, veterinary drugs, and animal product processing. The other is planting, including plant breeding, fertilizers, pesticides, agricultural and forestry cultivation, processing, and marketing. Feed processing for the group is conducted by Jiangxi Zhengbang Technology Co. Ltd., which was established in July 2004. In 2003 and 2004, the group successfully conducted several acquisitions and mergers, increasing revenue and total assets. In August 2007, Jiangxi Zhengbang Technology was listed on the Shenzhen stock market, making it the first private enterprise listed from Jiangxi province. In April 2008, Zhengbang Agricultural Development Corporation was established. The group reported revneue of $4.0 billion in 2012. It has also been developing modern agriculture with high investment recent years, which is estimated to contribute to its revenue in the immediate future. Quanzhou Fuhai Grain as a result, the required investment level is expected to increase. Technology strengthening and expanding the processing functions to diversify; improving the safety, reliability, maintenance and easy clean-up of the equipment and systems; and improving the automatic control of the equipment and systems. New quality and safety requirements will force enterprises to adopt new technology and systems in the future. Revenue Volatility The level of volatility is medium. This industry's growth depends on the development of the domestic market. China's economy is experiencing a relatively stable high growth period, which has resulted in an increase in pet ownership and an increase in meat products. Therefore, there is increased demand for both pet food and animal feed. Industry growth is also influenced by government regulations, which have been increasing in recent years. The industry is in its growth stage. Its volatility is higher than the economy as it is closely connected with several industries. ACMR-IBISWorld anticipates that industry operators will high volatility as they compete with each other during the consolidation of the industry. Regulation & Policy The level of regulation is medium and the trend is increasing. Urged by the food safety incidents in recent years, the government has strengthened its regulations for the Animal Food Manufacturing industry. To standardize the development of this industry, the government has issued some detailed management measures, including review measures for feed manufacturers, WWW.IBISWORLD.COM.CN Animal Food Manufacturing in China March 2014 27 production licenses for feed additive and additive mixed feed, and management measures for the safety of animal-oriented feed. The government also regulates this industry by intervening in the price of feed products. In January 2008, according to the rules by the National Development and Reform Commission, some provinces took temporary intervention measures over the price of feed products. The government also carries out regulatory measures to check the manufacturing of pet food and animal feed. These checks mainly focus on the addition of illegal substance and additives, such as melamine, which the Chinese government banned as a food additive in April 2007. The government will strengthen the existing regulations in this industry, especially in the areas of food safety of pet food and animal feed, and pollution caused by the manufacturing of these products. Industry Assistance The level of industry assistance is medium and the trend of industry assistance is increasing. There are no specific tariffs for this industry. The dynamic of the Animal Food Manufacturing industry is changing as domestic demand becomes the main focus. Industry growth will promote the development of animal husbandry, breeding, and planting, which will increase the income of farmers and improve the environment. The development of rural China has become the center of Chinese policy, and growth i。