China Biscuit Market – Opportunities & Forecast, 2020-2027

 

The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.

Top Companies of the China Biscuit Market:

·         Mondelez International, Inc.

·         Fujian Dali Group

·         Orion Food Co. Ltd

·         Liwayway Holdings Company Limited

·         Nestle China Ltd

·         Kellogg Company

·         Jinan Dali Food Co Ltd

·         Yildiz Holdings

·         Bright Food (Group) Co. Ltd

·         PepsiCo Food (China) Co Ltd

·         Want Want China Holdings Limited

·         Luohe Hengda Co Ltd

Drivers of the China Biscuit Market:

The major factors boosting the growth of china biscuit market include rapid urbanization, coupled with the rising consumption of bakery and cereals among consumers. Furthermore, the growing number of health-conscious consumers and the rising working population will further boost the demand for biscuits in the forecast period. Rising awareness associated with the consumption pattern of a balanced and healthy diet due to the hectic lifestyle of consumers and the growing consumer demand for natural and non-GMO products will further propel the growth of the china biscuit market.

The growing disposable income, followed by the rising demand for processed food among people, will boost the market growth during the forecast period. Increasing adoption of western culture and the availability of various flavors in biscuits such as sweet biscuits will accelerate the China biscuit market. In addition to this, companies are widely investing in the development of new flavors to cater to the rising demand of consumers. For example, the COVID-19 pandemic outbreak has considerably upsurged the demand for healthy and convenient food items. On the other hand, high competition among manufacturing companies will hamper the china biscuit market.

Segmentation of the China Biscuit Market:

By Product Type:

·         Plain Biscuit

·         Cookies

·         Sandwiched Biscuits

·          Crackers and Crispbreads

·         Others

By Distribution Channel:

·         Supermarket

·         Convenience Stores

·         Online

·         Others  

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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