Market Research Report
China Biscuit Market By Product Type, By Distribution Channel (Online, Offline, By Region, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||941943|
|Published||Content info||75 Pages
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|China Biscuit Market By Product Type, By Distribution Channel (Online, Offline, By Region, Forecast & Opportunities, 2025|
|Published: June 1, 2020||Content info: 75 Pages||
China Biscuit Market By Product Type (Plain Biscuit, Cookies, Sandwiched Biscuit, Crackers and Crispbreads, Others), By Distribution Channel (Online, Offline (Hypermarkets/ Supermarkets, Convenience Stores, Independent Small Grocers & Others), By Region, Forecast & Opportunities, 2025.
China biscuit market is anticipated to undergo substantial growth during the next five years owing to increased consumption of bakery & cereals and rising number of health-conscious consumers. The growing number of working populations are further aiding to the high demand for bakery goods like biscuits. The manufacturers are also coming up with variety of flavours which is further accelerating the market growth.
Biscuits are a great source to boost energy and satisfy hunger. The convenience offered by these bakery goods are attracting Chinese consumers. Moreover, awareness regarding the consumption of a balanced and healthy diet coupled with increasing demand from almost all the sections of the population from a child to senior citizens is leading to huge growth of biscuit market in China. Chinese people are inclined towards both savoury as well as sweet biscuits. Premiumization is the focus of biscuit manufacturers in the country as consumers are willing to pay more for freshly baked biscuits. The changing lifestyle with more western influence is also poised to aid the biscuit market growth in China during the forecast period.
China biscuit market is 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. The market is witnessing high growth of crackers and crisp breads as most of the Chinese people are inclined towards it. Also, the increasing awareness towards health and fitness is making consumers buy crackers and crispbreads which are mostly made of natural and healthy ingredients.
Based on distribution channel, China biscuit market is segmented into offline and online channels. The offline channel is further categorized into hypermarkets/ supermarkets, convenience stores, independent small grocers and others. The offline channel dominated the Chinese biscuit market in terms of revenue in 2019. However, the increasing growth of e-commerce sites with increasing internet penetration is expected to make offline channel undergo the fastest growth during the forecast period.
Some of the 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, among others. With entry of international biscuit brands, the market has become highly competitive. Manufacturers are focusing on new and distinctive flavors of biscuits. They are also including more healthy grains as ingredients keeping in mind the growing requirements of health conscious population.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of biscuit manufacturers and suppliers in China Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major biscuit suppliers across the country.
TechSci Research calculated the market size for the China biscuit market using a bottom-up approach, where manufacturers' value sales data for different types of biscuits was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as all China biscuit manufacturers, association, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as biscuit manufacturers, distributors, dealers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.
In this report, China biscuit market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Crackers and Crispbreads
Company Profiles: Detailed analysis of the major companies present in China biscuit market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Profit Margin Analysis