The global   food enzymes market   was valued at USD 1.69 billion in 2019 and is projected to reach approximately USD 3.24 billion by 2032, registering a CAGR of 5.34% over the forecast period. In the U.S., the market is forecasted to expand significantly, reaching nearly USD 839.88 million by 2032. This growth is largely fueled by the rising consumption of processed foods and the steady development of innovative enzyme-based solutions. North America led the market in 2019, capturing 36.6% of the total share.

The use of enzymes across the food and beverage industry is increasing rapidly due to their multifunctional role in enhancing product quality. Factors such as consumer preference for clean-label offerings, a shift toward natural ingredients, and advancements in biotechnology are key contributors to market expansion worldwide.

According to the International Monetary Fund (IMF), the global economy contracted by -3.0% in 2020, compared to 2.9% growth in 2019, primarily due to the COVID-19 pandemic. During this period, leading food corporations including Nestlé, Unilever, Olam, and PepsiCo worked alongside NGOs, farming communities, and research institutions to strengthen food system resilience. However, restrictive trade measures across Southeast Asia disrupted supply chains, leading to an estimated 8–10% impact on the food ingredients and additives industry. While short-term demand for food enzymes declined, the market is expected to recover steadily during the forecast horizon.

Information Source:   https://www.fortunebusinessinsights.com/food-enzymes-market-102835  

Market Insights

This report provides a comprehensive evaluation of the market, outlining the drivers, restraints, challenges, and opportunities shaping its trajectory. It further delivers regional analysis supported by both qualitative and quantitative insights across major countries. The competitive scenario is also detailed, with a focus on strategies such as acquisitions, mergers, alliances, and joint ventures adopted by top players.

Market Drivers and Restraints

Growing Preference for Clean-Label Products

The European Food Safety Authority (EFSA) highlights potential health risks associated with prolonged exposure to synthetic chemicals in food. Rising consumer awareness of these risks is accelerating demand for naturally processed, clean-label alternatives—creating significant opportunities for food enzymes. For instance, in October 2019, U.S.-based Tiny Organics launched organic, plant-based toddler meals featuring dishes like coconut curry, pumpkin spice oatmeal, and baby burrito bowls.

Regional Overview

North America: Market Leader Supported by High Processed Food Demand

North America is expected to retain its leading position in the market, supported by strong consumer appetite for natural ingredients and premium-quality processed foods. Increasing investments in advanced enzyme technologies by food manufacturers will further drive growth in this region. Meanwhile, Asia-Pacific is anticipated to see steady growth, particularly due to higher demand for bakery and dairy products.

Competitive Landscape

Partnerships Driving Market Growth

In November 2019, DSM and Cargill launched a joint venture—Avansya—investing around USD 50 million in a large-scale fermentation-based stevia sweetener facility in Nebraska. This partnership underlines the broader industry trend of collaboration, innovation, and product diversification to align with evolving consumer preferences.

Key Players in the Food Enzymes Market

• Novozymes (Denmark)
• DuPont (U.S.)
• Hoffmann-La Roche Ltd. (Switzerland)
• AB Enzymes (Germany)
• Koninklijke DSM N.V. (Netherlands)
• Chr. Hansen Holding A/S (Denmark)
• BASF SE (Germany)
• Nutritech Enzymes (Finland)
• Amano Enzymes, Inc. (China)
• Biocatalysts (UK)

Recent Developments

• March 2019:   AB Enzymes introduced ROHALASE, a new enzyme designed to minimize chemical dependency during oil extraction from seeds such as sunflower, soy, and canola, while simultaneously boosting efficiency and yield.

In 2019, the global   probiotics market   was valued at USD 48.88 billion and is projected to reach USD 94.48 billion by 2027, registering a CAGR of 7.9% over the forecast period. North America accounted for 16.98% of the global share in 2019. Within the U.S., the sector is expected to expand significantly, with estimates suggesting it could generate around USD 17.99 billion by 2032. This growth will be fueled by increasing demand for probiotic-enriched and immunity-supporting foods, reflecting their well-established health benefits.

