Sweet Biscuit Market - Forecast(2021 - 2026)

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Sweet Biscuit Market Overview

Sweet Biscuit Market size is estimated at $87.2 billion in 2020, projected to grow at a CAGR of 3.3% during the forecast period 2021-2026. Sweet biscuit is a flour based baked food product and its dough is generally used for strawberry shortcake which is dessert. Sweet biscuits like plain biscuits, cookies and others are affordable and easy to pick up, store and consume. Increasing demand for convenience food products coupled with changing preference of consumers towards cookies, plain biscuits as snacks are the major factors driving the growth of the Sweet Biscuit market. The biscuit is a low-cost, easy-to-find, and easy-to-eat basic and healthy food with a high and long shelf life, making it ideal for snacking. Every day, new products and appealing packaging have an impact on the sweet biscuits industry. It's sweeter than other biscuits and can be stuffed with fruit, nuts, or baking chips. They're great for breakfast or any time a person wants something filling but not too heavy, would drive up Sweet Biscuits industry demand.

Sweet Biscuit Market Report Coverage

The report: Sweet Biscuit Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Sweet Biscuit Market.

By Product Type: Chocolate-Coated Biscuits, Cookies, Filled Biscuits, Plain Biscuits, Sandwich Biscuits and Others.
By Packaging Type: Glass Bottle, Jar, Pouches/Packets and Others.
By Distribution Channel: E-Commerce, Hypermarket/Supermarket, Convenience Stores and Others.
By Geography: North America (U.S, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina and Rest of South America) and RoW (Middle East and Africa).

Key Takeaways

  • Sweet Biscuit Market growth is being driven by consumers desire to eat light food stuffs as their favourite snacks, which is met by manufacturers through a variety of products tailored to the preferences of consumers.
  • Geographically, North America Sweet Biscuit Market held the largest revenue share of 43% in 2020 owing to the growing product consumption. The scope of the Sweet Biscuit Market for various regions will be provided in the final report.
  • The Sweet Biscuits Industry is expanding owing to adoption of a new lifestyle and the high disposable income of middle-class households, consumers' preferences have moved dramatically towards these products.
  • Increasing cases of emergency food quality test failures and rising health problems in younger population hampers the Sweet Biscuits industry.

Sweet Biscuit Market: Market Share (%) by Region, 2020

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Sweet Biscuit Market Segment Analysis – By Product Type

Based on Product Type, In 2020, the Plain Biscuits Segment had the largest revenue market share. Plain biscuits are in high demand and are enjoyed by people from all walks of life all over the world, and the trend is expected to continue. Biscuits that are both handy and aid in nutrient measurement are in high demand around the world. As a result, companies are increasingly launching digestive biscuits, as well as innovative and creative plain biscuits, especially in emerging countries, where health-based biscuit consumption is on the rise. Sandwich Biscuits segment is anticipated to grow with the fastest CAGR of 4.7% in the forecast period 2021-2026 as the low-calorie spreads have emerged as a result of consumers' growing health consciousness. Rising consumer expenditure on ready-to-eat food items is driving segment growth, owing to benefits such as increased awareness of the need of a healthy breakfast. Over the projected period, the altering retail landscape and consumer preference for luxury bakery items are expected to drive demand for the market.

Sweet Biscuit Market Segment Analysis – By Distribution Channel

Based on Distribution Channel, E-Commerce accounted for the largest revenue market share in 2020 owing towards ease of availability of a wide selection of products in various flavors and uses as in various flavouring ingredient given by all brands at reasonable discounts. The growing number of smartphone and internet users is the primary driver of sector growth. These businesses give cash back and home delivery services, which contribute to the market's growth. Customers frequently purchase Sweet Biscuits with various flavors like chocolate coated biscuits, cookies, plain biscuits and others from online websites in order to save time due to the increasingly hectic lifestyle. Furthermore, the online retail segment is expected to account for the largest share of the market, owing to the fact that online retailing offers more discounts and purchase options, and the online platform has grown in popularity as a result of its ability to deliver products to customers' doorsteps. Major corporations, such as Big Basket, are collaborating with internet shops to broaden their customer base. They also create their online portals and websites to promote the growth of the market in order to increase product sales driving the Sweet Biscuits Industry. Supermarket/Hypermarket is anticipated to grow with the fastest CAGR of 4.1% in the forecast period 2021-2026. Supermarkets are attempting to engage customers and make them a part of the meal preparation process. Such activities set supermarket purchasing apart from that of larger, mass merchandisers, resulting in segment growth.

