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Sweet Biscuit Market Trend, Opportunity, and Forecast Analysis, 2024-2032

Sweet Biscuit Market

Sweet Biscuit Market is segmented by Product Type, Distribution Channel, and by Region. KDMI analyst foresees market revenue to cross USD 121.74 Billion by 2032 by growing with a CAGR of 3.5% during 2024-2032.


Sweet Biscuit Market Highlights

The global sweet biscuit market is expected to cross a value of USD 121.74 billion by the end of 2032. The market was valued at USD 91.3 billion in 2023 and is expected to expand at a CAGR of 3.5% between 2024-2032.

  • Over the mid-term, the growing trend of quick snacking is the primary factor anticipated to drive the global sweet biscuit market.
  • The growing awareness for health consciousness is a major factor to challenge the market growth.
  • The North America sweet biscuit market is projected to dominate the global market.

                           Sweet Biscuit Market: Report Scope

Base Year

     2023

Base Year Market Size

     USD 91.3 Billion

Forecast Year

     2024-2032

Forecast Year Market Size

     USD 121.74 Billion

CAGR Value

     3.5%

Sweet Biscuit Market Key Trends/Major Growth Drivers

  • Growing Availability of Different Flavors of Sweet Biscuits
  • Increasing Sales Opportunities of Sweet Biscuits in E-Commerce Platforms
  • Growing Trend of Quick Snacking

Restraint Factors

  • Growing Awareness of Health Consciousness
  • Availability of Alternative Healthier Snack Options

Sweet Biscuit Market Segmentation

  • By Product
  • By Distribution Channel
  • By Geography

Sweet Biscuit Market Key Players

Mondelēz International Inc. (belVita), Burton's Biscuit Company, ITC Limited (Sunfeast, Dark Fantasy), Parle Products Private Limited, The Kellogg's Company, Britannia Industries Limited, Yildiz Holding AS, Grupo Bimbo, Bahlsen GmbH & Co. KG, Simple Mills, Lotus Biscoff, Ferrero Foundation, The Campbell Soup Company (Arnott's), and others.


Sweet Biscuit Market Outlook

The baked goods that are typically sweetened and flavored with sugar, butter, chocolate, nuts, and other spices among others, are known as sweet biscuits. Also known as cookies, these biscuits are characterized by their crispy or crunchy texture. Sweet biscuits are usually available in a variety of shapes, sizes, and flavors.

According to our experts at KD Market Insights, one of the major factors anticipated to drive the growth of the global sweet biscuit market is the growing trend of quick snacking. The growing busy lifestyles of people, supported by rapid urbanization globally, has raised the demand for on-the-go consumption habits. Individuals are also preferring for convenient and portable food options, such as sweet biscuits. These biscuits offer a quick and indulgent treat for consumers who are looking for snacks that can be consumed quickly between meals. Hence, the growing trend of snacking is expected to drive the contribute to the market growth of sweet biscuits during the forecast period. Mondelēz International Inc. (belVita), Burton's Biscuit Company, and ITC Limited (Sunfeast, Dark Fantasy) are some of the significant parties in the global market for sweet biscuit.

Sweet Biscuit Market Graph                                       Get More Insights on This Report - Request Free Sample PDF


Sweet Biscuit Market Drivers – Analyst’s Observation

According to the analysts at KD Market Insights, some key growth drivers for the global sweet biscuit market are:

  • Growing Availability of Different Flavors of Sweet Biscuits: The manufacturers of sweet biscuits worldwide are increasingly working on innovating and introducing new varieties of sweet biscuits that are also available in different flavors and formulations. Based on changing consumer preferences and evolving tastes, the manufacturers of sweet biscuits are introducing exotic flavors, healthier ingredients, and indulgent offerings. These actions of the manufacturers that are focused on enhancing consumer interests and developing preferences based on consumer taste, is therefore expected to increase the market growth.
  • Increasing Sales Opportunities of Sweet Biscuits in E-Commerce Platforms: The growing e-commerce industry worldwide has opened up new doors for sales of sweet biscuits. Backed by the growing e-commerce industry, sweet biscuit manufacturers are increasingly taking the opportunity to place their products across different online distribution channels. On the other hand, the growing trend of direct-to-consumer business model is also poised to drive the market growth during the forecast period.

Which Probable Factors Could Hamper the Growing Sweet Biscuit Market Trend?