Growing awareness of preventive healthcare, along with consumer preference for safe, natural, and health-enhancing products, is expected to drive market growth. Efforts from professional bodies and associations are also supporting adoption. For example, the Nutrition Society of Malaysia (NSM) initiated the Probiotics Education Program (PEP) to educate consumers about the role of probiotics in promoting better health.

Information Source:  https://www.fortunebusinessinsights.com/industry-reports/probiotics-market-100083  

Rising Demand for Immunity-Boosting Products During COVID-19

Although the COVID-19 pandemic disrupted supply chains and the global economy in the short term, it also accelerated demand for immune-supportive and functional products. Probiotics, known for their digestive and immunity-enhancing properties, saw a surge in interest during this period, a trend that is expected to persist. For instance, in April 2020, Probi—a leading global probiotics company—reported a sharp increase in demand as consumers sought products that could strengthen immunity.

Report Scope

This report provides an in-depth assessment of the probiotics market, covering growth drivers, challenges, opportunities, and restraints. It also analyzes regional dynamics, industry trends, and strategies adopted by major players. Key activities such as product launches, mergers, acquisitions, and partnerships between 2020 and 2027 are also highlighted.

Key Growth Drivers

According to the World Health Organization (WHO), global obesity rates have nearly tripled since 1975, with related chronic diseases such as diabetes becoming more common. This shift is pushing consumers toward healthier diets and functional foods, including probiotics for digestive health and immunity. Moreover, technological advancements are enabling companies to raise awareness and educate consumers, further accelerating the adoption of probiotic products.

Market Segmentation Highlights

In 2019, supermarkets and hypermarkets dominated the sales channel, contributing 61.33% of total probiotic sales. Their wide product range, frequent promotions, and easy accessibility make them the most popular distribution platform.

Regional Insights

Asia-Pacific remains the dominant region in the probiotics industry, supported by a strong tradition of consuming fermented foods and beverages that naturally benefit gut health. North America, valued at USD 8.30 billion in 2019, is expected to see strong growth between 2020 and 2027 due to the rising prevalence of chronic illnesses and increased investment in innovative probiotic solutions.

Competitive Landscape

Leading players are focusing on product development, research and innovation, and strategic partnerships to enhance global presence and strengthen their distribution networks. Collaborations, acquisitions, and new product launches remain key growth strategies.

Prominent Companies in the Market:

• Danone S.A. (France)
• Lallemand Inc. (Canada)
• Yakult Honsha Co., Ltd. (Japan)
• Nestlé S.A. (Switzerland)
• DuPont (Danisco A/S) (USA)
• Chr. Hansen (Denmark)
• Kerry Inc. (Ireland)
• Post Holdings, Inc. (USA)
• PepsiCo, Inc. (USA)
• Evolve Biosystems, Inc. (USA)

Recent Development

• June 2020: Pendulum Therapeutics launched   Pendulum Glucose Control , a clinically tested medical probiotic formulated to lower post-meal blood sugar and A1C levels. This marked a significant innovation in probiotics for managing metabolic health.

In 2018, the global   phosphatic fertilizers market   was valued at USD 62.24 billion. It is projected to grow at a compound annual growth rate (CAGR) of 3.80% and reach USD 83.28 billion by 2026. North America held a 12.11% market share in 2018, making it the leading region. By 2032, the U.S. alone is expected to generate approximately USD 8.47 billion, driven by the rising need for phosphorus-enriched nutrients, higher food production, and the adoption of modern agricultural technologies to boost crop yields.

Phosphorus plays a critical role in plant growth, aiding in root development, improving drought tolerance, and supporting seed and fruit production. To manage phosphorus-deficient soils, fertilizers such as diammonium phosphate (DAP) and monoammonium phosphate (MAP) are extensively used due to their high ammonia content. The growing use of green ammonia as a sustainable raw material is expected to further stimulate the market. For example, in August 2018, OCP Group announced new investments in green ammonia production, reinforcing its commitment to eco-friendly fertilizer solutions. As one of the largest global exporters of phosphate fertilizers, OCP relies heavily on ammonia for DAP and MAP manufacturing and is shifting toward cleaner alternatives.

