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Article: ANALYSIS - PROBLEMS FACED BY CHINA'S HEALTH FOOD INDUSTRY.
- Article from:
- AsiaPulse News
- Article date:
- September 4, 2002
CopyrightCOPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Sept 4 Asia Pulse - Experts from Chinese Health Food Association have pointed out the following problems in the health food industry:
Most health food enterprises operate on a small scale. There are only three enterprises whose sales revenue has exceeded one billion yuan (US$1.25 billion) and nearly 100 enterprises whose sales revenue is over 1.5 million yuan.
The variety of health food products came to 1,509 in 2001, including 651 for regulating the immunization system, 217 for regulating blood fat and 211 for fighting fatigue. They made up 71.5 per cent of the total.
The small scale of enterprises and duplication of product functions ...