Sweet Biscuit Market Segment Analysis – By Geography

Based on Geography, North America Sweet Biscuit Market accounted for the 43% revenue share in 2020 the increased consumption of sandwich biscuits, cookies, plain biscuits, particularly among the working class people in the United States. Canada, in the North American region, has been driving the regional market further. Furthermore, the availability of flavours like plain biscuits, cookies, buttercream, chocolate, and peanut butter is expected to boost sales. The market is also being boosted by increased disposable income, urbanisation, and changing lifestyles. Asia-Pacific is predicted to be the fastest growing region during the forecast period 2021- 2026 owing to higher product intake which propel the Sweet Biscuit Market.

Sweet Biscuit Market - Drivers

The Growing Demand for Organic Food Product:

Sweet Biscuits are becoming increasingly popular around the world, as people seek for components that are both healthy and vegan. Consumer demand for plain biscuits, cookies and natural/organic claims are all growing in popularity. Traditional flavours are dominating the market, despite the introduction of Sweet Biscuits with increased health benefits and a variety of taste profiles. Also, the rise in demand for convenience meals can be seen more prominently in developing countries, as per capita food expenditure rises in tandem with per capita income is further aiding to the industry expansion.

Sweet Biscuit Market - Challenges

High Production Cost:

The Sweet Biscuit Market's growth is hampered owing to the high production cost of the key ingredients, product safety standards, government regulation of policy and the use of alternative technology. The market's growth is being hampered by a lack of raw materials. Furthermore, the rise in popularity of cereals and the reduction in bread sales are limiting its market expansion. Growing public awareness of the dangers of certain preservation chemicals is also a key hindrance to the market's expansion.

Sweet Biscuit Market - Landscape

The Sweet Biscuit Market's main strategies include product launches, mergers and acquisitions, joint ventures, and regional expansion. Sweet Biscuit Market top 10 companies are Mondelez International Inc., Kerry, Britannia Industries Limited, PepsiCo Inc., Nestle SA, Parle Products Private Limited, Yildiz Holding AS, The Campbell Soup Company, Kraft Foods Group Inc., ITC Ltd. and Grupo Bimbo.

Acquisitions/Product Launches:

  • In January, 2021, Kerry expands its nutritional food range owing to increasing demand of vegan, organic and allergen-free products. This expansion helps to increase the development in food and beverage sector and thus expanding the market growth.
  • In April 2020, Give & Go, a North American leader in fully-finished sweet baked treats, has been bought by Mondelez International Inc. Both firms will benefit from this transaction, which will help them accelerate innovation, consumer engagement, and strategic retail alliances.

