Biscuits Market Grow with a CAGR of 4.66% through 2030
The
global biscuits market is driven by rising demand for convenient snacks,
innovation in flavors and ingredients, expanding urban populations, and growing
health-conscious consumers seeking low-sugar, gluten-free, or fortified options
According to
TechSci Research report, “Biscuits Market - Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the Global Biscuits Market was valued at
USD 131.97 billion in 2024 and is expected to grow to USD 172.99 billion by
2030 with a CAGR of 4.66% during the forecast period. The global biscuits
market is experiencing robust growth, driven by shifting consumer preferences,
increased demand for convenient snack foods, and continuous innovation in
product formulations. Biscuits, once seen as a simple tea-time snack, have
evolved into versatile products catering to a wide range of consumer needs—from
indulgent treats to functional health-supportive items. The rise of dual-income
households and increasingly busy lifestyles has made on-the-go snacking more.
In
response to consumer demand for healthier choices, manufacturers are innovating
with low-sugar, low-fat, high-fiber, high-protein, and gluten-free
alternatives. There is also a growing emphasis on natural and clean-label
ingredients, with many brands eliminating artificial preservatives and colors.
The incorporation of wholesome ingredients such as oats, multigrains,
flaxseeds, and superfoods has redefined the perception of biscuits from a
calorie-rich snack to a nutritious option.
Beyond
health, flavor innovation is another major growth lever. Biscuits are now
available in a broad variety of flavors ranging from traditional options like
chocolate and vanilla to contemporary preferences like salted caramel, exotic
fruits, cheese, and spicy blends—catering to increasingly adventurous palates.
Limited edition products and seasonal flavors also generate excitement and
drive repeat purchases. Additionally, the adoption of premiumization
strategies, where brands offer biscuits with gourmet ingredients, artisanal
preparation methods, or aesthetically pleasing packaging, has attracted urban
and upscale consumers willing to pay a premium for value-added offerings.
The
biscuit category is also witnessing increased activity in mergers and
acquisitions, with large food companies acquiring smaller brands to diversify
their portfolios, tap into niche segments, and expand global reach. Strategic
partnerships are allowing firms to enter new markets more efficiently or
co-develop products that align with evolving consumer preferences. Companies
are also engaging in aggressive new product development to outpace competition
and respond quickly to shifting market demands.
Consumer
preferences are becoming more fragmented, leading to micro-segmentation within
the biscuit market. Some consumers prioritize indulgence, others value health
and wellness, while another segment seeks sustainability and ethical sourcing.
This fragmentation requires companies to maintain a diverse product portfolio
that caters to various lifestyle and dietary requirements, such as keto, vegan,
organic, or allergen-free. In turn, this has led to a more dynamic market, with
faster innovation cycles and greater competition across categories.
The
global biscuits market is also benefiting from the increasing role of
experiential snacking. Biscuits are no longer just a food item but are part of
lifestyle choices. Whether consumed as a quick office snack, a child’s lunchbox
treat, or a late-night indulgence, biscuits have become part of daily routines
across demographics. This omnipresence is reinforced by effective positioning
and availability across a wide range of retail channels—from hypermarkets and
convenience stores to online marketplaces and direct-to-consumer platforms.
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market data Figures spread through xx Pages and an in-depth TOC on
"Global Biscuits Market”
The Biscuits Market
is segmented into product type, sales channel and region.
Based on the sales
channel, the online segment is the fastest-growing distribution channel in the
global biscuits market, driven by increasing internet penetration, smartphone
usage, and the convenience of doorstep delivery. Consumers are increasingly
turning to e-commerce platforms for purchasing biscuits due to wider product
variety, exclusive discounts, and easy access to both local and international
brands. Online grocery apps and direct-to-consumer (DTC) websites have further
boosted sales, especially post-pandemic. Brands are leveraging digital
platforms for targeted marketing, customer engagement, and personalized
promotions. The growing preference for hassle-free shopping and the expansion
of logistics networks continue to accelerate the growth of the online biscuit
segment.
Based
on region, Asia Pacific is the fastest-growing region in the global biscuits
market, fueled by rapid urbanization, rising disposable incomes, and changing
consumer lifestyles. Increasing demand for convenient, packaged snacks among
the growing middle-class population is driving biscuit consumption across
countries like India, China, Indonesia, and Vietnam. Expanding retail
infrastructure, including supermarkets and e-commerce platforms, has improved
product accessibility. Additionally, local and international brands are
launching innovative flavors and health-oriented variants to cater to diverse
regional preferences. The youthful population, growing working-class
demographics, and rising awareness of branded food products further contribute
to the region’s robust and accelerating growth in the biscuits market.
Major companies
operating in the global Biscuits Market are:
- Mondelez
International, Inc.
- The Kellogg
Company
- Parle Products
Pvt. Ltd.
- Britannia
Industries Limited
- Campbell Soup
Company
- ITC Limited
- Interbake Foods
LLC
- Nestle S.A.
- Richmond Baking
Company
- Abimar Foods
Inc.
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“Technology is playing a significant
role in enhancing manufacturing capabilities. Automation and advanced baking
technologies have enabled consistent product quality, large-scale production,
and cost efficiencies, which are critical in meeting rising global demand.
Furthermore, the integration of digital tools in supply chain management has
improved forecasting, inventory control, and product distribution. Many
companies are also investing in sustainability measures by adopting
energy-efficient manufacturing processes, recyclable packaging materials, and
ethically sourced ingredients. These efforts not only meet rising environmental
and social governance standards but also align with the values of conscious
consumers, especially millennials and Gen Z, “Said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Biscuits Market –
Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type
(Plain Biscuit, Cookies, Sandwiched Biscuit, Crackers and Crispbreads, Others),
By Sales Channel (Hypermarkets/Supermarkets, Convenience Stores, Grocery Stores,
Online, Others), By Region & Competition, 2020-2030F”,
has evaluated the future growth potential of global Biscuits Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global Biscuits Market.
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