Biscuits Market Size, Share, and Forecast by 2027
Biscuits Market: Strategic Insights
Biscuits Market
-
CAGR (2018 - 2027)4.2% -
Market Size 2018
US$ 76.89 Billion -
Market Size 2027
US$ 111.08 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing disposable income
- Urbanization
- Changing lifestyles
- Growing middle class
- Rising health consciousness
- Innovation in flavors and textures
- E-commerce growth
- Global trade opportunities
- Government support for food processing industry
FUTURE TRENDS
- Clean label and minimally processed ingredients
- Plant-based and vegan biscuits
- Personalized nutrition and customized products
- Smart packaging solutions
- Increased focus on sustainability
- AI and machine learning in production and marketing
- E-commerce dominance
- Globalized supply chains
- Health and wellness focus
OPPORTUNITIES
- Premiumization and niche products
- Functional biscuits
- Organic and natural biscuits
- Gluten-free and diabetic-friendly biscuits
- Product diversification
- Geographic expansion
- Brand collaborations and partnerships
- Sustainability initiatives
- Digital marketing and social media
Key Players
- Britannia Industries Limited
- Burton s Biscuit Company
- ITC Ltd
- Kellogg Company
- Lotus Bakeries NV
- Mondelez International Inc
- Nestl S A
- United Biscuits UK Limited
- Parle Products Pvt Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - Sweet
- Savory
- Crackers
- Filled
- Wafers
Packaging - Pouches/Packets
- Boxes
- Jars
Distribution Channel - Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
Get Free Sample For