Pune, Maharashtra -- (SBWire) -- 08/30/2023 --The Potato Biscuits Market study with 65+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyze futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. Some of the players studied are McVitie's (United Kingdom), Keebler (United States), Walkers Shortbread (United Kingdom), Pillsbury (United States), Lotus Bakeries (Belgium), Laysan Food (South Korea), Bahlsen (Germany), Lizi's Granola (United Kingdom), Galletas Gullón (Spain), Arnott's Biscuits (Australia), Britannia Industries (India), Burton's Biscuit Company (United Kingdom), Mondel?z International (United States).
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According to HTF Market Intelligence, the Global Potato Biscuits market is segmented by Type (Plain Potato Biscuits, Flavored Potato Biscuits) by Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Specialty Stores) by Packaging Type (Pouches or Bags, Boxes or Cartons, Single-Serve Packs, Multipacks, Bulk Packaging) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Definition:
Potato Biscuits are made from potatoes. These are available in various types of flavors. Companies operating in Asia Pacific regions are heavily investing in this segment. According to industry experts, these products can be sourced from both the biscuits market and the salted snacks market. Investing in these companies can cater to the two largest categories in the food industry. The companies in the FMCG are gaining popularity in India. The companies operating in this industry are heavily focusing on advanced packaging technology.
Market Trends:
- Growing Popularity in Asia Pacific Regions
- In India, Major Market Share Is Covered By Three Major Brands Including ITC, Britannia, and Parle Hold More Than 70 Percent of the Market Share
Market Drivers:
- Advancement in Packaging Technique
- Increase in Shift from Other Snacks to Biscuits
Market Opportunities:
- Increase in Transformation of Purchasing Behavior from Retail to Online Platform Because of Coronavirus Pandemic
Potato Biscuits Market Competitive Analysis:
Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.
Players Included in Research Coverage: McVitie's (United Kingdom), Keebler (United States), Walkers Shortbread (United Kingdom), Pillsbury (United States), Lotus Bakeries (Belgium), Laysan Food (South Korea), Bahlsen (Germany), Lizi's Granola (United Kingdom), Galletas Gullón (Spain), Arnott's Biscuits (Australia), Britannia Industries (India), Burton's Biscuit Company (United Kingdom), Mondel?z International (United States)
Segmentation and Targeting:
Essential demographic, geographic, psychographic, and behavioral information about business segments in the Potato Biscuits market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behavior, and patterns.
Potato BiscuitsProduct Types In-Depth: Plain Potato Biscuits, Flavored Potato Biscuits
Potato Biscuits Major Geographical First Level Segmentation:
- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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