Global Biscuits Market Size, Trends, By Type (Crackers and Savoury Biscuits and Sweet Biscuits), By Ingredient (Flour, Sugar, Butter, Chocolate, Milk and Cream), By Product (Rich Tea, Bourbon, Plain Biscuits, Chocolate Coated Biscuits, and Filled Biscuits), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Retailers, Online Retailers, and Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030
Global Biscuits Market
The Global Biscuits Market was valued at USD 115.3 billion in 2022 and is expected to reach 172.3 billion by 2030, at a CAGR 4.47% during the forecast period 2023- 2030
Biscuits have been made with flour, sugar, butter, milk, and chocolate. The biscuit industry depends on product innovation for new flavors, tastes, forms, and appealing packaging, which automatically increases sales. Consumer tastes for low-sugar, low-calorie, healthy biscuits are changing, and this is driving up consumer understanding of ingredients and health advantages in the worldwide biscuit business. The top market firms produce their goods by consumer tastes to maintain market share and uncover unexplored markets.
Market Drivers
Due to product advancements in the industry and the use of premium ingredients, the demand for biscuits has been on the rise. The attention of millennials who prefer ready-to-eat meals and tend to stay fit is being drawn to biscuits, which come in varieties including multiple grains, Ragi, Oats, and others. Additionally, bakery producers draw customers with creative packaging techniques, which is expected to promote expansion.
The market for biscuits is expanding due to consumers' growing demand for convenience and snacking. The demand for biscuits is also rising as a result of new flavors, packaging innovations, ingredient additions, and technological advancements.
Market Restraints
With rising costs for raw materials and the industry's mounting tax burden, the biscuit market will likely encounter difficulties shortly. Additionally, a shortage of food ingredients will pose a problem for the biscuits industry. It is predicted that a hike in tax rates, coupled with a shortage of food ingredients and labor, will constrain market expansion.
Market Segmentation
The scope of the Global Biscuits Market covers segmentation based on Type, Ingredient, Product, and Distribution Channel.
Based on Type, the market is divided into Crackers and Savoury Biscuits and Sweet Biscuits.
Based on Ingredient, the market is classified into Flour, Sugar, Butter, Chocolate, Milk, and Cream.
Based on Product, the market is bifurcated into Rich Tea, Bourbon, Plain Biscuits, Chocolate Coated Biscuits, and Filled Biscuits.
Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Specialty Retailers, Online Retailers, and Others.
Regional Analysis
The Global Biscuits Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Europe is estimated to account for the highest market revenue in the coming years due to the consumers in Europe's growing need for quick snacks made with nutritious components. The region's demand for healthy biscuits is rising as a result of 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.
Key Development
In March 2022, Mondelez International finalized the acquisition of Chipita Global SA, a leader in croissants and baked snacks like cake bars, biscuits, and bagel chips with strong growth in Europe.
In March 2021, Gourmet Food Holdings Pty Ltd, an Australian food business that sells high-end crackers and biscuits, was acquired by Mondelez International. Through this acquisition, Mondelez hopes to strengthen its position as the market leader for snacks in Australia and New Zealand.
Key Players
Nestlé UK Ltd., Kellogg Company, Burton's Foods Ltd, ITC, United Biscuits, Walkers Shortbread Ltd., Britannia Industries Ltd., Parle Products Pvt. Ltd., Lotus Bakeries NV, Cadbury
Market Taxonomy
By Type
• Crackers and Savoury Biscuits
• Sweet Biscuits
By Ingredient
• Flour
• Sugar
• Butter
• Chocolate
• Milk
• Cream
By Product
• Rich Tea
• Bourbon
• Plain Biscuit
• Chocolate Coated Biscuits
• Filled Biscuits
By Distribution Channel
• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Retailers
• Online Retailers
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
By Region
• North America
• U.S.
