Global Compressed Biscuit Market - Forecast(2023 - 2028)
Global Compressed Biscuit Market Overview
Report Coverage
The
report: “Global
Compressed Biscuit Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of
the following segments of the Global Compressed Biscuit Market.
By
Type: High
Calorie and Low Calorie
By
Application:
Civil and Military.
By
Packaging: Plastic
pouches, Carton, and others.
By
Distribution Channel: Wholesalers
and Retailers (Offline and Online).
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).
Key Takeaways
- Geographically, the Asia-Pacific Compressed Biscuit Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027. The growth is owing to the humungous size of the Chinese and Indian military.
- Sweeping usage as ration in the military, the proliferating prevalence of obesity, and intensifying conflicts between nations are said to be preeminent drivers steering the growth of the Global Compressed Biscuit Market. However, health complications associated with compressed biscuits, deteriorated production, and augmenting the concept of robot soldiers are the factors said to reduce the market growth.
- Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Compressed Biscuit Market report.
Global Compressed Biscuit Market Share, By Geography (%) in 2021
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Global Compressed Biscuit Market Segment Analysis-By Application
The
Global Compressed Biscuit Market based on the application type can be further
segmented into civil and military. The military segment held the largest share
in 2021. The growth is owing to widescale adoption by militaries across the
globe. Life as a special operator in the military is harder than it seems. Most
of the times soldiers are supposed to execute military operations in places
that are extremely close to enemy lines. Consequently, a lot of hiding in
jungles or deserted places is required to accomplish the assigned mission.
Therefore, soldiers cannot rely only upon energy bars and other common foods,
they require something with extreme shelf-life and nutritious. All these
requirements are fulfilled with compressed biscuits. Therefore, unsurprisingly
military is the dominant segment. Moreover, the military segment is estimated
to be the fastest-growing with a CAGR of 3.2% over the forecast period 2022-2027.
However, the civil segment is likely to record growth as usage of compressed
biscuits is slightly rising as the obesity control diet. Moreover, considering
the ongoing conflicts between nations over borders it is necessary to have a
strong military that protects nations' sovereignty which will further drive the
growth of the aforementioned market.
Global Compressed Biscuit Market Segment Analysis-By Distribution Channel
The Global Compressed Biscuit Market based on distribution channels can be further segmented into wholesalers and retailers (offline and online). The wholesale segment held the largest share in 2021. The growth is owing to their large contracts with armies worldwide. Unlike ordinary biscuits which are easily available in shops, compressed biscuits are made for special purposes; therefore, they are produced in bulk for militaries only and handed over to them by wholesalers. Moreover, the wholesale segment is estimated to be the fastest-growing segment with a CAGR of 3.8% over the forecast period 2022-2027. This growth is owing to rising demand as various developing and developed countries like India, China, Japan, the Philippines, Indonesia, Pakistan, Australia, and Malaysia are doing everything in their power to expand their military to ensure an upper hand against their rival nations. However, the retail segment is likely to record a slight growth as people are making more demand for compressed biscuits. Retail offline is likely to hold a bigger share of the market as people prefer buying groceries in bulk. Moreover, the option of proper product investigation, instant purchase, and sale support are the factors behind the growth of the offline segment.
Global Compressed Biscuit Market Segment Analysis-By Geography
The Global Compressed Biscuit Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Asia-Pacific held the largest share with 41% of the overall market in 2021. The growth in this segment is owing to the factors such as the presence of countries such as China, India, Indonesia, Myanmar, and Pakistan with a jaw-dropping size of militaries. Out of the top 13 largest militaries (in terms of personnel) worldwide in 2022, 8 countries belong to Asia. Therefore, it is needless to say that “why Asia-Pacific is dominating in compressed biscuit market?” Moreover, Asia-Pacific is expected to be the fastest-growing segment over the forecast period 2022-2027. This growth is owing to growing health complications like obesity. As compressed biscuits are densely packed with grains, they act as a great source of energy; therefore, reduce the overall intake without compromising nutrition and hunger. Also, the usage of compressed biscuits is heightening in disaster relief and feeding malnourished children in South East Asia.
Global Compressed
Biscuit Market Drivers
Expanding militaries and far-reaching use in disaster relief missions are anticipated to boost market demand.
Broadening obesity and malnourishment complications are expected to boost market demand.
As obesity prevalence has reached epidemic proportions, it has become the root cause behind the surge of many chronic illnesses such as heart attack, diabetes, and hypertension. The obesity rates in several western and central pacific nations such as Nauru, Cook Island, Kiribati, and Micronesia have reached over 45 percent of the total population in recent years. Similarly, nearly 36.2 percent population of the U.S. is obese as of 2022. Therefore, people in an attempt to reduce their excess diet intake are relying upon compressed biscuits. On another hand, compressed biscuits are a great alternative to overcome the problem of malnourishment in African and Asian countries.
Global Compressed Biscuit Market Challenges
Budding trend autonomous robots, health hitches linked with excess use, and hampered production are anticipated to hamper the market growth.
