Biscuit Market is Expected to Undergo a Significant Growth in Coming Years
Increasing inclination of Chinese consumers towards no
additives, healthier biscuits and thriving e-commerce industry are acting as
key growth driver for China Biscuit market.
According
to TechSci Research report, “China Biscuit Market By Type (Skin care,
Hair Care, Bath & Shower products, Makeup & Color Biscuit, Fragrances
& Deodorants), By Demography (Men, Women), By Distribution Channel (Offline
(Supermarkets/Hypermarkets, Exclusive Retail Stores, Beauty Parlours/Salon,
Multi Branded Retail Stores), Online), By Region, Forecast & Opportunities,
2025”, the market is expected to undergo
a substantial growth during the forecast period owing to rising demand for no
additive, healthier biscuits among Chinese consumers coupled with increasing
penetration of variety of biscuits in the market. Moreover, growing number of
working population is also leading to high demand for convenient snack items
like biscuits. Apart from this, rising per capita disposable income, thriving
FMCG industry and increasing number of bakeries in the country are some other
key factors propelling the growth of China biscuit market. Also, availability
of biscuits in attractive and convenient packaging is attracting new consumers.
Additionally, growing awareness pertaining to the
consumption of a balanced and healthy diet along with increasing demand for
biscuits from almost all sections of the population, from a child to senior
citizens are augmenting the growth this market. Also, changing lifestyle with
more western influence is another factor leading to increased consumption of
biscuits in China. Furthermore, manufactures are focusing on using clean and high nutrient
ingredients to meet the growing demand from health conscious consumers. Nuts,
dairy and coarse grains form the most highly used ingredients used for biscuits
in China. With thriving e-commerce industry and entry of various foreign
biscuit brands in the market, China biscuit market is poised to grow
significantly in the next five years.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on"China Biscuit Market"
https://www.techsciresearch.com/report/china-biscuit-market/1554.html
China
biscuit market can be segmented based on type, distribution channel and region.
Based on type, the market is segmented into plain biscuit, cookies, sandwiched
biscuit, crackers and crispbreads and others. Among them, crackers and crisp
breads are expected to witness high demand during the forecast period. The
reasons can be attributed to increasing consumer awareness towards health and
fitness which is making them buy crackers and crispbreads as they are mostly
made of natural and healthy ingredients.
Based
on distribution channel, China biscuit market can be segmented into offline and
online channels. The offline channel is further categorized into hypermarkets/
supermarkets, convenience stores, independent small grocers and others. Among
the two distribution channels, the online segment is expected to undergo
highest CAGR during the forecast period owing to increasing growth of
e-commerce sites and growing internet penetration in the country.
Major players operating in the China biscuit
market are Mondelez China, Orion China, Want Want China Holdings Limited,
Fujian Dali Group, Liwayway (China) Co., Ltd., Danisa, Jiangzhong
Pharmaceutical Co. Ltd (Hougu biscuits), Silang Co. Ltd and Huamei. Key growth
strategies being adopted by leading companies are product innovation,
collaborations, partnerships and mergers & acquisitions.
Download
Sample Report @
https://www.techsciresearch.com/sample-report.aspx?cid=1554
Customers
can also request for 10% free customization on this report.
“Improvement
in production technologies is serving as a key aspect for China biscuit market
growth. The country is witnessing demand for both savory and sweet biscuits.
With the burgeoning number of convenience stores in China, the demand for
packaged food like biscuits is relatively
high. Biscuit manufacturers are now focusing on reducing sugar, fat and
artificial additive content from their products,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based China management consulting firm.
“China Biscuit Market By Type (Skin care, Hair Care,
Bath & Shower products, Makeup & Color Biscuit, Fragrances &
Deodorants), By Demography (Men, Women), By Distribution Channel (Offline
(Supermarkets/Hypermarkets, Exclusive Retail Stores, Beauty Parlours/Salon,
Multi Branded Retail Stores), Online), By Region, Forecast & Opportunities,
2025” has evaluated
the future growth potential of biscuit market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities in China
biscuit market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]