About Breakfast Biscuit
Breakfast biscuit is an important part of daily life, in a fast and quick lifestyle, it is a ready-made breakfast medium for everyone from kids to adults to old consumers. Breakfast biscuit is made up of different natural and artificial ingredient to make tastier. There are new emerging products like gluten-free, sugar-free, digestive, etc are attracting the health-conscious people. Biscuit is any time snack but for breakfast, it highly accepted and appreciated. The market for biscuits is very promising. It is one of the fastest-growing of all sectors in the fast-moving consumer goods (FMCG) category. The rising number of health-conscious consumers, growth of tourism in the country, adoption of modern lifestyle is aiding the European biscuit market. Moreover, awareness regarding the consumption of a balanced and healthy diet are some of the other factors expected to propel the demand for biscuits over the next five years. Additionally, the online retail segment is anticipated to hold the largest share in the global biscuits market owing to online retailing provides more discounts and wider options to purchase, the online platform becomes popular owing to that it provides the delivery to the doorstep by order of products. By production, India is the third-largest manufacturer of biscuits after the United States and China. Europe is the leading market of biscuits due to the high popularity of baked items and savory confectionery products in the regions. Asia-Pacific represents the fastest-growing market for Breakfast biscuit, given the increasing urbanization and growing disposable income among consumers
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 5.0% |
The breakfast biscuit is a very basic requirement of consumers and there are no manufacturers in every country. Even though the leading firm kept its dominance in the market, and earning the highest profits. The mergers and acquisitions are not taken is a consideration as the leading firms own started their subsidiaries who are also ruling the market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Breakfast Biscuit market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mondelez International (United States), General Mills (United States), Kellogg (United States), Weetabix Limited (United Kingdom), Lidl (Germany), Bakers Biscuits (South Africa), Nairn's Oatcakes (United Kingdom), Kraft Foods (United States), McVitie's (United Kingdom), Chiquilin (United Kingdom), ITC Limited (India), Hershey Company (United States), Britannia Industries (India) and Parle Products (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Gullon (Spain), Koestlin(Croatia), Snyder's-Lance company (United States), United Biscuits (United Kingdom) and Adam Foods (Spain).
Segmentation Overview
AMA Research has segmented the market of Global Breakfast Biscuit market by and Region.
On the basis of geography, the market of Breakfast 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). Europe region held largest market share in the year 2023. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Specifications, the sub-segment i.e. Gluten-free will boost the Breakfast Biscuit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Breakfast Biscuit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Pouches/packets will boost the Breakfast Biscuit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Hotels and Restaurants will boost the Breakfast Biscuit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Wheat will boost the Breakfast Biscuit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand For Gluten-Free, Sugar-Free Digestive, Low-Calorie Biscuits and Growing Demand For Small Packets Which Are Easy To Carry
Market Growth Drivers:
High Demand Due To Changes Lifestyle Refers to Fast Generation, Easily Available In Market and Low Cost Associated With Product
Challenges:
Alternative Healthy Breakfast Products Are Available In Market and Health Conscious People Avoid Consumption Of Biscuits
Restraints:
Excess Consumption Of Biscuit Damage Your Memory and Harmful Effects On Body Of Refined Sugar, Refined Wheat Flour, And Added Fats
Opportunities:
Growing Demand Due To Easily Available And Good Taste Can Eat As Anytime Snacks
Market Leaders and their expansionary development strategies
September 2018, Leading Food & Beverage Manufacturers, Mars Saudi Arabia, Kellogg's Arabia, and Nestle Middle East signed a voluntary pledge with the Saudi Food and Drug Authority (SFDA) to reduce Sugar, Salt, and Fat Content in their products. The companies also pledged to place clear nutritional labels on their products.
FDA’s CFE code of federal (Title 21)regulations regulates food products majorly biscuits recently from April 2019. Cakes, brownies, pastries, biscuits, muffins, and cookies The food additive may be safely used in food by the following prescribed conditions: The ingredient meets the specifications of the Food Chemicals Codex.
Key Target Audience
Manufacturers, Distributors/Suppliers/Wholesalers, Research Firms, Government organizations, Industry Associate and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.