Information Source:   https://www.fortunebusinessinsights.com/phosphatic-fertilizers-market-102583  

Key Market Drivers

The market outlook remains favorable due to increasing demand for sustainable fertilizers, the expansion of agricultural industries, and continuous product innovation. Eco-friendly options, such as bio-based and slow-release fertilizers, are helping to minimize environmental damage while improving nutrient absorption. Growing agricultural investments in Asia-Pacific and Latin America, especially in high-value crops, are also boosting fertilizer usage. In addition, the introduction of innovative technologies like nano-fertilizers and controlled-release products is enhancing efficiency and driving growth.

Innovation as a Growth Factor

Technological advancements are playing a vital role in shaping the market. For instance, in September 2016, ICL introduced its “E-Max Release Technology,” a controlled-release system that delivers nutrients such as phosphate and nitrogen more effectively. Such innovations are strengthening competitive positions and advancing industry development.

Market Challenges

Despite positive growth trends, the sector faces key obstacles. Rising costs of phosphate rock, particularly in countries like Morocco, China, and the U.S., pose a significant challenge. Environmental concerns related to fertilizer overuse—such as runoff and water pollution—have prompted stricter regulations, particularly in Europe. Additionally, fluctuating supply chains, volatile pricing, and regulatory pressures are likely to affect market stability and investor confidence.

Regional Insights: North America Leads, Asia-Pacific Gains Momentum

The market is segmented across North America, Asia-Pacific, Latin America, and the Middle East & Africa. North America generated USD 7.54 billion in 2018 and has maintained a steady growth trajectory. Meanwhile, Asia-Pacific is expected to experience the fastest growth, fueled by large-scale farming practices and the widespread adoption of advanced agricultural techniques.

Key Market Participants

Major companies operating in the phosphatic fertilizers market include:

• Yara International ASA
• Israel Chemical Ltd.
• The Mosaic Company
• CF Industries Holdings, Inc.
• Coromandel International Limited
• The OCP Group
• PhosAgro PJSC
• Sociedad Química y Minera de Chile S.A.
• Nutrien Ltd.
• Koch Industries, Inc.

Recent Updates

• February 2019: ICL launched two phosphatic fertilizers,   Renovator   and   Turf Starter , developed with Pearl Technology to enhance nutrient delivery and overall performance.

The global   organic foods market   was valued at USD 177.08 billion in 2023 and is projected to rise from USD 199.35 billion in 2024 to USD 529.64 billion by 2032, reflecting a strong compound annual growth rate (CAGR) of 12.99% during the forecast period. Europe dominated the market in 2023 with a 44.17% revenue share. In the U.S., the market is anticipated to expand significantly, reaching USD 185.47 billion by 2032, supported by increasing health awareness and broader availability of organic products.

Organic foods encompass a wide variety of products, including fruits, vegetables, cereals, grains, dairy, meat, and packaged goods, all produced under certified organic farming practices. Rising consumer interest in health and nutrition, favorable government policies, and continuous innovation in packaged organic products are major growth enablers. Additional drivers include higher disposable incomes, rapid urbanization, and evolving lifestyles. The COVID-19 pandemic further accelerated the shift toward healthier diets, boosting demand for organic alternatives.

Information Source:   https://www.fortunebusinessinsights.com/industry-reports/organic-foods-market-101470  

Market Segmentation

The organic food and beverage market is segmented into fruits & vegetables, dairy, meat, fish & poultry, frozen and processed foods, cereals & grains, beverages, and others. Fruits and vegetables are expected to lead, as they are rich in vitamins, antioxidants, fiber, and other essential nutrients. By product type, unprocessed organic foods are likely to dominate, reflecting consumer preference for fresh and minimally processed products that align with health-conscious living. In terms of distribution, supermarkets and hypermarkets remain the largest channel, owing to convenience and extensive variety, while specialty outlets, convenience stores, and online platforms continue to grow in importance for accessibility.

