As per the study initiated by Evolve Business Intelligence, the global Biscuits Market size accounted for USD 108.5 Billion in 2022, growing at a CAGR of 6.1% from 2023 to 2030. The global biscuits market refers to the worldwide industry that produces and sells biscuits, which are small, baked, and typically sweet or savory snack items. Biscuits are a popular and versatile food product enjoyed by people of all ages and are commonly consumed as a convenient snack, dessert, or accompaniment to various beverages like tea, coffee, or milk.
The global biscuits market is influenced by factors such as changing consumer preferences, convenience, marketing strategies, innovation in flavors and ingredients, and evolving dietary trends.
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- The global Biscuits Market size was valued at USD 5 billion in 2022 growing at a CAGR of 6.1% from 2023 to 2030.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2030
Evolve Business Intelligence has published a new market research report on Global Biscuits Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Global Biscuits Market report also includes the following data points:
- COVID19 Impact on Global Biscuits Market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Global Biscuits Market
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Some of the major Global Biscuits Market players holding high market share include Burtons Foods Ltd., Danone Group, Jiashili Group and Kraft Foods. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- Burtons Foods Ltd.
- Danone Group
- Jiashili Group
- Kraft Foods
- Mondelez International
- Thomas Tunnock Limited
Market Segment By Type with focus on market share, consumption trend, and growth rate of Global Biscuits Market:
- Savoury Biscuits
- Sweet Biscuits
Market Segment By Sales Channel with focus on market share, consumption trend, and growth rate of Global Biscuits Market:
- Independent Bakeries
- Online Channels
- Convenience Stores
|Market Size (2022)||$ 108.5 Billion|
|CAGR (2023 to 2030)||6.1%|
|Market Segmentation||Type, Sales Channel|
|Country Covered||US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America|
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Global Global Biscuits Market Geographic Coverage:
- North America
- Nordic Countries
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence providesan understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
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