The global biscuits market size is estimated at US$ 115,054.72 million in 2022 and is expected to reach US$ 149,181.49 million by 2028, growing at a CAGR of 4.97% during the forecast period from 2023 to 2028.
Traditionally, biscuits have been made with flour, sugar, butter, milk, and chocolate. The biscuit industry depends on product innovation in terms of flavors, tastes, forms, and appealing packaging, which raises sales of the resulting goods. Consumer tastes for low-sugar, low-calorie, healthy biscuits are changing, along with consumer awareness of ingredients and health advantages, which are both driving growth in the worldwide biscuit market. The top market players produce their goods by consumer preferences in order to maintain their market share and discover unexplored markets.
Factors Impacting the Global Market Growth
Segmentation Overview
By Type
The sweet biscuit segment is estimated to attain the highest CAGR during the forecast period due to increased customer preference for healthy biscuits. Additionally, the segment will rise in the expanding supermarket industry, which is likely to spur growth for fully prepared snacks and improved client access.
By Distribution Channel
The online retail segment is expected to register a high growth rate during the forecast period. The popularity of the online platform is due to the fact that online commerce offers greater discounts and more purchasing possibilities, and it also offers goods delivery to customers' doorsteps.
Regional Overview
Europe is anticipated to capture the highest CAGR over the forecast period. The industry is fueled by consumers in Europe's growing need for quick snacks made with nutritious components. The region's demand for healthy biscuits is rising owing to the constant introduction of a wide variety of new products, such as morning biscuits, "thins," free-from alternatives, and healthy biscuits.
Due to the increased demand for biscuits in the area and the influx of new market competitors, competition is at an all-time high. For instance, the well-known French biscuit company "LU" introduced its four new cookie flavors—Le Petit Chocolat, Le Petit Beurre, Le Petit Biscotte, and Le Petit Citron—in the United Kingdom in January 2022.
Additionally, some companies are making use of the educational and creative potential of shaped cookies for kids by developing them. Examples of this include the 'Coole Kekse' car and traffic sign-shaped biscuits from the German bargain supermarket Aldi.
Prominent Companies
Segmentation Outline
The global biscuits market segmentation focuses on Type, Distribution Channel, and Region.
By Type
By Distribution Channel
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL BISCUITS MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: BISCUITS MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL BISCUITS MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL BISCUITS MARKET, BY TYPE
5.1 OVERVIEW
5.2 CRACKERS AND SAVORY BISCUITS
5.2.1 PLAIN CRACKERS
5.2.2 FLAVORED CRACKERS
5.3 SWEET BISCUITS
5.3.1 PLAIN BISCUITS
5.3.2 COOKIES
5.3.3 SANDWICH BISCUITS
5.3.4 CHOCOLATE-COATED BISCUITS
5.3.5 OTHER SWEET BISCUITS
6 GLOBAL BISCUITS MARKET, BY DISTRIBUTION CHANNEL
6.1 OVERVIEW
6.2 SUPERMARKETS/HYPERMARKETS
6.3 CONVENIENCE STORES
6.4 SPECIALIST RETAILERS
6.5 ONLINE RETAIL STORES
6.6 OTHER DISTRIBUTION CHANNELS
7 GLOBAL BISCUITS MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL BISCUITS MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
8.4 COMPETITIVE DASHBOARD
8.5 PRODUCT MAPPING
8.6 TOP PLAYER POSITIONING, 2022
8.7 COMPETITIVE HEATMAP
8.8 TOP WINNING STRATEGIES
9 COMPANY PROFILES
9.1 ITC LIMITED
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.2 KAMBLY SA
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.3 MONDELEZ INTERNATIONAL
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.4 PEPSICO
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.5 THE KRAFT HEINZ COMPANY
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.6 ANNIE'S HOMEGROWN, INC.
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.7 PARLE PRODUCTS PVT. LTD.
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.8 PATANJALI AYURVED
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.9 BRITANNIA
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.10 KELLOGG CO
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
9.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.11 PLADIS GLOBAL
9.11.1 OVERVIEW
9.11.2 FINANCIAL PERFORMANCE
9.11.3 PRODUCT OUTLOOK
9.11.4 KEY DEVELOPMENTS
9.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.12 WALKERS SHORTBREAD LTD
9.12.1 OVERVIEW
9.12.2 FINANCIAL PERFORMANCE
9.12.3 PRODUCT OUTLOOK
9.12.4 KEY DEVELOPMENTS
9.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.13 LOTUS BAKERIES NV
9.13.1 OVERVIEW
9.13.2 FINANCIAL PERFORMANCE
9.13.3 PRODUCT OUTLOOK
9.13.4 KEY DEVELOPMENTS
9.13.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.14 NESTLE SA
9.14.1 OVERVIEW
9.14.2 FINANCIAL PERFORMANCE
9.14.3 PRODUCT OUTLOOK
9.14.4 KEY DEVELOPMENTS
9.14.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.15 BURTON’S FOODS LTD
9.15.1 OVERVIEW
9.15.2 FINANCIAL PERFORMANCE
9.15.3 PRODUCT OUTLOOK
9.15.4 KEY DEVELOPMENTS
9.15.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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