Report Scope

This report delivers a detailed assessment of the global organic foods market, including segment performance, regional developments, emerging opportunities, and key industry challenges. It also evaluates how the COVID-19 pandemic has influenced long-term growth trends.

Market Drivers and Challenges

Sustainable Farming Practices Driving Expansion

Rising adoption of eco-friendly agricultural techniques and increasing awareness of the harmful effects of synthetic fertilizers and pesticides are accelerating demand for organic foods. As sustainable farming expands, organic products are becoming more accessible and cost-competitive. Product innovations by leading players further support market growth. However, premium pricing and shorter shelf life remain key barriers to broader consumer adoption.

Regional Insights

Europe Maintains Market Leadership

Europe is set to retain its leading position, backed by strong environmental values and a preference for ethical, health-focused food choices. For instance, AgenceBio reported that fresh produce accounted for 17% of organic consumption in France in 2020, while packaged groceries led with 31%.

North America Demonstrates Strong Growth

North America, led by the U.S., Canada, and Mexico, is witnessing steady growth due to rising health awareness and a broader range of organic offerings. According to the Organic Trade Association (OTA), U.S. organic baby food sales rose 11% in 2021, while organic beverages grew 8%.

Competitive Landscape

Innovation and Branding Strengthening Market Share

Industry leaders are expanding product portfolios and enhancing brand presence through innovation and targeted marketing strategies. Startups are also gaining ground by launching niche and value-added products. For example, in May 2022, Amul (India) introduced a new range of organic items, including wheat flour, basmati rice, and pulses (moong dal, tur dal, and chana dal).

Key Companies in the Organic Foods Market

• General Mills Inc. (U.S.)
• Danone S.A. (France)
• Dole plc (Ireland)
• Organic Valley (U.S.)
• Organic India Pvt. Ltd. (India)
• Amy’s Kitchen, Inc. (U.S.)
• Arla Foods Amba (Denmark)
• Eden Foods Inc. (U.S.)
• Hain Celestial Group, Inc. (U.S.)
• SunOpta Inc. (U.S.)

Recent Industry Development

May 2022   – Barry Callebaut, a leading chocolate and cocoa manufacturer based in Belgium and Switzerland, launched a new line of dairy-free organic chocolates for the North American market, further expanding its plant-based product portfolio.

The global   vitamins and minerals premix market   was estimated at USD 2,752.61 million in 2024 and is anticipated to grow to USD 2,940.98 million in 2025. By 2032, it is forecasted to reach USD 4,961.14 million, reflecting a CAGR of 7.76% over the analysis period. In 2024, Asia Pacific accounted for the largest share at 37.09%, maintaining its position as the leading regional market.

Vitamins and minerals premixes are customized blends of essential micronutrients—including vitamins, minerals, and trace elements—widely incorporated in both food and animal feed. Market expansion is being fueled by rising health and wellness awareness, increasing adoption of protein-rich diets, higher disposable incomes, and continuous advancements in food and nutritional technology. Prominent companies in this market include Koninklijke DSM N.V., Corbion N.V., Vitablend Nederland BV, Hexagon Nutrition Ltd., and Barentz International BV.

Information Source:   https://www.fortunebusinessinsights.com/vitamin-and-mineral-premixes-market-112592  

Market Trends

Rising Demand for Functional Foods Accelerates Premix Usage

With consumers giving greater importance to nutrition, the application of premixes in functional foods is witnessing rapid growth. This trend is further reinforced by the rising popularity of specialized categories such as sports nutrition and wellness-oriented products.

Market Dynamics

The animal nutrition sector is a key growth driver, as livestock producers are increasingly adopting functional feed ingredients to enhance animal health and performance.