• Canada
• Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Bonsai Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Biscuits Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Biscuits Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Biscuits Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Biscuits Market Share Analysis, By Type
5.3 Global Biscuits Market Size and Forecast, By Type
5.3.1 Crackers
5.3.2 Savoury Biscuits
5.3.3 Sweet Biscuits
6 Global Biscuits Market, By Ingredient
6.1 Y-o-Y Growth Comparison, By Ingredient
6.2 Global Biscuits Market Share Analysis, By Ingredient
6.3 Global Biscuits Market Size and Forecast, By Ingredient
6.3.1 Flour
6.3.2 Sugar
6.3.3 Butter
6.3.4 Chocolate
6.3.5 Milk and Cream
8 Global Biscuits Market, By Product
8.1 Y-o-Y Growth Comparison, By Product
8.2 Global Biscuits Market Share Analysis, By Product
8.3 Global Biscuits Market Size and Forecast, By Product
8.3.1 Rich Tea
8.3.2 Bourbon
8.3.3 Plain Biscuits
8.3.4 Chocolate Coated Biscuits
8.3.5 Filled Biscuits
9 Global Biscuits Market, By Distribution Channel
9.1 Y-o-Y Growth Comparison, By Distribution Channel
9.2 Global Biscuits Market Share Analysis, By Distribution Channel
9.3 Global Biscuits Market Size and Forecast, By Distribution Channel
9.3.1 Supermarkets/Hypermarkets
9.3.2 Convenience Stores
9.3.3 Specialty Retailers
9.3.4 Online Retailers
9.3.5 Others
10 Global Biscuits Market, By Region
10.1 Global Biscuits Market Share Analysis, By Region
10.2 Global Biscuits Market Size and Forecast, By Region
11 North America Biscuits Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 North America Biscuits Market Share Analysis, By Type
11.3 North America Biscuits Market Size and Forecast, By Ingredient
11.4 North America Biscuits Market Size and Forecast, By Product
11.5 North America Biscuits Market Size and Forecast, By Distribution Channel
11.6 North America Biscuits Market Size and Forecast, By Country
11.6.1 U.S.
11.6.2 Canada
11.6.3 Mexico
12 Europe Biscuits Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Europe Biscuits Market Share Analysis, By Type
12.3 Europe Biscuits Market Size and Forecast, By Ingredient
12.4 Europe Biscuits Market Size and Forecast, By Product
12.5 Europe Biscuits Market Size and Forecast, By Distribution Channel
12.6 Europe Biscuits Market Size and Forecast, By Country
12.6.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Biscuits Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Asia Pacific Biscuits Market Share Analysis, By Type
13.3 Asia Pacific Biscuits Market Size and Forecast, By Ingredient
13.4 Asia Pacific Biscuits Market Size and Forecast, By Product
13.5 Asia Pacific Biscuits Market Size and Forecast, By Distribution Channel
13.6 Asia Pacific Biscuits Market Size and Forecast, By Country
13.6.1 China
13.6.2 Japan
13.6.3 India
13.6.4 Rest of Asia Pacific
14 6atin America Biscuits Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Latin America Biscuits Market Share Analysis, By Type
14.3 Latin America Biscuits Market Size and Forecast, By Ingredient
14.4 Latin America Biscuits Market Size and Forecast, By Product
14.5 Latin America Biscuits Market Size and Forecast, By Distribution Channel
14.6 Latin America Biscuits Market Size and Forecast, Country
14.6.1 Brazil
14.6.2 Rest of Latin America
15 Middle East Biscuits Market Analysis and Forecast (2023-2030)
15.1 Introduction
15.2 Middle East Biscuits Market Share Analysis, By Type
15.3 Middle East Biscuits Market Size and Forecast, By Ingredient
15.4 Middle East Biscuits Market Size and Forecast, By Product
15.5 Middle East Biscuits Market Size and Forecast, By Distribution Channel
15.6 Middle East Biscuits Market Size and Forecast, By Country
15.6.1 Saudi Arabia
15.6.2 UAE
15.6.3 Egypt
15.6.4 Kuwait
15.6.5 South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Nestlé UK Ltd.
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Kellogg Company
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Burton's Foods Ltd
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 ITC
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 United Biscuits
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Walkers Shortbread Ltd.
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Britannia Industries Ltd.
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Parle Products Pvt. Ltd.
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Lotus Bakeries NV
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Cadbury
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies
