Global Biscuits Market report from Global Insight Services is the single authoritative source of intelligence on Biscuits Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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A biscuit is a small, flat, sweet cake that is typically made from flour, sugar, butter, eggs, and baking powder. Biscuits are often served with a meal or as a snack, and they can be either savory or sweet. Sweet biscuits are often made with sugar and spices, while savory biscuits are typically made with cheese or other savory ingredients.
Key Trends
Some of the key trends in biscuits technology include:
- Increasing demand for healthier biscuits: Consumers are becoming increasingly health-conscious and are therefore seeking out healthier biscuit options. This has led to a rise in the production of biscuits made with healthy ingredients such as whole wheat, oats, and fruit.
- Innovation in flavours and textures: Biscuit manufacturers are constantly innovating in order to create new and exciting flavours and textures that will appeal to consumers. Some of the latest trends include biscuits with unusual flavours such as matcha or Earl Grey, as well as innovative textures such as crumbly, melt-in-the-mouth biscuit bites.
- Increasing demand for premiumization: Consumers are willing to pay more for higher-quality biscuits, which has led to an increase in the production of premium biscuits made with premium ingredients.
- Increased focus on sustainability: Biscuit manufacturers are increasingly focusing on sustainability, with many now using sustainable ingredients and packaging. This is in response to consumer demand for more environmentally-friendly products.
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Key Drivers
There are several key drivers of the biscuits market. Firstly, biscuits are a convenient and easy-to-eat snack food, which makes them popular with consumers. Secondly, biscuits are relatively affordable, meaning that they are within reach of a wide range of consumers. Thirdly, biscuits come in a wide variety of flavours, shapes and sizes, meaning that there is something to suit everyone’s taste. Finally, biscuits have a long shelf life and can be stored for a long time, meaning that they are a convenient food to have on hand.
Market Segmentation
The Biscuits Market is segmented by product, application, vertical, and region. By product, the market is divided into plain biscuits, chocolate biscuits, salted, and others. By application, the market is bifurcated into breakfast meal, on-the-go food, snacks, and others. By vertical, the market is classified into food & beverage, healthcare & nutrition, bakery products, and others. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.
Key Players
The key players in the Biscuits Market are Nestlé UK Ltd., Kellogg Company, Burton’s Foods Ltd., ITC, United Biscuits, Walkers Shortbread Ltd., Britannia Industries Ltd., Parle Products Pvt. Ltd., Lotus Bakeries NV, and Cadbury.
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