echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > China's instant noodle market expands, and the consumption of wheat and palm oil increases

    China's instant noodle market expands, and the consumption of wheat and palm oil increases

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Introduction: according to Riqing Food Co., Ltd., the instant noodle market in China is increasing by 20% every year, consuming an amazing amount of wheat and palm oil At present, China is the largest instant noodle market in the world Ken Sasahara, President of the international branch of Nissin Food Co., Ltd., said his company's Chinese partner, Hebei Hualong Food Co., Ltd., plans to build five more instant noodle factories this year, aiming to make profits in the rapidly expanding market This week, Nissin said it would buy 33.4% of Hebei Hualong Food Co., Ltd Hualong Food Co., Ltd is also the second largest flour processing enterprise in China Industry officials estimate that about 70g of flour is needed for each pack of instant noodles, which means that China needs about 2 million tons of flour a year to meet the instant noodle market When asked about wheat procurement, Sasahara said that China is the largest wheat producer in the world, and they didn't import at all in the past, but given the speed of China's raw material consumption, China may continue to import wheat in the future After years of export, China began to appear in the international market as a major wheat importer in the past few months So far, it has ordered about 5 million tons of wheat from Canada, Australia and the United States  
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.