Market Size of North America Sweet Biscuits Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.10 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Sweet Biscuits Market Analysis
North America Sweet Biscuit Market is projected to register a CAGR of 3.1% during the forecast period, 2022-2027.
The snacking habits in North America have increased at a faster rate after pandemic situations. With the increased snacking habits and demand for sweet biscuits is forecasted to increase during the study period. Over the long term, the increase in the working-class population, rising disposable income, and changing lifestyles, hectic lifestyles, lack of time have increased the frequency of snacking driving the growth of the Sweet Biscuit Market in the North America region.
The attributes of sweet biscuits such as convenient food at a relatively low price point, its availability at various shopping points, ease of consumption as a basic food item, a high nutritional value, and a long shelf life, are boosting the sales of sweet biscuits in the region. Furthermore, the increase in efficiency of the supply chain, distribution channels, marketing and promotional activities by manufacturers is adding to the growth of the market in the region.
Moreover, the availability of a wide range of flavors, such as buttercream, chocolate, and peanut butter and biscuits with health claims among others is expected to contribute to the growth of sweet biscuits in North America. For instance, in April 2020, Biscoff launched Vegan Sandwich Cookies in United States. The brand launched the products in three flavours including Vanilla, Milk Chocolate, and Biscoff Cream.
