The article cited AMA's Global Fortified Biscuit Market Study explored substantial growth with CAGR of 7.2%. According the report, Increasing Health Consciousness Among the Individuals is one of the primary growth factors for the market. Increasing Demand of Protein Rich Food Products
is also expected to contribute significantly to the Fortified Biscuit market. Overall, applications of Fortified Biscuit, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Kraft Foods (United States), Parle Products (India), Nestle (Switzerland), Britannia (India), ITC (India), Arnotts Biscuits (Australia), Annas Pepparkakor (Sweden), Burtons Biscuit (United Kindom), Danone (France), Dali (Taiwan) and Lotus Bakeries (Belgium) may see astonishing sales in this Market and certainly improve revenue growth.
The End users, such as Adults, is boosting the Fortified Biscuit market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Ingredient type, such as Wheat, is boosting the Fortified Biscuit market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Distribution channel, such as Supermarket/Hypermarket, is boosting the Fortified Biscuit market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Fortified Biscuit market identified that the demand is rising in many different parts of the world as "Increasing Promotional Activities
". Furthermore, some recent industry insights like "In November 2023, SMC introduces micronutrient fortified biscuits, The biscuits contain seven vitamins and minerals - vitamin A, C, D, E, Folic Acid, Calcium, Zinc- which will provide a tasty experience with health benefits to consumers, according to a press statement." is constantly making the industry dynamic. One of the challenges that industry facing is "Health Issues Caused Due to Over Consumption of Fortified Biscuits and Lack of Awareness About Fortification"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Fortified Biscuit market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Fortified Biscuit market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Fortified Biscuit market tight? Which application/end-user category or Product Type [Plain Biscuits, Cookies, Sandwich Biscuits, Crackers and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fortified Biscuit market and other related sub-markets covered in the study.
o Key & emerging players in the Fortified Biscuit market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Fortified Biscuit market size is calculated using market estimation process, the Fortified Biscuit market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Fortified Biscuit market size has been validated using both top-down and bottom-up approaches.