Biscuits & crackers gain traction as on-the-go meals
According to a report by Transparency Market Research (transparencymarketresearch.com) the global biscuits market is estimated to reach U.S. $109,959.9 million by the end of 2025. During the forecast years of 2017 and 2025, the global market is expected to register a CAGR of 4.7%. Of all the products, sweet biscuits are expected to lead the market. Geographically, Asia Pacific is projected to show a higher expansion rate than the others due to an ever-growing consumer base. This regional market is expected to rise at a CAGR of 4.9% between 2017 and 2025.
Biscuits are one of the most important snacks used in an average household. They are a variety of breads popular for breakfast and other meals. A lot of different types of biscuits are manufactured. The type of biscuits included in the report are sweet biscuits, savory, crackers, filled/coated, wafers and others.