sales@businessmarketinsights.com     UK: +442081254005
   

Asia Pacific Biscuits Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Sweet, Savory, Crackers, Filled, Wafers, and Others); Packaging (Pouches/Packets, Boxes, and Jars); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others), and Country

Code: TIPRE00010730 | Pages: 155 | Industry: Food and Beverages | Date: May 2020
Covid

The Asia Pacific biscuits market is accounted to US$ 24,764.5 Mn in 2018 and is expected to grow at a CAGR of 4.8 % during 2019–2027, to account to US$ 37,767.0 Mn by 2027.

 

Biscuit is small bread made from a mixture of flour, sugar or salt, and butter or vegetable shortening, with baking powder as a leavening agent. Biscuits have high nutritional profile, including fats, fibers, and carbohydrates. There is a rising consumer demand for products containing nongenetically modified and natural ingredients owing to growing awareness regarding health and safety concerns. In addition to improving lifestyles, the popularization of easy purchase through online shopping, among other new methods of sales, is keeping the sector alive. Moreover, the biscuit producers have effortlessly storable products on shelf for e-trade; thus, the increasing number of online retailers is boosting biscuit manufacturers business. Moreover, the low-cost local manufacturers are improving and expanding their production capacities. .  

 

Effect of COVID-19 on Asia Pacific Biscuits Market

The recent COVID-19 outbreak, which first began in Wuhan (China) in December 2019, has spread at a fast pace all over the world. As of March 2020, China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst affected countries in terms confirmed cases and reported deaths. The food and beverage industry is one of the major industries suffering serious supply chain disruptions, technology events cancellations, office shutdowns, etc., as a result of this outbreak. The lockdown of various plants and factories in prime locations in Asia Pacific is affecting supply chains and negatively impacting the manufacturing and delivery schedules, as well as the sales of various goods. The COVID-19 is anticipated to cause a loss of more than 3 billion lives in this region in the time to come. The consequences are likely to worsen depending on the spread of the coronavirus variant. The governments of Asia Pacific countries are taking all possible steps to reduce the effects the viral transmission by enforcing lockdowns, which is ultimately impacting their revenue generation. The Airports Council International (ACI) Asia Pacific warned that the prolonged duration of the covid-19 outbreak would drastically impact the region’s airports’ connectivity and economic sustainability, significantly restricting them from achieving the already estimated growth prospects. Until now, China has the highest number of COVID-19 confirmed cases and mortalities in this region.

 

Asia Pacific Biscuits Market

Asia Pacific Biscuits Market


Market Insights

Fierce competition between leading biscuit manufacturers favors Asia Pacific biscuits market growth. The global biscuits market has several companies producing numerous biscuit products for various regions. In addition to dominant, large-scale production companies, local small-scale bakers focused on innovation are also producing delicious biscuit products with authentic recipes. APAC comprises several developing economies such as China, India, Japan, South Korea, and Australia. These developed and developing countries are witnessing growth in the middle-class population, along with the surge in urbanization, which offers several opportunities for the key players in the biscuit market. Severe competition compels companies to adopt innovative approaches to enhance their product quality. Other factors, such as changing consumer taste preferences and rising demand for processed food, as well as the availability of numerous product variants, have boosted the growth of the biscuits market in this region. There is a rising consumer demand for products containing non-genetically modified and natural ingredients owing to mounting health awareness and safety concerns. In addition to improving lifestyles, the popularization of easy purchase through online shopping, among other new methods of sales, is also supporting business expansion of biscuit market players in the region. Further, the biscuit producers have effortlessly storable products on shelf for e-trade; thus, the rising number of online retailers is fueling the biscuits market growth.

             

Type Insights

The Asia Pacific biscuits market, based on type, has been segmented into sweet, savory, crackers, filled, wafers, and others. The sweet biscuit segment hold the dominant share in the Asia Pacific biscuits market, whereas the filled segment is estimated to grow at the fastest rate.  Sweet biscuits have higher sweetness than ordinary biscuits and can be loaded with nuts, fruits, or bakery chips. They are generally treated as a cousin to scone, which is a baked product that is usually made of wheat or oatmeal.. The savory biscuits are in demand due to consumers raising interest in new tastes and textures, coupled with the inclination toward healthy snacking options. Crackers are rich in fiber and calorie content. The consumption of crackers makes the consumers feel fuller and satisfied. Besides this, crackers reduce the risk of chronic diseases and help in weight loss as they are made from whole grains. The fat and calorie content of filled or coated biscuits differs depending upon the type of filling or coating applied. Filled or coated biscuits are a great treat; however, it is advised to consume this type occasionally. Despite the small size, wafers are rich in calories and serve as a high source of energy. Customers prefer wafers as they are light in weigh and easy to carry. The other biscuit types include rolled biscuits, drop biscuits, scones, and shortcakes.

