Food processing industry is gaining recognition in China's food market. The country that enjoys one of the largest shares of world's food production is giving space to packaging industry to expand its realms.  

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.

Related Reports
China Food & Beverage Industry Report, 2006

China Food Service Industry Report, 2004-2005

Source:佚名