China Wheat Industry 2015-2019 [Market Research Report]

Dec., 15, 2015, Mumbai, India: Market Reports on China presents the report, on “China Wheat Industry 2015-2019 [Market Research Report]”. With the improvements in living standards, the average consumption of meat, dairy products and egg keeps rising, resulting in the unlikely increase or even a possible decline in average consumption of flour as ration.

As one of the most important grain varieties in the world, wheat reported a yield of 126.21 million tons in 2014 in China, increasing 3.5% year on year. "http://www.marketreportsonchina.com/food-beverages-market-research-reports-1186/research-china-wheat.html"

Wheat can not only make flour or fodder but also be used in food processing, wine making or as a raw material of drugs.

The major consumption of wheat comes from flour processing. As flour consumption grows steadily, the consumption of wheat in flour processing is stable too. With the improvements in living standards, the average consumption of meat, dairy products and egg keeps rising, resulting in the unlikely increase or even a possible decline in average consumption of flour as ration. Therefore, industrial use has become the major booster of wheat consumption.

As wheat can also be used in feed processing, it can replace corn to some extent. For example, the price ratio of wheat to corn was 0.89 in 2011, hitting a record low since 1999 and decreasing about 12% compared with 2011, which drove the substantial growth of 10 million tons in wheat fodder consumption. Since 2012, the ratio has recovered to over 1, accompanied by the obvious decline in feed processings consumption of wheat.

With population expansion and rising consumption, the demand for wheat keeps going up. However, due to deepening urbanization and low gains of grain growing, the number of people engaged in agriculture continues to decrease, which leads to unlikely rise in grain yield. To encourage the development of grain growing, Chinese government has issued a series of...