Technological advancements have made it possible to replace soldiers with robots that can outperform them on the battlefield. For instance, nations such as Russia, China, and the United States have heightened their attempts to achieve a further breakthrough in the field of robotics. The robotics portfolio has grown significantly in the past six and funding rose from $17 million in the fiscal year 2015 to $379 million requested for in 2021, according to Maj. Jeremy Howell, deputy robotics branch chief. As a result, the demand for actual soldiers is likely to diminish which will have a negative impact on the growth of the aforementioned market. On another hand, deteriorated production activities owing to pandemic restrictions and excess use of compressed biscuits that may set many abdomens-related complications in motion is anticipated to pose severe challenges.
Global Compressed Biscuit Industry Outlook:
Product
launches, mergers and acquisitions, joint ventures, and geographical expansions
are key strategies adopted by players in the aforementioned Market. Global
Compressed Biscuit market top 10 companies include-
- Orion Inc.
- Nestle S.A.
- Lotte Corporation
- Kraft
Foods
- Guan
Sheng Yuan
- Haitai
Confectionery & Foods
- PanPan
- S.O.S
Food Lab
- KhongGuan
- LG Tasty Cookie Club
Recent Developments
- On August 9, 2021, Vevey, Switzerland-based conglomerate “nestle” known for its food and drinks announced that the company has successfully acquired New York, United States-based firm The Bountiful Company (a company known for its dietary supplements). A payment of $5.75 billion was made by nestle to wrap up the acquisition. Moreover, the transaction has put brands like Osteo Bi-Flex, Solgar, and Puritan Pride in Nestle's portfolio.
- On November 9, 2020, Switzerland-based renowned food and drinks company “Nestle” publicized the successful acquisition of London, United Kingdom-based company Mindful Chef (a firm known for its meal kit retailing). The financials of the acquisition were not revealed by the company. This move by Nestle aims at increasing its direct-to-customer business portfolio throughout the region.
- On April 1, 2020, South Korea-based company “Haitai” which is known for its confectionery and instant food portfolio, announced that the company has sold its ice cream business to Gyeongnam, South Korea-based company “Binggrae.” Binggrae is known for its dairy products. The total value of this transaction stands around 140 billion won.
Relevant Links:
LIST OF TABLES
1.Global Key Manufacturers Market 2019-2024 ($M)1.1 Orion Market 2019-2024 ($M) - Global Industry Research
1.2 Guan Sheng Yuan Market 2019-2024 ($M) - Global Industry Research
1.3 Nestle Market 2019-2024 ($M) - Global Industry Research
1.4 Lotte Market 2019-2024 ($M) - Global Industry Research
1.5 PanPan Market 2019-2024 ($M) - Global Industry Research
1.6 KhongGuan Market 2019-2024 ($M) - Global Industry Research
1.7 Kraft Foods Market 2019-2024 ($M) - Global Industry Research
1.8 HAITAI Confectioneryfoods; Market 2019-2024 ($M) - Global Industry Research
1.9 S.0 S Food Lab Market 2019-2024 ($M) - Global Industry Research
2.Global By High-calorie Market 2019-2024 ($M)
3.Global Market by Type Market 2019-2024 ($M)
3.1 High-calorie Market 2019-2024 ($M) - Global Industry Research
3.2 Low-calorie Market 2019-2024 ($M) - Global Industry Research
4.Global Key Manufacturers Market 2019-2024 (Volume/Units)
4.1 Orion Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Guan Sheng Yuan Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Nestle Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Lotte Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 PanPan Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 KhongGuan Market 2019-2024 (Volume/Units) - Global Industry Research
4.7 Kraft Foods Market 2019-2024 (Volume/Units) - Global Industry Research
4.8 HAITAI Confectioneryfoods; Market 2019-2024 (Volume/Units) - Global Industry Research
4.9 S.0 S Food Lab Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global By High-calorie Market 2019-2024 (Volume/Units)
6.Global Market by Type Market 2019-2024 (Volume/Units)
6.1 High-calorie Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Low-calorie Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Key Manufacturers Market 2019-2024 ($M)
7.1 Orion Market 2019-2024 ($M) - Regional Industry Research
7.2 Guan Sheng Yuan Market 2019-2024 ($M) - Regional Industry Research
7.3 Nestle Market 2019-2024 ($M) - Regional Industry Research
7.4 Lotte Market 2019-2024 ($M) - Regional Industry Research
7.5 PanPan Market 2019-2024 ($M) - Regional Industry Research
7.6 KhongGuan Market 2019-2024 ($M) - Regional Industry Research
7.7 Kraft Foods Market 2019-2024 ($M) - Regional Industry Research
7.8 HAITAI Confectioneryfoods; Market 2019-2024 ($M) - Regional Industry Research
7.9 S.0 S Food Lab Market 2019-2024 ($M) - Regional Industry Research
8.North America By High-calorie Market 2019-2024 ($M)
9.North America Market by Type Market 2019-2024 ($M)
