The savoury biscuits also popularly known as crackers are usually plainer and commonly eaten with cheese or other toppings containing supplementary ingredients for flavor or texture.
In the last few years consumers have become health conscious and are aware of organic and low calorie product so high fiber and organic food product demand has increased in the recent years. Hence, savoury biscuits fortified with fiber have more scope in the market followed by 100% organic savoury biscuits. Companies are gradually exploring new regional flavors, healthy ingredients such as flaxseed, carom, spinach etc. to gain interest of different type of consumers.
This factor will play a key role to grow savoury biscuit market at CAGR over 3% during 2017 to 2022, Confirms the Team MRFR Research Analyst while commenting upon this deep diving study report published by Market Research Future, presented through more than 100 market data tables and figures spread over 110 pages.
Major Key Players
- Kellogg Co (U.S.)
- The East India Company (U.K.)
- CEEMEA (U.K.)
- Nestlé (Switzerland)
- Burton’s Foods Ltd. (U.K.)
- Lotus Bakeries NV (Belgium)
- United Savoury biscuit (U.K.)
- Walkers Shortbread Ltd (U.K.)
- Parle (India)
- Britannia (India)
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- Savoury Biscuit manufacturers
- Bakery manufacturers
- Retailers, wholesalers
- E-commerce companies
- Traders, Importers and exporters
The Secondary data reveals that the savoury biscuit market is projected to grow more than 3% annually post the year 2022. The market for savoury biscuit is growing steadily with increasing in demand convenience food, globalization. Moreover, in recent years the major players are investing in R&D for new added flavors in APAC has subsequently increased.
Globally the market for savoury biscuit is expected to grow in terms of increase in value during the forecasting period – 2016 – 2027.
Downstream market analysis
The popularity of savoury biscuit in consumers among different age groups is supporting the growth of the market. Onion sour cream and tangy flavors are being appreciated by young age consumer groups, hence has created huge potential in the market. Travel friendly packaging will be new opportunity in savoury biscuit market.
Market Research Analysis:
- The demand for low calorie savoury biscuit is increasing in Europe
- Top 5 importers of Savoury crispbread are U.K., U.S., Norway, France and Sweden
Taste the market data and market information presented through more than 40 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Savoury Biscuit Market Research Report – Forecast to 2022”
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Savoury biscuit is a flavored hard or crisp dry baked product generally eaten as tea snack. It is one of the broadly consumed snacks worldwide. Cheddar crackers are the most popular savoury biscuit all over the world, as consumers of all age group enjoy the flavor. Baked bites have becoming highest growing product in recent year as it is convenience food and travel friendly packaged food.
Recently there is increase in the number of patients suffering from diseases like lactose intolerance, obesity and celiac disease segments like dairy-free, low-calories and gluten-free are in huge demand and has become fastest growing segment in global bakery market. New flavors, and consumer oriented products are attracting consumers of all age groups. Lately low calorie segments have created potential market in bakery.
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5.1 Trends in Supply/Production
5.2 Trends in Demand/Consumption
5.3 Emerging Markets (Supply & Demand)
5.4 Emerging Brands
5.5 Trade (Import-export) Analysis
5.6 Innovations in Products/Process
5.7 Macroeconomic indicators Analysis for top 5 Producing countries
6 MARKET FACTOR ANALYSIS
6.2 Value chain analysis
6.3 Porter’s five forces
6.4 Supply Chain Analysis
12. Competitive landscape
12.2 Product Launch/Development
12.3 Partnerships and collaborations
12.5 Business Expansion
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