Asia Pacific Wafer Biscuits Market By Product (Cream Filled And Coated) , By Application ( Sandwich Cookies, Ice Cream Decorations And Chocolate Bars) , By Distribution Channel ( Supermarkets, Convenience Stores, Food Speciality Stores, Online Retailers And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2024 to 2029)

Updated On: January, 2024

ID: 6151

Pages: 145

Asia Pacific Wafer Biscuits Market Size and Growth Analysis:

Asia Pacific Wafer Biscuits Market was worth USD XX billion in 2021 and estimated to be growing at a CAGR of 4.9%, to reach USD XX billion by 2027.

Asia Pacific Wafer Biscuits Market Overview:

Wafer biscuits are crisp and thin usually filled with cream. They are gaining immense popularity. They are also used in the preparation of ice cream sandwiches. An ever-increasing demand for convenience food along with a rise in disposable income is driving the growth of the wafer market. They have a widespread application including the manufacture of ice creams and chocolate bars, which add to the market growth. Health concerns pose a major threat to the market, especially in developed countries. As a result, the manufacturers are developing new healthier varieties to attract the health-conscious population. Heavy competition, coupled with a rise in the number of alternative products, restrains the growth of this market.

Asia Pacific Wafer Biscuits Market Segmentation:

The market for Wafer Biscuits is broadly categorized into

product
application
distribution channels

By product

Cream filled
coated

By application,

sandwich cookies
ice cream decorations
chocolate bars

The chocolate bars segment accounts for a major share of the market. By distribution channel, the market is classified into Supermarkets, convenience stores, food specialty stores, online retailers, and others. Supermarkets are currently dominating the market.