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The global biscuits market was worth 108.49 billion US dollars in 2023. From 2023 to 2031, the biscuits market is expected to expand from 115.23 billion USD in 2024 to 172.33 billion USD, a CAGR (compound annual growth rate) of 7.90%.
Market forces propelling the global business forward include the growing number of urban residents and the rising need for portable snacks, especially in developed and developing countries. Additional economic drivers that are encouraging the growth of such trade sectors include increased disposable money, the beginning of settled lives, and faster urbanization. In order to make biscuits, you'll need flour, either sugar or salt, melted butter or vegetable oil, and baking powder. These snack foods are baked goods made with flour. There is a wide range of textures, flavors, and sorts of these dishes. Although most biscuits have a sweet taste due to the sugar or honey they contain, there are savory and salty variants.
In order to make biscuits, you'll need flour, sugar, butter, leavening agents, and other flavorful ingredients. Biscuits are baked treats that can have many different shapes, flavors, textures, and feelings. You can make biscuits with almost anything: nuts, chocolate flavor, sandwich filling, milk, chocolates, fruit, jam, Chocó chips, or even cocoa. As a snack rather than a main course, biscuits are a global phenomenon. Petite biscuits often have a salty or sweet taste. Biscuits are everywhere, easy to make, and won't break the bank. You can eat it for months and it keeps well.
Consumers continued to stock up on things with a long shelf life, such as biscuits, even during the epidemic, which led to a stable market for these products. Nutritional biscuits made of oats and nuts were in high demand, though, because customers wanted easy, healthful snack options. There has been continuous expansion in the biscuit business since biscuits are a popular snack for people of all ages. Biscuits come in all forms, sizes, flavors, and creams, but kids love them the most. As a result, companies in the industry are creating biscuits with kids in mind. As an example, Koobi 5D Fun Milk Biscuits and Chocolate were introduced to the Malaysian market in April 2023. The theory is that giving a youngster animal-shaped biscuits in milk or chocolate flavors will help them learn and grow cognitively.
Biscuits, cookies, crackers, and scones—all of which are clean-label and gluten-free—have seen a meteoric rise in demand in recent years, thanks to increasing disposable incomes and the growing popularity of free-from products in countries all over the world. This holds truest throughout the Asia-Pacific region. One of the main reasons why people prefer gluten-free products is because celiac disease is so common in some parts of the world. One out of every one hundred persons have celiac disease, says the Coeliac Organization of the United Kingdom. Similarly, 1% of the US population, or around 1 in 133 people, suffered from celiac disease in 2021, as reported by the Beyond Celiac Organization.
As a result, gluten-free options are more popular. Players in the market are also putting a lot of effort into developing gluten-free, high-calorie, and fiber-rich products to cater to the demand. One example is the gluten-free Tiny Teddy, Scotch Finger, and Choc Ripple that were introduced in July 2021 by Arnott's business. These products are made with a gluten-free blend of corn, soy, rice, sorghum, and tapioca. Demand for nutritious goods and clean-label products is on the rise, which is driving market expansion. Claims on product labels such as "no artificial ingredients," "non-GMO," and "reduced sugar" have let consumers covertly reap benefits from many product introductions throughout the years. Therefore, the market CAGR is being driven by this aspect.
In addition, the industry is expected to experience substantial growth in the next years as a result of increasing urbanization. The term "urbanisation" is used to describe the process of settling into condensed areas in order to build cities. Land is transformed for many purposes such as housing, commerce, industry, and transportation due to this concentration. Changes to food systems around the world are influenced by urbanization, which influences consumer tastes and the distribution of food demand. As an example, in April 2023, the World Economic Forum—a non-governmental and lobbying organization based in Switzerland—predicted that 80% of the global population would reside in urban areas by 2050. Eighty percent of the world's population, or about 4.3 billion people, will live in urban areas by 2050.
Biscuit sales were positively and negatively affected by the COVID-19 epidemic. Disruptions in global supply chains led to factory closures or reduced staffing levels, which in turn led to low output and a negative market impact. Additionally, biscuits and other long-lasting products became less available because customers stacked them. However, the desire for wholesome biscuits made with oats or nuts was driven by consumers looking for easy, nutritious snack options.
Report Coverage
Global Biscuits research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Biscuits report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Biscuits competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Biscuits market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Biscuits market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Biscuits market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ITC Limited (India), Kambly SA (Switzerland),vMondelez International (US), PepsiCo (US), The Kraft Heinz Company (US), Annie's Homegrown, Inc. (US), Parle Products Pvt. Ltd. (India), Patanjali Ayurved (India), Britannia (India), Kellogg Co (US), pladis global (UK), Walkers Shortbread Ltd (UK), Lotus Bakeries NV (Belgium), Nestle SA (Switzerland), Burton’s Foods Ltd. (UK)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Biscuits market based on the below-mentioned segments:
Global Biscuits Market, By Type
Crackers and savoury biscuits
Plain crackers
Flavoured crackers
Sweet biscuits
Plain biscuits
Cookies
Sandwich biscuits
Chocolate-coated biscuits
Other sweet biscuits
Global Biscuits market, By Products
Rich tea
Bourbon
Plain biscuits
Chocolate coated biscuits
Filled biscuits
Global Biscuits Market, By Distribution channel
Supermarkets
Hypermarkets
Convenience stores
Online Retail stores
Online
Global Biscuits market, Regional Analysis
Market forces propelling the global business forward include the growing number of urban residents and the rising need for portable snacks, especially in developed and developing countries. Additional economic drivers that are encouraging the growth of such trade sectors include increased disposable money, the beginning of settled lives, and faster urbanization. In order to make biscuits, you'll need flour, either sugar or salt, melted butter or vegetable oil, and baking powder. These snack foods are baked goods made with flour. There is a wide range of textures, flavors, and sorts of these dishes. Although most biscuits have a sweet taste due to the sugar or honey they contain, there are savory and salty variants.
