Introduction

Biscuit Market was valued at US$ 133.9 Billion in 2024 and is projected to grow at a CAGR of 4.30% to reach US$ 196.2 Billion by 2034.

Biscuit are a range of quick bread, available in different forms throughout the world. They are prepared from a combination of flour, milk and water. That prepared dough is generally rolled out, cut into small rounds, baked, and served hot. Food preferences and ingredients in various regions of the country often determine the preference for different types of biscuits

Request and demands for biscuits is growing due to the advanced packaging, new flavors, shapes, technologies. Also, biscuits are given the main preference at any time being convenient and packaged source that could be carried along easily. All these are the major factors driving growth of the global biscuits market. Increasing demand for healthy snacks and increase in per capita consumption in developing countries are also fueling the global biscuits market growth. 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 are likely to restrain the global biscuit market growth in the near future. The growing interest in finest products would afford future growth opportunities

The biscuits market has been segmented on the basis of source, packaging, distribution channel and region. Based on source, the target market is segmented into wheat, oats, multi-grain, and others. Among them, wheat segment holds the major market share. Multi-grain and oats segments are showing extraordinary growth, owing to the high demand for functional ingredients used for the preparation of biscuits. Based on packaging, the target market is divided into pouches/packets, boxes, cans/jars, and others. The boxes segment is controlling the market, shadowed by pouches/packets due to ease of packaging and transport. The use of cans/jars is displaying vast demand, owing to consumer favourites towards top packaging options for bakery products. Based on distribution channel, the target market is segmented into store-based and non-store based. The store-based segment is dominating the market due to the one-stop shopping experience. However, e-commerce under non-store based distribution channel is anticipated to show an exponential growth over the forecast period.

Regional Insights:

On the basis of region, the biscuit market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global biscuit market is currently dominated by North America due to high popularity of baked snacks and savory confectionery products in the region. The growth in this region clearly lags behind the projected market growth in the developing countries. Asia-Pacific, led by China and India, characterizes the fastest growing market for biscuits. By invention, India is the third largest manufacturer of biscuits after the United States and China, around globe. Yet, Latin America has also set up to be a new venture region for biscuit manufacturers throughout the forecast period

Report Scope:

Attribute	Details
Base year for estimation	2023
Forecast period	2024– 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Source - Wheat, Oats, Multi-grain, and Others By Packaging - Pouches/Packets, Boxes, Cans/Jars, and Others By Distribution Channel - Store Based and Non-Store Based
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Key players contributing to the global biscuit market are Arnotts Biscuits Ltd., Britannia Biscuits Ltd., Birtons Biscuits Co., Danesita, Inc., Kellogs, Inc., Kraft foofs, Inc., McVITIES Pvt. Ltd., Mondelez International, Nestle Co., Parle Products Pvt. Ltd.

Recent Development:

             The New Launched Product News,

• In August 2023, Craze Biscuits, a brand from Kerala launched two new biscuit varieties from Craze in an event in Kochi in the presence of Minister P. Rajeeve marking their entry into the market. "Choco Rocky," a chocolate cookie, and "Bourbon," a chocolate sandwich biscuit, are the recently introduced biscuits.
• In August 2023, Britannia has launched Jim Jam Pops, an open cream biscuit. The teaser campaign for the launch was conceptualized by Schbang and the mainline campaign was created by the Womb.
• In November 2023, Milma launched premium dark chocolate and butter biscuits to tap the trending market demands. Milma became the second dairy cooperative in the nation to provide dark chocolate products, following Amul, by launching these nutritious options.

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Thickness Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
   • PORTER’s
   • Investment Outlook
3. Market Purview
   • Executive Summary
   • Key Findings—Global Outlook for Biscuit Strategies
     • Key Questions this Study will Answer

     • • By Source (Wheat, Oats, Multi-grain, and Others)

       • By Packaging (Pouches/Packets, Boxes, Cans/Jars, and Others)

       • By Distribution Channel (Store Based and Non-Store Based)

       • By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Overview
   • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
   • Y-o-Y Growth Analysis (%), 2020 – 2030
   • Regional Trends
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Regional Analysis
   • Regional Revenue Analysis
   • Regional By segment Analysis
   • Reasons for regional growth
   • Key Player of particular region
   • Countries Include in the report:

1. • • North America (U.S., Canada)
     • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
     • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
     • Latin America (Brazil, Mexico, Rest of Latin America)
     • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)

1. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
   • Competitive Overview
   • Competitive Benchmarking
   • Market Share Analysis
   • Key Developments In The Global Biscuit Market
   • Key Developments: Mergers & Acquisitions
   • Key Developments: Collaboration
   • Key Developments: Contracts & Agreements
   • Key Developments: Expansion
   • Key Developments: Product Developments
2. Company Profiles

• Company Overview
• Product Portfolio
• Key Highlights
• Financial Performance
• Business Strategies
• SWOT Analysis

• Arnotts Biscuits Ltd., Britannia Biscuits Ltd., Birtons Biscuits Co., Danesita, Inc., Kellogs, Inc., Kraft foofs, Inc., McVITIES Pvt. Ltd., Mondelez International, Nestle Co., Parle Products Pvt. Ltd.

1. The Last Word
   • Future Impact
   • About Us
   • Contact