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Executive @ Maximize Market Research Pvt Ltd

#𝑩𝒊𝒔𝒄𝒖𝒊𝒕𝒔 #𝑴𝒂𝒓𝒌𝒆𝒕: 𝑭𝒓𝒐𝒎 𝑪𝒍𝒂𝒔𝒔𝒊𝒄 𝑪𝒓𝒖𝒏𝒄𝒉 𝒕𝒐 𝑯𝒆𝒂𝒍𝒕𝒉𝒊𝒆𝒓 𝑩𝒊𝒕𝒆𝒔! 𝗦𝘁𝗮𝘆 𝘁𝘂𝗻𝗲𝗱 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝘁𝗿𝗲𝗻𝗱𝘀 𝗮𝗻𝗱 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀: https://lnkd.in/dQgeVZGH 𝑴𝒂𝒓𝒌𝒆𝒕 𝑺𝒊𝒛𝒆 𝒂𝒏𝒅 𝑮𝒓𝒐𝒘𝒕𝒉: In 2023, the biscuits market was valued at USD 122.96 billion. Expected to grow at a 5% CAGR from 2024 to 2030, the market will reach an impressive USD 173.02 billion by 2030. 𝑹𝒊𝒔𝒊𝒏𝒈 𝑯𝒆𝒂𝒍𝒕𝒉 𝑪𝒐𝒏𝒔𝒄𝒊𝒐𝒖𝒔𝒏𝒆𝒔𝒔: The shift towards healthier biscuits—low-calorie, low-fat, and sugar-free options—is becoming a major driver. Brands like Britannia and Parle are launching grain-based and sugar-free varieties, catering to health-conscious consumers. 𝑮𝒍𝒐𝒃𝒂𝒍 𝑹𝒆𝒂𝒄𝒉 𝒂𝒏𝒅 𝑨𝒄𝒄𝒆𝒔𝒔𝒊𝒃𝒊𝒍𝒊𝒕𝒚: The increasing availability of biscuits through hypermarkets, malls, and online platforms is propelling global consumption. Premium and gourmet biscuits, like those from Marks & Spencer and Oreo, are driving consumer demand for high-quality, luxurious snacks. 𝑪𝒉𝒂𝒍𝒍𝒆𝒏𝒈𝒆𝒔: 𝑭𝒍𝒖𝒄𝒕𝒖𝒂𝒕𝒊𝒏𝒈 𝑹𝒂𝒘 𝑴𝒂𝒕𝒆𝒓𝒊𝒂𝒍 𝑷𝒓𝒊𝒄𝒆𝒔: The rise in costs of wheat, sugar, and oil has put pressure on production costs, impacting the price and potentially lowering consumer demand. 𝑺𝒆𝒈𝒎𝒆𝒏𝒕 𝑶𝒗𝒆𝒓𝒗𝒊𝒆𝒘: 𝑾𝒉𝒂𝒕’𝒔 𝑻𝒓𝒆𝒏𝒅𝒊𝒏𝒈? Sweet Biscuits are expected to dominate with a CAGR of 5.35%, thanks to their taste and nutritional content. The online retail segment is set to grow, as e-commerce platforms offer more choices and discounts with convenient doorstep delivery. 𝑹𝒆𝒈𝒊𝒐𝒏𝒂𝒍 𝑰𝒏𝒔𝒊𝒈𝒉𝒕𝒔 Asia Pacific leads the market with 33% market share in 2023, driven by rising disposable incomes and increased consumption. Europe is set to grow at a CAGR of 5.25%, thanks to increasing demand for healthy biscuits. #Biscuits #FoodInnovation #MarketGrowth #HealthySnacks

  • Biscuits Market

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