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.