According to a new market study, the global Biscuits market is projected to reach a value of ~US$XX in 2019 and grow at a CAGR of ~XX% over the forecast period (2019-2029). The presented study ponders over the micro and macro-economic factors that are likely to influence the growth prospects of the Biscuits market over the assessment period.
The market report throws light on the current trends, market drivers, growth opportunities, and restraints that are likely to influence the dynamics of the Biscuits market on a global scale. The Five Force and SWOT analysis included in the report provides a fair idea of how the different players in the Biscuits market are adapting to the evolving market landscape.
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Analytical insights enclosed in the report:
- Raw material suppliers, traders, manufacturers, equipment/service providers in the Biscuits market
- Market entry opportunities for potential market players
- Revenue and pricing analysis of established market players in the Biscuits market
- Pipeline and ongoing research and development projects
- Sales and promotional strategies adopted by various market players
The report splits the Biscuits market into different market segments including, region, end-use, and application.
Segmentation Assessment of the Biscuits Market
has been segmented into: rich tea biscuits, bourbon biscuits, plain biscuits, chocolate coated biscuits, filled biscuits, and others. Others products segment includes speculaas and wafers among others. In terms of revenue, a chocolate coated biscuit is the largest segment by product type; however, bourbon biscuits also hold significant market share owing to the growing popularity of chocolate flavor cream based biscuits.
In addition, rich tea biscuits are low fat, low calorie, and high fiber snacking alternatives; thus, this segment is expected to become popular among senior Swiss consumers who are conscious about their health. In terms of age group, the biscuits market has been segmented into: 5 – 10 age group, 11 – 19 age group, 20 – 30 age group, 31 – 40 age group, and 41 and above age group. In terms of revenue, 20-30 years age group consumers dominate the Switzerland biscuits market. Whereas, 5-10 age group consumers in Switzerland is expected to be the fastest growing segment over the forecast period. Children of age group 5-10 enjoy cream-filled biscuits and different flavor of wafers. Chocolate coated biscuits, jam filled or cream filled biscuits are very popular among this age group.
Increasing retail outlets and strengthening retail network is anticipated to be the most prominent driver for the Switzerland biscuits market. Organized retailing and marketing and effective branding by vendors is expected to open new market opportunities for the biscuits market in Switzerland. Increasing capital investments is the major driver of the retail sector.
In this report, detail analysis of major driving factors along with key restraints and opportunities (DROs) of the Switzerland biscuits market are covered. The research study analyzed the ongoing market trends and provides details forecast for the period from 2016 to 2024. In addition, major suppliers and manufacturers in this industry are listed in the scope of the report. Price trend analysis for different product types in this biscuits industry would help the market players to understand the different factors that are influencing on the average unit price of biscuits. Average unit prices of biscuits remained unchanged in 2015 and this is expected to increase marginally over the forecast period. Due to the strong position of the Swiss franc, domestic manufacturers faced a heavy burden not only in exports, but also from the intense price competition by imports from European countries. The increasing number of imported biscuits as well as the strong position of private label products reduced the average unit price in many categories. However, the volatile commodity prices of cereals, cocoa and nuts lifted the prices of other categories, most notably chocolate coated biscuits.
Major players in the biscuits market include Kambly SA, Wernli AG, Walkers Shortbread Ltd,Kägi Söhne AG., Lefèvre-Utile, Barilla G. e R. Fratelli S.p.A, Nestle S.A., Lotus Bakeries N.V., Burton’s Food, Confiserie Sprüngli AG, Midor AG, HUG AG, United Biscuit among others. This report would help the biscuits manufacturer, suppliers and distributer to estimate and analyze the demand and consumption of biscuits across the Switzerland.
The scope of the study presents a comprehensive evaluation of the stakeholder strategies and winning imperatives for them by segmenting the Switzerland biscuits market as below:
Switzerland Biscuits Market, Ingredients Analysis
Switzerland Biscuits Market, Product Analysis
- Rich Tea
- Plain biscuits
- Chocolate Coated biscuits
- Filled biscuits
Switzerland Biscuits Market, Age Group Analysis
- 5 – 10
- 11 – 19
- 20 – 30
- 31 – 40
- 41 and Above
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The report provides an in-depth analysis of the current trends that are expected to impact the business strategies of key market players operating in the market. Further, the report offers valuable insights related to the promotional, marketing, pricing, and sales strategies of the established companies in the Biscuits market. The market share, growth prospects, and product portfolio of each market player are evaluated in the report along with relevant tables and figures. Some of the leading companies covered in the report include market player 1, market player 2, market player 3, and market player 4.
The study aims to address the following doubts related to the Biscuits market:
- How has the evolving regulatory landscape impacted the growth of the global Biscuits market?
- Which region is anticipated to witness the highest CAGR growth during the forecast period?
- How are the budding market players aiming to cement their position in the current market landscape?
- Which market segment is expected to experience the slowest growth over the forecast period?
- The demand from which end-use industry is expected to be the highest during the assessment period?
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