According to reports from sodium benzoate manufacturers, the condiment industry recently released a record of investor relations activities, saying that condiment circulation and catering accounted for about 50 to 60%, and household consumption accounted for about 30 to 40%. During the epidemic, although it was greatly affected, the overall impact was within the controllable range.

In fact, the condiment industry is highly related to catering, and condiment is an indispensable part of the catering supply chain. During the epidemic, both the production and supply side, and the sales side, the condiment industry has actively taken some measures. Grasp the resumption of production and production to ensure that market supply is not affected. A series of targeted marketing policies have been issued to help dealers and sales, different categories, different channels, and different markets, combining push and pull to seize market opportunities.

As the market scale further expands, all enterprises also continue to increase the production capacity transformation of production bases, and the production capacity matching modestly advances, providing a guarantee for the stable development of the market.

Questions about whether the market will raise prices in 2020, industry insiders said that the external environment will change greatly in 2020, and the conditions for price increase are not met, and there is no price increase plan. (Shandong sodium benzoate)