Biscuits Market Analysis and Opportunities by 2027

Historic Data: 2016-2017   |   Base Year: 2018   |   Forecast Period: 2019-2027

Biscuits Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Sweet, Savory, Crackers, Filled, Wafers, and Others); Packaging (Pouches/Packets, Boxes, and Jars); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

  • Report Date : Apr 2020
  • Report Code : TIPRE00007544
  • Category : Food and Beverages
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 179

The biscuit market was valued at US$ 76,886.00 million in 2018 and is projected to reach US$ 111,079.29 million by 2027; it is expected to grow at a CAGR of 4.2% from 2019 to 2027.

Biscuits are small pieces of bread made from a mixture of flour, sugar or salt, butter or vegetable shortening, and baking powder as a leavening agent. There are a variety of biscuits available in the market, such as sweet biscuits, savory biscuits, digestive biscuits, and filled biscuits, among others. Digestive biscuits are a rich source of fiber and are preferred by consumers who want to avoid consumption of sugar and fructose corn syrups. Biscuits comprise many nutritional factors such as fats, fibers, and carbohydrates that are essential to human health. The high nutritional value of biscuits makes them a highly preferred breakfast meal consumed globally. Factors such as increasing demand for convenience snacking, coupled with the availability of healthy biscuit options, are propelling the growth of the biscuit market globally. Also, the rising trend for food-on-the-go is one of the fundamental considerations for consumers while purchasing food products, hence it has become a lucrative factor for fueling the market. In addition, frequent launches with new formulations in the basic product, such as gluten-free, low-fat, low-carb, high fiber, and organic biscuits, to attract consumers, have further enhanced the market growth. Based on type, the biscuits market has been segmented into sweet, savory, crackers, filled, wafers, and others. Based on packaging, the biscuits market has been segmented into pouches/packets, boxes, and jars. Based on distribution channel, the market has been segmented into supermarkets and hypermarkets, convenience stores, online retail, and others.

Asia Pacific is expected to register the highest CAGR of 4.8% in the global biscuits market during the forecast period. Several domestic and international companies have a strong foothold in the region. China holds a major share of the market in Asia Pacific, followed by India and Japan. The region largely supports the growth of the biscuits market through effective manufacturing and trade policies, Changing consumer taste preferences and rising demand for processed food, and the availability of numerous product variants boost the growth of the biscuits market in Asia Pacific. Also, the growing demand for biscuits in the snack category due to the elevating preference for convenience food or on-the-go snacks further propels the biscuits market in this region. Innovation in the packing of the products plays a significant role in the rising demand for biscuits in Asia Pacific.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Biscuits Market: Strategic Insights

biscuits-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.



Impact of COVID-19 Pandemic on Biscuits Market

COVID-19 outbreak first began in Wuhan (China) during December 2019, and since then it has spread across the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst affected countries in terms confirmed cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also affecting the growth of the biscuits market due to shutting down of factories, obstacle in supply chain, and downturn in world economy.

Use of Good-Quality Raw Materials with Growing Clean Label Trend

The selection of prime-quality raw materials is a major aspect of standardized production, and multinational businesses need to invest in acquiring the clean label. To produce biscuits of desired variety and quality, companies are striving to select the best quality flour and essential raw materials, which can be supplied continuously with the same level of superiority. As biscuit products are not considered essential goods, the inclusion of attractive ingredients and added health benefits—such as high fiber, whole grains, low sugar, or probiotics as functional additives—can significantly help producers capture consumer attention in a competitive market. Amid the flourishing trend of making health-conscious choices, there is a growing consumer preference for transparency in product composition. This has elevated the importance of clean-label ingredients that are natural, minimally processed, and free from artificial preservatives or colors. In addition to enhancing the sensory attributes such as taste, texture, and aroma of biscuits, high-quality raw materials notably contribute to perceived value, enabling companies to position their products in the premium segment. This, in turn, supports improved margins and brand loyalty.

Companies in the biscuits market are also focusing on the external appearance of packaging, which is contributing to the sale of the product. The packaging quality and design, especially in the context of exported biscuit products, must align with the preferences and cultural sensibilities of international markets. Factors such as material durability, food safety standards, shelf-life preservation, and aesthetic appeal are becoming increasingly critical. Therefore, investing in fine-quality raw materials, both for the product itself and its packaging, is a strategic approach for biscuit manufacturers aiming to secure a larger global market share and build long-term consumer trust.

Type-Based Market Insights

The biscuits market, based on type, has been segmented into sweet, savory, crackers, filled, wafers, and other biscuit types. The sweet segment accounted for the largest share of the global biscuits market in 2018; the market for the filled biscuits is expected to grow at the highest CAGR during the forecast period. Sweet biscuits are consumed worldwide owing to their taste, energy content, and easy availability. The high nutrient content of sweet biscuits also makes it a preferred choice of consumers. Moreover, the growing preference for convenient snacking, together with easy accessibility for consumers through the advancing retail sector, is favoring the growth of the sweet biscuits market.

Packaging-Based Market Insights

The biscuits market, based on packaging, is segmented into pouches/packets, boxes, and jars. In 2018, the pouches/packets segment accounted for the largest share of the global biscuits market, whereas the boxes segment is expected to register the fastest CAGR during the forecast period. Biscuit packaging is mainly done to present the biscuits in an attractive way display the biscuit type, ingredients, and weight maintain the freshness and flavor of biscuits for longer shelf life and protect the biscuits from external harm among other reasons. Moreover, packing biscuits in pouches or packets adds aesthetic attributes that appeal to the customers or helps in easy recognition.

