Global Wafer Biscuits Market to Reach $142.1 Billion by 2030
The global market for Wafer Biscuits estimated at US$109.3 Billion in the year 2023, is expected to reach US$142.1 Billion by 2030, growing at a CAGR of 3.8% over the period 2023-2030. Cream-Filled Wafer Biscuits, one of the segments analyzed in the report, is expected to record 3.5% CAGR and reach US$92.8 Billion by the end of the analysis period. Growth in the Coated Wafer Biscuits segment is estimated at 4.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $29.2 Billion, While China is Forecast to Grow at 5.7% CAGR
The Wafer Biscuits market in the U.S. is estimated at US$29.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$29 Billion by the year 2030 trailing a CAGR of 5.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 3.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
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