China Industry Panel

Transcript

1. China Baking Industry Panel Sponsor
   

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2. Mark Bendix
   President | Bimbo QSR
   JJ Wu
   CEO | Mankattan
   Hao Liang
   Chairman of the Board and General Manager
   Hanbao One Food Company
   

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3. 12.7%
   CAGR % (2012-2017)
    The Chinese market
   for baked goods has
   grown $12.8bn
   absolute gains in the
   last five years.
    China has had the
   largest baked goods
   market growth in Asia
   Pacific historically.
   $53.5bn
   Market size 2022
    The Chinese market
   will grow at a 13.3%
   CAGR from 2017-
   2022.
    This will lead to
   $24.7bn in absolute
   gains.
    China is projected to
   be come the second
   largest market in the
   world for baked
   goods.
   © Euromonitor International 3
   Pastries/Cakes
    Pastries are set to
   grow the fastest in
   the next five years.
    Sweet baked goods in
   cakes and pastries are
   worth almost three
   times more than
   bread products in
   China.
    These sweet treats
   are popular for gifts
   and holidays, leading
   to higher priced,
   premium products.
   Healthy
   Eating
    In the next five years,
   health conscious
   trends will continue
   to influence baked
   good categories.
    More consumers will
   be looking for
   functional, better for
   you baked good
   products.
   Pro-US
   Business
    China has made
   substantial
   improvements in
   recent years to
   encourage foreign
   investment.
    Distribution and
   logistics remain the
   largest challenge for
   international
   companies looking to
   work in China.
   Key Takeaways for Baked Goods in China
   

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4. COMPANY OVERVIEW
   M A R K B E N D I X
   P R E S I D E N T , B I M B O Q S R
   

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5. OUR PURPOSE
   

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6. Global Presence in 32 Countries
   Solid Leadership Position in Each Market
   

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7. Our Beloved Brands Across the World
   7
   

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8. Hot Dog Buns
   Hamburger
   Buns
   Hard Rolls
   Buns & Rolls are Our Core Competencies
   Pretzel Buns
   Soft Rolls
   Hawaiian Buns & Sliders
   Brioche Buns
   Endless Flavors, Toppings, Inclusions and Scoring Capabilities
   

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9. 195
   Plants
   Efficiency and Scale
   +137,000
   Associates
   Access to
   the highest
   technology
   Low cost
   per unit
   9
   Innovation &
   Nutrition
   Institutes
   

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10. The Foodservice Opportunity
    in China
    • China is the largest market for foodservice restaurants globally,
    with over 7.8 Million Outlets.
    • Expected CAGR of 11.5% from 2018–2023.
    • Over 85% of Chinese consumers dine out at least once a week,
    particularly in large friend groups and family.
    • Increased time-pressed schedules is resulting in higher demand for meal
    convenience.
    • Currency is becoming obsolete given the popularity of Alipay and WeChat
    mobile payment options.
    • Consumers are rapidly adopting operator technology –
    particularly mobile ordering & payment processing, and home
    delivery services.
    • The Foodservice Industry in China is working to overcome
    increasing operating costs as well as the consequences of Food
    Safety concerns.
    • High labor costs, healthcare [the fastest growing cost], rising ingredient costs
    and inflation are affecting rapid market growth.
    • The Labor inflation rate for the past five years averaged 8 - 10%.
    Sources: Technomic, Euromonitor & Mordor Intelligence.
    Bimbo QSR has 10 High-Speed Bakeries
    located throughout the Region to meet the
    Carrier needs of China’s Foodservice Market
    

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