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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