Market Forecast By Types (Crackers & Savory Biscuits, Sweet Biscuits, Functional/ Energetic), By Category (Premium Biscuits, Non-Premium Biscuits), By Distribution (Supermarkets & Hypermarkets, Convenience Stores, Specialist Stores, Online Retail, And Others), By Countries (India, China, Japan, Australia, Thailand, Indonesia, Malaysia And Rest of Asia Pacific) And Competitive Landscape.
Product Code: ETC001349 | Publication Date: Mar 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Asia Pacific biscuit market has witnessed rising demand for biscuits as consumers in the Asia Pacific region are increasingly looking for healthier and more nutritious snack options. As a result, there has been a growing demand for biscuits that are low in sugar, fat, and calories. Manufacturers have responded by launching healthier biscuit options that cater to this demand. Additionally, premium biscuits, which are often made with high-quality ingredients and come in attractive packaging, have been gaining popularity in the Asia Pacific region. Consumers are willing to pay more for these premium biscuits, which are seen as a treat or a luxury item. Further, With the COVID-19 pandemic, there has been a significant shift towards online shopping in the Asia Pacific region. Biscuit manufacturers have been quick to adapt to this trend, and many are now selling their products through e-commerce platforms. This has helped them reach a wider audience and boost their sales. Moreover, biscuit manufacturers in the Asia Pacific region are investing heavily in research and development to come up with innovative new products. For example, some manufacturers are experimenting with new flavors and ingredients, while others are developing biscuits that cater to specific dietary requirements.
There is a growing trend towards premium biscuits in the Asia Pacific biscuit industry, with consumers willing to pay more for high-quality products that offer unique flavors and textures. Additionally, busier lifestyles and the increasing number of working women are driving demand for convenient and portable snack options, including biscuits. Further, consumers in the Asia Pacific region have a strong preference for regional flavors and ingredients. This has led to an increase in demand for biscuits that incorporate traditional ingredients and flavors from countries like Japan, Korea, and India. Moreover, the growth of e-commerce in the Asia Pacific region has opened up new distribution channels for biscuit manufacturers, and many are now selling their products through online retailers and marketplaces. These factors will help the manufacturers to enhance their market share over the coming years.
The Asia Pacific Biscuits market report thoroughly covers the market by types, distribution, category, and key countries including India, China, Japan, Australia, Indonesia, Malaysia, Thailand, and the Rest of Asia Pacific. The Asia Pacific Biscuits market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Biscuits market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Biscuits Market is expected to gain momentum during the upcoming years on account of increasing disposable income, changing consumer taste preferences, rising demand for processed food, as well as the availability of numerous product variants. Additionally, increasing demand for biscuits in the snack category due to the growing preference for convenience food or on-the-go light snacks would further propel the market growth. Moreover, innovation in the packing of the products plays a significant role in the rising demand for biscuits in the region. However, high competition would hamper market growth over the coming years.
According to 6Wresearch, the Asia Pacific (APAC) Biscuits Market size is anticipated to register growth during 2019-2025. Rising penetration towards convenient snacking options coupled with a wide variety of biscuits available is driving the APAC Biscuits Market Share. The manufacturers are launching gluten-free biscuits in order to attract the health-conscious consumer which is further adding to the development of the industry. Additionally, various discount offered by the departmental stores is adding to the APAC Biscuit Market Share.
In terms of distribution, the supermarkets and hypermarkets segment captured the majority of the market revenues and is anticipated to lead the market revenues throughout the forecast period due to the increasing penetration of supermarkets in the region as well as growing consumer preference to shop from supermarkets for easy availability of products. Further, online retail stores are projected to witness considerable growth over the next six years due to the increasingly sedentary lifestyles of consumers.
China dominated the Asia Pacific Biscuits Market and is projected to lead the market revenues during the forecast period on account of increasing companies’ spending on the development of innovative flavours to meet consumer demand as well as the presence of a large number of biscuit manufacturing companies. However, India is anticipated to witness substantial growth in the biscuits market over the coming years owing to the growing young population as well as rising trends to gift premium cookies on occasion.
