Dublin, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The "Wafer Biscuits - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market perspective for wafer biscuits reveals insights into the industry's trends and projections. It encompasses various categories, including coated, cream-filled, chocolate, sandwich, and ice-cream wafers.
The analysis covers geographic regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The report presents both recent past and future predictions, highlighting annual sales figures in US$ million from 2014 to 2030, as well as percentage CAGR values.
Market distribution among hypermarkets, supermarkets, convenience stores, online stores, and specialty food stores is also explored, providing a comprehensive understanding of the wafer biscuits market's landscape.
Global Wafer Biscuits Market to Reach $142.1 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Wafer Biscuits estimated at US$99.3 Billion in the year 2022, is projected to reach a revised size of US$142.1 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Cream-
Filled Wafer Biscuits, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$92.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Coated Wafer Biscuits segment is readjusted to a revised 5.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $27 Billion, While China is Forecast to Grow at 7.1% CAGR
The Wafer Biscuits market in the U.S. is estimated at US$27 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$29 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
What's New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
A selection of companies mentioned in this report includes
- Antonelli Bros
- Artisan Biscuits
- Bolero
- Dukes
- Hershey Company
- Kellogg
- Lago Group
- Mars
- Mondelez International
- Nestle
For more information about this report visit https://www.researchandmarkets.com/r/x8rdnt
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