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Sweet Biscuit Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 125
  • SKU: IRTNTR74007
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The sweet biscuit market share is expected to increase by USD 26.58 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.13%.

This sweet biscuit market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers sweet biscuit market segmentation by distribution channel (offline and online) and geography (Europe, North America, APAC, South America, and Middle East and Africa). The sweet biscuit market report also offers information on several market vendors, including Alco Group, Bahlsen GmbH and Co. KG, BakeMate, Border Biscuits Ltd., Britannia Industries Ltd., Burtons Biscuit Co., Campbell Soup Co., Cremica Food Industries Ltd., Frank Roberts and Sons Ltd., Grupo Bimbo SAB de CV, Grupo Nutresa SA, ITC Ltd., Kellogg Co., Mondelez International Inc., Nestle SA, Parle Products Pvt. Ltd., Poppies Bakeries NV, The Kraft Heinz Co., United Biscuits UK Ltd., and Yildiz Holding Inc. among others.

What will the Sweet Biscuit Market Size be During the Forecast Period?

Sweet Biscuit Market Size

Download Report Sample to Unlock the Sweet Biscuit Market Size for the Forecast Period and Other Important Statistics

 

Sweet Biscuit Market: Key Drivers, Trends, and Challenges

The growing preference for healthy biscuits is notably driving the sweet biscuit market growth, although factors such as the fluctuating raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the sweet biscuit industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Sweet Biscuit Market Driver

  • One of the key factors driving growth in the sweet biscuit market is the growing preference for healthy biscuits.
  • The sales of sweet biscuits are being driven by increasing interest in health and fitness as well as a growing preference for healthy snack options, particularly among working adults and millennials. Due to rising lifestyle-related diseases, including obesity, and increased awareness of wellness, consumers’ desire for sweet indulgence has changed, and they now prefer healthy biscuits as a wholesome substitute.
  • Healthy biscuits are being actively produced by manufacturers in a variety of tastes to improve their flavor.
  • Sales are also accelerating as a result of increased disposable incomes in developing nations and a rise in consumer knowledge of healthy eating due to brand marketing and initiatives. Such factors contribute to the growth of the global sweet biscuit market.

Key Sweet Biscuit Market Trend

  • The growth of online retailing is a sweet biscuit market trend that is expected to have a positive impact in the coming years.
  • The global expansion of e-commerce enterprises has been fueled by increasing internet access.
  • Online retailing has given sweet biscuit suppliers a new chance to increase their sales, broaden their geographic reach, and improve customer relations and profitability.
  • Manufacturers and distributors can boost their product visibility across regions with an online presence.
  • The increased interest of consumers and preference for online buying due to the convenience it affords has made several manufacturers and distributors focus on online sales.
  • Online retailers facilitate both business-to-business (B2B) and business-to-consumer (B2C) transactions, which encourages vendors to concentrate on the internet-savvy consumer segment and explore new online retail formats. Such factors are expected to boost the growth of the global sweet biscuit market.

Key Sweet Biscuit Market Challenge

  • The fluctuating raw material prices will be a major challenge for the sweet biscuit market during the forecast period.
  • The major raw materials required to produce sweet biscuits include refined flour, sugar, salt, and milk.
  • The prices of all these ingredients are rising due to the increasing costs of production. As a result, manufacturers of sweet biscuits incur more costs on raw materials.
  • The supply of raw materials may be affected due to adverse weather conditions, national emergencies, strikes, governmental controls, natural disasters, supply shortages, or other unexpected events. This increasing cost, in turn, increases product prices. This becomes a challenge for marketers to introduce new product varieties with specific ingredients that enrich the taste and attract more consumers.
  • Manufacturers find it difficult to anticipate spending or control costs due to price fluctuations. The continuous change in vendors’ profit margins acts as a major challenge for the growth of the global sweet biscuit market.

This sweet biscuit market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global sweet biscuit market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the sweet biscuit market during the forecast period.

