Press release
Biscuits Market Industry Outlook, Size, Growth Factors, and Forecast 2029
Biscuits Market revenue is expected to grow at 5.0 % through 2023 to 2029, reaching nearly USD 164.80 Bn.Biscuits Market Report Scope and Research Methodology
Report Scope:
The comprehensive market research report provides a detailed overview of the Biscuits market, encompassing an analysis of market values, research methodology, drivers, restraints, and regional insights. The report delves into the composition of biscuits, market dynamics, and factors influencing consumer preferences.
Research Methodology:
The report adopts a robust research methodology to collect accurate and reliable data for market analysis. Utilizing both qualitative and quantitative research techniques, the report combines data from various sources to provide a comprehensive understanding of the Biscuits market.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-biscuits-market/26465/
What are Biscuits Market Dynamics?
Biscuits are beloved around the world for their deliciousness and nutritional benefits. Made from ingredients like flour, sugar, butter, leavening agents, and a variety of flavors, biscuits offer a convenient snack alternative that can be enjoyed with or without beverages such as tea or coffee. Their extended shelf life and ease of storage make them a preferred choice.
Key drivers of the market include rapid urbanization, increased disposable income, and changing lifestyles that have elevated the demand for biscuits. The advent of hypermarkets and malls has expanded the availability of biscuits, offering consumers an array of options. Marketing strategies, including television commercials, have further spurred market growth.
For health-conscious consumers, low-calorie and low-fat biscuits with natural ingredients have gained popularity. There is also a surge in sugar-free biscuits for individuals with dietary restrictions, particularly diabetics.
Biscuits Market Segmentation?
The Biscuits market is segmented by Product Type, Flavor Type, Source, and Distribution Channel.
Product Type: The Sweet Biscuits segment is expected to experience robust growth with a CAGR of 5.35% during the forecast period. Sweet biscuits, appreciated for their taste and nutritional content, are in high demand, especially in the growing supermarket sector.
Distribution Channel: The Online Retail segment is projected to grow at a CAGR of 4.98% as online retail platforms offer a broad range of biscuit options and discounts with convenient doorstep delivery.
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Who are 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
Table of content for the Biscuits Market includes:
Part 01: Executive Summary
Part 02: Scope of the Biscuits Market Report
Part 03: Global Biscuits Market Landscape
Part 04: Global Biscuits Market Sizing
Part 05: Global Biscuits Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
Asia Pacific: Dominates the global Biscuits market due to a rising middle-class population, increasing disposable income, and the demand for biscuits as an alternative to traditional bread and confectioneries.
Europe: Expected to experience strong growth due to consumers' desire for healthy snacking options and a preference for nutritional biscuits.
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