by on June 22, 2022

Global Biscuits Market Overview

Rapid urbanization along with growing disposable income has driven the growth of the global biscuit market. Moreover, changing consumer preference for premium biscuits range coupled with the introduction of various new players in the market would be responsible for the growth of the biscuits market over the coming years. However, increasing competition, as well as the relatively high cost of materials would hinder the market growth.

According to 6Wresearch, the Global Biscuits Market size is anticipated to register growth during 2019-25. In terms of category, non-premium biscuits captured the majority of the market revenues in 2018, however, premium biscuits are expected to dominate market revenues over the next six years owing to changing the taste preference of consumers along with the changing marketing policies of the FMCG players. Moreover, increasing the population coupled with the growing trend of gifting premium biscuits would propel the growth of the Biscuits market throughout the forecast period.

North America and European markets together accounted for a major share of market demand in the Global Biscuits Market owing to the changing consumer habits. However, the Asia Pacific especially emerging economies such as China as well as India is expected to witness substantial growth during the forecast period owing to changing food consumption trends coupled with increasing disposable income of consumers in the region.

The global biscuits market is expected to gain traction in the coming years on the back of the growth of the FMCG industry along with the introduction of new variants and flavors which is taking away the sight of many consumers and is anticipated to benefit the Global biscuits market witness a progressive growth and a promising future in the coming timeframe. The increased demand for premium biscuits along with bigger packets is expected to trigger the potential growth of the Global biscuits market in the foreseeable future. Biscuits being one of the most widely consumed and widely affordable light time snacks is gaining the sight of many consumers of almost all ages and is anticipated to witness a significant growth potential in the coming years.

Key Highlights of the Report:

  • Global Biscuits Market Overview
  • Global Biscuits Market Outlook
  • Global Biscuits Market Price Trends
  • Market Drivers and Restraints
  • Porter’s Five Force Analysis
  • Global Biscuits Market Forecast
  • Market Opportunity Assessment
  • Global Biscuits Market Share, By Players
  • Company Profiles
  • Key Strategic Recommendations
  • Global Biscuits Market Trends and Distribution Life Cycle
  • Global Biscuits Market Share, By Regions
  • Global Biscuits Market Overview on Competitive Benchmarking

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