New Market Report Now Available: Sauces, Dressings and Condiments in China
Sauces, dressings and condiments is expected to continue to register good current value growth of 9% in 2013, with this however being slightly slower than the 10% growth seen in 2012. The main factor hindering growth is China's decelerating economic growth. According to trade sources, domestic GDP growth in the first quarter of 2013 was below 8%, with this being far lower than expected. With slower economic growth, many consumers and especially housewives became more price-conscious when...
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