Press release
Biscuits Market size was valued at USD 117.11 Bn in 2022 and the total revenue is expected to grow at 5.0 % through 2023 to 2029, reaching nearly USD 164.80 Bn.
Biscuits Market
The comprehensive Biscuits Market report explores various segments, including Product Type, Flavor Type, Source, and Distribution Channel, providing an in-depth analysis of each. The report caters to industry stakeholders, delivering an understanding of market dynamics, trends, and potential opportunities.
Maximize Market Research Pvt Ltd's report incorporates a meticulous research methodology, offering stakeholders a clear perspective of the industry landscape. The report employs advanced research techniques to provide accurate and relevant insights, ensuring decision-makers are well-equipped to navigate the market's complexities.
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Biscuits Market Dynamics:
Factors driving the Biscuits Market include rapid urbanization, increasing disposable income, and evolving lifestyles. The market has been bolstered by the proliferation of hypermarkets and malls, leading to greater product availability and diverse choices. Advertising strategies, such as television commercials, have further propelled market expansion.
While the Biscuits Market is poised for growth, challenges include ingredient shortages, labor constraints, and rising tax rates, which could impede market expansion.
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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, savory 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 over the world due to their excellent flavor, 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
Table of content for the Biscuits Market includes:
1. Global Biscuits Market: Research Methodology
2. 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
3. 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
4. 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)
5. 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)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Regional Insights:
Asia Pacific dominates the Biscuits Market, holding the largest market share in 2022. The region's growth is attributed to the rising middle-class population, increasing disposable income, and growing demand for biscuits as alternatives to traditional snacks.
Europe is projected to witness substantial growth, driven by European consumers' preference for convenient, healthy snacking options. The market sees a consistent influx of innovative products, catering to various consumer preferences.
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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