As per our KD Market Insights analysis, some of the challenges expected to limit the global market growth of sweet biscuit are:

  • Growing Awareness of Health Consciousness: The rising awareness for health issues associated with sweet biscuits, such as obesity, diabetes, and cardiovascular diseases, which has led to greater awareness for health consciousness among individuals, is expected to limit the market growth.
  • Availability of Alternative Healthier Snack Options: The increasing preference of consumers for alternative healthier snack options, such as protein bars, granola bars, yogurt, and fresh fruits which are marketed as low-sugar, low-fat, or high-protein options, are expected to pose numerous challenges for market growth.

How is the Global Sweet Biscuit Market Segmented?

Our experts at KD Market Insights have segmented the global sweet biscuit market as:

By Product

  • Chocolate-coated Biscuits
  • Cookies
  • Filled Biscuits
  • Plain Biscuits
  • Sandwich Biscuits
  • Other Sweet Biscuits

By Distribution Channel

 

  • Supermarkets/Hypermarkets
  • Specialist Retailers
  • Convenience Stores
  • Online Stores
  • Other Distribution Channels

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa

 

What are the Probable Factors Influencing the North America Sweet Biscuit Market Forecast?

The North America sweet biscuit market is majorly driven by the availability of a diverse population who have variety of preferences and tastes, in turn, raising the need amongst sweet biscuit manufacturers to innovate a wide range of flavors, textures, and varieties. Moreover, growing need for indulgent treats and comfort foods in the region, along with the rising focus of the sweet biscuit manufacturers on developing ingredients that meet the evolving consumer preferences for healthier, better-for-you, and functional snack options are projected to contribute to the market growth during the forecast period.

As per our analysts at KD Market Insights, the following five players lead the North America sweet biscuit market growth:

  • SweetBite Bakery
  • SugarCrave Cookies
  • Blissful Bites Biscuits
  • SweetTreats Confections
  • Delightful Crunch Biscuit Co.

Key Countries to Watch for in North America Sweet Biscuit Market

Key Insights

United States  Sweet Biscuit  Market to Register the Largest Regional Market Share in 2032

USD 34.08 Billion

Canada Sweet Biscuit Market to Grow with the Highest CAGR During 2024-2032

3.8%


Which Key Players Top the Global Sweet Biscuit Market Share?

As per our analysts at KD Market Insights, the competitive landscape of global sweet biscuit market facilitates our readers in identifying their closest competitors. The manufacturers who are associated with sweet biscuit market are raising their focus on expanding their presence, as well as their market share. The market has also been witnessing an upward movement in the number of collaborations between research institutions and key players, aimed at introducing advanced technologies and innovation of new products. Here is a list of the key players who top the global sweet biscuit market share:

  • Mondelēz International Inc. (belVita)
  • Burton's Biscuit Company
  • ITC Limited (Sunfeast, Dark Fantasy)
  • Parle Products Private Limited
  • The Kellogg's Company
  • Britannia Industries Limited
  • Yildiz Holding AS
  • Grupo Bimbo
  • Bahlsen GmbH & Co. KG
  • Simple Mills
  • Lotus Biscoff
  • Ferrero Foundation
  • The Campbell Soup Company (Arnott's)

What are the Recent Developments Observed in the Sweet Biscuit Market?

Over the years, the experts at KD Market Insights have been observing the recent developments associated with global sweet biscuit market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.

For instance, Britannia Industries Limited stated that it has launched its biscuit brand ‘Good Day’ by adding three new varieties of the sweet biscuit product.

Further, Kellogg’s Company shared that it has launched two flavors of sweet biscuit as part of the Special K range, namely, Dark Chocolate Curls and Mixed Berries with Blackcurrant.


Research Methodology
Market Definition and List of Abbreviations
 1. Executive Summary
 2. Growth Drivers & Issues in Sweet Biscuit Market
 3. Sweet Biscuit Market Trends
 4. Opportunities in Sweet Biscuit Market
 5. Recent Industry Activities, 2021
 6. Porter’s Five Forces Analysis
 7. Market Value Chain and Supply Chain Analysis
 8. Products Average Price Analysis, By Country
 9. Sweet Biscuit Market Size & Forecast (USD Million), 2021-2027