The Asia Pacific Biscuits Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Asia Pacific Biscuits Market Overview |
3.1 Asia Pacific Country Indicators |
3.2 Asia Pacific Biscuits Market Revenues 2015-2025F |
3.3 Asia Pacific Biscuits Market Revenue Share, By Biscuit Types, 2018 & 2025F |
3.4 Asia Pacific Biscuits Market Revenue Share, By Category, 2018 & 2025F |
3.5 Asia Pacific Biscuits Market Revenue Share, By Distribution, 2018 & 2025F |
3.6 Asia Pacific Biscuits Market Revenue Share, By Regions, 2018 & 2025F |
3.7 Asia Pacific Biscuits Market - Distribution Life Cycle |
3.8 Asia Pacific Biscuits Market - Porter’s Five Forces |
4. Asia Pacific Biscuits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Asia Pacific Biscuits Market Trends |
6. Asia Pacific Biscuits Market Overview, By Biscuit Types |
6.1 Asia Pacific Biscuits Market Revenues, By Crackers & Savory Biscuits, 2015-2025F |
6.2 Asia Pacific Biscuits Market Revenues, By Sweet Biscuits, 2015-2025F |
6.3 Asia Pacific Biscuits Market Revenues, By Functional/ Energetic Biscuits, 2015-2025F |
7. Asia Pacific Biscuits Market Overview, By Category |
7.1 Asia Pacific Biscuits Market Revenues, By Premium Biscuits, 2015-2025F |
7.2 Asia Pacific Biscuits Market Revenues, By Non-Premium Biscuits, 2015-2025F |
8. Asia Pacific Biscuits Market Overview, By Distribution |
8.1 Asia Pacific Biscuits Market Revenues, By Supermarkets & Hypermarkets, 2015-2025F |
8.2 Asia Pacific Biscuits Market Revenues, By Convenience Stores, 2015-2025F |
8.3 Asia Pacific Biscuits Market Revenues, By Specialist Stores, 2015-2025F |
8.4 Asia Pacific Biscuits Market Revenues, By Online Retail, 2015-2025F |
8.3 Asia Pacific Biscuits Market Revenues, By Others, 2015-2025F |
9. India Biscuits Market Overview |
9.1 India Biscuits Market Revenues, 2015-2025F |
9.2 India Biscuits Market Revenues, By Biscuit Types, 2015-2025F |
9.3 India Biscuits Market Revenues, By Category, 2015-2025F |
9.4 India Biscuits Market Revenues, By Distribution, 2015-2025F |
10. China Biscuits Market Overview |
10.1 China Biscuits Market Revenues, 2015-2025F |
10.2 China Biscuits Market Revenues, By Biscuit Types, 2015-2025F |
10.3 China Biscuits Market Revenues, By Category, 2015-2025F |
10.4 China Biscuits Market Revenues, By Distribution, 2015-2025F |
11. Japan Biscuits Market Overview |
11.1 Japan Biscuits Market Revenues, 2015-2025F |
11.2 Japan Biscuits Market Revenues, By Biscuit Types, 2015-2025F |
11.3 Japan Biscuits Market Revenues, By Category, 2015-2025F |
11.4 Japan Biscuits Market Revenues, By Distribution, 2015-2025F |
12. Australia Biscuits Market Overview |
12.1 Australia Biscuits Market Revenues, 2015-2025F |
12.2 Australia Biscuits Market Revenues, By Biscuit Types, 2015-2025F |
12.3 Australia Biscuits Market Revenues, By Category, 2015-2025F |
12.4 Australia Biscuits Market Revenues, By Distribution, 2015-2025F |
13. Indonesia Biscuits Market Overview |
13.1 Indonesia Biscuits Market Revenues, 2015-2025F |
13.2 Indonesia Biscuits Market Revenues, By Biscuit Types, 2015-2025F |
13.3 Indonesia Biscuits Market Revenues, By Category, 2015-2025F |
13.4 Indonesia Biscuits Market Revenues, By Distribution, 2015-2025F |
14. Malaysia Biscuits Market Overview |
14.1 Malaysia Biscuits Market Revenues, 2015-2025F |
14.2 Malaysia Biscuits Market Revenues, By Biscuit Types, 2015-2025F |
14.3 Malaysia Biscuits Market Revenues, By Category, 2015-2025F |
14.4 Malaysia Biscuits Market Revenues, By Distribution, 2015-2025F |
15. Thailand Biscuits Market Overview |
15.1 Thailand Biscuits Market Revenues, 2015-2025F |
15.2 Thailand Biscuits Market Revenues, By Biscuit Types, 2015-2025F |
15.3 Thailand Biscuits Market Revenues, By Category, 2015-2025F |
15.4 Thailand Biscuits Market Revenues, By Distribution, 2015-2025F |
16. Rest of Asia Pacific Biscuits Market Overview |
16.1 Rest of Asia Pacific Biscuits Market Revenues, 2015-2025F |
17. Asia Pacific Biscuits Market - Key Performance Indicators |
18. Asia Pacific Biscuits Market - Opportunity Assessment |
18.1 Asia Pacific Biscuits Market Opportunity Assessment, By Biscuit Types, 2025F |
18.2 Asia Pacific Biscuits Market Opportunity Assessment, By Category, 2025F |
18.3 Asia Pacific Biscuits Market Opportunity Assessment, By Distribution, 2025F |
18.4 Asia Pacific Biscuits Market Opportunity Assessment, By Countries, 2025F |
19. Asia Pacific Biscuits Market Competitive Landscape |
19.1 Asia Pacific Biscuits Market Revenue Share, By Company |
19.1.1 India Biscuits Market Revenue Share, By Companies, 2018 |
19.1.2 China Biscuits Market Revenue Share, By Companies, 2018 |
19.1.3 Japan Biscuits Market Revenue Share, By Companies, 2018 |
19.1.4 Australia Biscuits Market Revenue Share, By Companies, 2018 |
19.1.5 Indonesia Biscuits Market Revenue Share, By Companies, 2018 |
19.1.6 Malaysia Biscuits Market Revenue Share, By Companies, 2018 |
19.1.7 Thailand Biscuits Market Revenue Share, By Companies, 2018 |
19.2 Asia Pacific Biscuits Market Competitive Benchmarking, By Operating & Technical Parameters |
20. Company Profiles |
21. Key Recommendations |
22. Disclaimer |