The worldwide biscuits market had a valuation of USD 94.5 Billion in 2022. It is projected to attain USD 138 Billion by 2032, displaying a compound annual growth rate (CAGR) of 4.8% throughout the forecast period. Significant drivers of this market growth include a growing global population, heightened demand for convenient food options, and evolving consumer lifestyles on a global scale.

Manufacturers are consistently innovating and introducing novel biscuit variations due to the increasing popularity of biscuits as a more health-conscious substitute for traditional snack choices. Additionally, the escalating consumer desire for biscuits that are sugar-free, organic, and gluten-free is propelling the market's revenue expansion.

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Competitive Landscape:

• Mondelez International, Inc.
• Nestle S.A.
• Kellogg Company
• Parle Products Pvt. Ltd.
• ITC Limited
• Britannia Industries Limited
• United Biscuits (UK) Limited
• Yildiz Holding A.S.
• Campbell Soup Company
• De Beukelaer Holding N.V.

Biscuits Market Growth

• Changing Consumer Preferences: Consumer preferences for convenient and ready-to-eat snacks have been driving the growth of the biscuits market. Biscuits are considered a convenient and portable snack option, making them popular among busy consumers.
• Globalization and Urbanization: As urbanization continues to rise worldwide, there is an increased demand for on-the-go and packaged food items, including biscuits. Urban lifestyles often lead to less time for preparing meals from scratch, boosting the demand for easily accessible snacks.
• Product Innovation: Biscuit manufacturers are continually innovating to introduce new flavors, shapes, and healthier ingredients to cater to changing consumer demands. Healthier and organic biscuit options have gained popularity among health-conscious consumers.
• E-commerce and Online Retail: The growth of e-commerce and online retail has made it easier for consumers to access a wide variety of biscuit brands and flavors from around the world, further boosting market growth.

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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.

The global Biscuits market is segmented into:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further market segmentation

Type Outlook:

• Plain Biscuits
• Cookies
• Sandwich Biscuits
• Crackers
• Others

Distribution Channel Outlook:

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Stores
• Others

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