Global Chocolate Biscuit Market, By Type (Chocolate Cookies, Chocolate Wafers, Chocolate Sandwich Biscuits, Chocolate-filled Biscuits), By Distribution Channel (B2B, B2C), By Flavor (Milk, Dark, White, Mixed), By Age Group (Children, Adults, Geriatric), By Price Range (Economy, Mid-range, Premium) - Industry Trends and Forecast to 2031.
Chocolate Biscuit Market Analysis and Size
The essential factors contributing to the growth of the global chocolate biscuit market in the forecast period of 2024 to 2031. The growth of the market can be attributed to changes in consumer preferences and taste trends play a significant role. As consumer tastes evolve, the demand for innovative and unique chocolate biscuit flavors and varieties increases.
Data Bridge Market Research analyses that the global chocolate biscuit market which was USD 16.11 Billion in 2023, is expected to reach USD 26.46 Billion by 2031, growing at a CAGR of 6.40% during the forecast period of 2024 to 2031. The “chocolate cookies” segment will dominate the market due to trend toward urbanization and increasingly busy lifestyles has led to a rise in demand for convenient and on-the-go snacks, including chocolate biscuits. These products offer a quick and satisfying treat for consumers with hectic schedules. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Chocolate Cookies, Chocolate Wafers, Chocolate Sandwich Biscuits, Chocolate-filled Biscuits), Distribution Channel (B2B, B2C), Flavor (Milk, Dark, White, Mixed), Age Group (Children, Adults, Geriatric), Price Range (Economy, Mid-range, Premium)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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pladis global (U.K.), Nestle (Switzerland), Mondelez International (U.S.), Danish Speciality Foods Aps (Denmark), Tatawa Industries(M) Sdn. Bhd. (Malaysia), Balocco S.p.A (Italy)
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Market Opportunities
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Market Definition
A chocolate biscuit is a baked, sweet, and often crisp or crunchy snack that typically features a combination of chocolate flavoring and biscuit or cookie texture. The term "biscuit" is commonly used in the U.K. and some other English-speaking countries, while in the U.S., similar products may be referred to as "chocolate cookies" or "chocolate biscuits."
Global Chocolate Biscuit Market Dynamics
Drivers
- Consumer Preferences and Taste Trends
Changes in consumer preferences and taste trends play a significant role. As consumer tastes evolve, the demand for innovative and unique chocolate biscuit flavors and varieties increases.
- Urbanization and Busy Lifestyles
The trend toward urbanization and increasingly busy lifestyles has led to a rise in demand for convenient and on-the-go snacks, including chocolate biscuits. These products offer a quick and satisfying treat for consumers with hectic schedules.
- Globalization and Cultural Exchange
Increased globalization and cultural exchange expose consumers to a variety of international flavors and products. This has led to a growing interest in diverse chocolate biscuit options from different regions.
Opportunities
- Marketing and Branding
Effective marketing and branding strategies significantly impact consumer choices. Companies that invest in strong branding, advertising, and promotional activities tend to capture consumer attention and loyalty.
- Health and Wellness Trends
Despite being indulgent treats, there is a growing demand for chocolate biscuits that align with health and wellness trends. Manufacturers are developing products with better-for-you ingredients, reduced sugar content, and other health-conscious attributes
Restraints/Challenges
- Competition from Healthier Alternatives
The rising popularity of healthier snack options, such as granola bars, protein bars, and gluten-free snacks, poses a challenge to traditional chocolate biscuits. Consumers seeking nutritionally balanced snacks may choose alternatives perceived as healthier.
- Supply Chain Disruptions
Events such as natural disasters, geopolitical tensions, or global health crises (as seen with the COVID-19 pandemic) can disrupt the chocolate biscuit supply chain, affecting production, distribution, and availability of ingredients.
This global chocolate biscuit market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global chocolate biscuit market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- In November 2022, specialty delivery coordination service next bite partnered with nestle to deliver fresh-baked toll house cookies across the U.S.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Chocolate Biscuit Market Scope
The global chocolate biscuit market is segmented on the basis of type, distribution channel, flavor, age group, and price range. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Chocolate Cookies
- Chocolate Wafers
- Chocolate Sandwich Biscuits
- Chocolate-filled Biscuits
Distribution Channel
- B2B
- B2C
Flavor
- Milk
- Dark
- White
- Mixed
Age Group
- Children
- Adults
- Geriatric
Price Range
- Economy
- Mid-Range
- Premium
Global Chocolate Biscuit Market Regional Analysis/Insights
Global chocolate biscuit market is analyzed and market size insights and trends are provided by country, type, distribution channel, flavor, age group, and price range as referenced above.
The countries covered in the global chocolate biscuit market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
North America is the region, dominates the global chocolate biscuit market due to ongoing innovation and product development, including the introduction of new flavors, textures, and packaging, keep the market dynamic and capture the interest of consumers looking for novel experiences.
Europe region is the fastest growing region in the global chocolate biscuit market due to the increasing accessibility of chocolate biscuits through various retail channels, including supermarkets, convenience stores, and online platforms, contributes to market growth. Wide distribution networks help reach a broader consumer base.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Chocolate Biscuit Market Share Analysis
The global chocolate biscuit market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global chocolate biscuit market.
Some of the major players operating in the global chocolate biscuit market are:
- pladis global (U.K.)
- Nestle (Switzerland)
- Mondelez International (U.S.)
- Danish Speciality Foods Aps (Denmark)
- Tatawa Industries(M) Sdn. Bhd. (Malaysia)
- Balocco S.p.A (Italy)
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