Released on: March 20, 2008, 2:53 am

Press Release Author: Shushmul Maheshwari

Industry: Industrial

Press Release Summary: According to the latest report by RNCOS on Chinese Food,
Beverages, and Tobacco market, the sales of spirits is predicted to shoot up by the
year 2011 in the country.

Press Release Body: According to the latest report by RNCOS, “Chinese Food,
Beverages and Tobacco Market Forecast till 2011”, spirits market represented
43.5% of total alcoholic beverages sales in China in 2006. This substantial share
has made spirits number one alcoholic drink in the country.

The report prepared after thorough and rational analysis of the Chinese spirit
market tries to look for the reasons for high consumption rate of spirits in the
country. The analysis concluded that spirits market will grow from 13% to 14% every
year, and by the end of 2011, the sales will touch nearly US$ 50 Billion.

The report further highlights the growing interest of foreign players to enter the
Chinese spirits market because of its increasing demand within the country. It
reveals better opportunities for foreign players in the Chinese spirits market and
talks about the measures foreign players can resort to for commercialization of
their products in China’s domestic market. Apart from that, it also examines
steps taken by the Chinese government to support the foreign players’ move and
reveals the benefits provided to the players on entering the Chinese market. It
analyzes Chinese spirits market’s current retail formats and also reveals the
trend that dominates the market.

The report identifies another emerging segment of the market – food
emulsifiers. Due to rise in disposable income, Chinese have changed their lifestyle
and food habits. They are now more inclined to eat nutritious or low fat food. Apart
from that, the research reveals other aspects that have forced Chinese to live on
healthy diet. After evaluating the trends, it predicts that in future, food
emulsifier market of China will increase at a CAGR of around 15%.

\"Chinese Food, Beverages and Tobacco Market Forecast till 2011\" highlights the food
consumption pattern of Chinese in diverse food segments, like meat, vegetables, milk
and fruit. The beverage segment talks about various kinds of beverages, their
consumption patterns, and sales. The report also briefs about the Chinese tobacco
industry and its market segment.

This report is designed to help clients to analyze the drivers, challenges, and
opportunities for the expansion of Chinese food and beverage industry.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM573.htm
Current Industry News: http://www.rncos.com/blog


Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com