[Research Report] 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 the consumers who want to avoid consumption of sugar and fructose corn syrups. Biscuits comprise of 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 coupledwith availability of healthy biscuit option is propelling the growth of biscuit market globally. Also, 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 fuelling the market. In addition, frequent launches with new formulations in the basic product such as gluten free, low fat, low carb, high fibre and organic biscuits to attract consumers has further enhanced the market growth.Based on type, the biscuits market has been segmented into sweet, savory, crackers, filled, wafers, and others. Based onpackaging, 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.
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.
Global Biscuits Market
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Use of good-quality raw materials with growing clean label trend
The selection of a prime quality of raw materials is a major aspect of standardized production, and multinational businesses need to invest in into acquire the clean label. To produce biscuits of desired variety and quality, companies are striving to select the best quality flour and essential raw material, which can be supplied continuously with the same superiority. As the biscuit products are not essential goods, attractive ingredients and health benefits or related feature can help the producers win consumers attention. Companies are also focusing on the external appearance of the packaging, which is contributing to the sale of the product. Further, the quality of packaging of exported biscuit products and appropriateness of the product for the taste of people from different export countries also impact international business of biscuit manufacturers. Hence, companies are looking after using fine-quality raw materials in production as well as packaging for securing larger market share.
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 growthofthe sweet biscuits market.
Global Biscuits Market, by Type– 2018 and 2027
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Packaging-Based Market Insights
The biscuits market, based on packaging,is segmented intopouches/packets, boxes, and jars.In 2018, the pouches/packets segment accounted for the largest share ofthe 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 retailsegment 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 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 hypermarkets chains in developed and developing countries boost the sales of biscuits through this channel.
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Biscuits Market: Strategic Insights
Market Size Value in US$ 76,886.00 Million in 2018 Market Size Value by US$ 111,079.29 Million by 2027 Growth rate CAGR of 4.2% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Biscuits Market: Strategic Insights
| Market Size Value in | US$ 76,886.00 Million in 2018 |
| Market Size Value by | US$ 111,079.29 Million by 2027 |
| Growth rate | CAGR of 4.2% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Mergers and acquisitionsare 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 strategyto enlarge the customer base and gain significant market share globally, which, in turn, permits themmaintain their brand name in the global market.
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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Packaging ; Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
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
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.
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.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Biscuit Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Biscuit Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Fierce competition between leading manufacturers
5.1.2 Use of good-quality raw materials with growing clean label trend
5.2 Market Restraints
5.2.1 Exposure to political, economic, and regulatory risks in emerging markets
5.3 Market Opportunities
5.3.1 Innovation and product premiumization
5.4 Future Trends
5.4.1 On-to-go foodstuff as snacking options
5.5 Impact Analysis of Drivers and Restraints
6. Biscuit – Global Market Analysis
6.1 Biscuit Market Overview
6.2 Biscuit Market –Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning – Global Market Players
7. Biscuits Market Analysis – By Packaging
7.1 Overview
7.2 Biscuit Market by Packaging, (2018 & 2027)
7.3 Pouches/ Packets
7.3.1 Overview
7.3.2 Pouches/Packets in Biscuits Market, Revenue Forecast to 2027 (US$ Mn)
7.4 Boxes
7.4.1 Overview
7.4.2 Boxes in Biscuits Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 Jars
7.5.1 Overview
7.5.2 Jars in Biscuits Market, Revenue and Forecast to 2027 (US$ Mn)
8. Biscuits Market Analysis – By Type
8.1 Overview
8.2 Biscuits Market Breakdown, by Type, 2018 & 2027
8.3 Sweet
8.3.1 Overview
8.3.2 Sweet Biscuits Market, Revenue Forecast to 2027 (US$ Mn)
8.4 Savory
8.4.1 Overview
8.4.2 Savory Biscuits Market, Revenue and Forecast to 2027 (US$ Mn)
8.5 Crackers
8.5.1 Overview
8.5.2 Crackers Biscuits Market, Revenue and Forecast to 2027 (US$ Mn)
8.6 Filled
8.6.1 Overview
8.6.2 Filled Biscuits Market, Revenue and Forecast to 2027 (US$ Mn)
8.7 Wafers
8.7.1 Overview
8.7.2 Wafers Biscuits Market, Revenue and Forecast to 2027 (US$ Mn)
8.8 Others
8.8.1 Overview
8.8.2 Other Biscuits Market, Revenue and Forecast to 2027 (US$ Mn)
9. Global Biscuits Market Analysis – By Distribution Channel
9.1 Overview
9.2 Global Biscuits Market Breakdown, By Distribution Channel, 2018 & 2027
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Global Biscuits Market Revenue Via Hypermarkets and Supermarkets Revenue and Forecast, to 2027 (US$ Mn)
9.4 Convenience Store
9.4.1 Overview
9.4.2 Global Biscuits Market Revenue Via Convenience Stores Revenue and Forecast, to 2027 (US$ Mn)
9.5 Online Retail
9.5.1 Overview
9.5.2 Global Biscuits Market Revenue Via Online Stores Revenue and Forecast, to 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Global Biscuits Market Via Other Distribution Channel Forecasts to 2027 (US$ Mn)