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1. Sweet Biscuit Market - Overview
    1.1 Definitions and Scope
2. Sweet Biscuit Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends
    2.2 Key trends by Product Type
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Geography
3. Sweet Biscuit Market - Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis– Key Companies
    3.3 Market Share Analysis
    3.4 Patent Analysis
    3.5 Pricing Analysis- Average Price
4. Sweet Biscuit Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Sweet Biscuit Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
6. Sweet Biscuit Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Sweet Biscuit Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Sweet Biscuit Market – By Product Type (Market Size –$Million/$Billion)
    8.1 Chocolate-Coated Biscuits
    8.2 Cookies
    8.3 Filled Biscuits
    8.4 Plain Biscuits
    8.5 Sandwich Biscuits
    8.6 Others
9. Sweet Biscuit Market – By Packaging Type(Market Size –$Million/$Billion)
    9.1 Glass Bottle
    9.2 Jar
    9.3 Pouches/Packets
    9.4 Others
10. Sweet Biscuit Market – By Distribution Channel (Market Size –$Million/$Billion)
   10.1 E-Commerce
   10.2 Hypermarket/Supermarket
   10.3 Convenience Stores
   10.4 Others
11. Sweet Biscuit Market - By Geography (Market Size –$Million/$Billion)
   11.1 North America
      11.1.1 U.S.
      11.1.2 Canada
      11.1.3 Mexico
   11.2 Europe
      11.2.1 U.K.
      11.2.2 Germany
      11.2.3 France
      11.2.4 Italy
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Asia-Pacific
      11.3.1 China
      11.3.2 India
      11.3.3 Japan
      11.3.4 South Korea
      11.3.5 Australia & New Zealand
      11.3.6 Rest of Asia-Pacific
      11.4 South America
         11.4.1 Brazil
         11.4.2 Argentina
         11.4.3 Rest of South America
   11.5 Rest of the World
      11.5.1 Middle East
      11.5.2 Africa
12. Sweet Biscuit Market - Entropy
13. Sweet Biscuit Market – Industry/Segment Competition Landscape Premium 
   13.1 Market Share Analysis
      13.1.1 Global Market Share – Key Companies
      13.1.2 Market Share by Region – Key companies
      13.1.3 Market Share by Countries – Key Companies
      13.1.4 Competition Matrix
      13.1.5 Best Practices for Companies
14. Sweet Biscuit Market – Key Company List by Country Premium Premium
15. Sweet Biscuit Market Company Analysis
   15.1 Company 1
   15.2 Company 2
   15.3 Company 3
   15.4 Company 4
   15.5 Company 5
   15.6 Company 6
   15.7 Company 7
   15.8 Company 8
   15.9 Company 9
   15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Product Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Chocolate-coated Biscuits Market 2019-2024 ($M)
1.1.2 Cookies Market 2019-2024 ($M)
1.1.3 Filled Biscuits Market 2019-2024 ($M)
1.1.4 Plain Biscuits Market 2019-2024 ($M)
1.1.5 Sandwich Biscuits Market 2019-2024 ($M)
1.2 By Distribution Channel Market 2019-2024 ($M) - Global Industry Research
1.2.1 Supermarkets and Hypermarkets Market 2019-2024 ($M)
1.2.2 Specialist Retailers Market 2019-2024 ($M)
1.2.3 Convenience Stores Market 2019-2024 ($M)
1.2.4 Online Stores Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Most Active Companies Market 2019-2024 ($M) - Global Industry Research
2.2 Market Positioning of Players Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Product Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Chocolate-coated Biscuits Market 2019-2024 (Volume/Units)
3.1.2 Cookies Market 2019-2024 (Volume/Units)
3.1.3 Filled Biscuits Market 2019-2024 (Volume/Units)
3.1.4 Plain Biscuits Market 2019-2024 (Volume/Units)
3.1.5 Sandwich Biscuits Market 2019-2024 (Volume/Units)
3.2 By Distribution Channel Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Supermarkets and Hypermarkets Market 2019-2024 (Volume/Units)
3.2.2 Specialist Retailers Market 2019-2024 (Volume/Units)
3.2.3 Convenience Stores Market 2019-2024 (Volume/Units)
3.2.4 Online Stores Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Most Active Companies Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Market Positioning of Players Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Chocolate-coated Biscuits Market 2019-2024 ($M)
