Europe Biscuits Market To Witness Massive Growth Of US$ 29,436.0 Mn By 2027 With A CAGR Of 4.4% | Business Market Insights

(Heraldkeepers via Comtex)

Pune, India – The Europe biscuits market is accounted to US$ 20,028.5 Mn in 2018 and is expected to grow at a CAGR of 4.4% during 2019-2027, to account to US$ 29,436.0 Mn by 2027.

Biscuit is small bread made from a mixture of flour, sugar or salt, and butter or vegetable shortening, with baking powder as a leavening agent. Biscuits have high nutritional profile, including fats, fibers, and carbohydrates. This makes them a highly preferred breakfast meal consumed in Europe. There is a rising consumer demand for products containing no genetically modified and natural ingredients owing to growing awareness regarding health and safety concerns. In addition to improving lifestyles, the popularization of easy purchase through online shopping, among other new methods of sales, is keeping the sector alive. Moreover, the biscuit producers have effortlessly storable products on shelf for e-trade; thus, the increasing number of online retailers is boosting biscuit manufacturers business. Moreover, the low-cost local manufacturers are improving and expanding their production capacities.

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Major key players covered in this report:

  • Britannia Industries limited
  • Burton’s Biscuit Company
  • ITC Ltd.
  • Kellogg Company
  • Lotus Bakeries NV
  • Mondelez International, Inc.
  • Nestle S.A.
  • Parle Products Pvt. Ltd.
  • United Biscuits (UK) Limited
  • Walkers Shortbread Ltd.

The Europe Biscuits market, based on type, has been segmented into sweet, savory, crackers, filled, wafers, and others. The sweet biscuit segment hold the dominant share in the Europe biscuits market, whereas the filled segment is estimated to grow at the fastest rate. Sweet biscuits have higher sweetness than ordinary biscuits and can be loaded with nuts, fruits, or bakery chips. They are generally treated as a cousin to scone, which is a baked product that is usually made of wheat or oatmeal. The savory biscuits are in demand due to consumers raising interest in new tastes and textures, coupled with the inclination toward healthy snacking options. Crackers are rich in fiber and calorie content. The consumption of crackers makes the consumers feel fuller and satisfied.

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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Biscuits market. The researcher provides an extensive analysis of the Europe Biscuits market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Biscuits market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Biscuits market segments and regions.

The research on the Europe Biscuits market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the Europe Biscuits market on the basis of end user, product type, application, and demography for the forecast period 2020-2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Biscuits market.

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