Foreign chocolate brands such as Dove, Cadbury and Hershey’s have now captured about 70% of the Chinese chocolate market. As Barry Callebaut, the world’s largest chocolate manufacturer with 25% of the global market, recently opened its first chocolate factory in China in Suzhou City, the top 20 chocolate companies in the world have now all entered the Chinese market.

Second largest chocolate market

Industry insiders suggested that this would be a blow to local Chinese chocolate companies in this globalized competition. The world’s top 20 chocolate companies have all entered China, and there are more than 70 imported or JV chocolate brands in today’s Chinese market.

In fact, even before the arrival of Barry Callebaut, China’s local chocolate companies had already been losing market shares to multinational competitors.

Local companies not in the local market

Although the rapidly growing Chinese chocolate market is good news for its local chocolate companies, Chinese consumers today are frequently referring to foreign brands such as Dove, Cadbury, Hershey’s and Ferrero but seldom mentioning local brands.

Furthermore, most Chinese chocolate companies are weak in product R;D, resulting in slow product changes and updates.

The above industry issues have costed local companies’ opportunities to participate in the competition for the Chinese chocolate market.

As Barry Callebaut finally entered the Chinese market, its Suzhou factory will make chocolate production even cheaper for multinational brands. The vast potential of China’s chocolate market is not only for foreign brands, but is also laid in front of local chocolate producers.

China’s Chocolate Market Dominated by Foreign Brands

Shanghai MuseumThe Shanghai museum houses over 120,000 Chinese art pieces and archeological findings.

Foreign chocolate brands such as Dove, Cadbury and Hershey’s have now captured about 70% of the Chinese chocolate market. As Barry Callebaut, the world’s largest chocolate manufacturer with 25% of the global market, recently opened its first chocolate factory in China in Suzhou City, the top 20 chocolate companies in the world have now all entered the Chinese market.

Second largest chocolate market

Industry insiders suggested that this would be a blow to local Chinese chocolate companies in this globalized competition. The world’s top 20 chocolate companies have all entered China, and there are more than 70 imported or JV chocolate brands in today’s Chinese market.

Local companies not in the local market

The above industry issues have costed local companies’ opportunities to participate in the competition for the Chinese chocolate market.

China’s Chocolate Market Dominated by Foreign Brands

China’s thousands of domestic companies account for 70% of the market, and the top 10 companies about 20%, according to Business China.

Global Pharmaceutical Industry Introduction 5 Industry Definition 5 Market Overview 5 Market Forecast 8

China’s Pharmaceutical Industry 9 Industry Definition 9 Industry Overview 9 Industry Segmentation 10 Competitive Scenario 10 Growth Factors Affecting the Industry 12 Issues Facing the Industry 13

Analysis of China’s OTC Pharmaceutical Market 15 Market Definition 15 Market Overview 15 Market Segments 15 Competitive Scenario 16 Sector Forecast 18

Analysis of China’s Generics Market 19 Market Definition 19 Market Overview 19 Market Segments 19 Competitive Scenario 20 Sector Forecast 21

Outlook of Chinese Pharmaceutical Industry 44

Figure 1: Drug Market Trends (1998-2008) 44 Figure 2: Healthcare Expenditure Trends (1998-2007) 55 Figure 3: National Income ; Drug Market Expenditure 56 Figure 4: OTC and Hospital Sourced Drug Market Trends, $bn (1998-2008) 56 Figure 5: Generics Market Trends (1998-2008) 57

Table 1: China OTC Pharmaceuticals Market Segmentation – Value, 2007 15 Table 2: China OTC Pharmaceuticals Market Segmentation on a Global Scenario – Value, 200716 Table 3: China OTC Pharmaceuticals Forecast in U.S.$ 18 Table 4: China Generics Market Segmentation – Value, 2006 19 Table 5: China Generics Market Segmentation on a Global Scenario – Value, 2006 20 Table 6: China Generics Market Value Forecast in U.S.$ 22 Table 7: China Drug Market Indicators 55 Table 8: Health Expenditure Indicators 55

Foreign chocolate brands such as Dove, Cadbury and Hershey’s have now captured about 70% of the Chinese chocolate market. As Barry Callebaut, the world’s largest chocolate manufacturer with 25% of the global market, recently opened its first chocolate factory in China in Suzhou City, the top 20 chocolate companies in the world have now all entered the Chinese market.

Second largest chocolate market

Industry insiders suggested that this would be a blow to local Chinese chocolate companies in this globalized competition. The world’s top 20 chocolate companies have all entered China, and there are more than 70 imported or JV chocolate brands in today’s Chinese market.

In fact, even before the arrival of Barry Callebaut, China’s local chocolate companies had already been losing market shares to multinational competitors.

Local companies not in the local market

Although the rapidly growing Chinese chocolate market is good news for its local chocolate companies, Chinese consumers today are frequently referring to foreign brands such as Dove, Cadbury, Hershey’s and Ferrero but seldom mentioning local brands.

Furthermore, most Chinese chocolate companies are weak in product R;D, resulting in slow product changes and updates.

As Barry Callebaut finally entered the Chinese market, its Suzhou factory will make chocolate production even cheaper for multinational brands.

Statistics showed that there are about 63 large-scale local chocolate companies in China, with annual production of 150,000 tons. Statistics from industry associations also revealed that China currently has about 250 chocolate companies in total.

The vast potential of China’s chocolate market is not only for foreign brands, but is also laid in front of local chocolate producers.

China’s Chocolate Market Dominated by Foreign Brands

Foreign chocolate brands such as Dove, Cadbury and Hershey’s have now captured about 70% of the Chinese chocolate market. As Barry Callebaut, the world’s largest chocolate manufacturer with 25% of the global market, recently opened its first chocolate factory in China in Suzhou City, the top 20 chocolate companies in the world have now all entered the Chinese market.

Second largest chocolate market

Industry insiders suggested that this would be a blow to local Chinese chocolate companies in this globalized competition. The world’s top 20 chocolate companies have all entered China, and there are more than 70 imported or JV chocolate brands in today’s Chinese market.

In fact, even before the arrival of Barry Callebaut, China’s local chocolate companies had already been losing market shares to multinational competitors.

Local companies not in the local market

Although the rapidly growing Chinese chocolate market is good news for its local chocolate companies, Chinese consumers today are frequently referring to foreign brands such as Dove, Cadbury, Hershey’s and Ferrero but seldom mentioning local brands.

Furthermore, most Chinese chocolate companies are weak in product R;D, resulting in slow product changes and updates.

The above industry issues have costed local companies’ opportunities to participate in the competition for the Chinese chocolate market.

As Barry Callebaut finally entered the Chinese market, its Suzhou factory will make chocolate production even cheaper for multinational brands. The vast potential of China’s chocolate market is not only for foreign brands, but is also laid in front of local chocolate producers.

China’s Chocolate Market Dominated by Foreign Brands

Shanghai MuseumThe Shanghai museum houses over 120,000 Chinese art pieces and archeological findings.