Wafer Biscuit Market

Wafer Biscuit Market by Category (Coated Wafer Biscuits and Cream-filled Wafer Biscuits), Applications (Supermarket, Department Store, and others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-665
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 190
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global wafer biscuit market size is projected to expand at a substantial CAGR of 5.12% during the forecast period, 2021–2028. The growth of the market is attributed to the increasing urbanization, shift in demography and rise in disposable incomes.
 

Wafer Biscuit Market Key Takeaways


The breakfast biscuit trend continues to develop strongly as customers prefer more convenient breakfast alternatives. The availability of handy and healthful on-the-go snacks, such as morning biscuits, is one factor that attracts customers.

The COVID-19 pandemic has both beneficial and bad consequences for the global wafer biscuits market. The market's negative impact was caused by disruptions in global supply chains, which resulted in firms closing down operations or operating with insufficient employees, resulting in poor production. Furthermore, consumer stockpiling of commodities with a lengthy shelf life, such as biscuits, led in a reduction in product supply in the market. The demand for nutritious oat-based and nut-based cookies, are estimated to drive the market.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for convenience food and increasing disposable incomes are expected to fuel the market during the forecast period.
  • Increasing demand for coated wafer biscuits is the major factor propelling the market during the forecast period.
  • Large profit margins, rising spread of supermarkets, and increasing demand in luxury items, is estimated to provide future development potential.
  • Lack of skilled labor in the market act as major challenges that can hamper the market expansion during the forecast period.
  • New product introductions and growing demand in developing countries are expected to create significant opportunities for the market players.

Scope of the Report

The report on the global wafer biscuit market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Wafer Biscuit Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Category (Coated Wafer Biscuits and Cream-Filled Wafer Biscuit) and Applications (Supermarket, Department Stores, and others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Nestle, The Hershey, Pladis, Antonelli Bros, Artisan Biscuits, Bolero, Dukes, Kellogg, Lago, Mondelez International, Mars, and The Hershey company

 

Global Wafer Biscuit Market Segment Insights

The coated wafer biscuit segment is projected to constitute a large market share
Based on the category, the global wafer biscuit market is segregated into coated wafer biscuit and cream-filled wafer biscuit. The coated wafer biscuits segment is anticipated to expand at a robust CAGR. The consumers choose coated wafer biscuits because they come in a variety of flavors, including strawberry and chocolate. In addition, producers are constantly developing new flavors for coated wafer biscuits, such as chocolate wafer biscuits, vanilla wafer cookies, sugar wafer cookies, caramel wafer biscuits, and pink wafer cookies. Wafer cookies Manufacturers are offering coated wafer cookies in various shapes and sizes, which attracts the customers and the segment is projected to expand during the forecast period.

The supermarket segment is expected to register a substantial CAGR
On the basis of applications, the global wafer biscuit market is fragmented into supermarket, department store, and others. The supermarket segment is projected to hold a major market share during the forecast period. The supermarkets provide a wide selection of wafer biscuits from numerous wafer cookie brands they attract a larger number of customers than other distribution channels. Due to changing consumer lifestyles and rising urbanization, particularly in emerging countries, the supermarket segment will continue to rise throughout the forecast period.
 

Wafer Biscuit Market By Applications


The market in Europe is expected to hold the major market share
In terms of regions, the global wafer biscuit market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Europe is estimated to expand at a high CAGR during the forecast period, owing to high standard of living and the presence of numerous merchants in the region. Wafer biscuits are the second largest market in North America. However, due to rising health concerns among consumers, the rise in wafer biscuit consumption has slowed in this region. The Asia-Pacific region is likely to be the fastest-growing market during the forecast period, owing to a shift in consumer preferences and increased disposable incomes. The urbanization in the region, particularly in China and India, has boosted market demand for wafer biscuits and other bakery items.
 

Wafer Biscuit Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wafer Biscuit Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Wafer Biscuit Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Wafer Biscuit Market - Supply Chain
  4.5. Global Wafer Biscuit Market Forecast
     4.5.1. Wafer Biscuit Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Wafer Biscuit Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Wafer Biscuit Market Absolute $ Opportunity
5. Global Wafer Biscuit Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Wafer Biscuit Market Size and Volume Forecast by Applications
     5.3.1. Supermarket
     5.3.2. Department store
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Wafer Biscuit Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Wafer Biscuit Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Wafer Biscuit Demand Share Forecast, 2019-2026
7. North America Wafer Biscuit Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Wafer Biscuit Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Wafer Biscuit Market Size and Volume Forecast by Applications
     7.4.1. Supermarket
     7.4.2. Department store
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Wafer Biscuit Demand Share Forecast, 2019-2026
8. Latin America Wafer Biscuit Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Wafer Biscuit Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Wafer Biscuit Market Size and Volume Forecast by Applications
     8.4.1. Supermarket
     8.4.2. Department store
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Wafer Biscuit Demand Share Forecast, 2019-2026
9. Europe Wafer Biscuit Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Wafer Biscuit Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Wafer Biscuit Market Size and Volume Forecast by Applications
     9.4.1. Supermarket
     9.4.2. Department store
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Wafer Biscuit Demand Share Forecast, 2019-2026
10. Asia Pacific Wafer Biscuit Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Wafer Biscuit Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Wafer Biscuit Market Size and Volume Forecast by Applications
     10.4.1. Supermarket
     10.4.2. Department store
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Wafer Biscuit Demand Share Forecast, 2019-2026
11. Middle East & Africa Wafer Biscuit Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Wafer Biscuit Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Wafer Biscuit Market Size and Volume Forecast by Applications
     11.4.1. Supermarket
     11.4.2. Department store
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Wafer Biscuit Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Wafer Biscuit Market: Market Share Analysis
  12.2. Wafer Biscuit Distributors and Customers
  12.3. Wafer Biscuit Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Nestle
     12.4.2. Pladis
     12.4.3. Antonelli Bros
     12.4.4. Artisan Biscuits
     12.4.5. Bolero
     12.4.6. Dukes
     12.4.7. Kellogg
     12.4.8. Lago
     12.4.9. Mondelez International
     12.4.10. Mars
     12.4.11. The Hershey Company

Segments Covered in the Report
The global wafer biscuit market has been segmented on the basis of

Category

  • Coated Wafer Biscuits
  •  Cream-filled Wafer Biscuits

Application

  • Supermarket
  • Department store

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Nestle
  • Pladis
  • Antonelli Bros
  • Artisan Biscuits
  • Bolero
  • Dukes
  • Kellogg
  • Lago
  • Mondelez International
  • Mars
  • The Hershey Company

 

Key players competing in the global wafer biscuit market includes Nestle, Pladis, Artisan Biscuits, Mondelez International, Bolero, Dukes, Antonelli Bros, Kellogg, Lago, Mars, and The Hershey Company.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
 

Wafer Biscuit Market By Key Players

Buy Report