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 21.4% to 2013. Industry revenue is expected to reach $24.3 billion in 2013, up 14.0% from 2012. 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 Investment Chapter
For every dollar spent on labor (including wages and management expenses), about 48 cents are invested in capital in the Biscuit Production industry in China. The industry requires more employment than capital, although large-scale enterprises need a lower proportion of employees and use higher levels of manufacturing equipment, packaging and advertising to produce their various biscuit products.
Biscuit producers in China vary greatly in scale, with small enterprises accounting for the largest number of firms. Small-scale biscuit producers rely on larger workforces. These small manufacturers have the advantage of low transportation costs and packaging as they usually only service particular towns and counties... purchase to read more