Project Description

The biscuit industry is one of the most dynamic sectors in the global food industry, with significant growth observed in emerging markets, particularly in Africa.

As a widely consumed snack, biscuits are produced in various forms, including sweet biscuits, crackers, savory biscuits, and more, catering to diverse consumer preferences.

The global biscuit market was valued at approximately USD 108.75 billion in 2024 and is expected to experience significant growth in the coming years. By 2025, the market is projected to reach USD 113.76 billion and continue expanding at a compound annual growth rate (CAGR) of five point seventy percent (5.70%), reaching an estimated USD 167.69 billion by 2032.

This robust growth is being driven by several factors, including changing consumer preferences, increasing demand for convenient snacks, and innovations in product offerings.

In 2024, the Asia Pacific region dominated the global biscuit market, accounting for thirty-two point seventy-four percent (32.74%) of the total market share. This dominance is largely due to the high population density, growing disposable incomes, and urbanization trends in countries like China, India, and Japan.

The global biscuit market can be segmented into three main product types:

Crackers: Crackers hold a significant share of the global market, driven by their association with health-conscious consumers looking for low-fat, high-fiber alternatives. Crackers accounted for approximately forty percent (40%) of the global market share in 2024.

Sweet Biscuits: Sweet biscuits, which include popular varieties like chocolate chip, vanilla, and cream-filled biscuits, are widely consumed across the world. In 2024, sweet biscuits dominated the market, accounting for forty-five percent (45%) of the global market share.

Skills and Expertise

Categories

• Categories:
  Reports
• Subcategories:
• Feasibility Report   Experience Level: Expert

Specializations

• Category:
Consumer Goods
• Subcategories:
• Consumer Goods   Experience Level: Expert

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