Market Overview

Global Biscuit Market Overview & Outlook 2018-2023: A $135 Billion Opportunity, Growing at a CAGR of 5% - Savoury Biscuit is the Leading Category - ResearchAndMarkets.com

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The "Global
Biscuit Market - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to ResearchAndMarkets.com's
offering.

The global biscuits market is expected to reach USD 135 billion by 2023,
at a CAGR of 5%.

The market for biscuits is very promising. The biscuits market is all
about effective decision-making and strategic planning as to how to
sell, what kind of packaging should be done, what the pricing strategy
will be, etc. Product innovations are changing the market dynamics
globally.

Increasing Demand for Convenience Food is Driving the Market
Growth

Demand for biscuits is increasing due to the innovative packaging, new
flavors, shapes, technologies. The major factors driving the growth of
the biscuits market are the increasing preference for convenience and
snacking.

Expanding demand for healthy snacks and increase in per capita
consumption in developing countries are also driving the global biscuits
market.

Demand for natural and GMO free products is high, which is a great
opportunity for the market players. The proliferation of supermarkets
and hypermarkets has led to an increased visibility of the biscuits
available in the market.

High raw material cost and growing tax burden on the industry would
restrain the biscuit market growth in the near future. The growing
interest in premium products would provide future growth opportunities.

Key Highlights

  • Savoury Biscuit is the Leading Category
  • Europe is Leading at the Regional Front

Developments in the Market

  • May 2016 - The FMCG giant ITC is focusing on tapping the niche market
    for health biscuits, which includes digestive biscuits. To compete
    with brands, like Britannia Nutri Choice, McVities Digestive, and
    Parle Simply Good, the company launched Sunfeast Farmlite digestive
    biscuits in India.
  • October 2015 - Mondelez International produces Oreo in Russia and
    plans to enhance distribution and marketing support to leverage the
    brand.

Key Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Market Analysis

6. Competitive Landscape

7. Company Profiles

  • Arnotts Biscuits Limited
  • Britannia
  • Burtons Biscuits
  • Dali Group
  • Danesita
  • Kelloggs
  • Kraft Foods
  • McVities
  • Mondelez International
  • Nestle
  • Parle Products Pvt. Ltd.
  • United Biscuits

For more information about this report visit https://www.researchandmarkets.com/research/2p3p74/global_biscuit?w=4

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