Industry Analysis & Industry Trends
The Bakery Products and Bread Manufacturing industry has developed rapidly over the five years through 2011. In 2011, industry revenue is expected to total $7.45 billion, up 18.1% from 2010. This is slightly below the annualized growth rate of 26.7% over the five years through 2011. The high growth is due to substantial demand for bakery goods, which has grown by an annualized 26.7% over the past five years. In 2011, there is expected to be about 745 enterprises operating in this industry, employing 122,868 workers with a payroll of $496.5 million.
Despite weaker economic conditions in China since late 2008, demand for bread and bakery products remained steady and substantial.... purchase to read more
Industry Report - Industry Analysis Chapter
The industry has developed rapidly and steadily over the past five years. Revenue is expected to increase at an annualized rate of 26.6% over the five years through 2011, with an 18.1% increase to $7.45 billion in 2011. The rapid development has been driven by rising household income and consumption levels, which have increased demand for bread and bakery products; high levels of foreign investment and large numbers of foreign-funded enterprises that promoted technological improvements in the industry; strengthening government food regulations, which standardized operations and maintained consumer confidence in food safety; and consumer preferences for high-quality products, which increased product quality and prices... purchase to read more