date:Mar 12, 2013
The oil fats industry in China will continue its growing spree going forward, finds a new survey report by UK-based research firm Canadean - Food.
According to the report 'The Future of the Oils Fats Market in China, to 2016', the compound annual growth rate (CAGR) of the industry's market value is expected to be pegged at 5.46% during 2011-2016, compared to 4.47% growth rate that it posted between 2006 and 2011.
The CAGR in volume terms will also grow in the next few years, but at a pace le