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Biscuits Market size was valued at USD 117.11 Bn in 2022 and expected to grow at 5.0% by 2029, reaching nearly USD 164.80 Bn
Biscuits Market
The Biscuits Market report covers a thorough analysis of the industry, including segmentations by Product Type, Flavor Type, Source, and Distribution Channel. It offers in-depth insights into the market dynamics, trends, opportunities, and challenges faced by key players.
The research methodology employed for this report combines both quantitative and qualitative approaches. Extensive data collection, analysis, and interpretation are presented in a clear and comprehensible format, making the report a valuable resource for industry stakeholders.
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Biscuits Market Dynamics:
Rapid urbanization, increased disposable income, and changing lifestyles are driving global demand for biscuits. The introduction of hypermarkets and malls has expanded product availability, while strategic marketing campaigns, including television commercials, have further boosted market growth.
Challenges such as ingredient shortages, labor constraints, and tax rate increases are anticipated to restrain market growth.
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Biscuits Market Regional Insight:
Asia Pacific: The dominant region in the global Biscuits market, with Asia Pacific accounting for the largest market share in 2022. The growing middle-class population and rising disposable income in countries like India and China have contributed to the region's dominance.
Europe: Projected to experience a higher CAGR, the European market is driven by a rising demand for convenient and healthy snacking options. Consumers in the United States and the United Kingdom show a preference for diverse biscuit products.
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Biscuits Market Segmentation:
by Flavor Type
Plain
Chocolate
Sour Cream
Cheese
Spiced
Fruits and Nuts
by Product Type
Sweet Biscuits
Savory
Crackers
Filled/Coated
Wafers
The global biscuits market is divided into sweet biscuits, savoury biscuits, crackers, filled/coated biscuits, and wafers based on product type. During the projected period, the worldwide biscuits market is anticipated to grow at a higher CAGR of 5.35% for the Sweet Biscuits category. Sweet biscuits are well-liked all around the world due to their excellent flavour, high energy content, and widespread availability. Sweet biscuits are very well-liked by customers because of their excellent nutritional value. The sweet biscuits category is anticipated to develop over the projected period as a result of the expanding supermarket industry, which is anticipated to spur demand for fully prepared snacks and expand client accessibility.
by Source
Wheat
Oats
Millets
by Distribution Channel
Supermarket/Hypermarket
Convenience Store
Specialty Store
Online Retail
The global biscuits market is divided into four categories based on distribution channels: convenience stores, specialty stores, supermarkets/hypermarkets and online retail. During the projected period, the worldwide biscuits market is anticipated to grow at a higher CAGR of 4.98% for the Online Retail sector. Online platforms gain popularity because they offer product delivery to customers' doorsteps and because online commerce offers more savings and more purchasing possibilities.
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Biscuits Market Key Players:
1. Mondelez International Inc.
2.Kellogg Company
3. ITC Limited
4. Britannia Industries
5. Walkers Shortbread Ltd
6. Parle Products Pvt Ltd
7. Burton's Biscuit Company
8. Yildiz Holding Inc.
9. Bahlsen GmbH & Co. KG
10. Campbell Soup Company
11. Nestle SA
12. Kraft Foods Group, Inc.
13. Lotus Bakeries NV
14. Dali Food Group Co, Ltd.
15. The Hershey Company
16. Kambly SA
17. United Biscuits Company
18. Ulker Biskuvi Sanayi A.S.
19. Cornu AG
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Table of content for the Biscuits Market includes:
1. Global Biscuits Market: Research Methodology
1. Global Biscuits Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Biscuits Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Global Biscuits Market Segmentation
• Global Biscuits Market, by Flavor Type (2022-2029)
• Global Biscuits Market, by Product Type (2022-2029)
• Global Biscuits Market, by Source (2022-2029)
• Global Biscuits Market, by Distribution Channel (2022-2029)
1. Regional Biscuits Market(2022-2029)
• Regional Biscuits Market, by Flavor Type (2022-2029)
• Regional Biscuits Market, by Product Type (2022-2029)
• Regional Biscuits Market, by Source (2022-2029)
• Regional Biscuits Market, by Distribution Channel (2022-2029)
• Regional Biscuits Market, by Country (2022-2029)
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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