Biscuits Market Poised to Expand at a Robust Pace by 2027

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Biscuits Market

• - Global Industry Analysis, Size, Share, Growth
  Trends  2019 - 2027

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Global Biscuits Market Overview

• Expanding demand for healthy snacks and Increase
  in per capita food consumption in developing
  countries are the primary drivers leading the
  global biscuits market during the forecast
  period.
• The market is also expected to continue being
  augmented by rising demand for convenience food,
  innovation in packaging, and expanding young
  population.
• One such growth in biscuits market is increasing
  per capita consumption of biscuits globally.

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 Sweet Biscuits to Lead the Pack as they Remain
Global Favorites

• By product type, the biscuits market is segmented
  into sweet biscuits, savory, crackers,
  filled/coated, wafers, and others.
• The sweet biscuits segment is likely to be the
  most attractive segment in the forecast period on
  the backdrop of the rising consumer preference
  towards healthy biscuits.
• On the basis of source type, the biscuits market
  can be segmented into wheat, oats, millets, and
  others.
• The wheat segment is estimated to account for a
  significant revenue share of 48.4 in 2017 and is
  expected to register significant growth rate
  during the forecast period.

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 Asia Pacific and Europe to be Key Consumers of
Biscuits

• On the basis of region, the market in Asia
  Pacific (APAC) and Europe is expected to dominate
  over the forecast period followed by North
  America.
• A large number of consumer base has been
  developed in APAC for the bakery products such as
  biscuits as an alternative for breads, and
  confectioneries.
• Asia is expected to become a prominent player by
  the end of the forecast period with a significant
  CAGR attributed to increase in the per capita
  consumption of biscuits in the region.

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The key players in the global Biscuits Market

• Limited, Lotus Bakeries NV
• Mondelez International, Inc.
• ITC Limited
• Campbell Soup Company
• Nestle SA
• Kraft Foods Group

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