In order to make biscuits, you'll need flour, sugar, butter, leavening agents, and other flavorful ingredients. Biscuits are baked treats that can have many different shapes, flavors, textures, and feelings. You can make biscuits with almost anything: nuts, chocolate flavor, sandwich filling, milk, chocolates, fruit, jam, Chocó chips, or even cocoa. As a snack rather than a main course, biscuits are a global phenomenon. Petite biscuits often have a salty or sweet taste. Biscuits are everywhere, easy to make, and won't break the bank. You can eat it for months and it keeps well.
Consumers continued to stock up on things with a long shelf life, such as biscuits, even during the epidemic, which led to a stable market for these products. Nutritional biscuits made of oats and nuts were in high demand, though, because customers wanted easy, healthful snack options. There has been continuous expansion in the biscuit business since biscuits are a popular snack for people of all ages. Biscuits come in all forms, sizes, flavors, and creams, but kids love them the most. As a result, companies in the industry are creating biscuits with kids in mind. As an example, Koobi 5D Fun Milk Biscuits and Chocolate were introduced to the Malaysian market in April 2023. The theory is that giving a youngster animal-shaped biscuits in milk or chocolate flavors will help them learn and grow cognitively.
Biscuits, cookies, crackers, and scones—all of which are clean-label and gluten-free—have seen a meteoric rise in demand in recent years, thanks to increasing disposable incomes and the growing popularity of free-from products in countries all over the world. This holds truest throughout the Asia-Pacific region. One of the main reasons why people prefer gluten-free products is because celiac disease is so common in some parts of the world. One out of every one hundred persons have celiac disease, says the Coeliac Organization of the United Kingdom. Similarly, 1% of the US population, or around 1 in 133 people, suffered from celiac disease in 2021, as reported by the Beyond Celiac Organization.
As a result, gluten-free options are more popular. Players in the market are also putting a lot of effort into developing gluten-free, high-calorie, and fiber-rich products to cater to the demand. One example is the gluten-free Tiny Teddy, Scotch Finger, and Choc Ripple that were introduced in July 2021 by Arnott's business. These products are made with a gluten-free blend of corn, soy, rice, sorghum, and tapioca. Demand for nutritious goods and clean-label products is on the rise, which is driving market expansion. Claims on product labels such as "no artificial ingredients," "non-GMO," and "reduced sugar" have let consumers covertly reap benefits from many product introductions throughout the years. Therefore, the market CAGR is being driven by this aspect.
In addition, the industry is expected to experience substantial growth in the next years as a result of increasing urbanization. The term "urbanisation" is used to describe the process of settling into condensed areas in order to build cities. Land is transformed for many purposes such as housing, commerce, industry, and transportation due to this concentration. Changes to food systems around the world are influenced by urbanization, which influences consumer tastes and the distribution of food demand. As an example, in April 2023, the World Economic Forum—a non-governmental and lobbying organization based in Switzerland—predicted that 80% of the global population would reside in urban areas by 2050. Eighty percent of the world's population, or about 4.3 billion people, will live in urban areas by 2050.
Biscuit sales were positively and negatively affected by the COVID-19 epidemic. Disruptions in global supply chains led to factory closures or reduced staffing levels, which in turn led to low output and a negative market impact. Additionally, biscuits and other long-lasting products became less available because customers stacked them. However, the desire for wholesome biscuits made with oats or nuts was driven by consumers looking for easy, nutritious snack options.
Report Coverage
Global Biscuits research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Biscuits report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Biscuits competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Biscuits market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | ITC Limited (India), Kambly SA (Switzerland),vMondelez International (US), PepsiCo (US), The Kraft Heinz Company (US), Annie's Homegrown, Inc. (US), Parle Products Pvt. Ltd. (India), Patanjali Ayurved (India), Britannia (India), Kellogg Co (US), pladis global (UK), Walkers Shortbread Ltd (UK), Lotus Bakeries NV (Belgium), Nestle SA (Switzerland), Burton’s Foods Ltd. (UK) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Biscuits Market from 2021 to 2031.
- Market Forecast for Biscuits Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Biscuits competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Biscuits
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Biscuits market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Biscuits market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ITC Limited (India), Kambly SA (Switzerland),vMondelez International (US), PepsiCo (US), The Kraft Heinz Company (US), Annie's Homegrown, Inc. (US), Parle Products Pvt. Ltd. (India), Patanjali Ayurved (India), Britannia (India), Kellogg Co (US), pladis global (UK), Walkers Shortbread Ltd (UK), Lotus Bakeries NV (Belgium), Nestle SA (Switzerland), Burton’s Foods Ltd. (UK)
Primary Target Market
- Market Players of Biscuits
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Biscuits market based on the below-mentioned segments:
Global Biscuits Market, By Type
Crackers and savoury biscuits
Plain crackers
Flavoured crackers
Sweet biscuits
Plain biscuits
Cookies
Sandwich biscuits
Chocolate-coated biscuits
Other sweet biscuits
Global Biscuits market, By Products
Rich tea
Bourbon
Plain biscuits
Chocolate coated biscuits
Filled biscuits
Global Biscuits Market, By Distribution channel
Supermarkets
Hypermarkets
Convenience stores
Online Retail stores
Online
Global Biscuits market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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