Europe Biscuits Market at CAGR of Tasty 5% to Surpass USD 88 Billion by 2030

Published | 02 November 2024

Europe Biscuits Market is thriving due to a rising demand for convenient snacks, growing health awareness driving a demand for healthier ingredients, product innovations, expanding e-commerce, and growing consumer preference for premium and organic options.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Europe Biscuits Market size by value at USD 63.03 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Europe Biscuits Market size to expand at a CAGR of 5% reaching a value of USD 88.17 billion by 2030. Europe Biscuits Market is driven by rising consumer demand for convenient, on-the-go snacks, increasing disposable income, and evolving tastes favoring premium and health-focused biscuits. Innovations in flavors, gluten-free and organic options, and packaging boost appeal, catering to health-conscious and indulgent consumers alike. Growing online retail channels also expand accessibility, while seasonal and festive biscuit assortments enhance market growth. Major brands’ efforts in sustainable sourcing and eco-friendly packaging further attract environmentally aware consumers in Europe.

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Opportunity – Increasing Online Sales

Growing e-commerce sector across the region is a significant driver for Europe Biscuits Market, as consumers increasingly prefer the convenience of online shopping. Enhanced accessibility to a variety of biscuit options through online platforms, coupled with targeted digital marketing and discounts, encourages higher purchase volumes. The COVID-19 pandemic further accelerated this shift, making online channels crucial for reaching consumers. As brands optimize their online presence, online sales are expected to contribute substantially to the growth of Europe Biscuit Market.

Impact of Escalating Geopolitical Tensions on Europe Biscuits Market

Escalating geopolitical tensions could impact Europe Biscuits Market by disrupting supply chains, increasing ingredient costs, and affecting cross-border trade efficiency. Heightened trade restrictions and sanctions can lead to shortages of essential raw materials, impacting production timelines and raising prices for manufacturers and consumers. Additionally, currency fluctuations and economic uncertainty reduce consumer spending power, especially for non-essential goods like biscuits, affecting sales volume. Companies may shift toward regional sourcing to mitigate risk, potentially leading to higher prices and altered product offerings.

Non-Premium Biscuits Segment Leads Europe Biscuits Market

The non-premium biscuits segment holds major share of Europe Biscuits Market, fueled by strong consumer demand for budget-friendly, convenient snack options. With broad appeal due to lower pricing, extensive availability, and a diverse range of flavors and formats, non-premium biscuits attract a large customer base. Although premium biscuits are gaining traction, offering unique flavors and higher-quality ingredients, non-premium options remain particularly dominant in cost-conscious markets. This segment also benefits from robust performance in retail channels and wide-ranging appeal, securing its position as the top category in the region’s biscuit industry.

Competitive Landscape

Europe Biscuits Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Mondelez International Inc., Nestle SA, Britannia Industries Ltd, United Biscuits (UK) Limited, Burton’s Biscuit Company, Walkers Shortbread Ltd, Parle Products Pvt Ltd, Lotus Bakeries NV, Kellogg Company, Danone, and PepsiCo. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Europe Biscuits Market.

Don’t miss the business opportunity Europe Biscuits Market. Consult our analysts to gain crucial insights and facilitate your business growth.  

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Europe Biscuits Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Europe Biscuits Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the Market.

Scope of the Report

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