Wednesday, 26 June 2013

Just Release: Global Industry Biscuits Market Forecast 2012 - 2018


The market for biscuits is very promising, and expecting a higher growth in near future. Business market is all about effective decision making, and strategic planning as to how to sell, what kind packaging should be done, what will be the pricing strategy etc. Decisions affect the results, whether good or bad, and also affect the competition and the market as a whole. United States and Europe are dominating the world biscuits market. 

Asia- pacific region is one of the fastest growing markets. The Biscuits market can be characterized as organized (Big Players) and unorganized sector (Local Players) in each region.




Biscuits market is seen to be dominating in the food industry due to its innovative packaging, new flavors, tastes, shapes, new technologies, and rising health consciousness among consumers. In the Rural and urban population, urban population holds largest share in this market. Local players are catering to the rural area whereas urban population is catered by the organized sector.

Here are some opportunities which can be grabbed if due attention is paid. These are:

  • Differentiate between the target customer and Potential customer
  • Regular feedback should be collected from masses
  • Increase in promotional strategies

Opportunities are bright but some restraints that can affect the market are:

  • Increasing logistics cost
  • Increase in number of competitive products
  • Hike in raw material cost
  •  
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