PRTODAY / NewswireToday Free press release distribution service network

More news: Food/Culinary
Written by / Agency / Source: ResearchInChina

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ResearchinChina.com Publishes China Snack Food 2010-2013 Industry Report - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report – China Snack Food Industry Report, 2010-2013
ResearchinChina.com Publishes China Snack Food 2010-2013 Industry Report

 

NewswireToday - /newswire/ - Beijing, China, 2012/06/07 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report – China Snack Food Industry Report, 2010-2013.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Food/Culinary Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

2005-2010, the snack food industry of China presented a CAGR of 16.9% for sales, with the revenue in 2010 hitting RMB503.57 billion. As the residents’ demand increases, the earnings from Chinese snack food industry between 2011 and 2013 is expected to grow at a rate of around 17%.

China snack food industry involves seven sub-sectors. By operating revenue, biscuit and other baked food sector ranks the highest, with the revenue in 2010 soaring 44.6% year-on-year to RMB80.7 billion; while the roasted seeds and nuts sector makes revenue RMB37.3 billion, less than other sectors, but it is expected to see substantial prospect. In the future, the robust demand for roasted seeds and nuts products in small- and medium-sized cities and villages will be new growth engine and it will grow at a rate of roughly 16% during 2011-2013.

Compared to the stable development of biscuit and roasted seeds & nuts industries, candy & chocolate industry has seen unrest in development, presenting dramatic change in market pattern.

In February 2010, Kraft took over Britain-based candy tycoon Cadbury following its acquisition on Danone’s biscuit business in July 2007. Afterwards, Kraft launched varieties of new products in China through Cadbury’s production lines, in a bid to seize more market occupancy of candy products.

On December 6th, 2011, Nestle gained approval to take over 60% stake of Hsu Fu Chi International Ltd, marking the second acquisition move for the company to buy local food company shortly after being approved to take over 60% stake of Xiamen-based Yinlu in September. Hsu Fu Chi International Ltd is mainly engaged in the production of candies, sachima, etc, with the operating revenue and net income hitting RMB4.31 billion and RMB600 million in 2010, a respective YoY rise of 14% and 31%. And the market occupancy of Hsu Fu Chi International Ltd in China realizes 6.6%, ranking the first place. The acquisition will help Nestle greatly enhance its strength to compete with Kraft in the candy market of China.

The report conducted by ResearchInChina highlights the followings:

• development environment, industry scale and development tendency of China snack food industry;
• development, operating revenue and profit of China snack food industry and industry segments;
• development of nine key companies in China snack food industry, including overall operation, capacity, output and development strategy;
• forecast of snack food industry segments, development prospects of key players, overall development tendency of the industry to 2013.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Food/Culinary Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ResearchInChina

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Food/Culinary articles,
CATCH Visitors via Your Competitors Announcements!


ResearchinChina.com Publishes China Snack Food 2010-2013 Industry Report

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: ResearchinChina.com 
+86 10 82600893 report[.]researchinchina.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ResearchInChina securities in any jurisdiction including any other companies listed or named in this release.

Food/Culinary via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ResearchInChina / Company Profile


Read Food/Culinary Most Recent Related Newswires:

DSM Presents its Latest Innovations At EuroTier 2016
Barry Callebaut Group Announces Expansion Plans for U.S. West Coast Facility
Barry Callebaut Expands Chocolate Manufacturing Facility in Singapore
Barry Callebaut Celebrates Grand Opening of its First Chocolate Factory in Indonesia
Frost & Sullivan Recognizes Quintiq as A Leader in Supply Chain for the Food & Beverage Industry
Barry Callebaut and Prova to Launch Joint Project Empowering Vanilla Farmers
Barry Callebaut Joins the 25 Most Sustainable Listed Companies in Switzerland
Barry Callebaut to Extend Strategic Supply Partnership with Mondelēz International in Belgium
Australian Native Food Harvest - A Guide for the Passionate Cook and Gardener Published
Barry Callebaut, IFC, and the IDH Partner to Provide Credit for ‘Productivity Packages’ to Farmers and Co-operatives
Barry Callebaut Opens New, Relocated CALLEBAUT® CHOCOLATE ACADEMY Center in Mumbai
Barry Callebaut and Tony’s Chocolonely Sign Strategic Partnership Agreement to Produce Chocolate from Fully Traceable Sustainable Cocoa
DSM Launches New Cultures for Low-fat Cheese
Barry Callebaut Group Enhances Efforts for Signature Cocoa Horizons Sustainability Programme in Ghana
Mya Zeronis Publishes Eat Slowly, Move Fast: 98-Pound Chef's Cookbook

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)