Homepage > CMRC understandings > 【CMRC understanding】Bird's nest consumption will continue to increase
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The unique health care effect of bird's nest has been recognized by more and more consumers. The group of edible bird's nest is gradually increasing, and the market scale of bird's nest industry will be further expanded. According to market research data, China's bird's nest imports increased from 3.1 tons in 2014 to 336.8 tons in 2020, an increase of 107 times, with an annual compound growth rate of 218.4%.
The bird's nest market research project report released by CMRC Zhongyan Century Consulting summarizes the market characteristics of the bird's nest industry and finds that many enterprises continue to flow into the bird's nest industry, and the number of overseas bird's nest processing enterprises registered in China increased from 29 in 2017 to 59 in 2019. By the end of 2021, the number of Chinese bird's nest processing enterprises included in CAIQ traceability had increased from 25 at the end of 2017 to 100, of which yanzhiwu ranked first in the import volume of edible bird's nest for three consecutive years. Bird's nest processing enterprises show certain regional characteristics, mainly distributed in Fujian, Guangdong, Zhejiang, Shandong, Beijing, Shanghai and other places. The consumption market of bird's nest also has regional characteristics, mainly concentrated in economically developed Guangdong, Zhejiang, Shandong, Beijing, Hebei and other places. With the rise of residents' consumption capacity, the consumption of bird's nest across the country will continue to increase in the future.
At this stage, the brands that have begun to take shape in the bird's nest industry market and have formed a certain brand influence include: Yan Zhiwu, upstairs, Zuo Shi, Zhengdian, Tongrentang, etc. Relying on its brand advantages, Tongrentang focuses on high-end products; Upstairs has attracted many consumers by virtue of its advantages of imported brands from Hong Kong. In recent years, with the development of the Internet, online bird's nest brands such as xiaoxiandun and yanxiaochu have also developed rapidly, and gradually explore the offline market. (source: Zhongyan Century Market Research Co., Ltd. the opinions in this article are for reference only and are not used as investment suggestions!)