Sweet Biscuits Market
Sweet Biscuits Market Analysis by Plain Biscuits, Cookies, Filled Biscuits, Chocolate-coated Biscuits, and Others from 2023 to 2033
Analysis of Sweet Biscuits Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Sweet Biscuits Market Outlook (2023 to 2033)
The global sweet biscuits market is valued at US$ 109 billion in 2023 and is projected to expand at a CAGR of 5.8% from 2023 to 2033. As such, global demand for sweet biscuits is estimated to reach a market valuation of US$ 192 billion by the end of 2033.
Increasing demand for convenient snacking and the growing retail sector are expected to boost the sales of sweet biscuits across the world. Sandwich biscuits are in high demand due to consumers’ evolving preferences, particularly among the younger generation and children. The diversified flavor range of sandwich biscuits is also projected to drive product sales.
Biscuits, except macaroons, are usually consumed as a snack or treat, not as a full meal. They are small, sweet, and inexpensive, making them easily accessible for snacking. Biscuits are also a nutritious and long-lasting food option, making them popular among consumers worldwide.
Raw materials such as starch, flour, sugar, milk, eggs, fruits, spices, and various other ingredients are used in the production of sweet biscuits. Flour makes up 50% to 60% of the total raw materials, and other options such as potato flour, rye, oats, soy, and rice can also be used. Online stores, convenience stores, and supermarkets are major sources of sweet biscuits.
This new market research report by Fact.MR provides a comprehensive assessment of the sweet biscuit industry, including a detailed analysis of the competitive landscape, key drivers, restraints, trends, and segments.
| Report Attributes | Details |
|---|---|
| Sweet Biscuits Market Size in 2023 | US$ 109 Billion |
| Projected Market Value (2033) | US$ 192 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.8% CAGR |
| Market Growth Rate for Canada (2023 to 2033) |
4.6% CAGR |
| Market Growth Rate for Germany (2023 to 2033) |
4% CAGR |
| Key Companies Profiled | Britannia Industries Ltd.; United Biscuits; Burton’s Biscuit Company; Parle Products Ltd.; Nestlé; Mondelez International; Kraft Foods Group, Inc.; Kellogg Company |
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Why is There Ever-increasing Demand for Sweet Biscuits?
“Growth of Retail Sector Fueling Sales of Sweet Biscuits”
The retail sector is undergoing significant advancements, with growing accessibility and convenience in purchasing food. This includes popular new methods such as mobile phone shopping and virtual supermarkets. Consumers can now buy sweet biscuits from anywhere using their phones.
The demand for sweet biscuits is also increasing due to the growth of molded retail formats, such as hypermarkets and supermarkets. The evolving retail landscape and growing preference for premium bakery products are expected to drive sweet biscuit sales.
“Rising Preference for Convenient Snacking”
The preference for convenient snacking and expanding retail access to sweet biscuits is driving the demand for these products. In particular, the popularity of sandwich biscuits is increasing due to their diverse flavor options and appeal among young consumers. Promotions and deals, such as buy-one-get-one-free or value packs, are expected to further boost sales of sweet biscuits.
Meanwhile, the growing sales of healthy snacks through online channels reflect a shift towards healthier lifestyles. Additionally, favorable demographic and socioeconomic factors such as rising standards of living, population growth, and urbanization are expected to present significant opportunities for industry players in the coming years.
What Should Sweet Biscuit Manufacturers Take Into Account?
“Increasing Preference for Healthy Food and Price Fluctuations of Raw Materials”
Consumers are becoming more conscious of their health and reducing their sugar intake, which may restrict the growth of the sweet biscuits market. Additionally, fluctuations in raw material prices and high shipping costs can increase the price of the final product, thus affecting the demand for sweet biscuits.
Despite these challenges, advancements in research and development and increasing focus on technological innovations are expected to drive improvements in the industry. The expanding retail sector and growing youth population are predicted to present growth opportunities.
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Why are Sales of Sweet Biscuits Increasing in North America?
“Rising Consumption of Sandwich Biscuits in North America”
North America is expected to play a major role in the global sweet biscuits market due to the growing consumption of sandwich biscuits among the working-class population. Factors such as changing lifestyles, urbanization, rising disposable income, and the availability of a range of flavors are expected to drive the demand for sweet biscuits in North America.
How is the Asia Pacific Market for Sweet Biscuits Faring?
