Global Wafer Biscuits Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Wafer Biscuits Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Form (Cream Filled, and Coated), Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, Online Retail Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
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.