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Biscuits Market to 2027 : Growth Opportunities & Top Companies- Britannia Industries, Burton's Biscuit Company, ITC Limited, Kellogg Company and Lotus Bakeries

12-18-2019 09:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

The Biscuits Market to 2027 sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Biscuits market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.

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Biscuit is a small bread made from a mixture of flour, sugar or salt, butter or vegetable shortening, and baking powder as a leavening agent. There are a variety of biscuits available in the market, such as sweet biscuits, savory biscuits, digestive biscuits, and filled biscuits, among others. Digestive biscuits are a rich source of fiber and are preferred by the consumers who want to avoid consumption of sugar and fructose corn syrups. Biscuits comprise of many nutritional factors such as fats, fibers, and carbohydrates that are essential to human health. The high nutritional value of biscuits makes them a highly preferred breakfast meal consumed globally.

The biscuits market is driven by the growing demand for convenience snacking food along with the increasing influence of on the go food trend in developed and developing countries. Moreover, the high focus of key players operating in the market on launching biscuit products with innovative formulations in the basic product such as low fat, gluten-free, low carbo, organic, and high fiber biscuits to attract consumers has further fueled the biscuit market growth. However, high competition in the market and fluctuation in the prices of raw material are the key factors hampering the growth of the biscuit market over the forecast period.

The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of super foods. On the other hand, processed, ultra-processed, and frozen foods are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.

The Biscuits market is segmented based on Type, Form and Applications. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.

Leading companies profiled in the report include:

1. Britannia Industries
2. Burton's Biscuit Company
3. ITC Limited
4. Kellogg Company
5. Lotus Bakeries
6. Mondel-z International
7. Nestlé S.A.
8. Parle Products Pvt. Ltd.
9. United Biscuits
10. Walkers Shortbread Ltd

The global biscuits market is segmented on the basis of type, packaging and distribution channel. On the basis of type, the biscuits market is segmented into sweet biscuits, savory, crackers, filled/coated, wafers, and others. The biscuits market on the basis of the packaging is classified into pouches/packets, boxes, and jars. Similarly, on the basis of distribution channel the biscuits market is bifurcated into supermarkets and hypermarkets, convenience stores, online retail, and others.

The report highlights key growth strategies adopted by these players of the Biscuits industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

The report answers the following key aspects:

• Biscuits Market size and growth rate in the forecast period.
• Existing market trends.
• Factors driving Biscuits market growth.
• Future opportunities in the Global Biscuits Market.
• Market initiatives by the leading vendors.
• PEST analysis across five major regions.

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The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Contact Us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Food and Beverages, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

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