Market Overview:
The global savory biscuits market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for savory biscuits due to their health benefits, increasing urbanization and changing lifestyles, and growing penetration of online retail channels. However, the market faces certain restraints such as stringent food safety regulations and availability of substitutes. On the basis of type, the global savory biscuits market is segmented into no fat, low fat (below 6%), high fat (6-10%), and extra high fat (above 10%). Low-fat savory biscuits are expected to witness higher growth during the forecast period owing to rising awareness about health benefits associated with them. On the basis of application, online retail is projected to be a faster-growing segment during 2018–2030 owing to increasing penetration of internet across regions.
Product Definition:
Savory biscuits are a type of biscuit that is made with herbs, cheese, and other savory ingredients. Savory biscuits are often served as an appetizer or side dish. They can also be used to make sandwiches or burgers.
No Fat:
No fat is a cooking term that refers to the removal of all types of fats and oils from an item. It can be done by using various techniques such as dry frying, baking, or grilling. The end product should have less than 10% fat content.
The global no-fat market size was valued at USD 4 billion in 2014.
Low Fat (Below 6%):
Low-fat products are those which contain less than 6% of fat by weight. The product is usually made from refined cereal grains, soy flour, canola oil or vegetable oils. Low-fat content in food helps to reduce the total number of calories contained in the same quantity of food and also reduces cholesterol levels in the human body.
The global low fat market was valued at USD 64 billion in 2014.
Application Insights:
The online retail segment accounted for more than 50.0% share of the global revenue in 2017. The growth can be attributed to factors such as increasing e-commerce penetration, rising purchasing power and changing consumer lifestyle. Online retailers offer extensive product range that includes various flavors and variants of savory biscuits, which is likely to propel its demand in the forthcoming years.
Offline retailers are expected to witness significant growth over the forecast period owing to their wide product portfolio including different flavors and types of cookies, pies, pastries & cakes that include a variety of ingredients such as meat products like bacon & sausage patties or chicken fillets along with vegetables like carrot sticks or beetroot strips among others. These products are available at regular intervals throughout the year which makes it convenient for consumers who prefer buying seasonal food items from supermarkets or convenience stores instead of online marketplaces where freshness is an important factor considering how long an item has been sitting on a shelf before being sold to customers.
Regional Analysis:
Europe dominated the global savory biscuits market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to high demand for premium products with enhanced flavor and aroma. Moreover, consumers are ready to spend more money on such products as they consider them an essential part of their diet and lifestyle.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing health consciousness among consumers in developing countries including China and India.
Growth Factors:
- Increasing demand for convenience foods: The savory biscuits market is driven by the increasing demand for convenience foods. These biscuits can be easily carried and do not require any additional preparation time, making them a convenient snack option.
- Rising disposable income: A growing number of consumers are now able to afford premium-priced savory biscuits, which is driving the growth of the market.
- Growing popularity of snacking: The trend of snacking is gaining traction among consumers and this is benefiting the savory biscuits market as well. Savory biscuits are an ideal snack option as they are filling and provide energy to help sustain people throughout the day.
- Innovative product offerings: Manufacturers in the savory biscuits market are constantly introducing new flavors and varieties to cater to consumer preferences. This has helped boost sales in recent years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Savory Biscuits Market Research Report
By Type
No Fat, Low Fat (Below 6%), High Fat (6-10%), Extra High Fat (Above 10%)
By Application
Online Retail, Offline Retail
By Companies
Parle Products, ITC, Britannia, Mondelez International, Kraft Foods, Kellogg Company, Danone, United Biscuits, Nestle, Anmol Biscuits Ltd., Parle Products
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Savory Biscuits Market Report Segments:
The global Savory Biscuits market is segmented on the basis of:
Types
No Fat, Low Fat (Below 6%), High Fat (6-10%), Extra High Fat (Above 10%)
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
Online Retail, Offline Retail
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:
- Parle Products
- ITC
- Britannia
- Mondelez International
- Kraft Foods
- Kellogg Company
- Danone
- United Biscuits
- Nestle
- Anmol Biscuits Ltd.
- Parle Products
Highlights of The Savory Biscuits 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:
- No Fat
- Low Fat (Below 6%)
- High Fat (6-10%)
- Extra High Fat (Above 10%)
- By Application:
- Online Retail
- Offline Retail
- 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 Savory Biscuits 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
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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?
Savory biscuits are a type of biscuit that is made with savory ingredients such as herbs, cheese, or bacon.
Some of the major companies in the savory biscuits market are Parle Products, ITC, Britannia, Mondelez International, Kraft Foods, Kellogg Company, Danone, United Biscuits, Nestle, Anmol Biscuits Ltd., Parle Products.
The savory biscuits market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Savory Biscuits 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 Savory Biscuits Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Savory Biscuits 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 Savory Biscuits 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 Savory Biscuits Market Size & Forecast, 2020-2028 4.5.1 Savory Biscuits Market Size and Y-o-Y Growth 4.5.2 Savory Biscuits 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 No Fat
5.2.2 Low Fat (Below 6%)
5.2.3 High Fat (6-10%)
5.2.4 Extra High Fat (Above 10%)
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 Online Retail
6.2.2 Offline Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Savory Biscuits 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 Savory Biscuits 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 No Fat
9.6.2 Low Fat (Below 6%)
9.6.3 High Fat (6-10%)
9.6.4 Extra High Fat (Above 10%)
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 Online Retail
9.10.2 Offline Retail
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 No Fat
10.6.2 Low Fat (Below 6%)
10.6.3 High Fat (6-10%)
10.6.4 Extra High Fat (Above 10%)
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 Online Retail
10.10.2 Offline Retail
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 No Fat
11.6.2 Low Fat (Below 6%)
11.6.3 High Fat (6-10%)
11.6.4 Extra High Fat (Above 10%)
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 Online Retail
11.10.2 Offline Retail
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 No Fat
12.6.2 Low Fat (Below 6%)
12.6.3 High Fat (6-10%)
12.6.4 Extra High Fat (Above 10%)
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 Online Retail
12.10.2 Offline Retail
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 No Fat
13.6.2 Low Fat (Below 6%)
13.6.3 High Fat (6-10%)
13.6.4 Extra High Fat (Above 10%)
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 Online Retail
13.10.2 Offline Retail
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 Savory Biscuits Market: Competitive Dashboard
14.2 Global Savory Biscuits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Parle Products
14.3.2 ITC
14.3.3 Britannia
14.3.4 Mondelez International
14.3.5 Kraft Foods
14.3.6 Kellogg Company
14.3.7 Danone
14.3.8 United Biscuits
14.3.9 Nestle
14.3.10 Anmol Biscuits Ltd.
14.3.11 Parle Products