United States biscuit market is expected
to grow at an impressive rate during the forecast period. The United States biscuit
market is driven by the growing number of coffee shops such as Starbucks,
Caribou Coffee Outlets, among others in the country. These outlets offer
biscuits especially cookies along with different types of coffee. This in turn
is expected to positively influence the market growth through 2028.
Additionally, changing consumer preference towards convenient and healthy
snacking is expected to foster the growth of market especially the healthy
cookies and low fat, gluten free, high fiber biscuits. Furthermore, the sudden
outbreak of pandemic COVID-19 and nation wide lockdown has significantly
increased the demand for ready to eat, healthy food items with longer shelf
life thereby fueling the market growth. However, high cost and shortage of raw
materials and ingredients can hamper the market growth during the forecast
period. Besides, excessive consumption of sweet biscuits has increased the
prevalence of obesity especially, among the teenagers in the country.
The United States biscuit market
is segmented based on type, packaging, distribution channel, company and
region. Based on type, the market can be bifurcated into crackers & savoury
biscuits and sweet biscuits. The crackers & savoury biscuits segment is
expected to hold a significantly large market share owing to the changing
consumer trends and demands towards healthier alternatives over the
conventional sweet snack options. Additionally, these biscuit are available in
a wide range of flavors and companies have also started offering dips, creams,
salsa, among others with these segment of biscuits to go along with thereby
driving the segmental growth. Based on distribution channel, the market can be
categorized into supermarkets/hypermarkets, convenience stores, specialist
retailers, online and others. The supermarkets/hypermarkets segment is expected
to dominate the market during the forecast period. this can be ascribed to the convenience
of shopping at these stores coupled with the availability of a wide range of
products.
The major players operating in the
United States biscuit market are Mondelez International, Plc, The Kellogg
Company, Parle Products Pvt. Ltd., Britannia Industries Limited, United
Biscuits Company, Snyder's-Lance, Interbake Foods LLC, Cheryl & Co, Richmond
Baking Company, Abimar Foods Inc and others. Major companies are developing
advanced technologies and launching new products to stay competitive in the
market. Other competitive strategies include mergers & acquisitions and new
product developments.
Objective of the Study:
- To analyze and estimate the market size of United
States biscuit market from 2018 to 2021.
- To estimate and forecast the market size of United
States biscuit market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast United States biscuit
market based on type, packaging, distribution channel, company and
regional distribution.
- To identify dominant region or segment in the United
States biscuit market.
- To identify drivers and challenges for United
States biscuit market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in United
States biscuit market.
- To conduct pricing analysis in the United
States biscuit market.
- To identify and analyze the profile of leading
players operating in United States biscuit market.
- To identify key sustainable strategies adopted
by market players in United States biscuit market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of United States biscuit market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Biscuit manufacturers/
suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to biscuit
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
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Attribute
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Details
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Base Year
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2022
|
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Historic Data
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2018 – 2021
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|
Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Type
·
Packaging
·
Distribution Channel
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Regional scope
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North-East; Mid-West; South; West
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|
Key companies profiled
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Mondelez International, Plc, The Kellogg
Company, Parle Products Pvt. Ltd., Britannia Industries Limited, United
Biscuits Company, Snyder's-Lance, Interbake Foods LLC, Cheryl & Co,
Richmond Baking Company, Abimar Foods Inc.
|
|
Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
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Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, United States biscuit
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- United States Biscuit Market, By Type:
- Crackers & Savoury Biscuits
- Sweet Biscuits
- Plain Biscuits
- Cookies
- Sandwich Biscuits
- Chocolate-coated Biscuits
- Other
- United States Biscuit Market, By Packaging:
- Pouches/Packets
- Boxes
- Cans/Jars
- Others
- United States Biscuit Market, By Distribution
Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialist Retailers
- Online
- Others
- United States Biscuit Market, By Region:
- North-East
- Mid-West
- South
- West
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in United States biscuit market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
United States biscuit market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]