Development status of food industry

At present, China's food industry is still mainly based on the primary processing of agricultural and sideline food raw materials, with a relatively low degree of fine processing, and is in the growth stage. The food industry is a perfectly competitive industry with low concentration, a high proportion of small and medium-sized enterprises, low technical level, serious homogeneity, fierce price competition, and narrow profit margins. With the integration of the industry and the improvement of industry maturity, industry profits are moving toward large enterprises. With rapid concentration, industry leading companies will take on the important task of integrating industry resources.