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
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