Industry Analysis & Industry Trends
The Biscuit and Other Bakery Products Manufacturing industry in China experienced rapid growth in the past five years with industry revenue increasing at an estimated annualized rate of 26.2% to 2011. Industry revenue is forecast to total $16.64 billion in 2011, up 20.1% from 2010 (constant 2011 dollars).
Industry growth was stimulated by greater domestic demand, increasing private investment, the entry of foreign capital into China's manufacturing sector, and greater production that increased total industry output.
With increasing demand for biscuits and other bakery products in China in recent years, domestic and foreign manufacturers have increased production to supply the market.... purchase to read more
Industry Report - Industry Investment Chapter
The technology requirements in the Biscuit and Other Bakery Products Manufacturing industry in China are moderate as there is a short replacement cycle for manufacturing equipment, while packaging and advertising fees are moderate and increasing. Using depreciation as a proxy for capital, and wages, management, administration and some advertising expenses as a proxy for labor, the capital to labor ratio is expected to be 1:3.7 in 2011.
Biscuit and other bakery product manufacturers in China vary greatly in scale, with small enterprises accounting for the largest number of firms. Small-scale biscuit and other bakery products manufacturing relies on low capital, technology and larger amounts of employment... purchase to read more