Market Overview:
The global fortified biscuit market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fortified biscuits from various applications such as supermarkets/hypermarkets and online retail channels. Additionally, the growing awareness about the benefits of consuming fortified biscuits is also contributing to the growth of this market. On the basis of type, plain biscuits are expected to account for a major share in terms of revenue in 2018, followed by cookies and sandwich biscuits. On account of their high nutritional value, plain biscuits are being increasingly consumed by consumers across regions. However, cookies are anticipated to witness higher growth rates during the forecast period owing to their rising popularity among health-conscious consumers across regions.
Product Definition:
A fortified biscuit is a type of food that has been enriched with vitamins and minerals. These biscuits are often eaten as a snack or used as an ingredient in other dishes. Fortified biscuits are important because they provide essential nutrients that are not always found in regular foods.
Plain Biscuits:
Plain biscuits are also known as fortified biscuits. They are usually made from refined cereal grains, such as rice, wheat and maize. The addition of vitamin D in the form of a supplement or dietary intake boosts the body's absorption of calcium and phosphorous which aids bone health.
The global fortified biscuit market was valued at USD 6 billion in 2015.
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Application Insights:
The market is segmented by application into supermarket/hypermarket and online. The online application segment led the global fortified biscuits market in 2017, owing to growing consumer preference for convenience products. Consumers prefer purchasing food items such as breakfast cereals, which are convenient and easy to prepare. Moreover, rising demand for organic foods among consumers is expected to boost the sales of fortified biscuits over the forecast period.
The growth of this segment can be attributed to increasing consumption of sandwich biscuits due to their high nutritional content and taste improvement ability when consumed with fortification ingredients such as vegetables, meat or fish along with them. Thus, growing consumption of these products by office workers during lunch hours will drive demand over the forecast period in major economies including U.S.
Regional Analysis:
Asia Pacific dominated the global fortified biscuit market in 2016 with more than 35% share of the total revenue. The region is also expected to be the fastest-growing regional market over the forecast period. Increasing per capita consumption, growing middle-class population, and rising health concerns are some of the key factors driving growth in this region. Moreover, increasing disposable income levels and changing lifestyles will create a huge demand for these products over next eight years.
Europe is anticipated to witness significant growth during the forecast period owing to growing geriatric population coupled with an increase in chronic diseases such as cardiovascular diseases (CVDs), digestive system disorders, diabetes etc., which will boost demand for Fortified Biscuits (FB).
Growth Factors:
- Increasing demand for fortified foods due to rising awareness about the health benefits of consuming them.
- Growing population and their increasing disposable incomes, which is resulting in an increase in the demand for fortified biscuits.
- Rapid urbanization and changing lifestyles, which is leading to a rise in the number of people who are becoming aware of the importance of a nutritious diet, thus driving demand for fortified biscuits.
- Rising prevalence of malnutrition and other dietary deficiencies around the world, which is creating a need for fortified foods such as biscuits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fortified Biscuit Market Research Report
By Type
Plain Biscuits, Cookies, Sandwich Biscuits
By Application
Supermarket/Hypermarket, Online
By Companies
Arnotts Biscuits, Annas Pepparkakor, Burtons Biscuit, Danone, Dali, Kraft Foods, Parle Products, Nestle, Britannia, ITC, Arnotts Biscuits
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Fortified Biscuit Market Report Segments:
The global Fortified Biscuit market is segmented on the basis of:
Types
Plain Biscuits, Cookies, Sandwich Biscuits
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket/Hypermarket, Online
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arnotts Biscuits
- Annas Pepparkakor
- Burtons Biscuit
- Danone
- Dali
- Kraft Foods
- Parle Products
- Nestle
- Britannia
- ITC
- Arnotts Biscuits
Highlights of The Fortified Biscuit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plain Biscuits
- Cookies
- Sandwich Biscuits
- By Application:
- Supermarket/Hypermarket
- Online
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fortified Biscuit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fortified Biscuit is a type of biscuit that has been fortified with iron.
Some of the key players operating in the fortified biscuit market are Arnotts Biscuits, Annas Pepparkakor, Burtons Biscuit, Danone, Dali, Kraft Foods, Parle Products, Nestle, Britannia, ITC, Arnotts Biscuits.
The fortified biscuit market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fortified Biscuit Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fortified Biscuit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fortified Biscuit Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fortified Biscuit Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fortified Biscuit Market Size & Forecast, 2020-2028
4.5.1 Fortified Biscuit Market Size and Y-o-Y Growth
4.5.2 Fortified Biscuit Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plain Biscuits
5.2.2 Cookies
5.2.3 Sandwich Biscuits
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket/Hypermarket
6.2.2 Online
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fortified Biscuit Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fortified Biscuit Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plain Biscuits
9.6.2 Cookies
9.6.3 Sandwich Biscuits
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket/Hypermarket
9.10.2 Online
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plain Biscuits
10.6.2 Cookies
10.6.3 Sandwich Biscuits
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket/Hypermarket
10.10.2 Online
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plain Biscuits
11.6.2 Cookies
11.6.3 Sandwich Biscuits
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket/Hypermarket
11.10.2 Online
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plain Biscuits
12.6.2 Cookies
12.6.3 Sandwich Biscuits
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket/Hypermarket
12.10.2 Online
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plain Biscuits
13.6.2 Cookies
13.6.3 Sandwich Biscuits
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket/Hypermarket
13.10.2 Online
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fortified Biscuit Market: Competitive Dashboard
14.2 Global Fortified Biscuit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arnotts Biscuits
14.3.2 Annas Pepparkakor
14.3.3 Burtons Biscuit
14.3.4 Danone
14.3.5 Dali
14.3.6 Kraft Foods
14.3.7 Parle Products
14.3.8 Nestle
14.3.9 Britannia
14.3.10 ITC
14.3.11 Arnotts Biscuits