5.1.2 Cookies Market 2019-2024 ($M)
5.1.3 Filled Biscuits Market 2019-2024 ($M)
5.1.4 Plain Biscuits Market 2019-2024 ($M)
5.1.5 Sandwich Biscuits Market 2019-2024 ($M)
5.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Supermarkets and Hypermarkets Market 2019-2024 ($M)
5.2.2 Specialist Retailers Market 2019-2024 ($M)
5.2.3 Convenience Stores Market 2019-2024 ($M)
5.2.4 Online Stores Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
6.2 Market Positioning of Players Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Chocolate-coated Biscuits Market 2019-2024 ($M)
7.1.2 Cookies Market 2019-2024 ($M)
7.1.3 Filled Biscuits Market 2019-2024 ($M)
7.1.4 Plain Biscuits Market 2019-2024 ($M)
7.1.5 Sandwich Biscuits Market 2019-2024 ($M)
7.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Supermarkets and Hypermarkets Market 2019-2024 ($M)
7.2.2 Specialist Retailers Market 2019-2024 ($M)
7.2.3 Convenience Stores Market 2019-2024 ($M)
7.2.4 Online Stores Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
8.2 Market Positioning of Players Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Chocolate-coated Biscuits Market 2019-2024 ($M)
9.1.2 Cookies Market 2019-2024 ($M)
9.1.3 Filled Biscuits Market 2019-2024 ($M)
9.1.4 Plain Biscuits Market 2019-2024 ($M)
9.1.5 Sandwich Biscuits Market 2019-2024 ($M)
9.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Supermarkets and Hypermarkets Market 2019-2024 ($M)
9.2.2 Specialist Retailers Market 2019-2024 ($M)
9.2.3 Convenience Stores Market 2019-2024 ($M)
9.2.4 Online Stores Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
10.2 Market Positioning of Players Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Chocolate-coated Biscuits Market 2019-2024 ($M)
11.1.2 Cookies Market 2019-2024 ($M)
11.1.3 Filled Biscuits Market 2019-2024 ($M)
11.1.4 Plain Biscuits Market 2019-2024 ($M)
11.1.5 Sandwich Biscuits Market 2019-2024 ($M)
11.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Supermarkets and Hypermarkets Market 2019-2024 ($M)
11.2.2 Specialist Retailers Market 2019-2024 ($M)
11.2.3 Convenience Stores Market 2019-2024 ($M)
11.2.4 Online Stores Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
12.2 Market Positioning of Players Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Chocolate-coated Biscuits Market 2019-2024 ($M)
13.1.2 Cookies Market 2019-2024 ($M)
13.1.3 Filled Biscuits Market 2019-2024 ($M)
13.1.4 Plain Biscuits Market 2019-2024 ($M)
13.1.5 Sandwich Biscuits Market 2019-2024 ($M)
13.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Supermarkets and Hypermarkets Market 2019-2024 ($M)
13.2.2 Specialist Retailers Market 2019-2024 ($M)
13.2.3 Convenience Stores Market 2019-2024 ($M)
13.2.4 Online Stores Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
14.2 Market Positioning of Players Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Sweet Biscuit Market Revenue, 2019-2024 ($M)
2.Canada Sweet Biscuit Market Revenue, 2019-2024 ($M)
3.Mexico Sweet Biscuit Market Revenue, 2019-2024 ($M)
4.Brazil Sweet Biscuit Market Revenue, 2019-2024 ($M)
5.Argentina Sweet Biscuit Market Revenue, 2019-2024 ($M)
6.Peru Sweet Biscuit Market Revenue, 2019-2024 ($M)
7.Colombia Sweet Biscuit Market Revenue, 2019-2024 ($M)
8.Chile Sweet Biscuit Market Revenue, 2019-2024 ($M)
9.Rest of South America Sweet Biscuit Market Revenue, 2019-2024 ($M)
10.UK Sweet Biscuit Market Revenue, 2019-2024 ($M)
11.Germany Sweet Biscuit Market Revenue, 2019-2024 ($M)
12.France Sweet Biscuit Market Revenue, 2019-2024 ($M)
13.Italy Sweet Biscuit Market Revenue, 2019-2024 ($M)
14.Spain Sweet Biscuit Market Revenue, 2019-2024 ($M)
15.Rest of Europe Sweet Biscuit Market Revenue, 2019-2024 ($M)
16.China Sweet Biscuit Market Revenue, 2019-2024 ($M)
17.India Sweet Biscuit Market Revenue, 2019-2024 ($M)
18.Japan Sweet Biscuit Market Revenue, 2019-2024 ($M)
19.South Korea Sweet Biscuit Market Revenue, 2019-2024 ($M)
20.South Africa Sweet Biscuit Market Revenue, 2019-2024 ($M)
21.North America Sweet Biscuit By Application
22.South America Sweet Biscuit By Application
23.Europe Sweet Biscuit By Application
24.APAC Sweet Biscuit By Application
25.MENA Sweet Biscuit By Application