Oct, 2020 Food & Beverages
Global Wafer Biscuit Market Size, Regional Growth Analysis, Outlook and Forecast Data 2020-2027
Category by- Food & Beverages , No. of Pages - 150, Published By - Ameco Research
A wafer is a dry, crispy, and crunchy thin type of biscuit that comes in different shapes, sizes, and packaging. Wafers are used with chocolate bars, ice cream, and cookies. Consumers are shifting toward convenience foods, such as wafer biscuits, that are affordable. The increasing urbanization, changing consumer lifestyles, and growing consumer spending power are factors that are expected to drive the growth of the global wafer biscuit market during the forecast period.
According to the report, one driver in the market is innovative packaging. Innovative and attractive packaging is one of the best ways to attract customers and increase sales. It can help in preventing the degradation of food quality during transportation. It also helps in maintaining the freshness and preventing food loss because of damage. Innovative packaging extends the shelf life of products and provides information on storage. Wafers contain wheat flour, fat, sugar, and many flavoring agents, which are sensitive to moisture. They have a high fat level and are fragile in nature. Therefore, manufacturers must use suitable packaging to protect wafers from damage.
The global Wafer Biscuit market size is projected to reach US$ 113150 million by 2027, from US$ 95520 million in 2020, at a CAGR of 2.9% during 2021-2027.
This report focuses on Wafer Biscuit volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Wafer Biscuit market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.
Global Wafer Biscuit Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Global Wafer Biscuit Market: Regional Analysis
The research report includes a detailed study of regions of North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2027. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Wafer Biscuit Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
Following are the segments covered by the report are:
Coated Wafer Biscuits
Cream-Filled Wafer Biscuits
By Application:
Supermarket
Department Store
Others
Key Players:
The Key manufacturers that are operating in the global Wafer Biscuit market are:
Mars
Nestle
The Hershey
Pladis
Antonelli Bros
Artisan Biscuits
Bolero
Dukes
Kellogg
Lago
Mondelez International
Competitive Landscape
The analysts have provided a comprehensive analysis of the competitive landscape of the global Wafer Biscuit market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.
According to the report, one driver in the market is innovative packaging. Innovative and attractive packaging is one of the best ways to attract customers and increase sales. It can help in preventing the degradation of food quality during transportation. It also helps in maintaining the freshness and preventing food loss because of damage. Innovative packaging extends the shelf life of products and provides information on storage. Wafers contain wheat flour, fat, sugar, and many flavoring agents, which are sensitive to moisture. They have a high fat level and are fragile in nature. Therefore, manufacturers must use suitable packaging to protect wafers from damage.
The global Wafer Biscuit market size is projected to reach US$ 113150 million by 2027, from US$ 95520 million in 2020, at a CAGR of 2.9% during 2021-2027.
This report focuses on Wafer Biscuit volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Wafer Biscuit market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.
Global Wafer Biscuit Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Global Wafer Biscuit Market: Regional Analysis
The research report includes a detailed study of regions of North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2027. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Wafer Biscuit Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
Following are the segments covered by the report are:
Coated Wafer Biscuits
Cream-Filled Wafer Biscuits
By Application:
Supermarket
Department Store
Others
Key Players:
The Key manufacturers that are operating in the global Wafer Biscuit market are:
Mars
Nestle
The Hershey
Pladis
Antonelli Bros
Artisan Biscuits
Bolero
Dukes
Kellogg
Lago
Mondelez International
Competitive Landscape
The analysts have provided a comprehensive analysis of the competitive landscape of the global Wafer Biscuit market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.