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Biscuits Market Growth 2023-2030: Trends, Opportunities, and Consumer Preference

The global biscuits market is projected to grow from USD 122.96 billion in 2023 to USD 173.02 billion by 2030, at a CAGR of 5%. This growth is fueled by increasing consumer demand for healthier snack options, premium and gourmet biscuits, and expanded distribution channels. North America is witnessing a rise in nutritious and functional biscuits, while Europe and Asia-Pacific dominate the market with traditional and innovative product offerings. The shift towards online retail and changing dietary habits further present lucrative opportunities for industry players to expand their market presen

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Biscuits Market Growth 2023-2030: Trends, Opportunities, and Consumer Preference

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  1. Biscuits MarketGlobal Analysis Report 2024-2030 Published by : Falguni Research analyst

  2. Market Size & Overview: The global biscuits market was valued at approximately USD 122.96 billion in 2023 and is projected to reach nearly USD 173.02 billion by 2030, growing at a compound annual growth rate (CAGR) of 5% during the forecast period. This growth is driven by factors such as rising health consciousness, increased availability and accessibility, and the introduction of premium and gourmet biscuit varieties.

  3. Market Growth & Opportunities Health-Conscious Consumer Demand : There's a growing trend towards healthier biscuit options, including low-calorie, low-fat, and sugar-free varieties. Brands are responding by offering products made from natural ingredients, free from artificial additives, and catering to specific dietary needs. Premium and Gourmet Biscuits : Consumers are increasingly willing to indulge in high-quality, flavorful biscuits. This has led to the introduction of products made with exotic ingredients, unique flavors, and upscale packaging, appealing to a more discerning customer base. Expanded Distribution Channels : The proliferation of hypermarkets, malls, and online platforms has made biscuits more accessible to a global audience. This expanded reach allows consumers to explore a diverse range of biscuit flavors, textures, and quality levels. Sample Request

  4. Market Segmentation • by Distribution Channel • Supermarket/Hypermarket • Convenience Store • Specialty Store • •Online Retail • by Flavor Type • Plain • Chocolate • Sour Cream • Cheese • Spiced • Fruits and Nuts • by Product Type • Sweet Biscuits • Savory • Crackers • Filled/Coated

  5. Regional Analysis: North America : The biscuits market in North America is experiencing steady growth, driven by a demand for convenient snack options and a rising interest in healthier alternatives. The presence of established brands and the introduction of innovative products cater to diverse consumer preferences. Europe: Europe maintains a strong market for biscuits, with a rich tradition of biscuit consumption. The region sees a growing segment of health-conscious consumers, leading to increased demand for organic and gluten-free biscuit options. Premiumization trends are also prominent, with consumers seeking high-quality, artisanal products.Asia-Pacific (APAC): APAC represents a significant share of the global biscuits market, fueled by population growth, urbanization, and rising disposable incomes. Traditional biscuit varieties remain popular, while Western-style biscuits are gaining traction. The expansion of retail infrastructure and e-commerce platforms further boosts market accessibility.

  6. Regional Analysis Customized Report Request

  7. Merges and Acquisition • Supreme's Acquisition of Typhoo Tea :In December 2024, Supreme, a company known for vape and battery production, acquired the historic Typhoo Tea brand for £10.2 million. This move aims to diversify Supreme's portfolio and revitalize Typhoo's market presence. • Supreme'sDiversification Strategy : The acquisition of Typhoo Tea aligns with Supreme's broader strategy to expand into the drinks sector, reducing its reliance on vaping products amidst changing regulations. • Expansion into Soft Drinks: Prior to acquiring Typhoo, Supreme purchased the parent company of Clearly Drinks, Acorn Topco, for £15 million, further strengthening its position in the beverage industry. Buy This Report

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

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