However, the industry also faces challenges due to stringent regulations on product quality, safety, and adherence to Good Manufacturing Practices (GMP). These compliance requirements can delay product launches and restrict market momentum. On the other hand, the surging popularity of plant-based and vegan diets is creating opportunities for the development of plant-derived premix formulations tailored for this expanding consumer segment.

Segmentation Insights

The vitamins segment dominates the market, supported by rising consumption of fortified foods and dietary supplements, while dry premixes hold the largest share due to benefits such as longer shelf life, ease of storage, and convenient handling. By application, the food and beverage sector leads, driven by increasing health consciousness and growing consumer demand for nutrient-rich products.

Regional Insights

The market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific remained the top regional market in 2024, supported by a rising health-aware population and strong manufacturing capabilities.

Competitive Landscape

Strategies:   Key players are expanding production capacity, forming collaborations, and entering new markets to strengthen their global footprint.

Major Companies:

• Koninklijke DSM N.V. (Netherlands)
• Corbion N.V. (Netherlands)
• Vitablend Nederland BV (Netherlands)
• Hexagon Nutrition Ltd. (India)
• Barentz International BV (Netherlands)
• SternVitamin GmbH & Co. KG (Germany)
• Nutreco N.V. (Netherlands)
• Farbest-Tallman Foods Corporation (U.S.)
• Zagro Singapore Pte Ltd (Singapore)
• Wright Enrichment Inc. (U.S.)

Recent Development:

In December 2024, MIAVIT (Germany) launched a new production facility in Kemalpaşa, İzmir, Türkiye, with the objective of strengthening its presence in the animal nutrition sector of the premix industry.

The global   hydrocolloids market   was valued at USD 9.07 billion in 2019 and is projected to rise from USD 17.55 billion in 2020 to about USD 13.30 billion by 2032, registering a compound annual growth rate (CAGR) of 5.36% over the forecast period. In 2019, the Asia Pacific region dominated the market with a 37.93% share, making it the leading region. The U.S. market is also expected to grow significantly, reaching nearly USD 2.50 billion by 2032, supported by increasing applications in food processing.

This growth trend reflects a recovery phase and stable momentum after the temporary setbacks caused by the COVID-19 pandemic, which had disrupted consumption and supply chains globally.

Hydrocolloids are water-soluble polysaccharides that form gels when hydrated. Sourced from seaweed, plants, microbes, and animals, they are widely used in food & beverages, pharmaceuticals, and cosmetics for their thickening, stabilizing, and gelling properties. Rising demand for processed and ready-to-eat foods continues to be a key driver for market expansion.

Information Source:  https://www.fortunebusinessinsights.com/industry-reports/hydrocolloids-market-100552  

Report Highlights

The report delivers an in-depth qualitative and quantitative assessment of the hydrocolloids industry, covering growth drivers, challenges, and market dynamics. It also provides regional insights, along with an evaluation of competitive strategies such as product innovation, acquisitions, and partnerships. Analytical tools, including Porter’s Five Forces, have been applied for the 2020–2027 period.

Key Market Drivers

Rising Demand for Natural and Clean-Label Foods

Consumer preference is shifting toward natural and clean-label ingredients, boosting the adoption of hydrocolloids. Growing health consciousness, particularly around reducing fat intake, is encouraging the use of hydrocolloids in food formulations to deliver healthier, functional alternatives.

Market Segmentation

Food & Beverages to Remain the Leading Segment

The food and beverage sector is expected to remain the primary consumer of hydrocolloids. Their functional benefits—such as texture modification, stabilization, and nutritional support—are increasingly valued in the formulation of natural and health-focused foods.

Regional Insights

Asia Pacific to Lead with Rapid Industrial Growth

Asia Pacific is projected to maintain its dominant position throughout the forecast period, driven by robust manufacturing activity in countries including China, India, Indonesia, and Thailand. The regional market size was valued at USD 3.44 billion in 2019.

North America to Show Steady Expansion

North America is anticipated to record consistent growth, supported by strong demand for fortified, convenient, and easy-to-prepare foods, which is expected to fuel hydrocolloid consumption from 2020 to 2027.

