Industry Analysis & Industry Trends
Over the past five years, the Biscuit Production industry in China experienced rapid growth, with industry revenue increasing at an estimated annualized rate of 12.8% to total $27.4 billion. 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 grown 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 operators have led to solid growth in technological investment and higher output levels. In the five years to 2015, industry revenue increased from $15.1 billion to an estimated $27.4 billion, with annualized average increases of 12.8%.
In 2010, biscuit output increased strongly, rising 35.3%. Industry revenue amounted to $15.1 billion, up 23.5% from 2009 due to stable domestic demand and recovering foreign markets. In 2011, industry revenue surged by 26.7% to total $19.1 billion, while biscuit output increased to an estimated 5.3 million tons... purchase to read more