Today: February 9, 2016, 12:51 pm
  
Finance

China biological product manufacturing market: $52.1 billion industry by 2018

companiesandmarkets.com
companiesandmarkets.com
Biological and Biological Product Manufacturing in China - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-17 23:09:03
In the five years to 2013, the China biochemical product manufacturing market has been growing 21.8% per year to total $33.1 billion in 2013. The industry has benefited from the rapid development of the national economy, rising household disposable incomes and increasing investment in the healthcare sector by the Chinese government. Improvements in China´s social security system, the establishment of a public health system establishment and the formation of the new rural cooperative medical care system have driven up demand for various industry products, particularly vaccines.

The Biological and Biochemical Product Manufacturing industry in China has a low concentration level, with revenue from the top four enterprises – China National Agricultural Development Group, Liaoning Cheng Da, Shenghua Group and Sinopharm – accounting for 19.5% of the total. There are a wide and growing range of industry products and most companies only manufacture one type of product or a few related products, which leads to low market share concentration.

More foreign investment is flooding into the industry due to the favorable conditions it enjoys and its potential for future growth. This is leading to increased competition and many domestic enterprises are enlarging their scale, diversifying their product ranges, and working to establish internationally renowned brands.

In the five years to 2018, the Biological and Biochemical Product Manufacturing industry is forecast to grow 9.5% annually to $52.1 billion in 2018. According to China´s twelfth five-year plan (2011 to 2015) the government will implement new policies to ensure the industry develops in line with international standards.

Click for report details: www.companiesandmarkets.com/Market/Chemicals/Market-Research/Bio ..

Browse all Chemicals Market Research Reports www.companiesandmarkets.com/Market/Chemicals/Market-Research?aCo ..

Browse all Chemicals Company Profile Reports www.companiesandmarkets.com/Market/Chemicals/Company-Profile?aCo ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 447 Words
Related Articles
 
More From Finance
Investing.co.uk Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source Investing.co.uk has announced that it will now be offering the [..]
Credit-Yogi.com Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]
The Experts at Credit-Yogi.com Explain How to [..]
Foreclosures have gone through a decrease over the past decade, but that doesn’t mean they don’t still happen. People who [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.