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Changing food consumption pattern and growing appetite for variety of new taste is expected to drive processed food industry in China at a CAGR of around 33% during 2010-2013.
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Lower price as compared to traditional food is fueling the growth in the US fast food industry, which is expected to witness impressive growth rate in the near future…
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The Indian food, beverages and tobacco market will grow at a CAGR of around 7.5% during 2009-2013 to around US$ 330 Billion by 2013…
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As per our findings, the US wine market is expected to hit a value of around US$ 33.5 Billion with 871 Million Gallons of wine sales by 2013…
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The per capita consumption of wine in the country was estimated at around 9 Milliliters in 2008, indicating huge potential for growth in the coming years.
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The Indian non-alcoholic drinks market was estimated at around Rs. 216 Billion in 2008 and is forecasted to grow at a CAGR of around 15% during 2009-2012.
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Vietnam is becoming a hub for food products processing as the industry has been growing at an annual rate of 20-30%.
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The demand for processed food will continue to rise and companies will tend to invest more in future in order to tap the unexplored market potential.
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The report provides an in-depth study evaluating the past, current and future market trends in the food and beverage industry of Chile.
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