Forecast: Electricity Consumption in Manufacture of Foods in China

In 2023, electricity consumption in China's food manufacturing sector was estimated as the baseline for future analysis. Predicted data from 2024 to 2028 shows a steady increase from 377.38 billion kWh to 419.81 billion kWh, suggesting an upward trend with significant energy demands in this industry. Year-on-year percentage variations highlight an increase in consumption, reflective of growing food manufacturing activity. The compound annual growth rate (CAGR) further reinforces a consistent forecast, emphasizing gradual growth in electricity needs.

Future trends to watch for include:

  • Technological advancements enhancing energy efficiency.
  • Policy shifts impacting renewable energy integration.
  • Potential economic and regulatory shifts affecting consumption patterns.

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