                                                                       

Packaging Type Insights

The Asia Pacific biscuits market has been segmented on the basis of packaging type into pouches/packets, boxes, and jars. The pouches or packets segment accounts for the largest share of the market, followed by the boxes segment. The plastic packets are made from laminated plastic layers and aluminum to prevent the entry of air and light as well as to increase the shelf life of biscuits. Packing biscuits in pouches or packets adds aesthetic attributes that appeal to the customers; it also facilitates easy recognition of the products. Boxes have been used for biscuit packaging for many years, while cardboard boxes have played an essential role in protecting goods and products filled in. Moreover, the boxes are preferred packaging material as they are easily accessible, affordable, and recyclable. Many companies prefer using boxes for packing biscuits, as they are cheap, lightweight, and handy. Most of the companies, barring the fortune 500 companies, purchase stock bottles or jars, and then use a label or a shrink wrap to brand the goods.

 

Distribution Channel Insights

The Asia Pacific biscuits market, based on distribution channel, has been segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment is estimated to hold the largest share of the market during the forecast period, whereas the online segment is estimated register the highest CAGR during this period. The producers sell the biscuits directly to dealers or distributors, who further sell them to supermarkets and hypermarkets. The distributors at supermarket and hypermarket keep the assortment of biscuits as per the consumer demand. High footfall in supermarkets and hypermarkets makes it easier for the biscuits producers to target their customer base. Convenience stores are the stores located in a limited area and are small in size compared to hypermarkets and supermarkets. These stores offer a variety of biscuits, thereby eliminating the need for driving to the nearest shopping mall. The availability of convenience stores at petrol pumps, gas stations, and railway stations is one of the major factors expected to drive the growth of the biscuits sales through this segment. Manufacturers prefer selling biscuits online as it enables them to eliminate the involvement of wholesalers and retailers, thus gaining a larger share in profits. Online sales also help them to strengthen their brand image and control the pricing, and it helps them connect directly with customers. Biscuits belonging to various national and local brands are made available to customers through different distribution channels. Many biscuit manufacturers tie up with local tea shops, kiosks, and special dedicated stores at bus stops and railway stations to sell their products. Different biscuits are also available in smaller packages in corporate canteens. Further, grocery stores, city stores, and bakery stores come under others segment of the biscuits market.  

 

Asia Pacific Biscuits Market by Type

Asia Pacific Biscuits Market by Type

ASIA PACIFIC BISCUITS MARKET SEGMENTATION

 

Biscuits Market, by Type

  •  Sweet
  • Savory
  • Crackers
  • Filled
  • Wafers
  • Others

Biscuits Market, by Packaging

  • Pouches/Packets
  • Boxes
  • Jars
  • Others

Biscuits Market, by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Store
  • Online Retail
  • Others

Company Profiles

  • Burton's Biscuit Company
  • ITC Ltd.
  • Kellogg Company
  • Lotus Bakeries NV
  • Mondelez International, Inc.
  • Nestlé S.A.
  • Britannia Industries Limited

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Asia Pacific Biscuits Market – By Type

1.3.2        Asia Pacific Biscuits Market – By Packaging

1.3.3        Asia Pacific Biscuits Market – By Distribution Channel

1.3.4        Asia Pacific Biscuits Market – By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Biscuits Market Landscape