Competitive Landscape

Innovation and Capacity Expansion at the Core of Strategies

The hydrocolloids industry is moderately consolidated, with major players focusing on scaling up production capacity and developing innovative product offerings. Mergers, acquisitions, strategic alliances, and product diversification remain the primary strategies for strengthening market positions.

Key Companies Operating in the Market:

• Kerry Group plc (Ireland)
• Koninklijke DSM N.V. (Netherlands)
• Cargill, Incorporated (USA)
• Archer-Daniels-Midland Company (USA)
• DuPont de Nemours, Inc. (USA)
• Ashland Global Holdings Inc. (USA)
• M. Huber Corporation (USA)
• W Hydrocolloids, Inc. (Philippines)
• Ingredion, Incorporated (USA)
• Tate & Lyle plc (UK)

Recent Industry Development

In November 2018, CP Kelco, a subsidiary of J.M. Huber Corporation, announced a 15% increase in pectin production at its Denmark facility. This expansion was aimed at meeting the rising global demand for clean-label, functional ingredients while strengthening the company’s competitive presence.

The global   water-soluble fertilizer (WSF) market   was valued at USD 15.08 billion in 2019 and is anticipated to reach USD 36.26 billion by 2032, growing at a CAGR of 7.12% during the forecast period. In the United States, the market is projected to expand significantly, with revenues expected to approach USD 6.49 billion by 2032. This growth is largely driven by the rising need for high-quality crop production, which has increased the adoption of specialty fertilizers. Europe held the dominant position in 2019, capturing 35.54% of the global market share.

Water-soluble fertilizers are increasingly being adopted as an efficient solution for addressing nutrient deficiencies in crops. Although initially concentrated in developed economies, ongoing research and development, along with efforts from key fertilizer manufacturers, have facilitated their growing presence in emerging markets.

The market’s expansion is supported by the rising demand for fertilizers that enhance nutrient uptake and ensure controlled nutrient release. Furthermore, the growing adoption of modern farming practices and increasing demand for fruits, vegetables, and other high-value, nutrient-rich crops are expected to accelerate revenue growth in the coming years.

Information Source:   https://www.fortunebusinessinsights.com/water-soluble-fertilizers-wsf-market-102146  

Impact of COVID-19 on the WSF Market

The COVID-19 pandemic disrupted global supply chains and agricultural activities, temporarily slowing the growth of the WSF industry. Lockdowns and trade restrictions forced several companies to halt operations, while in developing markets, many farmers reduced spending on premium fertilizers due to weaker demand for high-value crops.

Despite short-term challenges, the long-term outlook remains positive. Rising concerns about food security and a shift in consumer preferences toward healthier, immunity-boosting diets are expected to boost demand for nutrient-dense crops such as fruits, nuts, and vegetables, thereby creating new opportunities for specialty fertilizers.

Strategic Collaborations Driving Growth

Partnerships and strategic alliances among industry leaders are playing a crucial role in shaping the market landscape. Companies are focusing on expanding their global reach and product portfolios. For instance, in December 2019, Van Iperen expanded into the U.S. through its subsidiary and strengthened its portfolio of specialty and water-soluble fertilizers via partnerships such as its collaboration with Milliken. These initiatives have reinforced both regional and international market footprints.

Regional Insights

The WSF market is segmented into five major regions: North America, South America, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific is expected to post the fastest CAGR, supported by challenges such as shrinking farmland and limited water resources. The presence of local manufacturers and growing cross-border fertilizer trade further contribute to the region’s rapid expansion. North America is forecast to grow steadily, backed by strong R&D investments from leading companies. Europe, which was valued at USD 5.36 billion in 2019, is projected to continue on a stable growth path.