10. Biscuits Market – Geographic Analysis
10.1 Overview
10.2 North America: Biscuits Market
10.2.1 North America: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
10.2.2 North America: Biscuits Market, by Type
10.2.3 North America: Biscuits Market, by Packaging
10.2.4 North America: Biscuits Market, by Distribution Channel
10.2.5 North America: Biscuits Market, by Key Country
10.2.5.1 US: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.2.5.1.1 US: Biscuits Market, by Type
10.2.5.1.2 US: Biscuits Market, by Packaging
10.2.5.1.3 US: Biscuits Market, by Distribution Channel
10.2.5.2 Canada: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.2.5.2.1 Canada: Biscuits Market, by Type
10.2.5.2.2 Canada: Biscuits Market, by Packaging
10.2.5.2.3 Canada: Biscuits Market, by Distribution Channel
10.2.5.3 Mexico: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.2.5.3.1 Mexico: Biscuits Market, by Type
10.2.5.3.2 Mexico: Biscuits Market, by Packaging
10.2.5.3.3 Mexico: Biscuits Market, by Distribution Channel
10.3 Europe: Biscuits Market
10.3.1 Europe: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
10.3.2 Europe: Biscuits Market, by Type
10.3.3 Europe: Biscuits Market, by Packaging
10.3.4 Europe: Biscuits Market, by Distribution Channel
10.3.5 Europe: Biscuits Market, by Key Country
10.3.5.1 Germany: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.1.1 Germany: Biscuits Market, by Type
10.3.5.1.2 Germany: Biscuits Market, by Packaging
10.3.5.1.3 Germany: Biscuits Market, by Distribution Channel
10.3.5.2 France: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.2.1 France: Biscuits Market, by Type
10.3.5.2.2 France: Biscuits Market, by Packaging
10.3.5.2.3 France: Biscuits Market, by Distribution Channel
10.3.5.3 Italy: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.3.1 Italy: Biscuits Market, by Type
10.3.5.3.2 Italy: Biscuits Market, by Packaging
10.3.5.3.3 Italy: Biscuits Market, by Distribution Channel
10.3.5.4 UK: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.4.1 UK: Biscuits Market, by Type
10.3.5.4.2 UK: Biscuits Market, by Packaging
10.3.5.4.3 UK: Biscuits Market, by Distribution Channel
10.3.5.5 Russia: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.5.1 Russia: Biscuits Market, by Type
10.3.5.5.2 Russia: Biscuits Market, by Packaging
10.3.5.5.3 Russia: Biscuits Market, by Distribution Channel
10.3.5.6 Rest of Europe: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.6.1 Rest of Europe: Biscuits Market, by Type
10.3.5.6.2 Rest of Europe: Biscuits Market, by Packaging
10.3.5.6.3 Rest of Europe: Biscuits Market, by Distribution Channel
10.4 APAC: Biscuits Market
10.4.1 APAC: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
10.4.2 APAC: Biscuits Market, by Type
10.4.3 APAC: Biscuits Market, by Packaging
10.4.4 APAC: Biscuits Market, by Distribution Channel
10.4.5 APAC: Biscuits Market, by Key Country
10.4.5.1 Australia: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.1.1 Australia: Biscuits Market, by Type
10.4.5.1.2 Australia: Biscuits Market, by Packaging
10.4.5.1.3 Australia: Biscuits Market, by Distribution Channel
10.4.5.2 China: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.2.1 China: Biscuits Market, by Type
10.4.5.2.2 China: Biscuits Market, by Packaging
10.4.5.2.3 China: Biscuits Market, by Distribution Channel
10.4.5.3 India: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.3.1 India: Biscuits Market, by Type
10.4.5.3.2 India: Biscuits Market, by Packaging
10.4.5.3.3 India: Biscuits Market, by Distribution Channel
10.4.5.4 Japan: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.4.1 Japan: Biscuits Market, by Type
10.4.5.4.2 Japan: Biscuits Market, by Packaging
10.4.5.4.3 Japan: Biscuits Market, by Distribution Channel
10.4.5.5 South Korea: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.5.1 South Korea: Biscuits Market, by Type
10.4.5.5.2 South Korea: Biscuits Market, by Packaging
10.4.5.5.3 South Korea: Biscuits Market, by Distribution Channel
10.4.5.6 Rest of APAC: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.6.1 Rest of APAC: Biscuits Market, by Type
10.4.5.6.2 Rest of APAC: Biscuits Market, by Packaging
10.4.5.6.3 Rest of APAC: Biscuits Market, by Distribution Channel
10.5 MEA: Biscuits Market
10.5.1 MEA: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
10.5.2 MEA: Biscuits Market, by Type
10.5.3 MEA: Biscuits Market, by Packaging
10.5.4 MEA: Biscuits Market, by Distribution Channel
10.5.5 MEA: Biscuits Market, by Key Country
10.5.5.1 South Africa: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.5.5.1.1 South Africa: Biscuits Market, by Type
10.5.5.1.2 South Africa: Biscuits Market, by Packaging
10.5.5.1.3 South Africa: Biscuits Market, by Distribution Channel
10.5.5.2 Saudi Arabia: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.5.5.2.1 Saudi Arabia: Biscuits Market, by Type
10.5.5.2.2 Saudi Arabia: Biscuits Market, by Packaging
10.5.5.2.3 Saudi Arabia: Biscuits Market, by Distribution Channel
10.5.5.3 UAE: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.5.5.3.1 UAE: Biscuits Market, by Type
10.5.5.3.2 UAE: Biscuits Market, by Packaging
10.5.5.3.3 UAE: Biscuits Market, by Distribution Channel
10.5.5.4 Rest of MEA: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.5.5.4.1 Rest of MEA: Biscuits Market, by Type
10.5.5.4.2 Rest of MEA: Biscuits Market, by Packaging
10.5.5.4.3 Rest of MEA: Biscuits Market, by Distribution Channel
10.6 SAM: Biscuits Market
10.6.1 SAM: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
10.6.2 SAM: Biscuits Market, by Type
10.6.3 SAM: Biscuits Market, by Packaging
10.6.4 SAM: Biscuits Market, by Distribution Channel
10.6.5 SAM: Biscuits Market, by Key Country
10.6.5.1 Brazil: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.6.5.1.1 Brazil: Biscuits Market, by Type
10.6.5.1.2 Brazil: Biscuits Market, by Packaging
10.6.5.1.3 Brazil: Biscuits Market, by Distribution Channel
10.6.5.2 Argentina: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.6.5.2.1 Argentina: Biscuits Market, by Type
10.6.5.2.2 Argentina: Biscuits Market, by Packaging
10.6.5.2.3 Argentina: Biscuits Market, by Distribution Channel
10.6.5.3 Rest of SAM: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
