China Open its Doors to Food Processing Industry

Released on = September 8, 2006, 5:05 am

Press Release Author = RNCOS

Industry = Food & Beverage

Press Release Summary = Food processing industry is gaining recognition in
China’s food market. The country that enjoys one of the largest share of
world’s food production is giving space to packaging industry to expand its
realms.

Press Release Body = With 1.3 billion people growing at 10million a year and a
rising economy, China is the largest food consumer.

The food processing industry, that generated revenue over US $157.7 in 2004, is
growing rapidly. Firm economic growth and fast urbanization has resulted in
increased disposable incomes, thereby, increasing the demand of quality processed
food by Chinese consumers, both at homes and restaurants. China is churning out
profits for food processing export-oriented units. Despite a fast growth,
China’s food processing market is still underdeveloped. With rising demand for
high quality American constituents, it will continue to witness double-range growth
in the future.

China’s annual food consumption is mind-boggling. World’s 51% pork, 33%
rice, 19% ice-cream, 19% poultry, 12% beef is consumed by China. Though only 30% of
the consumed food in China is “packaged” in comparison to 80% of western
market, the processed food market is expanding, mainly in busy urban areas because
of convenience, healthier choices, variation and quality.

“Food Processing Market in China (2005)”, a recent market research
report by RNCOS puts forward that, since 1980, China is the fastest-growing economy.
As the rest of the world is on a decline, China is growing and is anticipated to
maintain a GDP annual growth rate at 7% for next 5 years.

The research report also looks into the issues and facts crucial to the success of
Food Processing Market in China, like

- Relative study of Asian food processing market
- Country wise account of processed food and beverages (2004/05)
- Approximate changes in food and agricultural import standards and regulations
- Drivers in the food processing market
- Study of overall investment chances and growth opportunities in the food sector
- Threats and challenges for China food processing industry

RNCOS’ market research report “Food Processing Market in China
(2005)” throws light on how the availability of raw materials, varying
lifestyles and flexible trade regulations has given the momentum to this industry.
It also discusses the improvements in supply and demand in terms of unit sales while
covering the hurdles in this sector.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/FB14.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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