Distribution Channel-Based Market Insights


The biscuits market, based on distribution channel, is segmented into supermarkets and hypermarkets, convenience stores, online retail, and other distribution channel. In 2018, the supermarkets and hypermarkets segment accounted for the largest share of the market, whereas the online retail segment is expected to register the highest CAGR during the forecast period. Supermarkets and hypermarkets are self-help shops giving a wide variety of biscuits such as sweet biscuits, savory, crackers, filled or coated, and wafers. Supermarkets and hypermarkets offer an extensive merchandise mix along with different brands of biscuits, placed under the same roof. Biscuits have a dedicated section in the supermarkets and hypermarkets, thus the customers are easily guided to a single point to choose from a wide variety. Therefore, consumers prefer buying biscuit products in supermarkets and hypermarkets. Moreover, the presence of large supermarkets and hypermarket chains in developed and developing countries boosts the sales of biscuits through this channel.

Mergers and acquisitions are commonly adopted strategies by companies to expand their footprint worldwide. Britannia Industries Limited, Burton's Biscuit Company, and Mondelez International, Inc., are among the market players implementing this strategy to enlarge the customer base and gain significant market share globally, which, in turn, permits them to maintain their brand name in the global market.

Biscuits Market Regional Insights

The regional trends and factors influencing the Biscuits Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Biscuits Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

biscuits-market-global-geography
  • Get the Regional Specific Data for Biscuits Market

Biscuits Market Report Scope

Report Attribute Details
Market size in 2018 US$ 76.89 Billion
Market Size by 2027 US$ 111.08 Billion
Global CAGR (2018 - 2027) 4.2%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Type
  • Sweet
  • Savory
  • Crackers
  • Filled
  • Wafers
By Packaging
  • Pouches/Packets
  • Boxes
  • Jars
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retail
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Britannia Industries Limited
  • Burton's Biscuit Company
  • ITC Ltd.
  • Kellogg Company
  • Lotus Bakeries NV
  • Mondelez International, Inc.
  • Nestlé S.A
  • United Biscuits (UK) Limited
  • Parle Products Pvt. Ltd.

  • Biscuits Market Players Density: Understanding Its Impact on Business Dynamics

    The Biscuits Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Biscuits Market are:

    1. Britannia Industries Limited
    2. Burton's Biscuit Company
    3. ITC Ltd.
    4. Kellogg Company
    5. Lotus Bakeries NV

    Disclaimer: The companies listed above are not ranked in any particular order.


    biscuits-market-cagr

    • Get the Biscuits Market top key players overview

    Biscuits Market – By Type

    • Sweet
    • Savory
    • Crackers
    • Filled
    • Wafers
    • Others


    Biscuits Market – By Packaging

    • Pouches/Packets
    • Boxes
    • Jars


    Biscuits Market – By Distribution Channel

    • Supermarkets and Hypermarkets
    • Convenience Store
    • Online Retail
    • Others


    Company Profiles

    • Britannia Industries Limited.
    • Burton's Biscuit Company
    • ITC Ltd
    • Kellogg Company
    • Lotus Bakeries NV
    • Mondelez International, Inc
    • Nestlé S.A
    • United Biscuits (UK) Limited
    • Parle Products Pvt. Ltd
    • Walkers Shortbread Ltd

    Frequently Asked Questions

    Which region held the largest share of the global biscuits market?

    In 2018, the biscuits market was predominant in Asia Pacific at the global level. The demand for biscuit is expected to increase in the region with the rising demand from the food and beverage industry. Moreover, availability of flavors, such as chocolate, butter cream and peanut butter, is expected to contribute to the growth. Also, urbanization, rising disposable income and changing lifestyle further boost the biscuit market in the Asia Pacific region.

    Based on type, why the sweet segment accounted for the largest share in the global biscuits market?

    The growth of the sweetsegment is primarily attributed to the growing preference for convenient snacking, together with easier accessibility of consumers through the advancing retail sector is favoring the demand for sweet biscuits, globally. The high nutrient content of sweet biscuits also makes it a preferred choice of consumers.Innovative packaging solutions and exotic flavors like chocolate confectionery, has made sweet biscuits the pioneer in premium snack offering, worldwide

    Can you list some of the major players operating in the global biscuits market?

    The major players operating in the global biscuits market are Britannia Industries, Burton’s Biscuit Company, ITC limited, Kellogg Company, Lotus Bakeries, Mondelez International, Nestlé S.A.; among many others.

    Shejal Jamdade
    Shejal Jamdade
    Associate Vice President,
    Market Research & Consulting

    With over 12 years of experience in managing custom research projects, Shejal is a seasoned research professional with deep cross-sector expertise spanning Chemicals & Materials, Food & Beverages, Biotechnology, and Consumer Goods. She excels in end-to-end project management, advanced data modelling, and providing strategic support to clients.

    Shejal has successfully led a wide range of high-impact research engagements, consistently guiding clients through complex business challenges and enabling informed decision-making. Her ability to blend analytical rigor with industry knowledge has made her a trusted advisor for clients seeking data-driven strategies and actionable insights. Dedicated to excellence and precision, Shejal continues to play a pivotal role in transforming business objectives into research-driven outcomes.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Identifying Emerging Markets
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Boosting Operational Efficiency
    • Strategic Planning
    • Investment Justification
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients
    Biscuits Market
    Connect With Expert

    The List of Companies - Global Biscuits Market

    1. Britannia Industries Limited
    2. Burton's Biscuit Company
    3. ITC Ltd.
    4. Kellogg Company
    5. Lotus Bakeries NV
    6. Mondelez International, Inc.
    7. Nestlé S.A
    8. United Biscuits (UK) Limited
    9. Parle Products Pvt. Ltd.
    10. Walkers Shortbread Ltd.
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo