18 January 2019: Compressed
Biscuit Market witnesses a CAGR in the assessment period.
Biscuits are prominent and convenient food products owing to their ready to eat
nature. From the market point of view, consumers are heavily attracted towards
bakery products and more precisely more inclination towards low-calorie
products due to health issues. Further, cookies are mainly soft-type of
biscuits whose texture characteristics are mainly provided by their high fat
content. Fat enables flavour and mouth feel and also contributes to appearance,
texture, lubricity and palatability. With the rise in incidences of obesity and
diabetes, low calorie foods such as compressed biscuits enjoy a vast
popularity.
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A major driving factor responsible for the United States
Compressed Biscuit Market includes extensive demand for low calorie biscuits
especially for children and geriatric population. Other factors include demand
for compressed biscuits as healthy snacks coupled with various flavours and
ready availability triggers the market growth. However, availability of cheaper
substitutes and pricing constraints are likely to hinder the market growth in
the prescribed period.
Product segmentation for Compressed Biscuit Market includes
savory, sweet biscuits, filled/coated, wafers, crackers, high-calorie and
low-calorie. Based on segmentation by source, the United States Compressed
Biscuit Industry includes wheat, oats and millets. Segmentation based on
packaging, the United States Compressed Biscuit Market includes jars, boxes,
pouches/packets and peelpaq.
Segmentation based on distribution channel, the United
States Compressed Biscuit Market includes convenience store,
supermarket/hypermarket, specialty store and online retail. Based on
segmentation by flavour type, the market includes plain, chocolate, fruits and
nuts, sour cream, cheese and spiced. Geographical segmentation for United
States Compressed Biscuit Industry spans Southwest, The West, The Middle
Atlantic, New England, The South and The Midwest. The key players in the United
States Compressed Biscuit Market include Nestle, Orion and S.O.S Food Lab.
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