4.1         Market Overview

4.1.1        Asia Pacific PEST Analysis

5.           Biscuits Market – Key Industry Dynamics

5.1         Key Market Drivers

5.1.1        Fierce competition between leading manufacturers.

5.1.2        Use of good-quality raw materials with growing clean label trend

5.2         Key Market Restraints

5.2.1        Exposure to political, economic and regulatory risks in emerging markets.

5.3         Key Market Opportunities

5.3.1        Innovation and Product Premiumnization

5.4         Key Future Trends

5.4.1        On-to-go foodstuff as snacking options

5.5         Impact Analysis of Drivers and Restraints

6.           Biscuits– Asia Pacific Market Analysis

6.1         Asia Pacific biscuits Market Overview

6.2         Asia Pacific biscuits Market Forecast and Analysis

7.           Asia Pacific biscuits Market Analysis By Type

7.1         Overview

7.2         Sweet Biscuits

7.2.1        Overview

7.2.2        Asia Pacific Sweet Biscuits Revenue and Forecasts to 2027 (US$ MN)

7.3         Savory

7.3.1        Overview

7.3.2        Asia Pacific Savory Biscuits Market, Revenue Forecast to 2027 (US$ Mn)

7.4         Crackers

7.4.1        Overview

7.4.2        Asia Pacific Crackers Biscuits Market, Revenue Forecast to 2027 (US$ Mn)

7.5         Filled

7.5.1        Overview

7.5.2        Asia Pacific Filled Biscuits Revenue and Forecasts to 2027 (US$ MN)

7.6         Wafers

7.6.1        Overview

7.6.2        Asia Pacific Wafers Biscuits Market, Revenue Forecast to 2027 (US$ Mn)

7.7         Others

7.7.1        Overview

7.7.2        Asia Pacific Others Biscuits Market, Revenue Forecast to 2027 (US$ Mn)

8.           Asia Pacific Biscuits Market Analysis – By Packaging

8.1         Overview

8.2         Asia Pacific Biscuits Market Breakdown, By Packaging, 2018 & 2027

8.3         Pouches / Packets

8.3.1        Overview

8.3.2        Asia Pacific Pouches / Packets Biscuits Market Revenue and Forecasts to 2027 (US$ MN)

8.4         Boxes

8.4.1        Overview

8.4.2        Asia Pacific Boxes Biscuits Market Revenue and Forecasts to 2027 (US$ MN)

8.5         Jars

8.5.1        Overview

8.5.2        Asia Pacific Jars Biscuits Market Revenue and Forecasts to 2027 (US$ MN)

9.           Asia Pacific Biscuits Market Analysis –  By Distribution Channel

9.1         Overview

9.2         Asia Pacific Biscuits Market Breakdown, By Distribution Channel, 2018 & 2027

9.3         Supermarkets & Hypermarkets

9.3.1        Overview

9.3.2        Asia Pacific Supermarkets & Hypermarkets Biscuits Market, Revenue Forecast to 2027 (US$ Mn)

9.4         Convenience Stores

9.4.1        Overview

9.4.2        Asia Pacific Convenience Stores Biscuits Market, Revenue Forecast to 2027 (US$ Mn)

9.5         Online Retail

9.5.1        Overview

9.5.2        Asia Pacific Online Retail Biscuits Market, Revenue Forecast to 2027 (US$ Mn)

9.6         Others

9.6.1        Overview

9.6.2        Asia Pacific Others Biscuits Market, Revenue Forecast to 2027 (US$ Mn)

10.        Asia Pacific Biscuits Market – Country Analysis

10.1      Overview

10.1.1     Asia Pacific Biscuits Market Breakdown, by Key Countries

10.1.1.1       Australia: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.1.1.1       Australia: Biscuits Market, by Type

10.1.1.1.2       Australia: Biscuits Market, by Packaging

10.1.1.1.3       Australia: Biscuits Market, by Distribution Channel

10.1.1.2       China: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.1.2.1       China: Biscuits Market, by Type

10.1.1.2.2       China: Biscuits Market, by Packaging

10.1.1.2.3       China: Biscuits Market, by Distribution Channel

10.1.1.3       India: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.1.3.1       India: Biscuits Market, by Type

10.1.1.3.2       India: Biscuits Market, by Packaging

10.1.1.3.3       India: Biscuits Market, by Distribution Channel

10.1.1.4       Japan: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.1.4.1       Japan: Biscuits Market, by Type

10.1.1.4.2       Japan: Biscuits Market, by Packaging

10.1.1.4.3       Japan: Biscuits Market, by Distribution Channel

10.1.1.5       South Korea: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.1.5.1       South Korea: Biscuits Market, by Type

10.1.1.5.2       South Korea: Biscuits Market, by Packaging

10.1.1.5.3       South Korea: Biscuits Market, by Distribution Channel

10.1.1.6       Rest of APAC: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

10.1.1.6.1       Rest of APAC: Biscuits Market, by Type

10.1.1.6.2       Rest of APAC: Biscuits Market, by Packaging

10.1.1.6.3       Rest of APAC: Biscuits Market, by Distribution Channel

11.        Impact of COVID-19 Pandemic on Asia Pacific Biscuits Market

11.1      Overview

11.2      Asia-Pacific: Impact assessment of COVID-19 Pandemic

12.        Company Profiles

12.1      Burton's Biscuit Company

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      ITC Ltd.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Kellogg Company

