Biscuits, particularly digestive biscuits, have gained widespread popularity as packaged foods in the global market. Made with wholemeal flour and ingredients such as vegetable oil, wheat flour, malt extract, salt, and sugar, digestive biscuits are known for their relatively healthier composition. They contain higher levels of vitamin E, iron, copper, and fiber compared to regular biscuits, making them a more nutritious snacking option for consumers seeking added nutritional benefits.
According to Data Bridge Market Research, the Digestive Biscuits Market accounted for 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.
“Rising frequencies of lifestyle-related diseases”
The increasing prevalence of lifestyle-related diseases, including heart disease, diabetes, and obesity, is driving the demand for healthier alternatives such as digestive biscuits. Obesity, a significant health concern worldwide, elevates the risk of chronic ailments like type-2 diabetes, hypertension, and cardiovascular diseases. According to the World Health Organization, obesity affects a substantial percentage of adults in European countries. In order to address this issue, many individuals are opting for digestive biscuits, sugar-free drinks, and other confectionery products as part of their efforts to control their health conditions.
What restraints the growth of the digestive biscuits market?
“High raw material cost of biscuits”
The growth of the digestive biscuits market in the forecast period may be hindered by challenges related to raw materials. High costs of raw materials and increasing tax burdens can have a significant impact on the profitability of manufacturers, thereby impeding market growth. Efficient raw material sourcing and effective supply chain management become crucial for mitigating these challenges and ensuring sustainable growth in the digestive biscuits market.
Segmentation: Global Digestive Biscuits Market
The digestive biscuits market is segmented on the basis of micronutrients, end users, packaging, and distribution channel.
- On the basis of micronutrients, the digestive biscuits market is segmented into vitamin e, manganese, fiber, phosphorous, copper, and iron.
- On the basis of end users, the digestive biscuits market is segmented into children, youth, adults, seniors.
- On the basis of packaging, the digestive biscuits market is segmented into box, pouch, and others.
- On the basis of distribution channel, the digestive biscuits market is segmented into supermarkets/hypermarkets, convenience stores, specialist retailers, online and others.
Regional Insights: North America dominates the Digestive Biscuits Market
North America's dominance in the digestive biscuits market is driven by the region's increased consumption of these biscuits and the presence of numerous key market players. This combination of factors contributes to the region's high market share and revenue in the industry.
The Asia-Pacific region is projected to experience rapid development in the forecast period due to factors such as high disposable income and a growing middle-class population. These factors contribute to increased purchasing power and consumer demand, driving the growth of the digestive biscuits market in the region.
To know more about the study visit, https://www.databridgemarketresearch.com/fr/reports/global-digestive-biscuits-market
The Prominent Key Players Operating in the Digestive Biscuits Market Include:
- 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)
Above are the key players covered in the report, to know about more and exhaustive list of digestive biscuits market companies contact, https://www.databridgemarketresearch.com/fr/contact
Research Methodology: Global Digestive Biscuits Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