Who are the Major Sweet Biscuit Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alco Group
  • Bahlsen GmbH and Co. KG
  • BakeMate
  • Border Biscuits Ltd.
  • Britannia Industries Ltd.
  • Burtons Biscuit Co.
  • Campbell Soup Co.
  • Cremica Food Industries Ltd.
  • Frank Roberts and Sons Ltd.
  • Grupo Bimbo SAB de CV
  • Grupo Nutresa SA
  • ITC Ltd.
  • Kellogg Co.
  • Mondelez International Inc.
  • Nestle SA
  • Parle Products Pvt. Ltd.
  • Poppies Bakeries NV
  • The Kraft Heinz Co.
  • United Biscuits UK Ltd.
  • Yildiz Holding Inc.

 

This statistical study of the sweet biscuit market encompasses successful business strategies deployed by the key vendors. The sweet biscuit market is fragmented and the vendors are deploying growth strategies such as diversifying their product offerings and developing their global footprint to compete in the market.

Product Insights and News

  • Britannia.co.in - The company offers sweet biscuits such as Goodday choco chunkies, choco chips, and choco nuts.

  • Britannia.co.in - Through the biscuits segment, the company offers various kinds of biscuits.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The sweet biscuit market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Sweet Biscuit Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the sweet biscuit market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Sweet Biscuit Market?

Sweet Biscuit Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

34% of the market’s growth will originate from Europe during the forecast period. UK, Italy, France, and Germany are the key markets for sweet biscuits in Europe. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.

The increasing retail value sales of private-label products and the rising demand for clean label products will facilitate the sweet biscuit market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 negatively impacted the trade and economy in the region. Furthermore, the pandemic claimed the lives of many people in countries such as Italy, Spain, and Russia. However, in 2021, the initiation of large-scale vaccination drives led to the lifting of lockdown and trade restrictions in the region. This has resulted in the reopening of factories, warehouses, and other facilities of regional vendors. As a result, vendors can meet the increased demands of consumers. 

What are the Revenue-generating Distribution Channel Segments in the Sweet Biscuit Market?

Sweet Biscuit Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The sweet biscuit market share growth by the offline segment will be significant during the forecast period. Hypermarkets and supermarkets are the key distribution channels for sweet biscuits in the offline distribution segment. This segment's dominance is due to the growth of the organized retail industry. As organized retail grows more common, sales of sweet biscuits increase. As disposable incomes rise and urbanization accelerates, consumers are gravitating away from small convenience stores into supermarkets and hypermarkets.  

This report provides an accurate prediction of the contribution of all the segments to the growth of the sweet biscuit market size and actionable market insights on post COVID-19 impact on each segment.

 

Sweet Biscuit Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.13%

Market growth 2022-2026

$ 26.58 billion

Market structure

Fragmented

YoY growth (%)

4.56

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 34%

Key consumer countries

US, UK, Italy, France, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alco Group, Bahlsen GmbH and Co. KG, BakeMate, Border Biscuits Ltd., Britannia Industries Ltd., Burtons Biscuit Co., Campbell Soup Co., Cremica Food Industries Ltd., Frank Roberts and Sons Ltd., Grupo Bimbo SAB de CV, Grupo Nutresa SA, ITC Ltd., Kellogg Co., Mondelez International Inc., Nestle SA, Parle Products Pvt. Ltd., Poppies Bakeries NV, The Kraft Heinz Co., United Biscuits UK Ltd., and Yildiz Holding Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Sweet Biscuit Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive sweet biscuit market growth during the next five years
  • Precise estimation of the sweet biscuit market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the sweet biscuit industry across Europe, North America, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of sweet biscuit market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Distribution Channel

