Shanghai International Bakery &Shop Exhibition 2020
China is currently the world’s largest producer and consumer of bakery and is the world’s fastest-growing market as well. With the continuous improvement of the living standards of Chinese consumers, bakery industry has become a new choice for fashion and leisure diets advocated by young consumers, which has a huge market development space. The data shows that China currently has more than 100,000 bakery shops. In 2018, the total retail sales of China’s bakery industry has reached 203.3 billion yuan with a growth rate of more than 10%. It is estimated that the sales revenue of China's bakery food industry is expected to exceed 360 billion yuan by 2022. In the face of increasing consumer demand, more and more international bakery companies are attracted to China to further explore and share China's huge consumer market, as well ad also promote the rapid development of Chinese brand bakery franchise .
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