Global High-Fiber Biscuit Market 2017-2021

Overview of the global high-fiber biscuit market

According to Technavio’s analyst, the global high-fiber biscuit market is anticipated to grow at a steady rate and will post a CAGR of more than 7% during the forecast period. The growing demand for sugar-free high-fiber biscuits will drive the growth prospects for the global high-fiber biscuit market until the end of 2021. One of the major factors responsible for the growing demand for sugar-free biscuits among consumers is the increasing number of diabetes cases in various parts of the world. Also, according to the industry research report, it has been estimated that nearly 74% of men and 64% of women in the UK will be overweight, and nearly 42% of the US population will be obese by 2030. Moreover, since many consumers refer labels on various high fiber food and beverage products to determine the sugar content, the biscuit manufacturers are increasingly focusing on introducing a variety of sugar-free high-fiber biscuits for different product applications.

In terms of geography, the Americas accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the market's growth in the region is the increasing number of overall consumption of fiber-rich products like whole grain in forms like bread, oatmeal, popcorn, biscuits, high fiber cereals, and pasta. Also, the inclination toward oat-related products like oat biscuits is another factor for the growth of the high-fiber biscuit market within the region

Competitive landscape and key vendors

The global high-fiber biscuit market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors are increasingly competing against each other based on factors such as price, quality, innovation, reputation, and distribution. Also, some of the risk factors witnessed by these vendors include intense competition among players and rapid technological changes. Furthermore, several players adopt strategies such as omnichannel retailing, labeling strategy, and innovations in packaging and types to sustain in the market.

Key vendors in this market are -

• AVI
• Mondelēz International
• Pladis
• Parle Products

Other prominent vendors in the market include Britannia, Continental Biscuits, Damhert, Ensar Foreign Trade Company,  Galletas Gullón, Herbal-Direct,  ITC, Kellogg, Life Fit Health Foods, Nairn's Oatcakes, Quaker Oats,  RYVITA, UNIBIC India, Walkers Shortbread, and Weetabix.

Segmentation by type and analysis of the high-fiber biscuit market

• Plain and sandwich biscuits
• Cookie
• Crackers, thins, crackerbread, and crispbread

The high-fiber cookie segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the market segment's growth is the increasing number of health-conscious population and the growing preference for high fiber diet, high fiber cookies, and healthy oatmeal cookies. Furthermore, with the growing demand for different flavors like oats and chocolate, oats and almonds, oats - milk almond, and honey nuts, the market segment will witness a growth in the coming years.

Segmentation by distribution channel and analysis of the high-fiber biscuit market

• Supermarkets and hypermarkets
• Independent retailers
• Convenience stores

Supermarkets and hypermarkets accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. Some of the major factors responsible for the market segment's growth is the improvement in the organized retail sector in developed and developing economies, the establishment of numerous retail outlets, and the availability of wide range of products.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global high-fiber biscuit market?
• What are the key market trends impacting the growth of the global high-fiber biscuit market?
• What are the challenges to market growth?
• Who are the key vendors in the global high-fiber biscuit market?
• What are the market opportunities and threats faced by the vendors in the global high-fiber biscuit market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global high-fiber biscuit market?

Technavio also offers customization on reports based on specific client requirement.

The market research analysts at Technavio have hands-on experience in identifying the various verticals of this industry and capturing its progress, latest trends, identifying the emerging markets and understanding the challenges this industry is currently witnessing. The reports curated by us help in identifying the growth prospects of food segments right from ready-to-eat processed food products, dehydrated soups, canned cereals, food additives, salad dressing, food processing to their wholesale and retail distribution networks. Some of the major vendors in the food industry that have a strong presence in the market include Kraft Heinz, Givaudan, Unilever, ConAgra, 2 Sisters Food Group, Nestlé, The Hain Celestial Group, General Mills, Dr. Schär and Epermarket. 

To identify the F&B industry’s growth prospects, research analysts at Technavio follow a combination of both primary and secondary research techniques and take into account several factors including the market size and the product demand across different geographical regions. With the analytical tools and information on various parameters such as the changing preferences of customers and the products offered by competitors, our upcoming market research report on high fiber biscuits for the forecast period of 2017 to 2021 will help clients understand the dynamic market landscape for the food and beverage sector.

This report on high fiber biscuits also takes into consideration growth patterns and trends of the related markets such as bakery and baked savory snacks market, which are expected to grow at a CAGR of around 6% and 4%, respectively during the period of 2016 to 2020. According to our experts, the increasing demand for special dietary needs foods, such as gluten-free products have led to the increased adoption of functional ingredients to make them healthier, which is a significant factor driving the demand for high fiber biscuits. Along with well-crafted syndicated reports, Technavio also offers customized reports based on the requirements of the clients and helps businesses optimize their market position.

The upcoming industry research report for high fiber biscuits also identifies the primary drivers, emerging trends, as well as the key challenges currently experienced by the food sector. It also presents insights into the changing competitive landscape to give you an accurate picture of the future direction of the food and beverage industry.