Industry Analysis & Industry Trends
Over the past five years, the Biscuit Production industry in China experienced growth, with industry revenue increasing at an estimated annualized rate of 6.8% to total $29.3 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 SWOT Analysis Chapter
Industry value added is expected to increase at an annualized rate of 3.6% in the 10 years to 2021. This is lower than China's average GDP growth rate during the same period (about 6.5% per year).
Enterprise numbers are estimated to increase at an annualized rate of 2.1% over the five years to 2016. While there were new industry participants, many small operators closed down and increased mergers and acquisitions. The competitive landscape is still changing.
The overall technology level continues to enhance by imitation and self-innovation. Small-sized and medium-sized enterprises go to the wall. Mainly large biscuits manufacturers have stronger competitive power. Technology changes are expected to continue in this industry.
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