国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

Mondelez slims down after biscuit sector crumbles

By Wang Zhuoqiong (China Daily) Updated: 2015-09-02 09:12

Mondelez slims down after biscuit sector crumbles

"Mondelez is coping with changing aspirations of Chinese consumers. They are looking for healthier snacks with less sugar," Jason Yu, general manager of Kantar Worldpanel, said. "At the same time, Mondelez is also competing against local brands."

Last year, mushroom biscuits rolled out by a Chinese pharmaceutical company, Jiangzhong Group Co Ltd, caught them off guard, and the brand is still selling well.

"More local products are lining up to attack multinational consumer labels while focusing on a niche sector that is ignored by major market leaders", Yu said.

In an interview with China Daily earlier this year, Stephen Maher, president of Mondelez China, pointed out that one yuan in every four is spent on one of the company's brands in the biscuit sector.

Still, Mondelez China is confident that chewing gum will be a major revenue driver in the years ahead after introducing the new Trident label, which is aimed at middle-class family consumers.

Last year, the chewing gum market in China, the second-largest behind the United States, was worth 18.85 billion yuan ($3.03 billion), a research report released by Mintel Group Ltd, a market intelligence agency in the United Kingdom, highlighted.

Along with its 5.5 percent market share taken by Stride, Mondelez is expected to close the gap on dominant players such as Extra and Double Mint, owned by Confectionary China Ltd, part of Mars Inc.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
乃东县| 甘谷县| 松潘县| 永兴县| 隆昌县| 荣成市| 梅河口市| 芦溪县| 临汾市| 鄂温| 天门市| 砀山县| 日喀则市| 赤水市| 广丰县| 容城县| 得荣县| 肥乡县| 吉首市| 漠河县| 南江县| 西城区| 新乡市| 德阳市| 晋城| 昌乐县| 千阳县| 鹿泉市| 嘉祥县| 织金县| 靖宇县| 安远县| 泸定县| 高雄市| 临城县| 安远县| 大余县| 江津市| 平武县| 岐山县| 吴旗县|