Cactus derived products sell above expectations
China Kangtai Cactus Biotech Inc., a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based products in China, announced that revenues from two new products launched in the fourth quarter 2009 have exceeded initial sales estimates.
By the end of 2009, the company's new patented cactus pig feed had generated sales of approximately $386,000 compared with the company's initial expectations of $330,000.
Kangtai hog feed is sold in China mainly through Heilongjiang Boli Jinhai Linzhi Feed Ltd. and Jiamusi Jinfeng Feed Co.
Studies of animal nutrition and immunology indicate that cactus-derived feed provides nutrition, boosts immune systems and prevents inflammatory illnesses.
China Kangtai CEO Jinjiang Wang said, "We are excited to see the strong initial acceptance of our cactus hog feed. This market segment shows huge potential for growth for our company. China is the world's largest consumer of pork.
“Following the successful launch of our cactus cattle, fish and hog feed, we plan to launch a poultry feed product in 2010. The estimated sales for all four of these animal feed products are $4.4 million in 2010."
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