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Title Biscuits Market: Changing Snack Preferences and Branded Product Portfolio Expansion, 2026–2034
Category Business --> Advertising and Marketing
Meta Keywords Biscuits Market
Owner Bobby Yadav
Description

Market Overview

The global biscuits market was valued at USD 134.1 Billion in 2025 and is projected to reach USD 191.4 Billion by 2034, growing at a CAGR of 4.00% during the forecast period 2026-2034. This growth is driven by the rising preference for convenience snacking, a diverse range of innovative biscuit products, and increased online availability. Asia Pacific dominates the market with over 37.5% share in 2025. For more details, visit Biscuits Market

Study Assumption Years

  • Base Year: 2025

  • Historical Years: 2020-2025

  • Forecast Period: 2026-2034

Biscuits Market Key Takeaways

  • The global biscuits market was valued at USD 134.1 Billion in 2025.

  • The market is forecast to grow at a CAGR of 4.00% during 2026-2034.

  • The forecast period spans from 2026 to 2034.

  • Asia Pacific holds the largest market share of over 37.5% as of 2025.

  • The growth is fueled by increased urbanization, rising disposable incomes, and the demand for convenient on-the-go snacks.

  • The US market accounts for 87.50% market share in the food retail sector, influenced by indulgent and health-conscious product innovation.

Sample Request Link: https://www.imarcgroup.com/biscuits-market/requestsample

Market Growth Factors

The biscuits market is propelled significantly by the rising demand for on-the-go and convenience snacking. As urbanization and busy lifestyles grow globally, consumers favor quick, easy-to-carry foods that require no preparation. Biscuits, with long shelf life and a range of flavors, formats, and nutritional profiles, satisfy this need effectively. The increasing popularity of portion-pack and single-serve products bolsters demand particularly among working professionals and students. This behavioral shift due to time scarcity fosters biscuit consumption in both emerging and developed regions.

The online accessibility of biscuit products has further augmented market growth. According to the 2024 UNCTAD report, e-commerce sales surged to USD 27 Trillion in 2022 across 43 economies, marking a 15% increase since 2019. This digital expansion allows consumers to browse multiple brands, compare prices, read reviews, and order conveniently from home or on-the-go. Smaller niche brands, offering gluten-free, vegan, organic, or international biscuits, benefit from increased online visibility, reaching wider audiences beyond physical retail limitations.

Product innovation remains a key driver enhancing consumer appeal. Companies continuously experiment with new flavors, texture combinations, and formats such as sandwich-style, bite-sized, protein-enriched, and probiotic biscuits. Packaging innovations including resealable and eco-friendly designs improve convenience and brand image. Limited-edition and region-specific biscuits create excitement and encourage repeat purchases. These advancements meet the evolving consumer preferences for variety, indulgence, health, and sustainability, solidifying biscuit brands’ market positions.

Market Segmentation

Analysis by Product Type:

  • Sweet Biscuits: Command 63.6% market share, favored for their broad appeal, multiple flavors including cream-filled, chocolate-coated, fruit-flavored variants, and affordability. Innovations such as low-sugar, fortified, and gluten-free offerings attract health-conscious consumers.

Analysis by Ingredient:

  • Wheat: Dominates with 55.2% market share. Preferred for its availability, carbohydrate content, and ability to deliver desirable taste and texture. Influenced by the rise in whole wheat and high-fiber biscuit demand.

Analysis by Packaging Type:

  • Pouches/Packets: Hold 48.6% share due to convenience, freshness preservation, portion control, and cost-effectiveness. Widely used for single-serve and family pack sizes, enhancing consumer engagement.

Analysis by Distribution Channel:

  • Supermarkets and Hypermarkets: Account for 38.5% market share, favored for wide product variety, brand visibility, convenience, and promotional activities. These retail formats enable product examination and build consumer trust.

Regional Insights

Asia Pacific leads the biscuits market with a 37.5% share driven by its large, rapidly growing population, increasing urbanization, and rising disposable incomes. The region's expanding middle class demands convenient, affordable snack options, while strong retail infrastructures like supermarkets and online platforms enhance product accessibility. Local flavors and health-oriented variants contribute to sustained growth in the region.

Recent Developments & News

In September 2024, Integrated Industries Ltd's subsidiary, Nurture Well Foods, launched a new biscuit range and acquired a 3,400 MT biscuit plant in Neemrana, Rajasthan, achieving 75% sales growth and Q1 2024 revenue of INR 1,401.4 Million. August 2024 saw ITC Sunfeast introduce the Super Egg & Milk Biscuit with protein-rich ingredients for children's nutrition, targeting South and East India markets. In July 2024, McVitie’s launched its indulgent Signature range in Waitrose. Also, ITC Sunfeast began the "Nalladhu Thedi Varum" campaign featuring Tamil stars to promote SuperMilk Biscuits. June 2024 marked a partnership announcement between Mondelēz International and Lotus Bakeries to expand Biscoff distribution and develop co-branded chocolates in India and Europe.

Key Players

  • Bahlsen GmbH & Co. KG

  • Britannia Industries Limited

  • ITC Limited

  • Lotus Bakeries Corporate

  • Mondelez International Inc.

  • Parle Products Pvt. Ltd.

  • Pladis Global

  • The Ferrero Group

  • Walker's Shortbread

  • Yildiz Holding

Customization Note:

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