Food & Drink sector update
December 11th, 2009
l Rapidly increasing demand for chilled and frozen food will boost the sale of cold storage facilities in China over the next five years, according to a research report by property services provider, Jones Lang LaSalle. The number of refrigerated warehouses was expected to grow by about 24 per cent annually for the next five years amid pressing demand from consumers and the food export sector, the report said.
l Demand for frozen meat products, dairy products and other food has increased by 70 per cent over the past six years as the population eat more animal protein, Jones Lang LaSalle said.
To find out about the market research we conduct in the Food & Drink sector, please click here.
Sources: CBBC, Xinhua, Financial Times, Wall Street Journal, FCO Country Updates and other news sources.
english | 
