1~5月份，食品行业三大子行业工业增加值增速稳中略有放缓。其中，酒，饮料，精制茶制造业增长9.5%，食品制造业增长 8.5%；农副食品加工业增长 7.3%。三大子行业固定资产投资增速呈“两升一降”态势。其中，农副食品加工业投资同比增长 7.3%；食品制造业固定投资同比增长 3.5%；酒、饮料和精制茶制造业投资同比减少 4.5%，降幅有所收窄。 

Aseptic packaging is the packaging of products in the aseptic environment in presterilized containers, to prevent the products from contamination and maintain freshness for a long period of time. Aseptic packaging involves flash pasteurization of products to retain their original aroma, texture, and organoleptic characteristics and contains no preservatives or additives. The containers are sterilized by chemical, heat,or gamma ray treatment. The containers can be pouches, bags, ampules, vials, or prefillable syringes and can be of different dimensions. They have a shelf life of more than two years. Dairy, food and beverage, and pharmaceutical and healthcare sectors are the key customers of aseptic plastic packaging products.In this report, Technavio covers the present scenario and growth prospects of the global aseptic packaging market for 2017-2021. To calculate the market size, the report considers the revenue generated through different applications of aseptic packaging and types of aseptic packaging.

The demand for cocoa is increasing with the growth of chocolate confectioneries and other end products. In 2014, the production of cocoa beans was the highest in Africa (73%) while grinding of cocoa beans was the highest in Europe (39%). Cocoa production is characterized by small-scale farmers who only have limited access to funds and have limited knowledge of technology, as well as dated skills. This is a major concern that restricts the growth of the cocoa market. The market will likely record stable growth rates through modern agronomy techniques and soil reclamation. Along with the development of infrastructure and political stability, which supports free trade, the market will likely witness an increase in yields. Infrastructure development in terms of warehousing and roads for transportation, and other such factors that affect cocoa production in regions such as Africa are expected to improve in the coming years. Political stability can greatly impact the supply potential of cocoa, and hence is crucial for the stable growth of the market.

一线白酒戴维斯双击推动食品饮料 1H17 涨幅居市场前列，降估值拖累非一线白酒和非白酒。预计 2H17 年食品饮料行业营收增 8-12%，继续呈现消费小复苏，但机会或将分化明显，兲注四选股策略：抱团取暖和比价敁应下，低估值蓝筹仍有机会，看好小周期向上的伊利、双汇，以及报表增速较好、估值仍不贵的茅台、洋河。

17 年上半年白酒涨幅领先，基金持仓还有上升空间。品牌白酒强劲复苏，预计上市公司 17-18 年收入可实现年均 20%的较快增长，其中 18 年业绩有望继续提速，全行业价格全面上移，趋势向好，继续推荐，重点看好山西汾酒、五粮液、酒鬼酒。葡萄酒，17 年行业景气度降低，进口酒压力仍大。