According to Cognitive Market Research, The Global Biscuits market size is USD 118.2 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
The dynamics of the global biscuit market share appear to be driven by product innovation, including novel tastes, flavors, forms, and appealing packaging.
Demand for wheat biscuits remains higher in the biscuits market.
The sweet biscuits sector held the highest biscuits market revenue share in 2023.
Europe will continue to lead, whereas the Asia Pacific biscuits market will experience the fastest growth until 2030.