Most Popular in:
Euromonitor: China to Become Largest Beverage Ingredient Market in '14
Posted: September 11, 2013
China is set to overtake the US to become the largest market for food and beverage ingredients in 2014, according to a recent Euromonitor report.
The market research firm said China will consume 87 million tonnes of food and beverage ingredients in the next five years, and three quarters of that is expected to come from commodity ingredients alone such as meat and grains for instance.
Value-added ingredients such as flavors and artificial sweeteners are also projected to perform well in China, especially health focused ingredients.
To view charts and to listen to Euromonitor's corresponding webcast, click here.