Title: Biscuits Market - Forecast (2022 - 2027)
1Biscuits MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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- The Biscuits Market size is estimated to reach
129.1 billion by 2025 with a estimated CAGR of
4.9 during the forecast period 2020-2025.
Biscuits are made of flour, sugar or salt, butter
or vegetable shortening, and baking powder as a
leavening agent. - They are baked food item that is flour-based and
used as a snack. These food products are
available in different flavours, types, tastes,
and textures. Biscuits are generally sweet in
taste made from sugar or honey and some of their
types are savoury or salty in taste. Biscuits are
one of the most famous and preferred packaged
snacks around the globe.
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- Key Takeaways
- Geographically, Asia Pacific holds the largest
share in the global Biscuits market in 2019,
owing to the increasing consumer demand in the
region. - Competition is very high in the market with
virtually no entry barriers and almost 100
penetration of the product, which is set to
increase the demand of the market for the
forecast period 2020-2025. - Increasing disposable income of consumers and
changing living standards of the middle-class
population across the globe is set to boost the
global biscuits market growth positively.
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By Distribution Channel- Segment Analysis Based
on the distribution channel, the global Biscuits
market has Convenience Stores, Independent
bakeries, Online Channels, Supermarkets/
hypermarkets, and others. The supermarkets and
hypermarkets segment accounts for the largest
share of the market in 2019. The online retail
segment is poised to register the highest CAGR of
4.99 during the forecast period 2020-2025. This
is owing to online retailing provides more
discounts and wider options to purchase. Besides,
the online platform becomes popular owing to its
doorstep delivery.
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- Biscuits Market Industry Outlook
- Nestlé UK Ltd
- Parle Products Pvt. Ltd
- Kellogg Company
- Britannia Industries Ltd
- Burton's Foods Ltd
- Lotus Bakeries NV
- ITC
- United Biscuits
- Cadbury
- Walkers Shortbread Ltd etc.
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Biscuits Market - Forecast(2022 - 2027) Learn
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- Data Tables
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