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What was the average growth rate of China’s food and beverage market between 2009 and 2014?
Q&AToday, China’s food and beverage market is the largest in the world. From 2009 to 2014, China’s food and beverage market saw an average growth rate of 30%. As demand for higher quality products increases, the nation finds itself looking beyond its borders. Only 11% of China’s land is arable. As a result, the Middle Kingdom has been forced to import large quantities of food in order to feed its massive population.
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