April 18, 2022 — A structural decline in China’s pork consumption, being driven by the country’s changing demographics as well as health concerns and rising incomes, will benefit the seafood industry, according to Bu Rui Ke (which also trades as China Brick), a research consultancy focused on agricultural commodities and publicly listed agricultural and food firms.
However, the firm found seafood is facing a battle with beef to become the protein of choice among the fast-growing, higher-spending Chinese middle class.
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