The premium bakery market in China begins to trickle into lower-tier cities
China’s bakery sector has been expanding rapidly in recent years, underpinned by the country’s rising middle class, the ongoing Westernization of lifestyles and diets, and the increasing demand for convenient food. The baked goods market in China began to gain momentum in 1980 and boomed between 2000 and 2010. During this period, all kinds of foreign brands […]
French consultant gives insight into the developing Chinese bakery and pastry market: China Paradigm transcript #120 with Pierre Gilson
Matthieu David: The Chinese bakery and pastry market has changed so much over the last 10 years. It used to be that Paris Baguette, a Korean brand, was the biggest player. Now it is Starbucks. But they are facing strong, albeit much smaller, competition from the likes of Wagas and Baker & Spice. Today’s guest […]
The enzyme market in China partly driven by the boom of F&B and pharmaceuticals
In recent years, the scale of global enzyme market has been gradually increasing. The value of the enzyme market in China reached 35 billion RMB in 2020, increased from 24 billion RMB in 2014. China’s enzyme market is growing with the global trend and gaining competitiveness in the international market. After 50 years’ development, China […]
The Biscuit Market in China: Localizing flavors and nutrition to gain market share
China’s biscuit market has strong potential to develop especially for foreign brands. The total sales of the biscuit market in China is expected to exceed $11.8 billion US by 2023. Though the market is small compared to the west, it is one of the fastest growing snack segments in China. To enter the biscuit market […]
The development of the margarine B2C and B2B market: Are Chinese consumers ready for margarine? | Daxue Consulting
The market demand for margarine in China is steadily increasing with a 4-year CAGR of 21.83% in 2017 and a 1.5-million-ton demand. When looking at the baking oil and fats industry, which includes butter, margarine, olive oil, cream and all other types of oil or fats used in industrial baking and home baking consumption, the […]
Market research: Flour market in China
Market research: Flour market in China Chinese culture, particularly Chinese traditional cuisine, implies active use of flour; Chinese noodles, bakery and even some of the main meals contain flour as one of the main ingredients. The flour market in China is supposed to be the largest in the worlds grinding more than 115 million tons […]