Key Market Players

• SQM (Santiago, Chile)
• Nutrien Ltd. (Saskatoon, Canada)
• ICL (Tel Aviv, Israel)
• Yara International (Oslo, Norway)
• Haifa Chemicals Limited (Haifa, Israel)
• The Mosaic Company (Florida, United States)
• EuroChem (Zug, Switzerland)
• Coromandel International Limited (Secunderabad, India)
• Qatar Fertilizer Company (Qatar)
• COMPO EXPERT (Munster, Germany)

Industry Developments

In January 2020, Gujarat Agro Industries Corporation (GAIC) announced plans to import WSF products from China for distribution in Ahmedabad. These products will be marketed under its “AGRO” brand, representing the company’s new-generation line of fertilizers.

The global   biscuits market   was valued at USD 108.75 billion in 2024 and is forecasted to increase to USD 113.76 billion in 2025, eventually reaching USD 167.69 billion by 2032. This represents a compound annual growth rate (CAGR) of 5.70% during the forecast period. Asia Pacific led the global market in 2024, holding a share of 32.74%. In the U.S., the biscuits sector is also expected to expand notably, with its value projected to reach nearly USD 17.02 billion by 2032. Growth in this region is supported by the availability of numerous brands offering a wide variety of flavors, shapes, and formats.

Biscuits are flour-based baked goods, usually dry and crisp in texture. Their core ingredients include flour, sugar, eggs, butter or vegetable oils, and leavening agents such as baking soda or baking powder, often complemented by flavorings. Many recipes also incorporate chocolate, spices, dried fruits, nuts, seeds, cheese, or coffee. Typically molded into specific shapes before baking, biscuits are designed to deliver a crunchy, firm bite. They are available in multiple forms, including cream-filled, sandwich, shortbread, wafer, and digestive biscuits, and are widely consumed as snacks, desserts, or accompaniments to tea and coffee.

Information Source:   https://www.fortunebusinessinsights.com/biscuits-market-108482  

Market Segmentation

The market is divided into three primary categories: sweet biscuits, savory biscuits, and crackers. Among these, sweet biscuits hold the largest share owing to their rich carbohydrate, fat, and fiber content, as well as their broad global availability. In terms of flavors, the segment includes plain, chocolate, fruit & nut, cheese, and others. Plain biscuits held the dominant share in 2022 because of their simple formulations, fewer ingredients, and easy nutritional tracking. Regarding sales channels, supermarkets and hypermarkets continue to lead, driven by their extensive assortments, high consumer footfall, and convenience, making them the most popular shopping hubs for biscuits.

Regional Insights

Geographically, the market is segmented into Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Asia Pacific maintains its leadership, supported by increasing consumption among middle-income groups and the strong cultural tradition of pairing biscuits with tea. Rising health awareness is also boosting demand for healthier biscuit alternatives. In North America, market expansion is fueled by evolving consumer lifestyles, rising snacking trends among professionals, and higher levels of disposable income.

Key Drivers and Challenges

The growth of organized retail networks, along with the rapid expansion of online shopping platforms, has greatly improved global accessibility to biscuits. The growing appetite for both cost-effective options and premium products is also accelerating demand. On the other hand, fluctuations in raw material costs and competition from alternative snack categories pose challenges that could limit growth potential.

Competitive Landscape

Innovation and Partnerships Strengthen Market Presence

Leading players are focusing on new flavors, wider product portfolios, and strategic alliances to maintain a competitive edge. Continued investment in research and development is enabling enhanced formulations, while production capacity expansions are helping meet rising demand.

Key Companies Operating in the Market Include:

• Yıldız Holding (Turkey)
• Mondelēz International (U.S.)
• Kellogg Co. (U.S.)
• ITC Limited (India)
• Britannia Industries (India)
• Lotus Bakeries Corporate (Belgium)
• Campbell Soup Company (U.S.)
• Nestlé (Switzerland)
• The Kraft Heinz Company (U.S.)
• Ferrero (Italy)

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Recent Development

• January 2022:   Mondelēz International introduced Oreo Double Stuf in India, offering nearly twice the crème filling compared to the original variant. The launch was designed to attract a wider consumer base and strengthen Oreo’s presence in India’s premium biscuit market.