Chocolate Biscuit Market Synopsis
Chocolate Biscuit Market Size Was Valued at USD 16.11 Billion in 2023 and is Projected to Reach USD 28.30 Billion by 2032, Growing at a CAGR of 6.46% From 2024-2032.
A chocolate biscuit is a biscuit that is covered with chocolate or that has been made by replacing it with cocoa powder. It has a delicious flavour which may be kept at room temperature or refrigerated in the summer season.
- The crushed chocolate Biscuits are used in the cake base that creates a flavor as the base for cheesecakes, tarts, etc. They are also used for the topping of the ice cream that makes a delightful sundae. They are good for making Milkshakes for the rich and delicious taste, they can be also used for making trifle layers which will be a great dessert. They are used to make Pie crust which is a traditional dish in many countries.
- They can be used as an application for making Chocolate bark, and for cake decorations they can be used as decorative elements for cakes and cupcakes and in making stuffed cookies for a surprising and delicious filling and for garnishing the plated desserts.
- As consumers lead increasingly busy lifestyles, they seek convenient and portable snack options that provide very quick energy and enjoyable moments throughout the day, The increasing trend towards on-the-go consumption and snacking culture has contributed to the sustained demand for chocolate biscuits.
Chocolate Biscuit Market Trend Analysis
Consumer Preferences and Taste Trends
- There is a growing trend towards the eating habits of people, even in snacks like chocolate biscuits. They are willing to pay more for high-quality biscuits which are made up of premium ingredients such as whole grains etc.
- The chocolate biscuit market is shifting to maintaining a balance between indulgence and health-conscious choices, while consumers still crave the rich, indulgent flavor of chocolate there's a growing demand for healthier options which include biscuits with lower fat content, reduced sugar content, and also the use of natural ingredients.
- They are drawn to products with indulgent flavors such as dark chocolate, and gourmet fillings like hazelnuts with unique textures where people with their busy lifestyles, consumers also seek convenient snack options that can be enjoyed on the single go.
- The Chocolate biscuit which is a popular choice for snacking at school, college, workplace traveling, etc. Hence, Consumer preferences and taste trends are increasing the chocolate biscuit market.
Opportunities
Health And Wellness Trends
- Despite being forbearing treats, there is an increasing demand for chocolate biscuits which aligns with health and wellness trends. Consumers are seeking Chocolate biscuits with reduced sugar low Sugar levels and Low-calorie levels and healthier ingredients.
- With growing concerns about obesity and lifestyle-related diseases, there is an increasing demand for chocolate biscuits with reduced sugar and fat content. Hence, the Manufacturers are exploring alternative sweeteners and fat replacers to create healthier options without compromising in taste or texture.
- There is also an increasing demand for gluten-free and vegan options that cater to dietary preferences and choices, so the development of those types of products is increasing nowadays and the brands are also manufacturing according to the consumer choices regarding health.
- Consumers are also looking forward to Digestive Health and Gut-friendly Ingredients like Probiotics, Prebiotics, and ingredients that are known for their digestive health benefits like fiber-rich grains, Sugar-free biscuits, and also which are organic, and chemical-free. Hence Health and wellness can be used as an opportunity to further increase the market.
Chocolate Biscuit Market Segment Analysis:
Chocolate Biscuit Market Segmented based on type, Flavour, Distribution Channel, Packaging and end-users.
By Type, Chocolate Cookies Segment is Expected to Dominate the Market During The Forecast Period
- Chocolate cookies have a universal appeal that can be enjoyed for their rich, sweet flavor and satisfying texture they also contain some chemical compounds like Phenylethylamine which is useful for mood enhancement. It also contains antioxidants which may contribute to the anti-aging process, it contains Iron, fibers, and carbohydrates which are necessary for the body's growth. It is also linked to the release of endorphins, which can contribute to a sense of happiness.
- The main key factor driving the dominance of the chocolate cookies segment is the widespread popularity of cookies are nowadays are a great choice as a snack, Chocolate Cookies are a beloved treat enjoyed by people belonging to all age groups and demographics, making them as a staple food item in schools, workplaces, households and also social gatherings. The chocolate cookie's portion sizes and portability factors make them ideal for busy lifestyles, allowing consumers to enjoy a satisfying sweet treat wherever they go. Hence as it has all these properties consumers are showing more interest in chocolate cookies.
By Application, The Dark Chocolate Segment Held the Largest Share In 2023
- Dark Chocolate has several healthy benefits, including alleviation of cardiovascular disease, protection from heart disease, alleviation of hypertension from high blood pressure, stroke prevention, regulation of blood sugar, and reduce the risk of diabetes, and antioxidant protection, reducing the risk of colon cancer, increased immune function, slow aging, Alzheimer’s protection, Reducing the risk of cancer and many others.
