China Food and Drink Report - Business Monitor International - Industry Reports

China Food and Drink Report

China Food and Drink Report - Business Monitor International - Industry Reports
China Food and Drink Report
Published Sep 03, 2016
89 pages — Published Sep 03, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Chinese GDP per capita will roughly double over the next decade to USD--,--- in ----, with an additional --.-mn households moving into the USD--,------,--- income bracket by ----. Even with a slowdown in the broader economy, Chinese consumers will continue to grow their incomes, driving private consumption at the national level. Combined with the fact the government targets a national urbanisation rate of -- by ----, from the current level of -- , this bodes well for international retailers looking to enter the market. Of the major emerging markets, China has seen one of the largest increases in household debt over the last seven years, from --.- of GDP in Q--- to --.- in Q---, marking a rise of about --.- percentage points. This is not altogether surprising, given that the Chinese economy has loaded up on debt since the crisis and has seen a strong performance for the luxury and premium segments over this period. ...The East of China is generally the most developed and has the strongest economy, with spill-over benefits for the retail sector.

...The food industry is among China s fastest-growing sectors. Accession to the World Trade Organisation has benefited Chinese industries across the board, with the gradual removal of market barriers and trade restrictions creating increased competition among domestic and foreign operators. ...Accession to the World Trade Organisation has benefited Chinese industries across the board, with the gradual removal of market barriers and trade restrictions creating increased competition among domestic and foreign operators. An abundance of partnerships between local players and multinationals has allowed for rapid development, with the local players benefiting from the financial clout and operational expertise of multinationals, and the latter benefiting from the former s local market knowledge. China s vast population makes it an attractive target for international food & drink companies. ...China s vast population makes it an attractive target for international food & drink companies. High disposable incomes in urban centres create an aspirational consumer base susceptible to modern retailing and interested in premium products.

...Sub-sectors set to experience strong growth as a result of rising disposable incomes include high-quality processed foods, energy drinks and premium coffee chains. Ample growth opportunities remain across all food sub-sectors, with the market still far from saturation. ...

  
Source:
Document ID
1749-2637
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "China Food and Drink Report" Sep 03, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/China-Food-and-Drink-Report-2026-37>
  
APA:
Business Monitor International - Industry Reports. (2016). China Food and Drink Report Sep 03, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/China-Food-and-Drink-Report-2026-37>
  
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