Top

Market Focus: Trends and Developments in the Confectionery Sector in China

Category : Food & Beverages  | Published Date : Sept-2013 | Pages : 24
enquire
Synopsis
This report provides a concise overview of the Confectionery market in China. After reading this report, you will understand the size of the market, the economic, demographic, and behavioral trends that will drive evolution, and the leading players companies within the market, allowing you to plan effectively for the future.
Scope
Analysis of consumer behavior, economic conditions, and demography reveals emerging opportunities in the Confectionery sector. Key growth categories are highlighted by analyzing the market dynamics of three Confectionery categories: Chocolate, Gum, and Sugar Confectionery. Market shares are provided for the leading brands across the Chocolate, Gum and Sugar Confectionery categories. An overview of packaging trends in the Chinese Confectionery sector is provided, including primary packaging material and type, packaging closures, and outer packaging. Key future trends are highlighted and analysed in order to identify opportunities and threats in the Confectionery sector.
Summary
Why was the report written? This overview of the consumer and market dynamics of the Chinese Confectionery sector allows new entrants and established players companies to gain rapid and comprehensive insight into the current state of the market and identify the key trends which that will drive growth in the coming years. What is the current market landscape and what is changing? Steady economic growth across the last decade period 2000-2010 has resulted in rise in the disposable income, thus increasing the purchasing power of the consumer. Chinese GDP per capita has risen steadily across the years while population growth has stabilized. However an increase in consumption is a positive factor resulting due to higher disposable income. What are the key drivers behind recent market changes? As the Chinese consumers grow better off, they are becoming more selective and will seek out quality chocolate. The quality and taste of Chocolate has become the primary motivation for consumers in China. The qualitative benefits of Dark Chocolate with its rich taste and low sugar and fat content has helped Chocolate increase its sales in China. What makes this report unique and essential to read? The report provides the latest, detailed data on dynamics in the Chinese Confectionery market, providing marketers with the essential data to understand their own, and their competitors’, position in the market and the information to accurately identify where to compete in the future.
Reasons To Buy
As the Chinese consumers grow better off, they are becoming more selective and will seek out quality chocolate. The quality and taste of Chocolate has become the primary motivation for consumers in China. The qualitative benefits of Dark Chocolate with its rich taste and low sugar and fat content has helped Chocolate increase its sales in China. Moreover consumers feel that vitamins, nuts and herbal ingredients within products can help meet their nutritional and energy demands. High purity, diverse taste and hundred percent chocolate varieties are still a favorite choice among high-end consumers. Increasingly young and urban-based consumers will continue to seek out fun products and those that help them relax, leading to the growth of confectionery products in the country. China has a dynamic and competitive Confectionery market, with less emphasis on seasonal differences in Confectionery consumption. This means that consumers have transformed from purely seeking product functionality to pursuing fun and enjoyment brought by the product. The importance of Hypermarkets & Supermarkets and Convenience stores is likely to increase as China’s growing young and urban population drive the expansion of modern retail chains in the country. Chinese consumers are seeking products that meet needs they see as being created by their age. Confectionery is seen as a good vehicle for functional ingredients, as such functional gums, vitamin-enriched candies and low-sugar confectionery are one of the key growth drivers of confectionery in China. Xylitol is a popular ingredient for chewing gums, while vitamins can be used in fortified sugar confectionery.
Country Context 
•       China’s one third of population is less than 25 years of age comprising of Kids, Teens and Early Young Adults.
•       Food & Grocery sales are concentrated in national chains
•       Hypermarkets & Supermarkets will account for the largest share of sales in the Chinese Confectionery market.
Increasingly urban and busy consumers are looking for convenience
Consumer Overview
•       Women form majority of Confectionery consumption in China in terms of volume.
•       Chinese consumers can be classified as ‘Heavy Consumption’ Consumers.
•       Chinese Consumers purchase of Confectionery is primarily influenced by Quality Seeking trend, which drives them to purchase quality Confectioneries.
•       Better Quality and Fun & Enjoyment drive consumption in the Chinese Confectionery sector.
Personal Space & Time with Changing Age Structures – key to growth in China Confectionery.
Sector Analysis
•       The Chinese Confectionery market will register strong growth driven by its booming and a stable economy.
•       The Gum and Chocolate Confectionery sectors will drive growth.
•       The market share of Chocolate will increase when compared to Sugar Confectionery & Gum.
•       Chocolate showing promising growth in China compared to Gum and Sugar Confectionery.
•       Changing Age Structures and Life stages has limited the growth of Sugar Confectionery in China.
Brands & Private Labels
•       Chinese consumers continue to buy branded Confectionery products with the scare of food safety reasons.
•       Private Label intensifies competition in low price sugar confectionery segments
•       Key brands by category.
Packaging Insights
•       Growing demand for Gum Confectionery will drive the growth for Rigid Plastic Blister Packs
Rising consumption of Sugar Confectionery will drive changes in packaging demand by 2017.
Future outlook – key trends in China’s Confectionery sector
•       Sugar-Free Label attracts Consumer attention.
•       Pursuit of higher quality and better packaging.
•       Low-Cost Value Products
Experience Seeking
Data Appendix & Summary MethodologyList of TablesNAList Of FiguresNA
...
Publisher Name : Canadean

SIMILAR MARKET STUDIES

Please Select Format
Single User: US $ 1280
Multi User: US $ 2560
Corporate User: US $ 3840

NEED MORE INFORMATION
Contact us
Call us +1-971-202-1575
--- or ---
help@bigmarketresearch.com
WHY BIG MARKET RESEARCH
With high quality and penned to perfection, Big Market Research is an exclusive online market to get best market research reports for your business needs and strategies. We recommend you to stop browsing as soon as you discover our website. This is because we firmly believe that once you reach here; all your business concerns will be addressed.

We have a huge collection of market research report from numerous filed which will provide you with all the necessary solution. We make sure that reports that we sell are true in context, have a quality that is unrivaled, fully integrated with equal spread of opinion. They will give you proper insights into different opportunities one may locate for their start-up pr expansion.

Let your qualms and concern be sidelined through our high end syndicated as well as customized reports.
Top