According to 6Wresearch, Middle East Biscuit Market size is projected to grow at a CAGR of 5.3% during 2021-2027. Based on category, sweet biscuits accounted for the major market revenue share in 2020 and is anticipated to maintain the same over the forthcoming years owing to its taste that makes it a popular option among the consumers. Furthermore, varieties of biscuits are available in sweet category such as plain, wafer and cream coupled by the increase in demand during festivals such as Ramadan and Eid would drive the sweet biscuit segment over the coming years. Additionally, new product development in the sweet biscuits would further surge the market in the region. Eating habits of consumers have changed and they are becoming more particular about the calorie content being consumed, thereby, expanding demand for healthy snacks and increasing preference for snacking would further drive the aforementioned market in the years to come.
Key Highlights
- Middle East Biscuit Market Overview
- Middle East Biscuit Market Outlook
- Middle East Biscuit Market Forecast
- Market Drivers and Restraints
- Middle East Biscuit Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Player’s Revenue Shares
- Market Competitive Benchmarking
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