Over the five years to 2015, the Canned Food Production industry in China developed rapidly. Increased working hours and busy lifestyles led to increased demand for canned and bottled food. Domestic demand alone has been growing at an annualized rate of 18.4% to an estimated $23.6 billion in 2015. Total industry revenue has been increasing 14.3% annually to reach $29.2 billion in 2015. Revenue growth was strongest early in the past five years, before dramatically slowing in 2014.
Canned and bottled food exports are an important contributor to the industry, accounting for an estimated 25.7% of industry revenue in 2015, down from a peak of 94.8% in 2004.
Businesses in the Canned Food Production industry in China process raw food materials into canned, bottled and preserved foods. The main production methods include processing, sorting, shaping, cooking, filling, sealing, sterilizing, and cooling (or aseptic packaging). The products within this industry include canned food in rigid containers, such as tin or glass, and food in flexible packages.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.