“Rising Consumption of Sandwich Biscuits in North America”
Asia Pacific is expected to have a significant share of the market revenue due to the rising consumption of bakery products and cereals by the regional population. Growing health-conscious consumers, a rising young population, and changing lifestyles are contributing factors that are fueling the demand for sweet biscuits in the region.
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Country-wise Insights
Why is the Consumption of Sweet Biscuits Increasing in Japan?
“Growth in Product Offerings Contributing to Demand for Premium Biscuits”
Demand for sweet biscuits in Japan is predicted to increase at a CAGR of 3% through 2033. This estimated growth in cookie consumption is expected to drive the sales of sweet biscuits in the country. Furthermore, the presence of established brands and widespread distribution channels are projected to create demand for premium biscuits in Japan.
Which Prominent Factors are Influencing the Demand for Sweet Biscuits in the United States?
“Rising Consumption of Sandwich Biscuits by Working-class Population”
The working-class population in the United States is exhibiting significant consumption of sandwich biscuits. Urbanization, availability of multiple flavors, and changing lifestyles in the country are contributing to the growing demand for sweet biscuits. The market for sweet biscuits in the United States was valued at over US$ 20 billion in 2022.
Demand for sweet biscuits in Canada is anticipated to expand at a CAGR of 4.6% from 2023 to 2033. In addition, Canada has a significant number of major sweet biscuit manufacturers.
What is Driving the Sales of Sweet Biscuits in Germany?
“Growing Demand for Convenient Snacking Options”
Sales of sweet biscuits in Germany are projected to expand at a CAGR of 4% from 2023 to 2033. The rising preference for convenient and healthy snacking options among consumers is driving growth in the sweet biscuits market. Additionally, the introduction of a diverse range of new products is further fueling this demand.
Category-wise Insights
Which Types of Sweet Biscuits are Popular?
“Growing Popularity of Cookies & Plain Biscuits among Different Age Groups”
The global market is segmented into plain biscuits, cookies, filled biscuits, chocolate-coated biscuits, and others, based on the product type. Among these, the cookies segment is forecasted to expand at a CAGR of 4.4% from 2023 to 2033. Globally, cookies are the most widely consumed type of biscuit among individuals of all ages.
To cater to the growing demand for premium cookies, biscuit manufacturers are experimenting with unique flavor profiles. Additionally, the introduction of products tailored to consumer’s preferences also contributes to this demand.
Plain sweet biscuits are preferred by individuals from various socioeconomic backgrounds, leading to a notable rise in demand. Their widespread availability as a convenient and healthy snacking option with easily measurable nutrient content makes plain sweet biscuits a popular choice among consumers.
In response, companies are launching digestive plain biscuits, particularly in developing countries where there is a growing preference for healthy snacks.
Which is the Most Commonly Used Channel for Selling Sweet Biscuits?
“Growth of Convenience Stores and Online Retail Fueling Product Sales”
The sweet biscuits market is segmented into supermarkets/hypermarkets, specialist retailers, convenience stores, online stores, and others based on the distribution channel. The online store segment is expected to have a significant market share due to the discounts offered. Online shopping has become increasingly popular in recent years due to its convenient doorstep delivery.
The convenience stores segment is expected to experience substantial growth due to the wide range of product offerings and the ease of shopping for buyers.
Competitive Landscape
Leading producers of sweet biscuits are investing in expanding their global reach while enhancing their supply chain management. They are dedicated to delivering high-quality products and complying with quality control regulations that have a minimal environmental impact during production.
Key players in the sweet biscuit industry are pursuing various strategies such as mergers and acquisitions and innovative product development to create opportunities for new entrants.
- Nestle SA, a subsidiary of Nestle Health Science, acquired the Brazilian health lifestyle brand Puravida in March 2022. Puravida produces nutritional snacks, bars, drink mixes, and protein powder, and is a digitally native vertical brand founded in 2016.
- Parle diversified its portfolio in December 2021 with the launch of “Parle G Chakki Atta.” This new product is expected to bring a positive impact on consumers' health in the long run.
Other prominent manufacturers of sweet biscuits include Britannia Industries Ltd., United Biscuits, Burton’s Foods Ltd., Parle Products Ltd., Mondelez International, Kraft Foods Group, Inc., and Kellogg Company.
