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 Analysis Chapter
During the past five years, the Biscuit Production industry in China has undergone significant change and performed quite strongly. High levels of foreign investment and greater numbers of joint ventures with foreign firms have led to solid growth in technological investment and higher output levels. In the five years to 2014, industry revenue increased from $12.2 billion to an estimated $25.2 billion, with annualized increases of 15.7%.
Over 2008, industry revenue grew 36.5% as domestic demand and output continued to increase strongly, and pricing levels remained relatively stable... purchase to read more