9.1 High-calorie Market 2019-2024 ($M) - Regional Industry Research
9.2 Low-calorie Market 2019-2024 ($M) - Regional Industry Research
10.South America Key Manufacturers Market 2019-2024 ($M)
10.1 Orion Market 2019-2024 ($M) - Regional Industry Research
10.2 Guan Sheng Yuan Market 2019-2024 ($M) - Regional Industry Research
10.3 Nestle Market 2019-2024 ($M) - Regional Industry Research
10.4 Lotte Market 2019-2024 ($M) - Regional Industry Research
10.5 PanPan Market 2019-2024 ($M) - Regional Industry Research
10.6 KhongGuan Market 2019-2024 ($M) - Regional Industry Research
10.7 Kraft Foods Market 2019-2024 ($M) - Regional Industry Research
10.8 HAITAI Confectioneryfoods; Market 2019-2024 ($M) - Regional Industry Research
10.9 S.0 S Food Lab Market 2019-2024 ($M) - Regional Industry Research
11.South America By High-calorie Market 2019-2024 ($M)
12.South America Market by Type Market 2019-2024 ($M)
12.1 High-calorie Market 2019-2024 ($M) - Regional Industry Research
12.2 Low-calorie Market 2019-2024 ($M) - Regional Industry Research
13.Europe Key Manufacturers Market 2019-2024 ($M)
13.1 Orion Market 2019-2024 ($M) - Regional Industry Research
13.2 Guan Sheng Yuan Market 2019-2024 ($M) - Regional Industry Research
13.3 Nestle Market 2019-2024 ($M) - Regional Industry Research
13.4 Lotte Market 2019-2024 ($M) - Regional Industry Research
13.5 PanPan Market 2019-2024 ($M) - Regional Industry Research
13.6 KhongGuan Market 2019-2024 ($M) - Regional Industry Research
13.7 Kraft Foods Market 2019-2024 ($M) - Regional Industry Research
13.8 HAITAI Confectioneryfoods; Market 2019-2024 ($M) - Regional Industry Research
13.9 S.0 S Food Lab Market 2019-2024 ($M) - Regional Industry Research
14.Europe By High-calorie Market 2019-2024 ($M)
15.Europe Market by Type Market 2019-2024 ($M)
15.1 High-calorie Market 2019-2024 ($M) - Regional Industry Research
15.2 Low-calorie Market 2019-2024 ($M) - Regional Industry Research
16.APAC Key Manufacturers Market 2019-2024 ($M)
16.1 Orion Market 2019-2024 ($M) - Regional Industry Research
16.2 Guan Sheng Yuan Market 2019-2024 ($M) - Regional Industry Research
16.3 Nestle Market 2019-2024 ($M) - Regional Industry Research
16.4 Lotte Market 2019-2024 ($M) - Regional Industry Research
16.5 PanPan Market 2019-2024 ($M) - Regional Industry Research
16.6 KhongGuan Market 2019-2024 ($M) - Regional Industry Research
16.7 Kraft Foods Market 2019-2024 ($M) - Regional Industry Research
16.8 HAITAI Confectioneryfoods; Market 2019-2024 ($M) - Regional Industry Research
16.9 S.0 S Food Lab Market 2019-2024 ($M) - Regional Industry Research
17.APAC By High-calorie Market 2019-2024 ($M)
18.APAC Market by Type Market 2019-2024 ($M)
18.1 High-calorie Market 2019-2024 ($M) - Regional Industry Research
18.2 Low-calorie Market 2019-2024 ($M) - Regional Industry Research
19.MENA Key Manufacturers Market 2019-2024 ($M)
19.1 Orion Market 2019-2024 ($M) - Regional Industry Research
19.2 Guan Sheng Yuan Market 2019-2024 ($M) - Regional Industry Research
19.3 Nestle Market 2019-2024 ($M) - Regional Industry Research
19.4 Lotte Market 2019-2024 ($M) - Regional Industry Research
19.5 PanPan Market 2019-2024 ($M) - Regional Industry Research
19.6 KhongGuan Market 2019-2024 ($M) - Regional Industry Research
19.7 Kraft Foods Market 2019-2024 ($M) - Regional Industry Research
19.8 HAITAI Confectioneryfoods; Market 2019-2024 ($M) - Regional Industry Research
19.9 S.0 S Food Lab Market 2019-2024 ($M) - Regional Industry Research
20.MENA By High-calorie Market 2019-2024 ($M)
21.MENA Market by Type Market 2019-2024 ($M)
21.1 High-calorie Market 2019-2024 ($M) - Regional Industry Research
21.2 Low-calorie Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Global Compressed Biscuit Market Revenue, 2019-2024 ($M)2.Canada Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
3.Mexico Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
4.Brazil Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
5.Argentina Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
6.Peru Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
7.Colombia Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
8.Chile Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
10.UK Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
11.Germany Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
12.France Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
13.Italy Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
14.Spain Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
16.China Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
17.India Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
18.Japan Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
19.South Korea Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
20.South Africa Global Compressed Biscuit Market Revenue, 2019-2024 ($M)
21.North America Global Compressed Biscuit By Application
22.South America Global Compressed Biscuit By Application
23.Europe Global Compressed Biscuit By Application
24.APAC Global Compressed Biscuit By Application
25.MENA Global Compressed Biscuit By Application