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What is the prospect of new Chinese cakes?
Per capita consumption is low, and there is huge room for market growth.

Baked foods are mainly divided into four categories: bread, cakes, cakes and mixed desserts, which have been used as breakfast and staple food in Europe and America. However, in the Asia-Pacific region, because people's living habits and eating styles are different from those in western countries for a long time, baked goods are usually eaten as snacks instead of meals. According to the statistics of the Baking Professional Committee of China Food Industry Association, the per capita consumption of baked goods in China was about 7.8kg in 20 19 years ... Although the per capita consumption of baked goods in China has increased year by year in recent years, there is still a big gap compared with countries such as Europe and America, and there is a big room for industry growth.

Baked cakes account for more than half of the subdivided products.

In the breakdown of baked goods in China, bread consumption accounts for 24%, cake consumption accounts for 18%, and cake consumption accounts for the largest proportion, accounting for 58%. Pastry has become the largest category of baked goods.

Baked food will make North Korea edible and healthy.

With the influence of foreign eating habits and the acceleration of urban life, more young people choose convenient and nutritious food, and fast and convenient western food has become people's first choice. At present, more than 1 1% of China people choose bread for breakfast, which is only lower than the number of consumers who choose to eat steamed stuffed buns. The domestic baking market is in the stage of rapid development, and the new baking products show the trend of breakfast, freshness and health.

-For more data, please refer to Foresight Industry Research Institute's Investment Forecast and Analysis Report on Brand Competition and Consumer Demand of Baked Food Industry in China.