Global Wafer Biscuit Market 2024-2028
The wafer biscuit market is forecasted to grow by USD 2.87 bn during 2023-2028, accelerating at a CAGR of 5.84% during the forecast period. The report on the wafer biscuit market provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation in flavors and varieties of wafer biscuits, increasing new wafer biscuit launches, and increasing on-trade sales of confectionery bakery items.
Technavio's wafer biscuit market is segmented as below:By Distribution ChannelOffline
Online
By TypeCream-filled
Coated
By GeographyEurope
North America
APAC
Middle East and Africa
South America
This study identifies the increase in popularity of gluten-free, dairy-free, and allergen-free wafer biscuits as one of the prime reasons driving the wafer biscuit market growth during the next few years. Also, increasing focus on the adoption of sustainable packaging and increasing advertising and marketing campaigns will lead to sizable demand in the market.
The report on the wafer biscuit market covers the following areas:Wafer biscuit market sizing
Wafer biscuit market forecast
Wafer biscuit market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wafer biscuit market vendors that include A. Loacker Spa AG, Antonelli Bros Ltd., Artisan Biscuits Products, Bauducco, BOLERO Confectionery of Thrace SA, Ferrero International S.A., Gokulsnacks, Greco Brothers Ltd., Lago Group Spa, Lotte Corp., Mars Inc., Nestle SA, Pickwick Hygienic Products Pvt. Ltd., pladis Foods Ltd., Pure Temptation Pvt. Ltd., Ravi Foods Pvt. Ltd., The Hershey Co., The J.M Smucker Co., Universal Robina Corp., and Mondelez International Inc.. Also, the wafer biscuit market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.