10. Sweet Biscuit Market Segmentation Analysis, By Type
 10.1. Introduction
 10.2. Market Attractiveness, By Type
 10.3. BPS Analysis, By Type
 10.4. Butter based biscuit Market Size & Forecast (USD Million), 2021-2027
 10.5. Chocolate Cookies Market Size & Forecast (USD Million), 2021-2027
 10.6. Plain Cookies Market Size & Forecast (USD Million), 2021-2027
 10.7. Wafer Biscuits Market Size & Forecast (USD Million), 2021-2027
 10.8. Crackers Market Size & Forecast (USD Million), 2021-2027
 10.9. Fruit Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 10.10. Cheese Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 10.11. Others Market Size & Forecast (USD Million), 2021-2027

11. Sweet Biscuit Market Segmentation Analysis, By Distribution Channel
 11.1. Introduction
 11.2. Market Attractiveness, By Distribution Channel
 11.3. BPS Analysis, By Distribution Channel
 11.4. Supermarkets/Hypermarkets Market Size & Forecast (USD Million), 2021-2027
 11.5. Convenience Stores Market Size & Forecast (USD Million), 2021-2027
 11.6. Independent Retailers Market Size & Forecast (USD Million), 2021-2027
 11.7. Online Stores Market Size & Forecast (USD Million), 2021-2027
 11.8. Others Market Size & Forecast (USD Million), 2021-2027

12. Geographical Analysis
 12.1. Introduction
12.2. North America Market Size & Forecast (USD Million), 2021-2027
 12.2.1. By Type
 12.2.1.1. Introduction
 12.2.1.2. Market Attractiveness, By Type
 12.2.1.3. BPS Analysis, By Type
 12.2.1.4. Butter based biscuit Market Size & Forecast (USD Million), 2021-2027
 12.2.1.5. Chocolate Cookies Market Size & Forecast (USD Million), 2021-2027
 12.2.1.6. Plain Cookies Market Size & Forecast (USD Million), 2021-2027
 12.2.1.7. Wafer Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.2.1.8. Crackers Market Size & Forecast (USD Million), 2021-2027
 12.2.1.9. Fruit Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.2.1.10. Cheese Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.2.1.11. Others Market Size & Forecast (USD Million), 2021-2027
 12.2.2. By Distribution Channel
 12.2.2.1. Introduction
 12.2.2.2. Market Attractiveness, By Distribution Channel
 12.2.2.3. BPS Analysis, By Distribution Channel
 12.2.2.4. Supermarkets/Hypermarkets Market Size & Forecast (USD Million), 2021-2027
 12.2.2.5. Convenience Stores Market Size & Forecast (USD Million), 2021-2027
 12.2.2.6. Independent Retailers Market Size & Forecast (USD Million), 2021-2027
 12.2.2.7. Online Stores Market Size & Forecast (USD Million), 2021-2027
 12.2.2.8. Others Market Size & Forecast (USD Million), 2021-2027
 12.2.3. By Country
 12.2.3.1. Market Attractiveness, By Country
 12.2.3.2. BPS Analysis, By Country
 12.2.3.3. U.S. Market Size & Forecast (USD Million), 2021-2027
 12.2.3.4. Canada Market Size & Forecast (USD Million), 2021-2027

12.3. Europe Market Size & Forecast (USD Million), 2021-2027
 12.3.1. By Type
 12.3.1.1. Introduction
 12.3.1.2. Market Attractiveness, By Type
 12.3.1.3. BPS Analysis, By Type
 12.3.1.4. Butter based biscuit Market Size & Forecast (USD Million), 2021-2027
 12.3.1.5. Chocolate Cookies Market Size & Forecast (USD Million), 2021-2027
 12.3.1.6. Plain Cookies Market Size & Forecast (USD Million), 2021-2027
 12.3.1.7. Wafer Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.3.1.8. Crackers Market Size & Forecast (USD Million), 2021-2027
 12.3.1.9. Fruit Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.3.1.10. Cheese Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.3.1.11. Others Market Size & Forecast (USD Million), 2021-2027
 12.3.2. By Distribution Channel
 12.3.2.1. Introduction
 12.3.2.2. Market Attractiveness, By Distribution Channel
 12.3.2.3. BPS Analysis, By Distribution Channel
 12.3.2.4. Supermarkets/Hypermarkets Market Size & Forecast (USD Million), 2021-2027
 12.3.2.5. Convenience Stores Market Size & Forecast (USD Million), 2021-2027
 12.3.2.6. Independent Retailers Market Size & Forecast (USD Million), 2021-2027
 12.3.2.7. Online Stores Market Size & Forecast (USD Million), 2021-2027
 12.3.2.8. Others Market Size & Forecast (USD Million), 2021-2027
 12.3.3. By Country
 12.3.3.1. Market Attractiveness, By Country
 12.3.3.2. BPS Analysis, By Country
 12.3.3.3. Germany Market Size & Forecast (USD Million), 2021-2027
 12.3.3.4. United Kingdom Market Size & Forecast (USD Million), 2021-2027
 12.3.3.5. France Market Size & Forecast (USD Million), 2021-2027
 12.3.3.6. Italy Market Size & Forecast (USD Million), 2021-2027
 12.3.3.7. Spain Market Size & Forecast (USD Million), 2021-2027
 12.3.3.8. Russia Market Size & Forecast (USD Million), 2021-2027
 12.3.3.9. Rest of Europe Market Size & Forecast (USD Million), 2021-2027

