According to a report by global market intelligence company Mintel[1], the retail sales of frozen and chilled ready meals in China were expected to reach ¥243.8 billion (approximately US$35.4 billion or S$47.0 billion) in 2022, with an accelerated growth of 12.8 percent from 9.5 percent in 2021. This has led the leading provider of food solutions and gateway services SATS Ltd. ("SATS"), to strengthen its presence in China, with the opening of a 21,553.13m2 central kitchen in Tianjin … [Read more...] about SATS expands in China to capture the ready-to-eat market