Data Bridge Market Research unveils a comprehensive study of the Digestive Biscuits Market , presented in a visually compelling format for effective data absorption. Key insights are readily evident through insightful graphs, charts, and figures, empowering informed decision-making.
Acquiring maximum return on investment (ROI) hinges on understanding brand awareness, market landscapes, potential future challenges, industry trends, and customer behavior. Every detail and insight within this Digestive Biscuits Market report serves as a guide for businesses to make informed decisions and enhance their ROI. Employing a data triangulation method involving data mining, analysis of data variables’ impact on the market, and validation by industry experts, this report ensures robustness. Furthermore, market segmentation is a pivotal aspect of this Digestive Biscuits Market report, categorizing the market based on applications, verticals, deployment models, end-users, and geography.
Utilizing cutting-edge tools and techniques, this Digestive Biscuits Market report rigorously conducts research, analysis, and data gathering. It strategically profiles key market players, conducts systematic analyses of their core strengths, and presents a competitive landscape. In today's business landscape, there’s a dire need for precise, comprehensive, and detail-oriented market information to gain a clear understanding of market landscapes. The Digestive Biscuits Market report serves as a reliable resource, empowering businesses to focus on the realities and nuances of the Digestive Biscuits Market , thereby guiding them on the right path.
Data Bridge Market Research analyses that the digestive biscuits market is expected to reach USD 5.72 billion by 2030, which is USD 3.23 billion in 2022, registering a CAGR of 7.40% during the forecast period of 2023 to 2030.
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Market Definition
Biscuits are most popular packaged foods all around the globe. Biscuits are produced with sugar or salt, butter, flour and a leavening agent such as baking powder. Digestive biscuits are flour-based baked food products that are eaten as a snack. Wholemeal flour is mainly used in the making of digestive biscuits. Common ingredients of digestive biscuits are vegetable oil, wheat flour, malt extract, whole meal, salt and sugar. These biscuits are healthier than normal biscuits because they are high in vitamin E, iron, copper, and fiber.
Digestive Biscuits Market Dynamics
Drivers
- Rising demand for healthy snacks
Increasing demand for healthy snacks such as digestive biscuits with a high source of dietary fiber increases the demand for these biscuits. Digestive biscuits are made of different nutrition rich ingredients such as wheat, oats and multi-grains. For instance, India is expected to witness significant growth in digestive biscuits market. The Britannia Nutrichoice range in India mainly dominates the digestive biscuits market. Therefore, rising demand for healthy snacks is projected to propel the market growth during the forecast period.
- Increasing incidences of lifestyle-related diseases
Growing incidences of lifestyle-related diseases such as heart disease, diabetes and obesity among consumers is the major factor which increases the demand for healthy or digestive biscuits, which, in turn, is expected to propel the market growth during forecast period. Obesity is a serious health problem among people in most countries all around the globe, as it considerably surges the risk of chronic ailments such as type-2 diabetes, hypertension and cardiovascular diseases. According to World Health Organization (WHO), obesity affects 10 percent to 30 percent of adults in European countries. Therefore, to control this condition, many people are shifting towards digestive biscuits, sugar-free drinks, and other confectionery.
Opportunities
- Rising investment by major market players
The rising investment by major market players provides numerous growth opportunities in this region. For instance, Kellogg’s has announced a USD 68 million (BRL 215 million) investment to develop Parati Group’s factory in Brazil. The Parati Group has two factories in Santa Catarina, Brazil, and its brands include Hot Crackers, Parati, Padua and Minueto, Zoo Cartoon which produce biscuits, stocks, pasta, crackers and powdered drinks.
- Surging acquisitions and mergers between major market players
The surging acquisition and mergers between major market players further offer numerous growth opportunities within the market. For instance, Leading Food and Beverage Manufacturers, Nestle, Mars Saudi Arabia and Kellogg’s Arabia, signed a voluntary pledge with Saudi Food and Drug Authority (SFDA) to decrease Salt, Sugar, and Fat Content in their products in September 2018. The companies also promised to place proper nutritional labels on their products.
Market Growth Drivers:
The report emphasizes the participation of key entities, notably:
Key Highlights in the Report
- Providing an extensive analysis of the Digestive Biscuits Market for a holistic understanding.
- Presenting details about the leading industry players, their product ranges, and strategic approaches.
- Delving into the prominent regional landscapes where Digestive Biscuits Market demonstrates significant growth.
- Exploring the latest trends and advancements within the industry.
- Identifying potential and specialized segments/regions poised for notable expansion.
Key Market Segmentation
Target Audience:
- Businesses in the Global Digestive Biscuits Market
- Investors and analysts interested in the Digestive Biscuits Market
- Anyone who wants to learn more about the Digestive Biscuits Market
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Some of the major players operating in the digestive biscuits market are:
- pladis (U.K.)
- ITC Limited (India)
- Bakewell Biscuits Pvt. Ltd. (India)
- Sunderbiscuit (India)
- Nestle (Switzerland)
- Abisco (Saudi Arabia)
- Parle Products Pvt. Ltd. (India)
- Kambly SA (Switzerland)
- Mondelez International (U.S.)
- The Kraft Heinz Company (U.S.)
- Annie's Homegrown, Inc. (U.S.)
- Patanjali Ayurved (India)
- Britannia (India)
- Kellogg Co (U.S.)
- Walkers Shortbread Ltd (U.K.)
- Lotus Bakeries NV (Belgium)
- Burton’s Foods Ltd. (U.K.)
- Bonn Nutrients Pvt. Ltd. (India)
By Micronutrients (Vitamin E, Manganese, Fibre/Fiber, Phosphorous, Copper, Iron), End Users (Children, Youth, Adults, Seniors), Packaging (Box, Pouch, Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online, Others)
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