Baked Foods & Cereals Market in China

China is one of the largest baked foods & cereals market globally with retail sales reaching USD 59.9 billion by 2023. Rising disposable income and urbanisation which has changed consumer tastes are primarily driving the market. The baked foods & cereals market in China is driven mainly by the sale of cakes and pastries, the sale of which crossed 2,855 million Kg in 2017. Pastries & Sweet Pies which is the largest segment in China bakery products, continue to dominate the sale during the forecast period. Consumers love for pastries, and increased demand for Western-style baked food have fueled the morning goods market. A large part of the young population adopting the western lifestyle are the primary consumer for the baked food market. Baked food products manufactured outside China are viewed as premium products which have primarily driven the sales of Baguettes, Croissants, Pain Au Chocolate, and Muffins. Morning goods are witnessing the fastest CAGR of 10.1% during the forecast period. Consumption of biscuits is higher in China as compared to bread, which is primarily driven by Sweet biscuit sales. Specialist retailer and supermarkets together account for more than 70% share in the baked food sales. However, Convenience stores witnessed the fastest growth rate during 2012-2017.

KEY FINDINGS

Our Key Findings On The Baked Foods & Cereals Market in China

The Sandwich Slices segment is expected to offer tough competition to the Burger Buns segment by 2023, moving at a faster rate

The Toast Thins segment is expected to offer a tight competition to the Bread Sticks segment’s retail sales during the forecast period

Sweet Biscuits sales through Online Retail witnessed a CAGR of 5.2% during 2010-2017

The Pastries & Sweet Pies segment is expected to offer tight competition to the Cakes segment’s retail sales during the forecast period

Variety Stores account for the smallest share in the distribution after Online Retail

Convenience stores remain one of the key distribution channels for the Crackers & Savoury Biscuits Market

Departmental Stores account for a small share in the Sweet Biscuits market, after Online Retail

WHAT THE IC OFFERS

The Intelligence Center at a Glance

Dynamic Data points based on wide variety of parameters to choose from: Value & Volume Sales, Price per Capita Consumption, Price per Capita Expenditure, and Price

Value Sales data can be consumed in USD, Euro, and the Local Currency Unit for each of the countries covered

The ability to analyse the impact of Economic Indicators such as, GDP, Inflation, Population, and Food Inflation, on the market each year

Quarterly updates of all data points in the Intelligence Center. Prominent changes factored in real-time

Compare data from 9 distribution channels across the Industry

Coverage of the Baked Foods & Cereals Market In China

China Breads Market

China Baguettes Market

China Burger Buns Market

China Ciabatta Market

China Frozen Breads Market

China Loaves Market

China Other Breads Market

China Rolls Market

China Sandwich Slices Market

China Breakfast Cereals Market

China Hot Cereals Market

China Ready to eat Cereals Market

China Ready to eat Cereals Market

China Ready to eat Cereals Market

China Ready to eat Cereals Market

China Cakes, Pastries & Sweet Pies

China Cakes Market

China Pastries & Sweet Pies Market

China Crackers & Savory Biscuits Market Market

China Bread Substitutes Market Market

China Bread Substitutes Market

China Bread Substitutes Market

China Bread Substitutes Market

China Cheese-flavored Crackers Market

China Other Crackers Market

China Plain Crackers Market

China Morning Goods Market

China Croissants Market

China Crumpets Market

China Donuts Market

China Frozen Morning Goods Market

China Madeleines Market

China Muffins Market

China Other Morning Goods Market

China Pain Au Chocolate Market

China Pain Au Raisin Market

China Pancakes Market

China Scones Market

China Toaster Pastries Market

China Waffles Market

China Sweet Biscuits Market

China Chocolate Coated Biscuits Market

China Cookies Market

China Filled Biscuits Market

China Other Sweet Biscuits Market

China Plain Biscuits Market

China Sandwich Biscuits Market