Macroeconomic environment
In 2024, the global economy is expected to continue to recover, but it still faces some uncertainty. China's economy will maintain a steady and positive trend, but the growth rate will slow down. China's GDP growth is expected to be 5About 5%.
Food & Beverage Industry Trends
In 2024, the food and beverage industry is expected to continue to grow, albeit at a slower pace. It is expected that the revenue growth rate of the food and beverage industry will be about 8% in 2024.
Food & Beverage Industry Segment Analysis
Liquor
In 2024, the liquor industry is expected to continue to grow, but the growth rate has slowed. It is expected that the revenue growth rate of the liquor industry will be about 10% in 2024.
Beer
In 2024, the beer industry is expected to continue to grow, albeit at a slower pace. It is expected that the revenue growth rate of the beer industry will be about 6% in 2024.
Dairy products
In 2024, the dairy industry is expected to continue to grow, albeit at a slower pace. It is expected that the revenue growth rate of the dairy industry will be about 8% in 2024.
Drinks
In 2024, the beverage industry is expected to continue to grow, albeit at a slower pace. It is expected that the revenue growth rate of the beverage industry will be about 9% in 2024.
Investment strategy
In 2024, the investment strategy recommendations for the food and beverage sector are as follows:
Pay attention to leading enterprises with brand advantages, strong product innovation capabilities and perfect channel layout.
Pay attention to the development trend of subdivisions and explore subdivisions with growth potential.
Keep an eye out for investment opportunities with regression in valuations.
Risk Warning
The investment risk reminder of the food and beverage industry is as follows:
Risk of changes in the macroeconomic environment.
Risks of intensifying competition in the industry.
Food safety risks.
In 2024, the food and beverage industry is expected to continue to grow, albeit at a slower pace. When investing, investors should comprehensively consider factors such as the macroeconomic environment, industry development trends, and company fundamentals, and invest cautiously.