12.4. Asia Pacific Market Size & Forecast (USD Million), 2021-2027
 12.4.1. By Type
 12.4.1.1. Introduction
 12.4.1.2. Market Attractiveness, By Type
 12.4.1.3. BPS Analysis, By Type
 12.4.1.4. Butter based biscuit Market Size & Forecast (USD Million), 2021-2027
 12.4.1.5. Chocolate Cookies Market Size & Forecast (USD Million), 2021-2027
 12.4.1.6. Plain Cookies Market Size & Forecast (USD Million), 2021-2027
 12.4.1.7. Wafer Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.4.1.8. Crackers Market Size & Forecast (USD Million), 2021-2027
 12.4.1.9. Fruit Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.4.1.10. Cheese Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.4.1.11. Others Market Size & Forecast (USD Million), 2021-2027
 12.4.2. By Distribution Channel
 12.4.2.1. Introduction
 12.4.2.2. Market Attractiveness, By Distribution Channel
 12.4.2.3. BPS Analysis, By Distribution Channel
 12.4.2.4. Supermarkets/Hypermarkets Market Size & Forecast (USD Million), 2021-2027
 12.4.2.5. Convenience Stores Market Size & Forecast (USD Million), 2021-2027
 12.4.2.6. Independent Retailers Market Size & Forecast (USD Million), 2021-2027
 12.4.2.7. Online Stores Market Size & Forecast (USD Million), 2021-2027
 12.4.2.8. Others Market Size & Forecast (USD Million), 2021-2027
 12.4.3. By Country
 12.4.3.1. Market Attractiveness, By Country
 12.4.3.2. BPS Analysis, By Country
 12.4.3.3. China Market Size & Forecast (USD Million), 2021-2027
 12.4.3.4. India Market Size & Forecast (USD Million), 2021-2027
 12.4.3.5. Japan Market Size & Forecast (USD Million), 2021-2027
 12.4.3.6. South Korea Market Size & Forecast (USD Million), 2021-2027
 12.4.3.7. Indonesia Market Size & Forecast (USD Million), 2021-2027
 12.4.3.8. Taiwan Market Size & Forecast (USD Million), 2021-2027
 12.4.3.9. Australia Market Size & Forecast (USD Million), 2021-2027
 12.4.3.10. New Zealand Market Size & Forecast (USD Million), 2021-2027
 12.4.3.11. Rest of Asia Pacific Market Size & Forecast (USD Million), 2021-2027

12.5. Latin America Market Size & Forecast (USD Million), 2021-2027
 12.5.1. By Type
 12.5.1.1. Introduction
 12.5.1.2. Market Attractiveness, By Type
 12.5.1.3. BPS Analysis, By Type
 12.5.1.4. Butter based biscuit Market Size & Forecast (USD Million), 2021-2027
 12.5.1.5. Chocolate Cookies Market Size & Forecast (USD Million), 2021-2027
 12.5.1.6. Plain Cookies Market Size & Forecast (USD Million), 2021-2027
 12.5.1.7. Wafer Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.5.1.8. Crackers Market Size & Forecast (USD Million), 2021-2027
 12.5.1.9. Fruit Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.5.1.10. Cheese Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.5.1.11. Others Market Size & Forecast (USD Million), 2021-2027
 12.5.2. By Distribution Channel
 12.5.2.1. Introduction
 12.5.2.2. Market Attractiveness, By Distribution Channel
 12.5.2.3. BPS Analysis, By Distribution Channel
 12.5.2.4. Supermarkets/Hypermarkets Market Size & Forecast (USD Million), 2021-2027
 12.5.2.5. Convenience Stores Market Size & Forecast (USD Million), 2021-2027
 12.5.2.6. Independent Retailers Market Size & Forecast (USD Million), 2021-2027
 12.5.2.7. Online Stores Market Size & Forecast (USD Million), 2021-2027
 12.5.2.8. Others Market Size & Forecast (USD Million), 2021-2027
 12.5.3. By Country
 12.5.3.1. Market Attractiveness, By Country
 12.5.3.2. BPS Analysis, By Country
 12.5.3.3. Brazil Market Size & Forecast (USD Million), 2021-2027
 12.5.3.4. Mexico Market Size & Forecast (USD Million), 2021-2027
 12.5.3.5. Rest of Latin America Market Size & Forecast (USD Million), 2021-2027

