Chocolate Coated Biscuit Market Scope
Chocolate coated biscuit is finely coated with dark or normal chocolate and is available in cookies and wafer forms. These biscuits are available in different shapes and sizes to make them look delicious and tempting. It can be consumed directly as well as by adding it to make other confectionery items like cakes, smoothies, etc. It can be availed easily in supermarkets as well as online stores, it is popular all around the world and consumed in all groups of ages.
Filet Bleu (France), Biscuit International (France), The Hershey Company (United States), Mondelez International, Inc., (United States), Ferrero SpA (Italy), Mars, Incorporated (United States), Nestle S.A. (Switzerland) and Rocky Mountain Chocolate Factory (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Chocolate Coated Biscuit market by Type (Rolled Biscuits, Drop Biscuits, Scones, Shortcakes and Others), by Application (Direct Consumption, Cakes, Confectionary and Others) and Region with country level break-up.
On the basis of geography, the market of Chocolate Coated Biscuit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
The popularity of Rolled Chocolate Coated Biscuit Among Kids in Different Shapes and Sizes
Market Growth Drivers:
Increasing Demand for Dessert Items, Easy Availability of Raw Materials for Chocolate Coated Biscuit and Demand for Chocolate based Food Products
Challenges:
Regulatory Guidelines and Standards on the Packaging and Labelling of Chocolate Coated Biscuit
Restraints:
Excess Consumption of Chocolate Coated Biscuit Can Affect Health
Opportunities:
Advancement in the Labeling and Packaging of Chocolate Coated Biscuit and Online Availability of Chocolate Coated Biscuit
Market Leaders and their Expansionary Development Strategies
On 2nd July 2020, Mondelez India Launches Cadbury Chocobakes Choc Layered Cakes in Chocobakery. This is the company’s second launch under the chocobakery sub-category, in less than a year, after the successful launch of Cadbury Chocobakes Choco-filled Cookies. With this launch, the company is bringing together the power of their global baking expertise and the much-loved chocolatey Cadbury taste.
On 15th January 2020, Maltesers part of Mars, Incorporated enters the biscuit aisle with Burton’s Biscuit Company. Burton’s Biscuit Company has launched Maltesers Biscuits, representing the first time the Mars-owned confectionery brand has entered the biscuit category. Each biscuit comprises of three ‘malty bobbles’ covered in smooth milk chocolate. The new biscuit expands Maltesers offerings which include truffles, ice cream, Easter bunnies, and buttons, and joins Mars’ previous biscuit launches such as Galaxy, Bounty, and M&M cookies.
Key Target Audience
Chocolate Coated Biscuit Manufacturers, Chocolate Coated Biscuit International Traders, Chocolate Coated Biscuit Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.