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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 - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2023-2028

Published: March, 2023
ID: 6119
Pages: 175
Formats: report pdf report excel report power bi report ppt

Wafer Biscuits Market Size, Share, Growth (2023-2028)

Wafer Biscuits Market was worth USD 102.46 billion in 2023 to 119.93 billion in 2028 and is estimated to be growing at a CAGR of 3.20%.

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, 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.

REPORT COVERAGE:

 

REPORT METRIC

DETAILS

Market Size Available

2022–2028

Base Year

2022

Forecast Period

2023-2028

CAGR

3.20%

Segments Covered

By Product, By Application, By Distributional Channel, and By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Nestle SA, Mars, Mondelez International, United Biscuits, Hershey Food Corp, Antonelli Bros, Artisan Biscuits, Bolero, Dukes, Kellogg, Lago Group

Wafer Biscuits Market Detailed Segmentation

  • product

  • application

  • distribution channels

By product

  • Cream filled 

  • coated

Coated wafer biscuits dominate the market.

By application

  • sandwich cookies

  • ice cream decorations

  • chocolate bars

The chocolate bars segment accounts for a major share of the market.

By distribution channel,

  • Supermarkets,
  • convenience stores

  • food specialty stores

  • online retailers

Wafer Biscuits Market Regional Analysis:

  • North America

  • Europe

  • Asia-Pacific

  • Middle East

  • Latin America

The Wafer Biscuits market was dominated by Europe followed by North America. The Asia Pacific is considered to be growing at a fast pace.

Wafer Biscuits Market KeyPlayers

  1. Nestle SA

  2. Mars, Mondelez International

  3. United Biscuits

  4. Hershey Food Corp

  5. Antonelli Bros

  6. Artisan Biscuits

  7. Bolero

  8. Dukes

  9. Kellogg

  10. Lago Group

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