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Lotus Bakeries NV

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Mondelez International, Inc.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Nestlé S.A

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Britannia Industries Limited

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

13.        Appendix

13.1      About the Insight Partners

13.2      Glossary

 

LIST OF TABLES

Table 1.             Asia Pacificbiscuits Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.             Asia Pacific biscuits Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

Table 3.             Australia Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 4.             Australia Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)

Table 5.             Australia Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)

Table 6.             China Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 7.             China Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)

Table 8.             China Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)

Table 9.             India Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 10.          India Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)

Table 11.          India Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)

Table 12.          Japan Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 13.          Japan Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)

Table 14.          Japan Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)

Table 15.          South Korea Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 16.          South Korea Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)

Table 17.          South Korea Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)

Table 18.          Rest of APAC Biscuits Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 19.          Rest of APAC Biscuits Market, by Packaging – Revenue and Forecast to 2027 (USD Mn)

Table 20.          Rest of APAC Biscuits Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)

Table 21.          Glossary of Terms, Asia Pacific Biscuits Market


LIST OF FIGURES

Figure 1.           Asia Pacific biscuits Market Segmentations

Figure 2.           Asia Pacific biscuits Market Segmentation – By Country

Figure 3.           Asia Pacific Biscuits Market Overview

Figure 4.           Sweet Biscuits Held Largest Share In the Asia Pacific biscuits Market By Type

Figure 5.           China Dominated the Asia Pacific biscuits Market In 2018

Figure 6.           Asia Pacific Biscuits Market, Industry Landscape

Figure 7.           Asia Pacific– Pest Analysis

Figure 8.           Biscuits Market Impact Analysis of Driver And Restraints

Figure 9.           Asia Pacific biscuits Market Forecast and Analysis, (US$ Mn)

Figure 10.        Asia Pacific biscuits Market Breakdown by Type, 2018 & 2027 (%)

Figure 11.        Asia Pacific Sweet Biscuits Revenue and Forecasts to 2027 (US$ Mn)

Figure 12.        Asia Pacific Savory Biscuits Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 13.        Asia Pacific Crackers Biscuits Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 14.        Asia Pacific Filled Biscuits Revenue and Forecasts to 2027 (US$ Mn)

Figure 15.        Asia Pacific Wafers Biscuits Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16.        Asia Pacific Others Biscuits Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 17.        Asia Pacific Biscuits Market Breakdown by Packaging, Value, 2018 & 2027 (%)

Figure 18.        Asia Pacific Pouches / Packets Biscuits Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 19.        Asia Pacific Boxes Biscuits Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 20.        Asia Pacific Jars Biscuits Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 21.        Asia Pacific Biscuits Market Breakdown, By Distribution Channel, 2018 & 2027

Figure 22.        Asia Pacific Supermarkets & Hypermarkets Biscuits Market, Revenue Forecast To 2027 (US$ Mn)

Figure 23.        Asia Pacific Convenience Stores Biscuits Market, Revenue Forecast To 2027 (US$ Mn)

Figure 24.        Asia Pacific Online Retail Biscuits Market, Revenue Forecast To 2027 (US$ Mn)

Figure 25.        Asia Pacific Others Biscuits Market, Revenue Forecast To 2027 (US$ Mn)

Figure 26.        Asia Pacific Biscuits Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 27.        Asia Pacific biscuits Market Breakdown by Key Countries, 2018 & 2027(%)

Figure 28.        Australia: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 29.        China: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 30.        India: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 31.        Japan: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 32.        South Korea: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 33.        Rest of APAC: Biscuits Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 34.        Impact of COVID-19 Pandemic In Asia Pacific Country Markets

 

The List of Companies - Asia Pacific Biscuits Market

  1. Burton's Biscuit Company
  2. ITC Ltd.
  3.  Kellogg Company
  4. Lotus Bakeries NV
  5. Mondelez International, Inc.
  6. Nestlé S.A.
  7. Britannia Industries Limited
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Biscuits market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Related Tags Asia Pacific Biscuits Market Asia Pacific Biscuits Market Research Asia Pacific Biscuits Market Insight Asia Pacific Biscuits Market Trends Asia Pacific Biscuits Market Forecast Asia Pacific Biscuits Market Share Asia Pacific Biscuits Market 2027 Asia Pacific Biscuits Market Growth Asia Pacific Biscuits Industry Sector Asia Pacific Biscuits PDF Report Asia Pacific Biscuits Analysis Asia Pacific Biscuits Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000