Industry Analysis & Industry Trends
The Biscuit Production industry in China experienced rapid growth in the past five years with industry revenue increasing at an estimated annualized rate of 15.7% to 2014. Industry revenue is expected to reach $25.2 billion in 2014, up 9.5% from 2013. 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.
Consumption levels have been rising in recent years along with per capita income increases and changes in consumer behavior. The consumer spectrum has enlarged since 2000 and an increasing number of young people prefer biscuits and other bakery products as snacks.... purchase to read more
Industry Report - Industry Key Buyers Chapter
In 2014, the number of biscuit producer enterprises is about 910 and the number of biscuit producer establishments is about 9,500 in China. The industry concentration level is not high, but still remain growth, it is expected to increase as small factories or enterprises with simple equipment, low capital and low quality products are acquired by larger firms. The top four firms are expected to account for 16.7% of industry revenue in 2014.
The concentration ratio differs across regions and is higher in provinces in the East China and South China regions, where the main manufacturing facilities are located in provinces such as Henan, Shandong, Guangdong, Fujian, Hebei and Sichuan... purchase to read more