Industry Analysis & Industry Trends
The Juice Production industry in China has experienced substantial growth in the past decade, together with China's whole Beverage Manufacturing sector. The proportion of fruit juice beverages consumed in China has been growing as growth of carbonated soft drink slowed down due to market saturation and health concerns. In 2007, both the output and revenue of juice have overcome those of carbonated soft drinks in China. Large volumes and varieties of readily available fruit and vegetables in China, and increasing household incomes have contributed to the rapid expansion of the industry.
In 2011, industry revenue is expected to amount to $15.73 billion (constant 2011 dollars), up 37.7% from 2010. Total output of fruit and vegetable juice is expected to amount to 22.7... purchase to read more
Industry Report - Industry Analysis Chapter
Industry revenue and profitability
The Juice Production industry in China developed rapidly in the period from 2006 to 2011, with revenue increasing at an estimated annualized rate of 26.1%. Output of fruit and vegetable juice and beverage increased rapidly from 8.6 million tons in 2006 to a forecast 22.7 million tons in 2011, representing an annualized growth rate of 21.4%. The main drivers for this strong industry growth include increasing health consciousness of Chinese people; per capita income growth; higher foreign demand; and increasing consumption across particular consumer groups, such as women and children.
Despite the global financial crisis, industry revenue increased by 14.6% in 2008 and 22.6% in 2009... purchase to read more