- Dark chocolate can be used to sandwich creamy fillings between two layers of the biscuit, which is similar to the sandwich cream biscuits. This creates a delicious and indulgent snack that appeals to chocolate lovers which will also encourage consumers to experience the creamy texture and intense flavor of dark chocolate within every bite.
- India’s dark chocolate market has grown more than double in size from $41 million to $86 million over the past five years, which is growing 16 percent annually. The addition of dark chocolate chips to the biscuits provides a delicious, rich chocolate flavor throughout the biscuit, which helps Increase its taste and texture. Dark chocolate chips can be incorporated into various types of biscuits, such as chocolate chip cookies or oatmeal biscuits, to develop their flavor profile.
Chocolate Biscuit Market Regional Insights:
Western Europe Is Expected to Dominate the Market Over the Forecast Period
- In the United Kingdom, Chocolate Biscuits are mostly popular, here the biscuit is made with an external coating of at least 3% of dry cocoa solids. It is the fastest-growing region due to the emerging accessibility of chocolate biscuits through various retail channels, including supermarkets, Hypermarkets, convenience stores, and other online platforms, contributing to market growth. Wide distribution networks are helping to reach a broader consumer base in the market.
- The dominance in its rich cultural heritage and long-term tradition of chocolate consumption, throughout countries like Belgium, France, and Switzerland, for chocolate is not just a treat but a revered culinary art form, which is deeply rooted in their culture, Chocolate Biscuits are also used as a staple food in European households, which is often enjoyed with tea or coffee during breaks or as a quick indulgence. It boasts a plethora of well-established chocolate biscuit brands with strong reputations which are best known for their quality and taste. Hence By considering all these factors, western Europe is expected to dominate the market over the estimated period.
- The price of chocolate cookies Increased to approximately 6.13 British pounds per kilogram in 2023. This represented an Incline compared to the previous year.
Chocolate Biscuit Market Top Key Players:
- Mondelez International (USA)
- Pladis Global (UK)
- Nestle (Switzerland)
- Britannia Industries Limited (India)
- Bahlsen (Germany)
- Arnott's Biscuits Holdings (Australia)
- Bahlsen (Germany)
- Yildiz Holding (Turkey)
- Meiji Holdings Co., Ltd. (Japan)
- Barilla Group (Italy)
- Walkers Shortbread (UK)
- Danone (France)
- Parle Products Pvt. Ltd. (India)
- The Hershey Company (USA)
- General Mills (USA)
- General Mills (USA)
- Burton's Biscuit Company (UK)
- Voortman Cookies (Canada)
- Grupo Bimbo (Mexico)
- Manner Ag (Austria)
- Glico (Japan)
- Jacobs Douwe Egberts (Netherlands)
- Ferrero (Italy)
- Kraft Heinz (USA)
- Famous Amos (USA) and Other Active Players
Key Industry Developments in The Chocolate Biscuit Market:
In April 2024, Mondelez International, Inc. joined the companies leading the journey to net zero, it announced that the Science Base Targets initiative (SBTi) has validated its near-term up to 2030 greenhouse gas reduction target and net zero targets by 2050 as it further strengthens the commitment of sustainable packaging.
In October 2023, Pladis the leading global company announced that it has signed a one-year sponsorship deal with wheelchair Basketball for London Titans, which is one of the largest and most successful clubs in the UK.
