About Khari Biscuit
Khari biscuit is made by baking butter and flour until golden and crunchy. Khari biscuit is highly consumed with tea in India as a snack or breakfast. Khari biscuit is most popular among all ages, gender, and especially the family with low income due to its low cost. Khari biscuits come in various taste and types and becoming popular as diet snacks as it contains low calorie and fat.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 13.8% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Khari 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.
Harnaam Foods LLP (India), Snack Food Inc. (India), Fakhi Sweet Services (India), Home Breads (India), Parle Products (India), Britannia Industries (India), Real Bakers (India), Patel Brothers (United States), Skyline Food Products LLP (India) and The Bake Shop (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Khari Biscuit market by Type (Twisted Khari Biscuit and Regular Khari Biscuit) and Region.
On the basis of geography, the market of Khari Biscuit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Packaging Type, the sub-segment i.e. Packet will boost the Khari Biscuit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Khari 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. Children will boost the Khari Biscuit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trend of Jeera Wheat Khari Biscuits in the Market
Market Growth Drivers:
Increasing Use of Khari Biscuits as Snacks or Breakfast Instead of Regular Biscuits or Cookies
Challenges:
Availability of Multiple Substitutes of Khari Biscuit
Restraints:
Less Adoption of Khari Biscuit in European and North American Countries
Opportunities:
High Adoption of Khari Biscuit in India and Some of the Asian Countries
Market Leaders and their expansionary development strategies
In November 2023, Mohanlal has signed an agreement (MoU) to become the brand ambassador for Craze Biscuits, aligning with the company's global expansion initiatives. The announcement ceremony that marked this significant partnership was graced by the presence of Craze Chairman Abdul Azeez Chovanchery, Director Ali Ziyan, and Brand Strategist V.A. Shrikumar.
In September 2023, DONKIS This new product is a round chocolate plain biscuit decorated with images from the Simpsons. A fun and crunchy innovation to keep children’s little hands busy.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Khari Biscuit Manufacturers, Suppliers & Distributors, Venture Capitalists and Private Equity Firms and Others
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.