Growing Adoption Of Convenience Food Is Fuelling The Global Biscuits Market

The research report "Global Biscuits Market: By Product Type (Plain Biscuits, Cookies, Fortified/Functional Biscuits, Filled/Coated Biscuits, Sweet Biscuits, Savory Biscuits, Others), By Ingredients (Oats, Millets, Wheat, Mixed Grain, Others), By Distribution Channel (Supermarkets/Hypermarkets, Online Stores, Others), and Geography- Global/Region/Country Forecast to 2028." The global biscuits market size was valued at USD 118,119 million in the year 2021, witnessing a CAGR rate of 5.2 percent during the evaluation time span 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC On Biscuits Market

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An overview on the Global Biscuits Market:
The global biscuits market report provides detailed insights into company share analysis, major market advancements, competitor's overview and key strategies followed by the major players. It also aims at covering market drivers, trends, unmet needs and restraints, which are presently affecting the growth of market. Major advancements, key innovations and startup's details are actively working in the market are also examined in this report. Biscuits are flour-based and baked food products, which infuse different nutritional factors such as fats, fibers and carbohydrates. These biscuits keep the top spot in the food industry. Fast urbanization, soaring demand for convenience foods along with lifestyles change is one of the major factors attributed to the biscuit market growth. The availability of the product in different flavors and in all price ranges is also boosting the market growth. Britannia has introduced 'Pure Magic Deuce", in January 2018 the first-ever 'bridge product' in biscuit.

Growing health awareness amid the customers and the constant introduction of novel products into the market are fuelling them towards the nutritional rich biscuits as a substitute for breakfast or to enhance the in-between meal hunger. On the other hand, high price of the raw materials and strict government rules about the food and safety are anticipated to hinder the market growth.

North America got considerable share in the Global Biscuits Market
On the basis of regional analysis, global biscuits market is categorized into different regions such as Asia Pacific, Europe, Middle East, Africa, North America and Latin America. North America market is the leading market if compared with other regional markets. There are a few factors enhancing the biscuits market growth in the region such as the increase in the preference of people towards the ready-to-eat food or packaged food and growing adoption of the convenience food. Increasing usage of baked food items is expected to impel the growth of Europe Biscuit market. The Asia Pacific Biscuit market is anticipated to show considerable growth over the evaluated time span due to its steady growth and fast urbanization of the food industries. Entry of the manufacturers into the emerging countries is also anticipated to impel the biscuits market growth in this region.

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Competitive Analysis - Global Biscuits Market
A few major players operating in the global biscuits market are Nestle (Switzerland), Kellogs' Company (U.S), Thomas Tunnock Limited (UK), Arnotts Biscuits Holdings Pty Limited (Australia), United Biscuits (UK) and Kraft Foods (U.S).

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