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Chocolate Biscuit Market To Reach Usd 28.30 Billion By Year 2032

05-16-2024 12:17 PM CET | Food & Beverage

Press release from: Introspective Market Research

Chocolate Biscuit Market To Reach Usd 28.30 Billion By Year 2032

Chocolate Biscuit Market Size Was Valued at USD 16.11 Billion in 2023 and is Projected to Reach USD 28.30 Billion by 2032, Growing at a CAGR of 6.46% From 2024-2032.

A chocolate biscuit is a biscuit that is covered with chocolate or that has been made by replacing it with cocoa powder. It has a delicious flavour which may be kept at room temperature or refrigerated in the summer season. The crushed chocolate Biscuits are used in the cake base that creates a flavor as the base for cheesecakes, tarts, etc. They are also used for the topping of the ice cream that makes a delightful sundae. They are good for making Milkshakes for the rich and delicious taste, they can be also used for making trifle layers which will be a great dessert. They are used to make Pie crust which is a traditional dish in many countries.

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As consumers lead increasingly busy lifestyles, they seek convenient and portable snack options that provide very quick energy and enjoyable moments throughout the day, The increasing trend towards on-the-go consumption and snacking culture has contributed to the sustained demand for chocolate biscuits.

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Segmentation Analysis of The Chocolate Biscuit Market
Chocolate Biscuit Market Segmented based on type, Flavour, Distribution Channel, Packaging and end-users.

By Type, Chocolate Cookies Segment is Expected to Dominate the Market During The Forecast Period
Chocolate cookies have a universal appeal that can be enjoyed for their rich, sweet flavor and satisfying texture they also contain some chemical compounds like Phenylethylamine which is useful for mood enhancement.

By Application, The Dark Chocolate Segment Held the Largest Share In 2023

Dark Chocolate has several healthy benefits, including alleviation of cardiovascular disease, protection from heart disease, alleviation of hypertension from high blood pressure, stroke prevention, regulation of blood sugar, and reduce the risk of diabetes, and antioxidant protection, reducing the risk of colon cancer, increased immune function, slow aging, Alzheimer's protection, Reducing the risk of cancer and many others.

Segments Covered:

By Type
• Chocolate Cookies
• Chocolate Wafers
• Chocolate Sandwich Biscuits

By Flavour

• Milk
• Dark chocolate
• White Chocolate
• Mixed

By Distribution Channel

• Super Markets and Hypermarkets
• Independent Retail stores
• Online

By Packaging

• Paper Packaging
• Plastic Packaging
• Box Packaging

By end-user

• Bakery
• Dairy
• Food Service
• Household/Retail

The Chocolate Biscuit Market Report Highlight: / Trend Analysis

Consumer Preferences and Taste Trends
There is a growing trend towards the eating habits of people, even in snacks like chocolate biscuits. They are willing to pay more for high-quality biscuits which are made up of premium ingredients such as whole grains etc.

The chocolate biscuit market is shifting to maintaining a balance between indulgence and health-conscious choices, while consumers still crave the rich, indulgent flavor of chocolate there's a growing demand for healthier options which include biscuits with lower fat content, reduced sugar content, and also the use of natural ingredients.

Key Industry Development:

• In April 2024, Mondelez International, Inc. joined the companies leading the journey to net zero, it announced that the Science Base Targets initiative (SBTi) has validated its near-term up to 2030 greenhouse gas reduction target and net zero targets by 2050 as it further strengthens the commitment of sustainable packaging.

• In October 2023, Pladis the leading global company announced that it has signed a one-year sponsorship deal with wheelchair Basketball for London Titans, which is one of the largest and most successful clubs in the UK.

Top Key Players Covered in The Chocolate Biscuit Market:

Mondelez International (USA), Pladis Global (UK), Nestle (Switzerland), Britannia Industries Limited (India), Bahlsen (Germany), Arnott's Biscuits Holdings (Australia), Bahlsen (Germany), Yildiz Holding (Turkey), Meiji Holdings Co., Ltd. (Japan), Barilla Group (Italy), Walkers Shortbread (UK), Danone (France), Parle Products Pvt. Ltd. (India), The Hershey Company (USA), General Mills (USA), General Mills (USA), Burton's Biscuit Company (UK), Voortman Cookies (Canada), Grupo Bimbo (Mexico), Manner Ag (Austria), Glico (Japan), Jacobs Douwe Egberts (Netherlands), Ferrero (Italy), Kraft Heinz (USA), Famous Amos (USA) and Other Active , Players

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Chocolate Biscuit Market Regional Insights:

Western Europe Is Expected to Dominate the Market Over the Forecast Period

In the United Kingdom, Chocolate Biscuits are mostly popular, here the biscuit is made with an external coating of at least 3% of dry cocoa solids. It is the fastest-growing region due to the emerging accessibility of chocolate biscuits through various retail channels, including supermarkets, Hypermarkets, convenience stores, and other online platforms, contributing to market growth. Wide distribution networks are helping to reach a broader consumer base in the market.

Hot Melt Adhesives Market By Region:

 North America (U.S., Canada, Mexico)
 Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
 Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
 Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
 Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
 South America (Brazil, Argentina, Rest of SA)

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About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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