Wednesday, 22 May 2013

China Food and Drink Report Q3 2013

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China Food and Drink Report Q3 2013
May 22nd 2013, 00:00

The recent improvements in the state of the economy are likely to support the ongoing expansion of China''sfood and drink industry. As tastes and preferences continue to evolve and the spending power of consumersbeyond Beijing, Shanghai and Guangzhou rises, we expect companies to continue viewing China as one ofthe outstanding growth opportunities.Headline Industry Data? 2013 food consumption = +13.3%; compound annual growth rate (CAGR) forecast to 2017 = +13.1%.? 2013 beer volume sales = +8.3%; CAGR forecast to 2017 = +8.6%.? 2013 soft drinks volume sales = +7.5%; CAGR forecast to 2017 = +7.1%.? 2013 mass grocery retail sales = +8.8%; CAGR forecast to 2017 ...

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