NEW YORK, Sept. 8, 2022 /PRNewswire/ -- The "Sweet Biscuit Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market to observe an incremental growth of USD 26.58 billion, accelerating at a CAGR of 5.13% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report Here
The global sweet biscuit market is fragmented and is highly competitive with the significant presence of numerous local and regional players. The vendors are diversifying their product offerings and developing their global footprint. To position their products, major vendors in the sweet biscuit market use crucial methods such as new product innovations, product expansions, mergers, acquisitions, and alliances.
The intense competition between the vendors and declining profit margins are significant risk factors for the vendors. The rapid technological changes, particularly in curing, packaging, and transportation, are also significant risk factors for vendors. Therefore, to survive and succeed in such a competitive environment during the forecast period, it becomes imperative for the vendors to distinguish their product offerings through clear and unique value propositions.
The report identifies Alco Group, Bahlsen GmbH and Co. KG, BakeMate, Border Biscuits Ltd., Britannia Industries Ltd., Burtons Biscuit Co., Campbell Soup Co., Cremica Food Industries Ltd., Frank Roberts and Sons Ltd., Grupo Bimbo SAB de CV, Grupo Nutresa SA, ITC Ltd., Kellogg Co., Mondelez International Inc., Nestle SA, Parle Products Pvt. Ltd., Poppies Bakeries NV, The Kraft Heinz Co., United Biscuits UK Ltd., and Yildiz Holding Inc. as some of the major market participants.
Although the growing preference for healthy biscuits will offer immense growth opportunities, fluctuating raw material prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here
The global sweet biscuit market is segmented as below:
The offline segment accounted for maximum sales and revenue generation in the market in 2021. The segment is driven by the growth of the organized retail industry across the world.
Europe will emerge as the key market, occupying 34% of the global market share. The regional market is driven by high employment rates, increased immigration, and rising disposable incomes of consumers in the region. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our sweet biscuit market report covers the following areas:
Sweet Biscuit Market 2022-2026: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the sweet biscuit market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the sweet biscuit market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Sweet Biscuit Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist sweet biscuit market growth during the next five years
Estimation of the sweet biscuit market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the sweet biscuit market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of sweet biscuit market vendors
Sweet Biscuit Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 5.13%
Market growth 2022-2026
USD 26.58 billion
YoY growth (%)
Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution
Europe at 34%
Key consumer countries
US, UK, Italy, France, and Germany
Leading companies, competitive strategies, consumer engagement scope
Alco Group, Bahlsen GmbH and Co. KG, BakeMate, Border Biscuits Ltd., Britannia Industries Ltd., Burtons Biscuit Co., Campbell Soup Co., Cremica Food Industries Ltd., Frank Roberts and Sons Ltd., Grupo Bimbo SAB de CV, Grupo Nutresa SA, ITC Ltd., Kellogg Co., Mondelez International Inc., Nestle SA, Parle Products Pvt. Ltd., Poppies Bakeries NV, The Kraft Heinz Co., United Biscuits UK Ltd., and Yildiz Holding Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table Of Contents:
1 Executive Summary
1.1 Market Overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
4 Five Forces Analysis
4.1 Five forces summary
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
5 Market Segmentation by Distribution Channel
5.1 Market segments
5.2 Comparison by Distribution Channel
5.3 Offline - Market size and forecast 2021-2026
5.4 Online - Market size and forecast 2021-2026
5.5 Market opportunity by Distribution Channel
6 Customer Landscape
6.1 Customer landscape overview
7 Geographic Landscape
7.1 Geographic segmentation
7.2 Geographic comparison
7.3 Europe - Market size and forecast 2021-2026
7.4 North America - Market size and forecast 2021-2026
7.5 APAC - Market size and forecast 2021-2026
7.6 South America - Market size and forecast 2021-2026
7.7 Middle East and Africa - Market size and forecast 2021-2026
7.8 US - Market size and forecast 2021-2026
7.9 UK - Market size and forecast 2021-2026
7.10 Italy - Market size and forecast 2021-2026
7.11 France - Market size and forecast 2021-2026
7.12 Germany - Market size and forecast 2021-2026
7.13 Market opportunity by geography
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
8.4 Market trends
9 Vendor Landscape
9.2 Vendor landscape
9.3 Landscape disruption
9.4 Industry risks
10 Vendor Analysis
10.1 Vendors covered
10.2 Market positioning of vendors
10.3 Bahlsen GmbH and Co. KG
10.4 Britannia Industries Ltd.
10.5 Burtons Biscuit Co.
10.6 Campbell Soup Co.
10.7 Grupo Bimbo SAB de CV
10.8 ITC Ltd.
10.9 Mondelez International Inc.
10.10 Nestle SA
10.11 Parle Products Pvt. Ltd.
10.12 Yildiz Holding Inc.
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
11.3 Currency conversion rates for US$
11.4 Research methodology
11.5 List of abbreviations
food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.
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