In the first three quarters of 2006, Food & Beverage Industry has represented a rapid growth trend. From January to September profit from food processing industry has hit RMB 34.5 billion, up by 48.44% year-on-year; profit from food manufacturing industry reached RMB 18.1 billion, up by 41.71% year-on-year; and profit from Beverage Manufacturing industry has reached RMB 22.7 billion, up by 33.45% year-on-year.
Seen from long-term trend, food expenditure proportion trends are supposed to decline, along with improvement of Chinese residents' living standard; however, absolute volume consumed on food always keeps a growth trend.
Generally speaking, with improvement of Chinese residents' living standards, the sum consumed on food by people will keep increasing, and consumer demands for food & beverage will have a great sustained development. Therefore, it's possible to anticipate growth of total amount in Food & Beverage Industry for the next 10 years.
Source:未知