Segmentation of Sweet Biscuits Industry Research
-
By Product:
- Plain Biscuits
- Cookies
- Filled Biscuits
- Chocolate-coated Biscuits
- Others
-
By Distribution Channel:
- Supermarkets/Hypermarkets
- Specialist Retailers
- Convenience Stores
- Online Stores
- Others
-
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 7. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 8. Global Market - Pricing Analysis
- 9. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product
- 10.1. Plain Biscuits
- 10.2. Cookies
- 10.3. Filled Biscuits
- 10.4. Chocolate-coated Biscuits
- 10.5. Others
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Distribution Channel
- 11.1. Supermarkets/Hypermarkets
- 11.2. Specialist Retailers
- 11.3. Convenience Stores
- 11.4. Online Stores
- 11.5. Others
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. East Asia
- 12.5. South Asia
- 12.6. Oceania
- 12.7. Middle East and Africa (MEA)
- 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1. Britannia Industries Ltd.
- 22.2. United Biscuits
- 22.3. Burton’s Biscuit Company
- 22.4. Parle Products Ltd.
- 22.5. Nestlé
- 22.6. Mondelez International
- 22.7. Kraft Foods Group, Inc.
- 22.8. Kellogg Company
- 23. Assumptions and Acronyms Used
- 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Product
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Product, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Product, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Product, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Product, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Product, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Distribution Channel, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Distribution Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Product, 2023 (E)
Figure 18: North America Market Value Share, By Distribution Channel, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Product, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Product, 2023 (E)
Figure 26: Latin America Market Value Share, By Distribution Channel, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Product, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Product, 2023 (E)
Figure 34: Europe Market Value Share, By Distribution Channel, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Product, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Product, 2023 (E)
Figure 42: South Asia Market Value Share, By Distribution Channel, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Product, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Product, 2023 (E)
Figure 50: East Asia Market Value Share, By Distribution Channel, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Product, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Product, 2023 (E)
Figure 58: Oceania Market Value Share, By Distribution Channel, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Product, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Product, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Distribution Channel, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Product, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By Distribution Channel, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Product, 2023 (E)
Figure 78: Canada Market Value Share, By Distribution Channel, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Product, 2023 (E)
Figure 81: Mexico Market Value Share, By Distribution Channel, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Product, 2023 (E)
Figure 84: Brazil Market Value Share, By Distribution Channel, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Product, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Distribution Channel, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Product, 2023 (E)
Figure 90: Germany Market Value Share, By Distribution Channel, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Product, 2023 (E)
Figure 93: France Market Value Share, By Distribution Channel, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Product, 2023 (E)
Figure 96: Italy Market Value Share, By Distribution Channel, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Product, 2023 (E)
Figure 99: Spain Market Value Share, By Distribution Channel, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Product, 2023 (E)
Figure 102: Russia Market Value Share, By Distribution Channel, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Product, 2023 (E)
Figure 105: China Market Value Share, By Distribution Channel, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Product, 2023 (E)
Figure 108: Japan Market Value Share, By Distribution Channel, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Product, 2023 (E)
Figure 111: South Korea Market Value Share, By Distribution Channel, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Product, 2023 (E)
Figure 114: India Market Value Share, By Distribution Channel, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Product, 2023 (E)
Figure 117: ASEAN Market Value Share, By Distribution Channel, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Product, 2023 (E)
Figure 120: Australia Market Value Share, By Distribution Channel, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Product, 2023 (E)
Figure 123: New Zealand Market Value Share, By Distribution Channel, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Product, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Distribution Channel, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Product, 2023 (E)
Figure 129: Turkey Market Value Share, By Distribution Channel, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Product, 2023 (E)
Figure 132: South Africa Market Value Share, By Distribution Channel, 2023 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the projected value of the sweet biscuits market for 2023?
The global sweet biscuits market is estimated to be valued at US$ 109 billion in 2023.
What is the expected CAGR for the market over the next 10 years?
Sales of sweet biscuits are anticipated to increase at a CAGR of 5.8% from 2023 to 2033.
What valuation is the sweet biscuits market expected to reach by 2033?
The market for sweets biscuits is predicted to reach US$ 192 billion by 2033.
At what rate will the sweet biscuits market expand in Germany?
Demand for sweet biscuits in Germany is expected to advance at a CAGR of 4% from 2023 to 2033.
At what rate is the Canadian market estimated to expand?
Sales of sweet biscuits in Canada are projected to increase at a CAGR of 4.6% through 2033.
Which are the top 5 manufacturing companies for sweet biscuits?
Britannia Industries Ltd., United Biscuits, Burton’s Foods Ltd., Parle Products Ltd., and Nestlé are key manufacturers of sweet biscuits.
Sweet Biscuits Market