During Jan-May 2008, the revenue growth rate of China food & beverage industry increased 8.34 points to 37.56% compared to the same period in 2007，recording the highest in recent years; However, the growth rate of total profit declined 2.66 points to 48.27%.

In 2009, the growth of GDP and companies' profit will both slow down; the prices of farm products and packaging materials will rise. However, the increasing disposable income of the residents and the upgrade of consumptive structure both provide the strong support for the development of food and beverage industry.

Based on the authoritative statistics from the State Information Center and the National Bureau of Statistics of China as well as the financial statements of some companies, this report makes an in-depth analysis of the status quo of China's food and beverage industry and the development of some key food and beverage enterprises. It also predicts the future development of the industry in 2009.