China produces one-third of the world's meat, a quarter of the world's fruit and one-fourth of the world's beer. It also consumes half of the world's vegetables and a third of the world's baijiu. In the first nine months of 2017, the sector's revenue amounted to RMB 3,503.8bn, up 3.3% y/y, thanks to the increased sales of flavoring and fermented products, dairy products and baijiu. The total profit for this period grew by 6.2% y/y to RMB 321bn. With rising incomes and improving living standards, the Chinese diet habits and consumption structure have changed.
The healthy and high quality food and beverage products are becoming increasingly popular, creating opportunities for foreign brands and imports. In May 2017, the world's leading food and agricultural company Cargill's new oilseeds processing plant with an annual processing capacity of 1.3mn tonnes was put into operation in Cangzhou, Hebei province, in order to meet the increased demand for refined edible vegetable oil in Northern China. In the first nine months of 2017, the import value of brandy jumped by 44.4% y/y to USD 610mn, according to the China Chamber of Commerce of Foodstuffs and Native Produce.
This report provides a complete and detailed analysis of the food and beverage sector for China. The Research presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
- WH Group Ltd
- Inner Mongolia Yili Industrial Group Co Ltd
- Tingyi (Cayman Islands) Holding Corp
- China Mengniu Dairy Co Ltd
- Kweichow Moutai Co Ltd
Key Topics Covered:
1. Executive Summary
2. Sector Forecast
3. Sector in Focus
4. Competitive Landscape
5. Companies in Focus
6. Regulatory Environment
7. Food Manufacturing
8. Beverage Manufacturing
For more information about this report visit https://www.researchandmarkets.com/research/n62gfg/china_food_and?w=4