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Present situation and development prospect of baking industry
The industry has been developing in China for a short time, but it has maintained overall growth in recent years, with broad prospects in the future.

In 2022, the output of baked goods in China was about19,565,500 tons, a year-on-year increase of 6%; Consumption is about195.67 million tons, up 6.1%year-on-year; The market size of the industry was about 628.69 billion yuan, up 7.4% year-on-year.

With the growth of China's per capita consumption level, the adjustment of catering consumption structure and the acceleration of life rhythm, people's acceptance of baked goods is rising and their demand is becoming more and more diversified. The change of consumers' eating habits makes baked goods gradually become the mainstream dietary choice of consumers, which further promotes the development of baking industry in China.