required report public distribution date 4 2006 gain number ch6602 ch4605 china peoples republic of food processing ingredients sector approved by keith schneller prepared daniel taylor revised and updated matt van osdol highlights the industry in continues to grow rapidly 2004 revenue for was over usd 157 7 billion strong economic growth rapid urbanization have contributed higher disposable incomes increased demands from chinese consumers high quality processed foods at home restaurants is also becoming a profitable base export oriented although s growing it still relatively underdeveloped should continue see consistent double digit range foreseeable future with demand certain american includes psd changes no trade matrix annual guangzhou ch3 ch usda foreign agricultural service global agriculture information network template version 2 09 ch5607 page 33 unclassified table contents section ii executive summary 3 market 5
