Biscuits Market Report 2026

The biscuits market size has grown strongly in recent years. It will grow from $134.03 billion in 2025 to $141.32 billion in 2026 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to expansion of packaged food consumption, growth of urban lifestyles, rising demand for convenient snack foods, increasing penetration of organized retail, improved biscuit manufacturing capabilities.

The biscuits market size is expected to see strong growth in the next few years. It will grow to $175.47 billion in 2030 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to growing demand for functional and fortified biscuits, rising preference for gluten-free and multigrain products, expansion of e-commerce food sales, increasing innovation in flavors and formats, growing focus on sustainable packaging. Major trends in the forecast period include increasing demand for health-oriented biscuit variants, rising adoption of automated baking and packaging lines, growing focus on clean-label ingredients, expansion of premium and specialty biscuit categories, enhanced shelf-life and texture optimization.

Rapid urbanization is expected to drive the growth of the biscuits market in the coming years. Urbanization refers to the migration of populations into concentrated areas, forming cities, which transforms land for residential, commercial, industrial, and transportation uses. This shift is reshaping global food systems by influencing spatial patterns of food demand and consumer preferences. For instance, in December 2024, Our World In Data, a UK-based non-profit organization, reported that by 2050, the global population is projected to reach approximately 9.8 billion, with nearly 7 billion people living in urban areas. Therefore, rapid urbanization is supporting the growth of the biscuits market.

Key companies in the biscuits market are developing innovative products such as gluten-free and plant-based options, fortified biscuits with added nutritional ingredients, high-protein varieties, and low-sugar or sugar-free options. High nutritional value biscuits are formulated to provide essential nutrients, offering a healthier alternative to standard biscuits. For instance, in August 2024, ITC, an India-based business and technology company, launched Sunfeast Super Egg & Milk Biscuit, targeting children. This product combines nutritious ingredients like eggs and milk to support child development and represents ITC’s strategic move to innovate within an underrepresented segment of the biscuit market.

In September 2024, Britannia Industries, an India-based food products company, acquired Kishlay Foods for an undisclosed amount. This acquisition strengthens Britannia’s presence in the regional bakery and confectionery segment, expands its product portfolio, and enhances its distribution network. Kishlay Foods is an India-based manufacturer specializing in baked goods and confectionery products.

Major companies operating in the biscuits market are Universal Robina Corporation, Nestlé S.A., Mondelez International Inc., Grupo Bimbo S.A.B. de C.V., Pladis Global, ITC Limited, Patanjali Ayurved Limited, Dali Foods Group Co. Ltd., Britannia Industries Limited, United Biscuits (UK) Limited, Lotus Bakeries NV, Pepperidge Farm Incorporated, Walkers Shortbread Ltd., Arnott's Ltd., Bahlsen GmbH & Co. KG, Cremica Food Industries Limited, Leclerc Foods USA Inc., Burton's Biscuit Company, Surya Food & Agro Ltd., Ravi Foods Pvt. Ltd., Anmol Industries Limited, Duke and Sons Pvt. Ltd., Loacker S.p.A.

Europe was the largest region in the biscuits market in 2025. South America is expected to be the fastest-growing region in the biscuits market report during the forecast period. The regions covered in the biscuits market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the biscuits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The biscuits market consists of sales of cream crackers, flavored crackers, and sandwich biscuits. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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