The Biscuit Production industry in China was growing from 2017 to 2019. However, due to the outbreak of COVID-19 in China, industry revenue declined by 3.2% in 2020. Industry revenue is expected to increase at an annualized 1.7% over the five years through 2022, to total $35.4 billion. In 2022, as the demand for high-end products continues to grow, industry revenue is expected to increase by 3.1% from 2021. Industry growth has been 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.
The Biscuit Production industry in China uses flour (or rice powder), sugar, oil, milk, eggs and other raw materials to produce a variety of small flat sweet biscuits, soda biscuits, salty cakes, cookies, potato chips and other bakery products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Want Want China Holdings Limited
- Fujian Dali Group
- Liwayway (China) Co. Ltd.
- Mondelez China
- Orion China
Methodology
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