Global Biscuits market report, size, share, trends and forecast to 2028

According to Stratistics MRC, the Global Biscuits Market is accounted for $117.11 billion in 2022 and is expected to reach $156.94 billion by 2028 growing at a CAGR of 7% during the forecast period.

Biscuits are flour base baked food products, typically hard, flat, and unleavened. Biscuits are made from flour, added sugar, butter, leavening agents, and additional components that vary in flavour. Biscuits are baked delicacies that come in a variety of flavours, tastes, sensations, and shapes. Nuts, chocolate flavour, sandwich filling, milk, chocolates, fruit, jam, or Chocó chips can all be used to make biscuits. People all throughout the world eat biscuits as snacks instead of a full meal.

Factors such as product advancements in the food sector and the use of premium ingredients, biscuit demand has surged the market rate. Millennials who choose ready-to-eat meals to stay in shape are drawn to biscuits in a variety of varieties, including those made with multiple grains, ragi, and oats. Additionally, bakery producers are luring customers with cutting-edge packaging options, which are predicted to promote development.

By geography, Asia Pacific is projected to hold the largest market share during the forecast period owing to the rising demand for convenient snacking paired with healthy ingredients. The demand for healthy biscuits in the area is rising as a result of the constant introduction of a wide variety of new goods, including morning biscuits, "thins," free-from alternatives, and healthy biscuits. Numerous domestic and foreign businesses have established themselves firmly in the area. Effective manufacturing and trade laws, shifting consumer preferences, increasing demand for processed foods, and the availability of a wide range of product varieties all contribute to the region's ability to support the expansion of the biscuits market.

Some of the key players profiled in the Biscuits Market include ITC Limited, Nestle SA, Britannia Industries, The Hershey Company, United Biscuits Company, Parle Products Pvt. Ltd, Walkers Shortbread Ltd, Mondelez International Inc., Kellogg Company, Burton's Biscuit Company, Yildiz Holding Inc., Dali Food Group Co, Ltd., Lotus Bakeries NV, Cornu AG, Mrs .Bectors Food Specialties Limited, Anmol Industries Limited, Unibic Foods India Private Limited, HUG AG, Kambly SA and National Biscuit Industries LTD SAOG.

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By Flavors:
• Chocolate
• Cheese
• Plain
• Fruits and Nuts
• Sour Cream
• Spiced
• Other Flavors

By Types:
• Sweet Biscuits
• Crackers and Savory Biscuits
• Filled/Coated
• Wafers
• Bourbon
• Rich tea
• Marie biscuits
• Glucose and Milk Biscuits
• Salt Crackers Biscuits
• Cream Biscuits
• Other Types

By Distribution Channels:
• Convenience Stores
• Online Retail
• Specialist Retailers
• Supermarket/Hypermarket
• Other Distribution Channels

By Sources:
• Millets
• Wheat
• Oats
• Multi Grain
• Barley
• Other Sources

By Ingredients:
• Butter
• Flour
• Milk
• Sugar
• Chocolate
• Cream
• Other Ingredients

By Packagings:
• Boxes
• Peelpaq
• Jars
• Pouches/Packets
• Other Packagings

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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