Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Form (Cream Filled, Coated), By Distribution Channel (Super Markets/ Hyper Markets, Convenience Stores, Online retailers, Others) And Competitive Landscape
Product Code: ETC076269 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Wafer Biscuit Market is expected to register growth in the coming future. Wafer biscuits are crispy and thin layered wafers that are often filled with cream. In the market, it is also available in a variety of flavours. They are used in the preparation of milkshakes and ice creams, sometimes also used for garnishing. The rise in urbanization plays a major role in the growth of wafer biscuits as it made people acknowledge the variety of products available in the market. Consumers changing lifestyle increased the demand for convenience food such as affordable wafer biscuits. Attractive Packing is one of the best ways to attract customers and increase sales. Wafer biscuits are high in fats, sugar and many flavouring agents which makes them a drawback for sales. The outbreak of corona has adversely affected the entire market as everything was shut down and people stopped buying the outside food and health consciousness made everyone stop eating wafer biscuits and other unhealthy products.
According to 6Wresearch, Asia Pacific Wafer Biscuit Market is anticipated to register growth during the forecast period 2021-2027. India, China, Japan, Australia, South Korea are the major operational countries in the Asia Pacific region. India and China are the driving force behind the growth rate in the Asian market as they have strong economic growth, steady increase in people income and rapid urbanization, people are consuming biscuits more often. The Japanese wafer biscuits market is a very mature and saturated market which proves to be quite different for companies to stimulate significant growth even with innovative product developments. Additionally, the Australian biscuit market aimed to get a high growth rate because of the growing preference for light snacks. Moreover, the increase in disposable income and demand for wafer biscuits among young consumers are the major boosting factors in Australia. The evolutionary scale of the wafer biscuits set trends by manufacturing both healthy and trendy snacks as most consumers preferring healthy snacks over the main meals. So, industries started introducing new fusion, healthier biscuit and snack options like chocolate bars, ice creams sandwich and cookies with different flavors and packaging that adds growth to the market.
The wafer biscuits market is divided into product, application and distribution channel. By product, the market is divided into a cream-filled and coated. Coated wafer biscuits dominate the market. By application, the market is segmented into sandwich cookies, ice cream decorations and wafer chocolate bars. Wafer chocolate bars such as munch, KitKat, etc., share a major part in the market. Based on the distribution channel, the market is classified into supermarkets, convenience stores, online retailers, in which the supermarkets are dominating the market over the others.
The Asia Pacific Wafer Biscuit Market report thoroughly covers the market by form, distribution channel and countries including India, China, Japan, Australia, Indonesia, Thailand and rest of Asia Pacific. Asia Pacific Wafer Biscuit market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Wafer Biscuit market opportunities/high growth area, trends, market drivers which would help the stakeholders to align their market strategies according to the current and future market dynamics.
Markets Covered
The report provides a detailed analysis of the following market segments:
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Wafer Biscuit Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Wafer Biscuit Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Wafer Biscuit Market - Industry Life Cycle |
3.4 Asia Pacific Wafer Biscuit Market - Porter's Five Forces |
3.5 Asia Pacific Wafer Biscuit Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Wafer Biscuit Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.7 Asia Pacific Wafer Biscuit Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 Asia Pacific Wafer Biscuit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Wafer Biscuit Market Trends |
6 Asia Pacific Wafer Biscuit Market, 2017 - 2027 |
6.1 Asia Pacific Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
6.2 Asia Pacific Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 China Wafer Biscuit Market, 2017 - 2027 |
7.1 China Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
7.2 China Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 India Wafer Biscuit Market, 2017 - 2027 |
8.1 India Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
8.2 India Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Japan Wafer Biscuit Market, 2017 - 2027 |
9.1 Japan Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
9.2 Japan Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 Australia Wafer Biscuit Market, 2017 - 2027 |
10.1 Australia Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
10.2 Australia Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Indonesia Wafer Biscuit Market, 2017 - 2027 |
11.1 Indonesia Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
11.2 Indonesia Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
12 Philippines Wafer Biscuit Market, 2017 - 2027 |
12.1 Philippines Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
12.2 Philippines Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
13 Malaysia Wafer Biscuit Market, 2017 - 2027 |
13.1 Malaysia Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
13.2 Malaysia Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
14 Rest of Asia Wafer Biscuit Market, 2017 - 2027 |
14.1 Rest of Asia Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
14.2 Rest of Asia Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Asia Pacific Wafer Biscuit Market Key Performance Indicators |
12 Asia Pacific Wafer Biscuit Market - Opportunity Assessment |
12.1 Asia Pacific Wafer Biscuit Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific Wafer Biscuit Market Opportunity Assessment, By Form, 2020 & 2027F |
12.3 Asia Pacific Wafer Biscuit Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
13 Asia Pacific Wafer Biscuit Market - Competitive Landscape |
13.1 Asia Pacific Wafer Biscuit Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Wafer Biscuit Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |