Apr 4 2006 | China, Peoples Republic of | Food Processing Highlight: The food processing industry in China continues to grow rapidly. In 2004 revenue for the industry was over USD$157.7 billion. Strong economic growth and rapid urbanization have contributed to higher disposable incomes and increased demands from Chinese consumers for high quality processed foods at home and in restaurants. China is also becoming a profitable base for export oriented food processing. Although China's food processing industry is growing rapidly, it is still relatively underdeveloped. It should continue to see consistent growth in the double-digit range for the foreseeable future, with increased demand for certain high quality American ingredients.
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