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"China Food & Drink Report Q3 2014" Is Now Available at Fast Market Research

New Food market report from Business Monitor International: "China Food & Drink Report Q3 2014"

 

Boston, MA -- (ReleaseWire) -- 06/09/2014 -- While we are bullish on the long-term prospects for the Chinese consumer sector, the country's domestic demand rebalancing is likely to be a long, drawn-out process. An acceleration of household spending driven by sizeable personal savings and rising wages would compensate for a reduction in capital outlay, helping to keep the economy motoring along at its current rate of expansion. Indeed, the vast size of China's consumer base, the undeveloped nature of organised retail, the relatively low penetration of services, and the strong scope for premiumisation are all structural positives and underpin our view that private consumption will slowly rise as a share of nominal GDP over the next decade.

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Headline Industry Data

- 2014 food consumption local currency = +9.7%; compound annual growth rate (CAGR) forecast between 2013 and 2018 = +9.4%.
- 2014 beer volume sales = +8.9%; CAGR forecast between 2013 and 2018 = +8.7%.
- 2014 soft drinks volume sales = +7.4%; CAGR forecast between 2013 and 2018 = +6.7%.
- 2014 mass grocery retail sales = +9%; CAGR forecast between 2013 and 2018 = +9%.

Key Company Trends

Global Beer Makers Want Their Share In China : In April 2014, we noted that AB InBev's acquisition of yet another beer producer in China demonstrated the continued interest in the country's beer industry, especially as foreign players are still underrepresented in the world's largest market in volume. AB InBev announced the acquisition of Chinese beer company Siping Ginsber in April 2014, in a deal that could make it the country's number three brewer. The deal valued Siping Ginsber at EUR450mn.

Infant Nutrition Firms To Benefit From Reversal Of One-Child Policy : We noted in December 2014 that the decision by China to relax its one-child policy was a major development for the dairy industry, particularly the infant formula segment. China was already the greatest global opportunity for formula, and the revision of the policy is expected to lead to an additional...

The China Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's China Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in China.

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