12.6. Middle East & Africa Market Size & Forecast (USD Million), 2021-2027
 12.6.1. By Type
 12.6.1.1. Introduction
 12.6.1.2. Market Attractiveness, By Type
 12.6.1.3. BPS Analysis, By Type
 12.6.1.4. Butter based biscuit Market Size & Forecast (USD Million), 2021-2027
 12.6.1.5. Chocolate Cookies Market Size & Forecast (USD Million), 2021-2027
 12.6.1.6. Plain Cookies Market Size & Forecast (USD Million), 2021-2027
 12.6.1.7. Wafer Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.6.1.8. Crackers Market Size & Forecast (USD Million), 2021-2027
 12.6.1.9. Fruit Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.6.1.10. Cheese Flavored Biscuits Market Size & Forecast (USD Million), 2021-2027
 12.6.1.11. Others Market Size & Forecast (USD Million), 2021-2027
 12.6.2. By Distribution Channel
 12.6.2.1. Introduction
 12.6.2.2. Market Attractiveness, By Distribution Channel
 12.6.2.3. BPS Analysis, By Distribution Channel
 12.6.2.4. Supermarkets/Hypermarkets Market Size & Forecast (USD Million), 2021-2027
 12.6.2.5. Convenience Stores Market Size & Forecast (USD Million), 2021-2027
 12.6.2.6. Independent Retailers Market Size & Forecast (USD Million), 2021-2027
 12.6.2.7. Online Stores Market Size & Forecast (USD Million), 2021-2027
 12.6.2.8. Others Market Size & Forecast (USD Million), 2021-2027
 12.6.3. By Geography
 12.6.3.1. Market Attractiveness, By Geography
 12.6.3.2. BPS Analysis, By Geography
 12.6.3.3. GCC Market Size & Forecast (USD Million), 2021-2027
 12.6.3.4. North Africa Market Size & Forecast (USD Million), 2021-2027
 12.6.3.5. South Africa Market Size & Forecast (USD Million), 2021-2027
 12.6.3.6. Rest of Middle East & Africa Market Size & Forecast (USD Million), 2021-2027

13. Competitive Landscape
 13.1. Market Share of Key Players
 13.2. Market Positioning of Major Players in Sweet Biscuit Market
 13.3. Company Profiles
 13.3.1. Britannia Industries Limited
 13.3.2. Mondelez International, Inc.
 13.3.3. ITC Limited
 13.3.4. Nestle SA
 13.3.5. Kraft Foods Group, Inc
 13.3.6. The Kellogg Company
 13.3.7. Lotus Bakeries NV
 13.3.8. United Biscuits
 13.3.9. Burton Biscuits
 13.3.10. Other Major & Niche Players

 

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Booklet
  • Publication date: 12th April 2024
  • Base year: 2022
  • Forecast year: 2023-2033
  • Format: PDF, PPT,Word,Excel

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Frequently Asked Questions(FAQ)

The global sweet biscuit market is expected to cross a value of USD 121.74 billion by the end of 2032.

The global sweet biscuit market was valued at USD 91.3 billion in 2023.

Over the mid-term, the growing trend of quick snacking is the primary factor anticipated to drive the global sweet biscuit market.

The global sweet biscuit market is segmented by product type, distribution channel, and by geography.

The sweet biscuit market is projected to dominate the global market in 2032.

Some of the key players in the sweet biscuit market include Mondelēz International Inc. (belVita), Burton's Biscuit Company, ITC Limited (Sunfeast, Dark Fantasy), Parle Products Private Limited, The Kellogg's Company, and Britannia Industries Limited among others.

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