Global Chocolate Biscuit Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 16.11 Bn. |
Forecast Period 2024-32 CAGR: |
6.46 % |
Market Size in 2032: |
USD 28.30 Bn. |
Segments Covered: |
By Type |
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By Flavour |
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By Distribution Channel |
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By Packaging |
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By end-user |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
Mondelez International (USA), Pladis Global (UK), Nestle (Switzerland), Britannia Industries Limited (India), Bahlsen (Germany), Arnott's Biscuits Holdings (Australia) and Other Major Players. |
- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- CHOCOLATE BISCUIT MARKET BY TYPE (2017-2030)
- CHOCOLATE BISCUIT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CHOCOLATE COOKIES
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2030F)
- Historic And Forecasted Market Size in Volume (2017-2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- CHOCOLATE WAFERS
- CHOCOLATE SANDWICH BISCUITS
- CHOCOLATE BISCUIT MARKET BY FLAVOUR (2017-2030)
- CHOCOLATE BISCUIT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- MILK
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2030F)
- Historic And Forecasted Market Size in Volume (2017-2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- DARK CHOCOLATE
- WHITE CHOCOLATE
- MIXED
- CHOCOLATE BISCUIT MARKET BY DISTRIBUTION CHANNEL (2017-2030)
- CHOCOLATE BISCUIT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- SUPER MARKETS AND HYPERMARKETS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2030F)
- Historic And Forecasted Market Size in Volume (2017-2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- INDEPENDENT RETAIL STORES
- ONLINE
- CHOCOLATE BISCUIT MARKET BY PACKAGING (2017-2030)
- CHOCOLATE BISCUIT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- PAPER PACKAGING
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2030F)
- Historic And Forecasted Market Size in Volume (2017-2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- PLASTIC PACKAGING
- BOX PACKAGING
- CHOCOLATE BISCUIT MARKET BY END-USER (2017-2030)
- CHOCOLATE BISCUIT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- BAKERY
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2030F)
- Historic And Forecasted Market Size in Volume (2017-2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- DAIRY
- FOOD SERVICE
- HOUSEHOLD/RETAIL
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Benchmarking
- CHOCOLATE BISCUIT Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- COMPETITIVE LANDSCAPE
- MONDELEZ INTERNATIONAL (USA)
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- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves and Recent Developments
- SWOT Analysis
- PLADIS GLOBAL (UK)
- NESTLE (SWITZERLAND)
- BRITANNIA INDUSTRIES LIMITED (INDIA)
- BAHLSEN (GERMANY)
- ARNOTT'S BISCUITS HOLDINGS (AUSTRALIA)
- BAHLSEN (GERMANY)
- YILDIZ HOLDING (TURKEY)
- MEIJI HOLDINGS CO., LTD. (JAPAN)
- BARILLA GROUP (ITALY)
- WALKERS SHORTBREAD (UK)
- DANONE (FRANCE)
- PARLE PRODUCTS PVT. LTD. (INDIA)
- THE HERSHEY COMPANY (USA)
- GENERAL MILLS (USA)
- GENERAL MILLS (USA)
- BURTON'S BISCUIT COMPANY (UK)
- VOORTMAN COOKIES (CANADA)
- GRUPO BIMBO (MEXICO)
- MANNER AG (AUSTRIA)
- GLICO (JAPAN)
- JACOBS DOUWE EGBERTS (NETHERLANDS)
- FERRERO (ITALY)
- KRAFT HEINZ (USA)
- FAMOUS AMOS (USA)
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- GLOBAL CHOCOLATE BISCUIT MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Type
- Historic And Forecasted Market Size By Flavour
- Historic And Forecasted Market Size By Distribution Channel
- Historic And Forecasted Market Size By Packaging
- Historic And Forecasted Market Size By end-user
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Chocolate Biscuit Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 16.11 Bn. |
Forecast Period 2024-32 CAGR: |
6.46 % |
Market Size in 2032: |
USD 28.30 Bn. |
Segments Covered: |
By Type |
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By Flavour |
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By Distribution Channel |
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By Packaging |
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By end-user |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
|
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Key Opportunities: |
|
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Companies Covered in the report: |
Mondelez International (USA), Pladis Global (UK), Nestle (Switzerland), Britannia Industries Limited (India), Bahlsen (Germany), Arnott's Biscuits Holdings (Australia) and Other Major Players. |
Frequently Asked Questions :
The forecast period in the Chocolate Biscuit Market research report is 2024-2032.
Mondelez International (USA), Pladis Global (UK), Nestle (Switzerland), Britannia Industries Limited (India), Bahlsen (Germany), Arnott's Biscuits Holdings (Australia) and Other Major Players.
The Chocolate Biscuit Market is segmented into Type, Flavour, Distribution Channel, Packaging, end-user and region. By Type, the market is categorized into Chocolate Cookies, Chocolate Wafers, and Chocolate Sandwich Biscuits. By Flavour, the market is categorized into Milk, Dark chocolate, White Chocolate, and Mixed. By Distribution Channel, the market is categorized into Super Markets and Hypermarkets, Independent Retail stores, and online. By Packaging, the market is categorized into Paper Packaging, Plastic Packaging, and Box Packaging. By end-user, the market is categorized into Bakery, Dairy, Food Service, and Household/Retail. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; and the Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A chocolate biscuit is a biscuit that is covered in chocolate, or which has been made by replacing cocoa powder with some of the flour.
Chocolate Biscuit Market Size Was Valued at USD 16.11 Billion in 2023 and is Projected to Reach USD 28.30 Billion by 2032, Growing at a CAGR of 6.46% From 2024-2032.