    • 5.1 Market segments
      • Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 5.2 Comparison by Distribution Channel
      • Exhibit 26: Chart on Comparison by Distribution Channel
      • Exhibit 27: Data Table on Comparison by Distribution Channel
    • 5.3 Offline - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 5.4 Online - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Distribution Channel
      • Exhibit 36: Market opportunity by Distribution Channel ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 Europe - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 UK - Market size and forecast 2021-2026
      • Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.10 Italy - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Italy - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on Italy - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on Italy - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Italy - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Bahlsen GmbH and Co. KG
              • Exhibit 89: Bahlsen GmbH and Co. KG - Overview
              • Exhibit 90: Bahlsen GmbH and Co. KG - Key offerings
            • 10.4 Britannia Industries Ltd.
              • Exhibit 91: Britannia Industries Ltd. - Overview
              • Exhibit 92: Britannia Industries Ltd. - Product / Service
              • Exhibit 93: Britannia Industries Ltd. - Key offerings
            • 10.5 Burtons Biscuit Co.
              • Exhibit 94: Burtons Biscuit Co. - Overview
              • Exhibit 95: Burtons Biscuit Co. - Product / Service
              • Exhibit 96: Burtons Biscuit Co. - Key offerings
            • 10.6 Campbell Soup Co.
              • Exhibit 97: Campbell Soup Co. - Overview
              • Exhibit 98: Campbell Soup Co. - Business segments
              • Exhibit 99: Campbell Soup Co. - Key news
              • Exhibit 100: Campbell Soup Co. - Key offerings
              • Exhibit 101: Campbell Soup Co. - Segment focus
            • 10.7 Grupo Bimbo SAB de CV
              • Exhibit 102: Grupo Bimbo SAB de CV - Overview
              • Exhibit 103: Grupo Bimbo SAB de CV - Business segments
              • Exhibit 104: Grupo Bimbo SAB de CV - Key news
              • Exhibit 105: Grupo Bimbo SAB de CV - Key offerings
              • Exhibit 106: Grupo Bimbo SAB de CV - Segment focus
            • 10.8 ITC Ltd.
              • Exhibit 107: ITC Ltd. - Overview
              • Exhibit 108: ITC Ltd. - Business segments
              • Exhibit 109: ITC Ltd. - Key offerings
              • Exhibit 110: ITC Ltd. - Segment focus
            • 10.9 Mondelez International Inc.
              • Exhibit 111: Mondelez International Inc. - Overview
              • Exhibit 112: Mondelez International Inc. - Business segments
              • Exhibit 113: Mondelez International Inc. - Key news
              • Exhibit 114: Mondelez International Inc. - Key offerings
              • Exhibit 115: Mondelez International Inc. - Segment focus
            • 10.10 Nestle SA
              • Exhibit 116: Nestle SA - Overview
              • Exhibit 117: Nestle SA - Business segments
              • Exhibit 118: Nestle SA - Key news
              • Exhibit 119: Nestle SA - Key offerings
              • Exhibit 120: Nestle SA - Segment focus
            • 10.11 Parle Products Pvt. Ltd.
              • Exhibit 121: Parle Products Pvt. Ltd. - Overview
              • Exhibit 122: Parle Products Pvt. Ltd. - Product / Service
              • Exhibit 123: Parle Products Pvt. Ltd. - Key offerings
            • 10.12 Yildiz Holding Inc.
              • Exhibit 124: Yildiz Holding Inc. - Overview
              • Exhibit 125: Yildiz Holding Inc. - Product / Service
              • Exhibit 126: Yildiz Holding Inc. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 127: Inclusions checklist
                • Exhibit 128: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 129: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 130: Research methodology
                • Exhibit 131: Validation techniques employed for market sizing
                • Exhibit 132: Information sources
              • 11.5 List of abbreviations
                • Exhibit 133: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Sweet Biscuit Market market growth will increase by $26.58 bn during 2022-2026.
                The sweet biscuit market market is expected to grow at a CAGR of 5.13% during 2022-2026.
                Technavio has segmented the sweet biscuit market market by distribution channel (Offline and Online) and geography (Europe, North America, APAC, South America, and Middle East and Africa).
                Alco Group, Bahlsen GmbH and Co. KG, BakeMate, Border Biscuits Ltd., Britannia Industries Ltd., Burtons Biscuit Co., Campbell Soup Co., Cremica Food Industries Ltd., Frank Roberts and Sons Ltd., Grupo Bimbo SAB de CV, Grupo Nutresa SA, ITC Ltd., Kellogg Co., Mondelez International Inc., Nestle SA, Parle Products Pvt. Ltd., Poppies Bakeries NV, The Kraft Heinz Co., United Biscuits UK Ltd., Yildiz Holding Inc. are a few of the key vendors in the sweet biscuit market market.
                Europe will register the highest growth rate of 34% among the other regions. Therefore, the sweet biscuit market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the sweet biscuit market market growth are:
                • Growing preference for healthy biscuits
                • Growth of online retailing
                The sweet biscuit market market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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