Biscuits Market size was valued at USD 106.47 billion in 2023 and is set to exceed USD 221.59 billion by 2036, expanding at over 5.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of biscuits is estimated at USD 111.41 billion.
The rising demand for healthful plus quick snacks and rising food consumption per capita in developing countries is promoting towards the growth of the global biscuit market. The biscuit industry has evolved basis the consumer demands through all these years. In addition, increasing research and development activities also resulted in the development of different varieties of biscuits, therefore providing the customers a wide range of types to choose from. Moreover, increasing awareness amongst consumers for gluten free biscuits and biscuits that do not contain traditional white flour, are also anticipated to add on towards the growth of the market.
Author Credits: Parul Atri
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