10.6.5.3.1 Rest of SAM: Biscuits Market, by Type
10.6.5.3.2 Rest of SAM: Biscuits Market, by Packaging
10.6.5.3.3 Rest of SAM: Biscuits Market, by Distribution Channel
11. Impact of COVID-19 Pandemic on Global Biscuits Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic
11.6 South America: Impact assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Growth Strategies In The Biscuits Market, 2016-2020
12.2.1 Recent Developments in the Biscuit Market, 2016-2020
13. Company Profiles
13.1 Britannia Industries Limited
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Burton's Biscuit Company
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 ITC Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Financial Overview
13.3.4 SWOT Analysis
13.3.5 Key Developments
13.4 Kellogg Company
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Lotus Bakeries NV
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mondelez International, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Nestlé S.A
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 United Biscuits (UK) Limited
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Parle Products Pvt. Ltd.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Walkers Shortbread Ltd.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Biscuit Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 3. North America Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 4. North America Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 5. US Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 6. US Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 7. US Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 8. Canada Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 9. Canada Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 10. Canada Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 11. Mexico Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 12. Mexico Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 13. Mexico Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 14. Europe Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 15. Europe Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 16. Europe Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 17. Germany Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 18. Germany Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 19. Germany Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 20. France Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 21. France Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 22. France Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 23. Italy Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 24. Italy Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 25. Italy Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 26. UK Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 27. UK Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 28. UK Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 29. Russia Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 30. Russia Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 31. Russia Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 32. Rest of Europe Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 33. Rest of Europe Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 34. Rest of Europe Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 35. APAC Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 36. APAC Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 37. APAC Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 38. Australia Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 39. Australia Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 40. Australia Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 41. China Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 42. China Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 43. China Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 44. India Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 45. India Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 46. India Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 47. Japan Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 48. Japan Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 49. Japan Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 50. South Korea Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 51. South Korea Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 52. South Korea Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 53. Rest of APAC Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 54. Rest of APAC Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 55. Rest of APAC Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 56. MEA Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 57. MEA Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 58. MEA Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 59. South Africa Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 60. South Africa Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 61. South Africa Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 62. Saudi Arabia Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 63. Saudi Arabia Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 64. Saudi Arabia Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 65. UAE Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 66. UAE Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 67. UAE Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 68. Rest of MEA Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 69. Rest of MEA Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 70. Rest of MEA Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 71. SAM Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 72. SAM Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 73. SAM Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 74. Brazil Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 75. Brazil Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 76. Brazil Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 77. Argentina Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 78. Argentina Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 79. Argentina Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 80. Rest of SAM Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 81. Rest of SAM Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)
