
Biscuits Market Report, Size, Industry Share, Analysis, Growth, Trends and Forecast by 2022-2027
According to the latest report by IMARC Group, titled "Global Biscuits Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the global biscuits market reached a value of US$ 110.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 151.7 Billion by 2027 exhibiting a CAGR of 5.10% during 2022-2027.
Biscuits are baked goods
manufactured with flour, sugar, butter, and milk. They are generally
unleavened, hard, and flat in appearance and texture. Biscuits are consumed
widely due to their pleasant taste and health benefits as they consist of various
grains like rye, maize, wheat, and oats. They also contain baking powder, eggs,
jam, cinnamon, icing, chocolate, and ginger. Biscuits are also available in a
savory flavor and taste like crackers.
Report
Metric |
Historical:
2016-2021 |
Base Year:
2021 |
Forecast
Year: 2022-2027 |
Biscuits Market Trends and Drivers:
The global biscuits market is
primarily driven by the expanding organized retail channels across the globe,
owing to rapid urbanization.
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Furthermore, biscuits are widely
preferred as a breakfast staple as well as a healthy snacking option, which is
fueling the growth of the market. In addition to this, the launch of
oats-based, nuts-based, and high-fiber biscuits, along with aggressive promotional
activities by manufacturers, are significantly influencing the market growth.
Furthermore, the introduction of low
sugar and low-calorie biscuits variants targeted at health-conscious consumers
is anticipated to propel the market in the upcoming years.
Note: We are
regularly tracking the direct effect of COVID-19 on the market, along with the
indirect influence of associated industries. These observations will be
integrated into the report.
Global Biscuits
Market 2022-2027 Analysis and Segmentation:
Competitive
Landscape:
The
competitive landscape of the market has been studied in the report with the
detailed profiles of the key players operating in the market.
Bahlsen GmbH
& Co. KG, Britannia Industries Limited, Burton's Biscuit Company, ITC
Limited, Kellogg Company, Lotus Bakeries Corporate, Mondelez International
Inc., Nestlé S.A., Parle Products Private Limited, Pladis Global and Walker's
Shortbread.
The report
has segmented the market on the basis of region, product type, ingredient,
packaging type and distribution channel.
Breakup by Product
Type:
· Crackers
and Savory Biscuits
o
Plain Crackers
o
Flavored Crackers
· Sweet
Biscuits
o
Plain Biscuits
o
Cookies
o
Sandwich Biscuits
o
Chocolate-coated Biscuits
o
Others
Breakup by
Ingredient:
· Wheat
· Oats
· Millets
· Others
Breakup by Packaging
Type:
· Pouches/Packets
· Jars
· Boxes
· Others
Breakup by
Distribution Channel:
· Supermarkets
and Hypermarkets
· Convenience
Stores
· Independent
Bakery
· Online
Stores
· Others
Breakup by
Region:
- North America: (United States,
Canada)
- Asia Pacific: (China,
Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United
Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico,
Others)
- Middle East and Africa
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latest primary and secondary data (2022-2027) with Cost Module, Business
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Key
highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success
Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the
Competitive Landscape
If you need
specific information that is not currently within the scope of the report, we
can provide it to you as a part of the customization.
About Us:
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is a leading market research company that offers management strategy and market
research worldwide. We partner with clients in all sectors and regions to
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information products include major market, scientific, economic and
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and high technology organizations. Market forecasts and industry analysis for
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and tourism, nanotechnology and novel processing methods are at the top of the
company’s expertise.
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