Industry news

In the future, the bakery industry will continue to show a sustained growth trend, the expected annual growth rate of 11.6% revenue to 2016 will reach 12.91 billion US dollars. This growth can be attributed to an increase in household disposable income, an increase in demand for bread and other baked goods. But as the market continues to mature, its growth rate will show a slow growth trend.

In China, baking enterprises in the food processing industry occupies an important position, and in the past few years has been rapid development. Baking the field of baking to mass production and hand-made combination of the main features. Cakes, a traditional food is often regarded as a food festival, and culture and etiquette close contact, innovative technology and ideas to make its production methods have been greatly developed.

In the future, the bakery industry will continue to show a sustained growth trend, the expected annual growth rate of 11.6% revenue to 2016 will reach 12.91 billion US dollars. This growth can be attributed to an increase in household disposable income, an increase in demand for bread and other baked goods. But as the market continues to mature, its growth rate will show a slow growth trend. Fierce competition will lead to product prices decline, is expected to 2016 sales growth rate of only 8.4%.

Faced with this trend, although the baking industry is about to usher in the future glory, but compared with foreign enterprises there is still a big gap. To this end, the scale of the enterprise must take the lead to the direction of this high-end products, strive for the current one-third of the domestic procurement of baking machinery products abroad to enhance the domestic baking machinery industry level and competitiveness.