Research On Biscuits Market – Industry Size, Trends, Regional Outlook and Forecasts, 2014 – 2021
Biscuits are baked food item that is flour-based and used as snack. Biscuits are commonly made from wheat flour and oats. These food products are available in a variety of 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 among the most famous and preferred packaged snacks around the globe. Biscuits are added with variety ingredients which include, nuts, chocolate flavor, choco chips, sandwich fillings which include cream based fillings of fruit, chocolate and jam fillings. This is done to impart taste and flavor to biscuits. Cookies and crackers are savoury biscuits which are also consumed on regular basis.
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Biscuits contain nutritional components which include, carbohydrates, fibers and fats which are essential to human health. The nutritional values of biscuit has made it a most preferable breakfast meal worldwide. Biscuits are easy to carry, store and can be consumed as per consumer preference. These aspects of biscuits make them a food product which is consumed and liked by people of every age group. Biscuits can be consumed beverages like tea and coffee or as it is.
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Biscuits are convenient snacks which can be carried while transport, stored and eaten anywhere. These convenient aspects of biscuits are major factors responsible for increased demand and growth of global biscuits market. In addition, use of innovative and modern technologies in biscuit packaging by manufacturers is another factor to empower the rapid growth of this market.
Market Analysis :
Changing lifestyles and shift in trends of eating habits of consumers is expected to drive this market for the forecast period. Organized retailing and marketing and effective branding by vendors is expected to open new market opportunities for global biscuits market. Increasing disposable income of consumers has led to the increased demand for premium quality biscuits and fuels the growth of global biscuits market. Increase the cost of raw materials is a curbing factor holding up the global biscuits market.
Insight Region Of Markets :
Biscuits market report is segmented on the basis of geography as Asia Pacific, North America, Europe, Latin America and Middle East and Africa. Key players in the global biscuits market are Kellogg Company, Parle Products Pvt. Ltd., Lotus Bakeries NV, United Biscuits, Cadbury, Burton’s Foods Ltd., Walkers Shortbread Ltd., Kraft Foods, Nestle, Britannia Industries Ltd, Mars, Frito-Lay Co., Quaker Trading Ltd., Lieken AG, Hipp, Ferrero, Ting Hsin International Group and Cia Brasileira de Distribuicao.
SEGMENTATIONS IN REPORT :
A. Biscuits By Products :
1. Savoury Biscuits
3. Sweet Biscuits
4. Chocolate Coated Biscuits