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 Products Chapter
In 2014, total revenue of the Biscuit Production industry in China is expected to total $25.2 billion, of which 21.0% will be generated from sandwich biscuits, about 19.0% from sweet cake biscuits, 15.5% from pressed cookies, 14.5% from soda biscuits, 13.0% from potato chips, 9.0% from drop cookies, and 8.0% from other biscuit types.
Overall biscuit consumption has increased in recent years in line and new biscuit types continue to appear in the market. Some nutritious and health products have emerged, such as oatmeal, nuts, fruits, low-fat and low-sugar. These types of biscuits account for a higher proportion of industry revenue, and are expected to increase their market share in future years... purchase to read more