DUBLIN--(BUSINESS WIRE)--The "Brazil Biscuit Market Outlook: Market Forecast By Category (Sweet Biscuit, Savory & Crackers, Wafer, Functional/Energetic),By Distribution Channel (Online, Offline),By Packaging Type, By Product Type, By Regions And Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
Brazil Biscuit Market revenue size is projected to grow at a CAGR of 9.5% during 2021-2027.
Brazil Biscuit Market report thoroughly covers market by category, distribution channel, packaging type, product type, and regions.
The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Brazil Biscuit Market Synopsis
Brazil biscuit market grew significantly during 2017 to 2019 on the back of Brazil's reviving economy, rise in urbanization and growing working population. Brazil biscuit market witnessed slight decline in growth rate in 2020 on the back of COVID 19 Pandemic as there was rise in demand for package food as people were stacking up long shelf-life items including biscuits but the production was low due to raw material and labour shortage.
Further, rise in health concerns among youth population has been driving the biscuit market in Brazil, product such as low-fat biscuits, gluten-free biscuits, low carbohydrates biscuits, organic biscuits, and high fiber biscuits are attracting consumers and would act as a key market driver for biscuit market in the country. In addition to that, rise of retail sector would further drive the biscuit market in coming years.
Furthermore, on account of COVID-19 pandemic in 2020, resulted in slowdown of Brazil biscuit market growth due to the disrupted supply chain causing unavailability of raw materials owing to lockdown measures adopted to curb the spread of the virus, which in turn led to a stagnant revenue during pandemic. Although, with the gradual upliftment of lockdown restrictions, sales of biscuit begun to get back on track as operations and production resumed, which led Brazil biscuit market back to its growth trajectory.
The demand for biscuit increased on account of urbanization and worldwide increase of working population which has increased the demand for ready-to-eat food products. In addition to that, growth retail sector such as rise in number of hypermarkets, supermarkets and retail stores has been driving the biscuit market in country.
Market by Category Analysis
In terms of category, sweet biscuit segment has captured 61.2% of the market revenues in 2020. Sweet biscuit segment accounted for maximum market revenue share on account of Brazil's sweet tooth culture. Additionally, premium sweet cookies are used as a gifting item. Further sweet biscuits are affordable, easy to pick up, store & consume, and have long shelf life.
Market by Distribution Channel Analysis
In terms of distribution channel, offline channel has captured 86.4% of the market revenues in 2020. Offline channel accounted for maximum market revenue share owing to well organised retail sector. Brazil has 2,000 convenience stores, 2,572 supermarkets, 188 hypermarket and 682 cash-and-carry clubs. Furthermore, the Brazilian retail sector accounted for 80 percent of food and beverage sales through 91,351 retail operators.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Brazil Biscuit Market Overview
- Brazil Biscuit Market Outlook
- Brazil Biscuit Market Forecast
- Historical Data and Forecast of Brazil Biscuit Market Revenues, for the Period 2017-2027F.
- Historical Market Data and Forecast of Brazil Biscuit Market Revenues, By Category, for the Period 2017-2027F.
- Historical Market Data and Forecast of Brazil Biscuit Market Revenues, By Distribution Channel, for the Period 2017-2027F.
- Historical Market Data and Forecast of Brazil Biscuit Market Revenues, By Packaging Type, for the Period 2017-2027F.
- Historical Market Data and Forecast of Brazil Biscuit Market Revenues, By Product Type , for the Period 2017-2027F.
- Historical Market Data and Forecast of Brazil Biscuit Market Revenues, By Regions, for the Period 2017-2027F.
- Market Drivers and Restraints
- Market Trends and Evolution
- Industry Life Cycle
- Brazil Biscuit Market - Price Trend Analysis
- Brazil Biscuit Market - Government Taxes and Regulations
- Porter's Five Force Analysis
- Market Opportunity Assessment
- Brazil Biscuit Market Share, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Company Profiles
- Mondelez International Inc.
- Nestle Brasil Ltd.
- M. Dias Branco S.A.
- Marilan Alimentos S/A
- PepsiCo, Inc.
- Bauducco Foods, Inc.
- Germani Alimentos LTDA
- Biscobom Alimentos LTDA
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Category
- Sweet Biscuit
- Chocolate Coated Biscuits
- Cookies
- Filled Biscuits
- Plain Biscuits
- Others
- Savory & Crackers
- Plain
- Flavored
- Wafer
- Functional/Energetic
By Distribution Channel
- Online
- Offline
- Hypermarkets & Supermarkets
- Specialist Retailers
- Convenience Stores
- Others
By Packaging Type
- Flexible
- Rigid
- Paper & Board
By Product Type
- Premium
- Non- Premium
By Regions
- Northern
- Southeast
- Central
- Northeast
- Southern
For more information about this report visit https://www.researchandmarkets.com/r/b1ds3j
