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Biscuit Production in China Industry Data and Analysis
The Biscuit Production industry in China has developed steadily over the past five years. The industry revenue is expected to increase at an annualized 4.4% over the five years through 2024. In 2024, as the demand for high-end products continues to grow, industry revenue is expected to increase by 3.9% from 2023. 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.Consumption levels have been rising in recent years, along with per capita income increases and changes in consumer behavior. The consumer spectrum has grown and an increasing number of young people prefer biscuits and other bakery products as snacks. The relative proportion of children in the total market, previously the main consumer group, has slightly decreased as parents have become more aware of the health issues associated with excess biscuit and sugar consumption.Consumer preferences for higher quality products and greater variety in product types have supported the development of the medium- and high-end biscuit segments. Although China's total biscuit demand is high due to its large population, per capita consumption is low, at about only one kilogram per year, compared with 25 to 35 kilograms per year in developed countries. This shows that the market has strong and significant potential for substantial future growth.ACMR-IBISWorld forecasts that the industry revenue will grow at an annualized 2.9% over the five years through 2029. Over the period, anticipated changes in the industry include growing demand for higher-quality products; greater industry and pricing competition; improvements in production technologies; and increases in market share concentration.
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What's included in this industry analysis
IBISWorld's research coverage on the Biscuit Production industry in China includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released November 2024.
About this industry
What's this industry report about?
The Biscuit Production industry in China operates under the industry code 1419. 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. Related terms covered in the Biscuit Production industry in China include soda biscuits and potato chips.
What's included in this industry?
Products and services covered in Biscuit Production industry in China include Baked biscuits, Sandwich biscuits and Pressed cookies.
What companies are included in this industry?
Companies covered in the Biscuit Production industry in China include Mondelez (China) Co., Ltd., Want Want China Holdings Limited and Dali Foods Group Company Limited.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Biscuit Production industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Biscuit Production industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Biscuit Production industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Biscuit Production industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Biscuit Production industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Biscuit Production industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Biscuit Production industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Biscuit Production industry in China.
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Frequently Asked Questions
What is the market size of the Biscuit Production industry in China in 2026?
The market size of the Biscuit Production industry in China is $52.5bn in 2026.
How many businesses are there in the Biscuit Production industry in China in 2024?
There are 1,638 businesses in the Biscuit Production industry in China, which has grown at a CAGR of 2.0 % between 2019 and 2024.
How may import tariffs affect the Biscuit Production industry in China?
The Biscuit Production industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Biscuit Production industry in China?
The Biscuit Production industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Biscuit Production industry in China grown or declined over the past 5 years?
The market size of the Biscuit Production industry in China has been growing at a CAGR of 4.4 % between 2019 and 2024.
What is the forecast growth of the Biscuit Production industry in China over the next 5 years?
Over the next five years, the Biscuit Production industry in China is expected to grow.
What are the biggest companies in the Biscuit Production industry in China?
The biggest companies operating in the Biscuit Production industry in China are Mondelez (China) Co., Ltd., Want Want China Holdings Limited and Dali Foods Group Company Limited
What does the Biscuit Production industry in China include?
Baked biscuits and Sandwich biscuits are part of the Biscuit Production industry in China.
Which companies have the highest market share in the Biscuit Production industry in China?
The company holding the most market share in the Biscuit Production industry in China is Mondelez (China) Co., Ltd..
How competitive is the Biscuit Production industry in China?
The level of competition is moderate and increasing in the Biscuit Production industry in China.
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