Global Savoury Biscuit Market to grow at a CAGR over 3.28% post 2022:

January, Market Research Future research report on the global savoury biscuit market


Market Highlights


Savoury biscuit is a flavored hard or crisp dry baked product generally eaten as tea snack. It is one of the broadly consumed snack worldwide. Cheddar crackers are the most popular savoury biscuit all over the world, as consumers of all age group enjoy the flavor. Baked bites have becoming highest growing product in recent year as it is convenience food and travel friendly packaged food.


Recently there is increase in the number of patients suffering from diseases like lactose intolerance, obesity and celiac disease segments like dairy-free, low-calories and gluten-free are in huge demand and has become fastest growing segment in global bakery market. New flavors, and consumer oriented products are attracting consumers of all age groups. Lately low calorie segments have created potential market in bakery.


Market Forecast


In the last few years consumers have become health conscious and are aware of organic and low calorie product so high fiber and organic food product demand has increased in the recent years. Hence, savoury biscuits fortified with fiber have more scope in the market followed by 100% organic savoury biscuits. Companies are gradually exploring new regional flavors, healthy ingredients such as flaxseed, carom, spinach etc. to gain interest of different type of consumers. This factor will play a key role to grow savoury biscuit market at CAGR of 3% between 2016 to 2022.


Downstream market analysis


The popularity of savoury biscuit in consumers among different age groups is supporting the growth of the market. Onion sour cream and tangy flavors are being appreciated by young age consumer groups, hence has created huge potential in the market. Travel friendly packaging will be new opportunity in savoury biscuit market.


Competitive analysis


The major key players are Parle (India), Britannia (India), The East India Company (U.K.), CEEMEA (U.K.), Nestlé (Switzerland), Burton's Foods Ltd. (U.K.), Lotus Bakeries NV (Belgium), United Savoury biscuit (U.K.), Walkers Shortbread Ltd (U.K.) and Kellogg Co (U.S.) and others. Parle continues to dominate as the biscuit leader. This report contains in-depth insights about all major players in the market. 


Regional Analysis


North America and APAC accounted for higher market share in the savoury biscuit during the period 2021-2027, with market value of USD 58342.0 million grow by 2027. Major companies are targeting APAC as potential region for investments in the savoury biscuit market due to potential demand scenario.


Market Research Analysis:



  • The demand for low calorie savoury biscuit is increasing in Europe

  • Top 5 importers of Savoury crispbread are U.K., U.S., Norway, France and Sweden


About Market Research Future:


At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.


MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.


Contact:


Akash Anand,


Market Research Future


Office No. 528, Amanora Chambers


Magarpatta Road, Hadapsar,


Pune - 411028


Maharashtra, India


+1 646 845 9312


Email: akash.anand@marketresearchfuture.com 


 

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.