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China's Consumer Expenditure on Food, Beverages and Tobacco is Forecast to Grow at a CAGR of 12.8% During 2007 to 2011

Posted on: Wednesday, 19 December 2007, 00:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c77659) has announced the addition of Chinese Food, Beverages and Tobacco Market Forecast till 2011 to their offering.

The latest report "Chinese Food, Beverages and Tobacco Market Forecast till 2011" provides extensive research and rational analysis on the Chinese food, beverage and tobacco industry. This report has been made to help clients in analyzing the opportunities, challenges and drivers vital to the growth of the food and beverage industry in China.

The report provides a detailed overview of the consumption patterns of the Chinese people in various food segments, like milk, fruits, vegetables, and meat. The beverage segment talks about the type of beverages, their sales and consumption patterns among Chinese. The tobacco segment is dedicated to give a brief description of the industry in China.

For the purpose of this report:

1 CNY = 0.134916 USD

1 EUR = 1.47285 USD

Key Findings of the Report

China' consumer expenditure on food, beverages and tobacco is forecasted to grow at a CAGR of 12.8% during 2007 to 2011.

China's rapid economic growth and continuing urbanization has led to consumers moving away from staple food to include greater quantities of meat in their diets with per head meat consumption forecasted to grow at a CAGR of 4.23% during 2007 to 2011.

With the rise in production of bottled water, flavored and carbonated drinks, tea-based beverages and fruit juices, volume sales of soft drinks are anticipated to surge at a CAGR of more than 10.2% during 2007 to 2011.

With the growing beverage industry, the demand for beverage packaging containers in China is projected to swell by 8.9% per year through 2010.

The increasingly busy lifestyles of urban Chinese in particular have led to an increased demand for convenience foods, such as ready meals.

Key Issues and Facts Analyzed in the Report

Market size of the China' food, beverage and tobacco industry.

In-depth analysis of various segments of food and beverages segments.

Study of factors that are driving Chinese food, beverage and tobacco industry.

Thorough study of key opportunity areas and issues to be addressed.

Brief profiling of major players (both domestic and foreign) of the industry.

Key Players Analyzed

This section covers the brief profiling about the major players in the Chinese food, beverage and tobacco industry, including Trebor Wuxi Confectionery Co. Ltd., Nestlé, Unilever, SABMiller Plc, Tsingtao Brewery Company Ltd., Yantai Changyu Pioneer Wine Company Ltd. and China National Tobacco Co.

Research Methodology Used

Information Sources

Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

Analysis Method

The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.

For more information visit http://www.researchandmarkets.com/reports/c77659

Source: Business Wire

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