如果用业绩说话，2015 年至 2016 年一季度，白酒行业基本面的改善已经超出市场预期。并且我们认为，白酒行业较好的业绩增长势头能够持续。长达四年的调整周期中，白酒消费基本从官方过渡至民间，目前来看，民间消费对白酒的承接较好，这是白酒业绩增长的根本。根据渠道调研，目前五粮液、茅台、老窖几大高端白酒的渠道库存正常、动销较好，经销商对下半年偏乐观，因而打款普遍积极。

The global packaged foods market was valued at $2.6 trillion. Rising product and packaging innovations characterize this market. Changing lifestyles globally have increased the sales of packaged food products. Packaged foods are quick and convenient to prepare. Certain packaged foods such as sauces and pickles serve as accompaniments to home-cooked meals.

The global mayonnaise market has registered steady growth over the past few years. The rising demand for convenience foods has led to a greater interest in readymade sauces and dressings, in turn resulting in increased demand for mayonnaise. Also, increased interest in varied cuisines has also necessitated the usage of different sauces and dressings.

Frozen foods are an essential part of the meals prepared and served in both homes and restaurants. The variety of frozen foods in the global market reflects the extensive use of frozen foods in households: ethnic, vegetarian, fast, gourmet, and dietary foods. The consumption of convenience foods has gained momentum during the last few years because consumers have increasingly hectic lifestyles and prefer ready-to-eat meals, driving market growth.