Market Overview

The Global Wafer Biscuits Market was valued at USD 6,584.4 million in 2023 and is expected to reach USD 10,097.3 million by 2031 while growing at a CAGR of 5.5% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global wafer biscuits market growth. Wafer biscuits, thin and crispy, are made by baking a batter of flour, sugar, and fat spread thinly on a surface. Once baked until crisp, the sheets are layered with fillings to form a sandwich-like structure.

Increasing snacking between meals and a focus on convenience and portability are driving the growth of the wafer biscuits market. However, obstacles like health and wellness trends and rising ingredient costs could impede market expansion.

Furthermore, the global wafer biscuits industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Form Analysis

The Global Wafer Biscuits Market is segmented among Cream Filled, and Coated, based on Form. In 2023, Coated accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Wafer Biscuits Market is segmented among Supermarkets/ Hypermarkets, Convenience Stores, Online Retail Stores, and Other Distribution Channels, based on Distribution Channels. In 2023, Supermarkets/ Hypermarkets accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Wafer Biscuits Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Mars, Incorporated, Nestlé S.A., Mondelēz International, Inc, The Hershey Company, Lotte Corporation, Ravi Foods Pvt. Ltd. (RFPL), The Kellogg Company, Hostess Brands, LLC, Loacker S.p.A., and Universal Robina Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Wafer Biscuits Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Wafer Biscuits Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Wafer Biscuits Market Segmentation, By Form  

• Global Wafer Biscuits Market Share Analysis, By Form  

• Global Wafer Biscuits Market Growth Analysis, By Form 

• Global Wafer Biscuits Market Trends, By Form  

o Cream Filled

o Coated

6. Global Wafer Biscuits Market Segmentation, By Distribution Channel

• Global Wafer Biscuits Market Share Analysis, By Distribution Channel

• Global Wafer Biscuits Market Growth Analysis, By Distribution Channel

• Global Wafer Biscuits Market Trends, By Distribution Channel

o Supermarket/Hypermarket

o Convenience Stores

o Online retail stores

o Other Distribution Channels

7. Global Wafer Biscuits Market Segmentation, By Region

• Global Wafer Biscuits Market Share Analysis, By Region

• Global Wafer Biscuits Market Growth Analysis, By Region

• Global Wafer Biscuits Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Mars Incorporated*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Nestlé S.A.

• Mondelēz International, Inc

• The Hershey Company

• Lotte Corporation

• Ravi Foods Pvt. Ltd. (RFPL)

• The Kellogg Company

• Hostess Brands, LLC

• Loacker S.p.A.

• Universal Robina Corporation  

 *Similar analysis will be provided for each company listed above.