Table 82. Rest of SAM Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 83. Recent Developments in the Biscuit Market
Table 84. List of Abbreviation
LIST OF FIGURES
Figure 1. Biscuit Market Segmentation
Figure 2. Biscuit Market Segmentation – By Geography
Figure 3. Global Biscuit Market Overview
Figure 4. Sweet Biscuits Held Largest Share of Biscuit Market
Figure 5. Asia Pacific Held Largest Share of Biscuit Market in 2019
Figure 6. Global Biscuit Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA – PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Biscuits Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Biscuit Market
Figure 15. North America: Biscuit Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 16. Biscuits Market Breakdown, by Packaging, 2018 & 2027 (%)
Figure 17. Pouches/Packets in Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 18. Boxes in Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 19. Jars in Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 20. Biscuits Market Breakdown, by Type, 2018 & 2027 (%)
Figure 21. Sweet Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 22. Savory Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 23. Cinnamon in Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 24. Filled Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 25. Wafers Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 26. Other Biscuits Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 27. Global Biscuits Market Breakdown by Distribution Channel, 2018 & 2027 (%)
Figure 28. Global Biscuits Market Revenue Via Hypermarkets and Supermarkets Forecast, to 2027 (US$ Mn)
Figure 29. Global Biscuits Market Revenue Via Convenience Stores Revenue and Forecasts to 2027 (US$ Mn)
Figure 30. Global Biscuits Market Revenue Via Online Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. Global Biscuits Market Revenue Via Other Retailers Forecasts to 2027 (US$ Mn)
Figure 32. Global Biscuits Market Revenue Share, by Region (2018 and 2027)
Figure 33. North America: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 34. North America: Biscuits Market Revenue Share, by Type (2018 and 2027)
Figure 35. North America: Biscuits Market Revenue Share, by Packaging (2018 and 2027)
Figure 36. North America: Biscuits Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 37. North America: Biscuits Market Revenue Share, by Key Country (2018 and 2027)
Figure 38. US: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 39. Canada: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 40. Mexico: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 41. Europe: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 42. Europe: Biscuits Market Revenue Share, by Type (2018 and 2027)
Figure 43. Europe: Biscuits Market Revenue Share, by Packaging (2018 and 2027)
Figure 44. Europe: Biscuits Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 45. Europe: Biscuits Market Revenue Share, by Key Country (2018 and 2027)
Figure 46. Germany: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 47. France: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 48. Italy: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 49. UK: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 50. Russia: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 51. Rest of Europe: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 52. APAC: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 53. APAC: Biscuits Market Revenue Share, by Type (2018 and 2027)
Figure 54. APAC: Biscuits Market Revenue Share, by Packaging (2018 and 2027)
Figure 55. APAC: Biscuits Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 56. APAC: Biscuits Market Revenue Share, by Key Country (2018 and 2027)
Figure 57. Australia: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 58. China: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 59. India: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 60. Japan: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 61. South Korea: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 62. Rest of APAC: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 63. MEA: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 64. MEA: Biscuits Market Revenue Share, by Type (2018 and 2027)
Figure 65. MEA: Biscuits Market Revenue Share, by Packaging (2018 and 2027)
Figure 66. MEA: Biscuits Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 67. MEA: Biscuits Market Revenue Share, by Key Country (2018 and 2027)
Figure 68. South Africa: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 69. Saudi Arabia: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 70. UAE: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 71. Rest of MEA: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 72. SAM: Biscuits Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 73. SAM: Biscuits Market Revenue Share, by Type (2018 and 2027)
Figure 74. SAM: Biscuits Market Revenue Share, by Packaging (2018 and 2027)
Figure 75. SAM: Biscuits Market Revenue Share, by Distribution Channel (2018 and 2027)
Figure 76. SAM: Biscuits Market Revenue Share, by Key Country (2018 and 2027)
Figure 77. Brazil: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 78. Argentina: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 79. Rest of SAM: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 80. Impact of COVID-19 Pandemic In North American Country Markets
Figure 81. Impact of COVID-19 Pandemic In Europe Country Markets
Figure 82. Impact of COVID-19 Pandemic In Asia Pacific Country Markets
Figure 83. Impact of COVID-19 Pandemic In Middle East And Africa Country Markets
Figure 84. Impact of COVID-19 Pandemic In South America Country Markets
Figure 85. Growth Strategies In The Biscuits Market, 2016-2020
The List of Companies - Global Biscuits Market
- 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.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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