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Biscuits Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

March 2023 | 145 pages | ID: B1EAEDE76B1DEN
IMARC Group

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The global biscuits market size reached US$ 117.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 159.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

Biscuits refer to flour-based baked products that are generally unleavened, hard and flat. They are made using flour, fat (butter or shortening), liquid (buttermilk or milk), chemical leavening agent (baking soda or baking powder), eggs and other ingredients. Most biscuits are usually sweet and can also comprise sugar, jam, cinnamon, icing, chocolate, and ginger. On the other hand, some are savory and, therefore, taste like crackers. Biscuits are one of the most popular packaged snacks, which are widely consumed by individuals of all age groups across the globe. Nowadays, they are available in various shapes, flavors, toppings, fillings, and colors.

Biscuits Market Trends:
Biscuits are a rich source of essential nutrients, including fibers, carbohydrates and fats, due to which their demand has increased globally. The growing awareness about these product ingredients and benefits among the masses represents the primary factor driving the market growth. Besides this, with the rising health consciousness, consumers are shifting toward healthy snacking options, which represents another major growth-inducing factor. Additionally, several leading manufacturers are launching innovative product variants, such as low-calorie, sugar-free, oat-based, nut-based, and high-fiber biscuits in attractive packaging to expand their customer base and gain a competitive edge. This, in confluence with the heavy investments in aggressive promotional activities by key players, is driving the market growth. Furthermore, the emerging trend of food-on-the-go and the increasing consumption of bakery products due to hectic lifestyles, inflating disposable incomes, and changing dietary habits are catalyzing the market growth. Other factors, including rapid urbanization, product premiumization, technological advancements, and easy product availability via online and offline retail channels, are also creating a positive market outlook.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global biscuits market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, ingredient, packaging type and distribution channel.

Breakup by Product Type:

Crackers and Savory Biscuits
Plain Crackers
Flavored Crackers
Sweet Biscuits
Plain Biscuits
Cookies
Sandwich Biscuits
Chocolate-coated Biscuits
Others

Breakup by Ingredient:

Wheat
Oats
Millets
Others

Breakup by Packaging Type:

Pouches/Packets
Jars
Boxes
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Independent Bakery
Online Stores
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bahlsen GmbH & Co. KG, Britannia Industries Limited, Burton's Biscuit Company, ITC Limited, Kellogg Company, Lotus Bakeries Corporate, Mondelez International Inc., NestlŠ¹ S.A., Parle Products Private Limited, Pladis Global and Walker's Shortbread.

Key Questions Answered in This Report:
How has the global biscuits market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global biscuits market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the ingredient?
What is the breakup of the market based on the packaging type?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global biscuits market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL BISCUITS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT TYPE

6.1 Crackers and Savory Biscuits
  6.1.1 Market Trends
  6.1.2 Key Segments
    6.1.2.1 Plain Crackers
    6.1.2.2 Flavored Crackers
  6.1.3 Market Forecast
6.2 Sweet Biscuits
  6.2.1 Market Trends
  6.2.2 Key Segments
    6.2.2.1 Plain Biscuits
    6.2.2.2 Cookies
    6.2.2.3 Sandwich Biscuits
    6.2.2.4 Chocolate-coated Biscuits
    6.2.2.5 Others
  6.2.3 Market Forecast

7 MARKET BREAKUP BY INGREDIENT

7.1 Wheat
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Oats
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Millets
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Others
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY PACKAGING TYPE

8.1 Pouches/Packets
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Jars
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Boxes
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Others
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY DISTRIBUTION CHANNEL

9.1 Supermarkets and Hypermarkets
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Convenience Stores
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Independent Bakery
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Online Stores
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 Others
  9.5.1 Market Trends
  9.5.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Bahlsen GmbH & Co. KG
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
  15.3.2 Britannia Industries Limited
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
    15.3.2.3 Financials
    15.3.2.4 SWOT Analysis
  15.3.3 Burton's Biscuit Company
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
  15.3.4 ITC Limited
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
    15.3.4.3 Financials
    15.3.4.4 SWOT Analysis
  15.3.5 Kellogg Company
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
    15.3.5.3 Financials
    15.3.5.4 SWOT Analysis
  15.3.6 Lotus Bakeries Corporate
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
    15.3.6.3 Financials
  15.3.7 Mondelez International Inc.
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
    15.3.7.3 Financials
    15.3.7.4 SWOT Analysis
  15.3.8 NestlŠ¹ S.A.
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
    15.3.8.3 Financials
    15.3.8.4 SWOT Analysis
  15.3.9 Parle Products Private Limited
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
  15.3.10 Pladis Global
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
  15.3.11 Walker's Shortbread
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Biscuits Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Biscuits Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Biscuits Market Forecast: Breakup by Ingredient (in Million US$), 2023-2028
Table 4: Global: Biscuits Market Forecast: Breakup by Packaging Type (in Million US$), 2023-2028
Table 5: Global: Biscuits Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 6: Global: Biscuits Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Biscuits Market: Competitive Structure
Table 8: Global: Biscuits Market: Key Players


LIST OF FIGURES

Figure 1: Global: Biscuits Market: Major Drivers and Challenges
Figure 2: Global: Biscuits Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Biscuits Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Biscuits Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Biscuits Market: Breakup by Ingredient (in %), 2022
Figure 6: Global: Biscuits Market: Breakup by Packaging Type (in %), 2022
Figure 7: Global: Biscuits Market: Breakup by Distribution Channel (in %), 2022
Figure 8: Global: Biscuits Market: Breakup by Region (in %), 2022
Figure 9: Global: Biscuits (Crackers and Savory Biscuits) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Biscuits (Crackers and Savory Biscuits) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Biscuits (Sweet Biscuits) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Biscuits (Sweet Biscuits) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Biscuits (Wheat) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Biscuits (Wheat) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Biscuits (Oats) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Biscuits (Oats) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Biscuits (Millets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Biscuits (Millets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Biscuits (Other Ingredients) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Biscuits (Other Ingredients) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Biscuits (Pouches/Packets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Biscuits (Pouches/Packets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Biscuits (Jars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Biscuits (Jars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Biscuits (Boxes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Biscuits (Boxes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Biscuits (Other Packaging Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Biscuits (Other Packaging Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Biscuits (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Biscuits (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Biscuits (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Biscuits (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Biscuits (Independent Bakery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Biscuits (Independent Bakery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Biscuits (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Biscuits (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Biscuits (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Biscuits (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: North America: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: North America: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: United States: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: United States: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Canada: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Canada: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Asia-Pacific: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Asia-Pacific: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: China: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: China: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Japan: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Japan: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: India: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: India: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: South Korea: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: South Korea: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Australia: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Australia: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Indonesia: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Indonesia: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Europe: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Europe: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Germany: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Germany: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: France: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: France: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: United Kingdom: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: United Kingdom: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Italy: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Italy: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Spain: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Spain: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Russia: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Russia: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Latin America: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Latin America: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Brazil: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Brazil: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Mexico: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Mexico: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Middle East and Africa: Biscuits Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Middle East and Africa: Biscuits Market: Breakup by Country (in %), 2022
Figure 87: Middle East and Africa: Biscuits Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Biscuits Industry: SWOT Analysis
Figure 89: Global: Biscuits Industry: Value Chain Analysis
Figure 90: Global: Biscuits Industry: Porter's Five Forces Analysis


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