Global Biscuits Market (2024-2030) | Outlook Revenue, Growth, Trends, Share, Size, Forecast, Industry, Analysis, Value & Companies

Global Biscuits Market Highlights

Report Name	Global Biscuits Market
Forecast period	2024-2030
CAGR	6%
Growing Sector	Premium Biscuits Market

Topics Covered in the Global Biscuits Market

The Global Biscuits Market report thoroughly covers the market by types, category, distribution, and region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Biscuits Market Synopsis

The Global Biscuits Market is expected to experience a steady growth during the forecast. This can be attributed to factors such as increasing urbanization, growing demand for convenience food options and changing dietary habits of consumers. The rise in e-commerce platforms has also made it easier for consumers to access a variety of biscuit products, contributing to the market's growth.

According to 6Wresearch, Global Biscuits Market size is expected to grow at a CAGR 6% during 2024-2030. The global biscuit market is expanding due to a number of causes. Convenient and transportable snacks like biscuits are in higher demand as a result of the growing tendency of people snacking in between meals. This tendency has also been influenced by customers' busy lifestyles, who are looking for quick and simple meal options. The need for low-fat and gluten-free products, along with growing health consciousness, has further increased demand for better biscuit substitutes.

Global Biscuits Market: Leading Players

The global biscuits market is highly competitive, with several key players dominating the market share. Some of these key players include Mondelez International, Kellogg Company, Parle Products Pvt Ltd., Britannia Industries Ltd., and Nestle SA. These companies are continuously innovating their product offerings to meet consumer demands and remain competitive in the market.

Global Biscuits Market: Government Regulations

To assist the expansion of the biscuit business, numerous government programs have been put into place worldwide. These include of laws that support food safety and quality requirements, financial aid for producers who use environmentally friendly production techniques, and tax breaks that encourage the consumption of healthful foods. With the goal of fostering a supportive atmosphere for producers, these measures hope to fuel market expansion.

Future Insights of the Market

In the upcoming years, it is anticipated that the global biscuit market will continue to rise steadily due to factors like evolving customer preferences and cutting-edge product offerings. It is also anticipated that the growing popularity of between-meal snacking and rising health consciousness will fuel this expansion. Additionally, it's possible that future biscuit selections will be more useful and healthful due to developments in manufacturing techniques and technology. Manufacturers can reach a larger consumer base as e-commerce platforms expand, opening up new potential for market expansion. All things considered, the future of the worldwide biscuit market appears bright, with ongoing developments and a conducive climate propelling its expansion.

Market Segmentation by Types

According to Dhaval, Research Manager, 6Wresearch, the functional/energetic biscuits segment is expected to see the highest growth in demand. This can be attributed to increasing health consciousness among consumers and a growing trend towards healthier snacking options. Functional biscuits offer added nutritional benefits, such as vitamins and minerals, making them a popular choice for health-conscious individuals.  Additionally, with advancements in technology and production processes, manufacturers are able to offer a wider range of functional biscuit options, catering to different dietary needs and preferences. As a result, this segment is expected to witness significant growth in demand in the coming years.

Market Segmentation by Category

the premium biscuits segment is expected to see a higher growth in demand. This can be attributed to consumers' increasing willingness to spend more on indulgent and high-quality products. Additionally, manufacturers are continuously introducing new premium biscuit options with unique flavors and ingredients, which attract consumers looking for a more gourmet experience. As a result, this segment is likely to witness significant growth in demand in the future.  However, non-premium biscuits also hold a significant market share as they cater to the needs of price-sensitive consumers who still want a convenient snack option.  In conclusion, both segments offer potential for growth in the global biscuits market.

Market Segmentation by Distribution

the online retail segment is expected to see the highest growth in demand. This can be attributed to the increasing popularity of e-commerce platforms and consumers' preference for online shopping. The convenience and ease of ordering biscuits online, along with a wider range of options, make it an attractive option for consumers. Additionally, manufacturers can reach a wider consumer base through this channel, contributing to its growth. However, traditional distribution channels such as supermarkets & hypermarkets and convenience stores still hold a significant market share due to their wide presence and convenience for consumers.

Market Segmentation by Regions

Asia-Pacific is expected to see the highest growth in demand for biscuits. This can be attributed to the large population and increasing disposable incomes in countries such as India and China. Additionally, a growing trend towards snacking between meals and a preference for convenience foods are also factors contributing to this growth. Europe and North America also hold significant market shares due to their established biscuit industries and consumer preferences for indulgent snack options. As global brands continue to expand their presence in these regions, we can expect further growth in demand for biscuits. The Middle East & Africa region is also seeing a rise in demand for biscuits due to changing dietary habits and increasing urbanization.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Global Biscuits Market Overview
• Global Biscuits Market Outlook
• Global Biscuits Market Forecast
• Historical Data of Global Biscuits Market Revenues & Volume for the Period 2020-2030
• Global Biscuits Market Size and Global Biscuits Market Forecast of Revenues & Volume, Until 2030
• Historical Data of Global Biscuits Market Revenues & Volume, by Types, for the Period 2020-2030
• Market Size & Forecast of Global Biscuits Market Revenues & Volume, by Types, Until 2030
• Historical Data of Global Biscuits Market Revenues & Volume, by Distribution, for the Period 2020-2030
• Market Size & Forecast of Global Biscuits Market Revenues & Volume, by Distribution, Until 2030
• Historical Data of Global Biscuits Market Revenues, By Category, for the Period 2020-2030
• Market Size & Forecast of Global Biscuits Market Revenues, By Category, Until 2030
• Historical Data of North America Biscuits Market Revenues, for the Period 2020-2030
• Market Size & Forecast of North America Biscuits Market Revenues, Until 2030
• Historical Data of Latin America Biscuits Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Latin America Biscuits Market Revenues, Until 2030
• Historical Data of Europe Biscuits Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Europe Biscuits Market Revenues, Until 2030
• Historical Data of Asia Pacific Biscuits Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Asia Pacific Biscuits Market Revenues, Until 2025
• Historical Data of the Middle East & Africa Biscuits Market Revenues, for the Period 2020-2030
• Market Size & Forecast of the Middle East & Africa Biscuits Market Revenues, Until 2030
• Market Drivers and Restraints
• Global Biscuits Market Price Trends
• Global Biscuits Market Trends and Distribution Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Biscuits Market Share, By Players
• Global Biscuits Market Share, By Regions
• Global Biscuits Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Biscuits Market report provides a detailed analysis of the following market segments

By Types

• Crackers & Savory Biscuits
• Sweet Biscuits
• Functional/ Energetic

By Category

• Premium Biscuits
• Non-Premium Biscuits

By Distribution

• Supermarkets & Hypermarkets
• Convenience Stores
• Specialist Stores
• Online Retail
• Others

By Regions

• North America
• Latin America
• Europe
• Asia-Pacific
• Middle East & Africa