Biscuits Market Trends, Report and Growth Analysis 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Biscuits Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global biscuits market trends, share, size, growth, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Biscuits Market

Biscuits are baked or sometimes fried bread-based treats. These delightful, often small, round and oval-shaped snacks are typically made from a combination of basic ingredients like flour, butter or lard, baking powder or soda, milk, and water. They also include sugar, salt, or other flavorings, which enhance their taste. Biscuits can take on various textures and flavors, depending on regional preferences and preparation methods. They contain fiber, which is important for digestive health and can help regulate bowel movements. They can also provide a quick source of energy due to their carbohydrate content. As they can be useful for individuals who need an energy boost, such as athletes, the demand for biscuits is rising across the globe.

How Big Is the Biscuits Market?

The global biscuits market size reached US$ 117.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 159.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028. 

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What are the growth prospects and trends in the biscuits industry?

The growing demand for biscuits, as they are a convenient, on-the-go snack option, aligning with the busy lifestyles of modern consumers. The snacking culture, fueled by hectic schedules of individuals, represents one of the key factors supporting the growth of the market. Besides this, key manufacturers are introducing new flavors, textures, and formats to cater to a diverse range of consumer tastes and preferences. This variety is encouraging consumer engagement and further propelling the market growth.

In addition, health-conscious consumers are seeking healthier biscuit options, driving the demand for products with reduced sugar, whole grains, and natural ingredients. In line with this, the globalization of food markets is exposing consumers to a wide array of biscuit brands from different regions, creating a global market with access to diverse products.

Additionally, effective marketing strategies and branding campaigns by biscuit companies are contributing to increased brand loyalty and consumer trust, which are strengthening the growth of the market. Moreover, the rising number of e-commerce platforms are expanding the reach of biscuit manufacturers to a global audience, making it easier for consumers to access and purchase biscuits.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

  • Crackers and Savory Biscuits
  • Plain Crackers
  • Flavored Crackers
  • Sweet Biscuits
  • Plain Biscuits
  • Cookies
  • Sandwich Biscuits
  • Chocolate-coated Biscuits
  • 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

Who are the key players operating in the industry?

The report covers the major market players including:

  • 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
  • Walker’s Shortbread

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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