China's Growing Middle-Class Spells Opportunity for Oceania's Food & Beverage Industry
PERTH, AUSTRALIA--June 15, 2015--Researched by Industrial Info Resources Australia (Perth, Australia)--As China's economy has grown during the past few decades, its middle class has expanded. During the next few decades, hundreds of millions of Chinese families are expected to join the middle class and propel massive consumption in a variety of sectors, including the Food & Beverage Industry. Australia's "Industry Innovation and Competitiveness Agenda," released in October last year, identifies food and agribusiness as sources of national strength.
Within this article: Details of project growth in Australia's Food & Beverage Industry, including projects from Fonterra Co-operative Group Limited.
