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 the industry experts, these products can source from both the biscuits market and the salted snacks market. By 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.This growth is primarily driven by Advancement in Packaging Technique and Increase in Shift from Other Snack to Biscuits.
Globally, a noticeable market trend is evident Growing Popularity in Asia Pacific Regions
. Major Vendors, such as ITC Limited (India), Britannia (India), Surya Food & Agro Limited (India), Unibic Foods (India), Pran-Rfl Group Ltd. (Bangladesh), Wheafree (India), Orion (India), Vietnam Libra Company Limited (Vietnam), Shantou Yixin Foods & Drinks Co., Ltd. (China) and Guangdong SLG Foods Technology Co., Ltd. (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In July 2021, Britannia announced the launch of ‘5050 Potazos’, a potato-based biscuit. It is thin crispy and delivers the familiar ‘masaledar’ flavors of a potato chip in a biscuit format. Through this, the company becomes more competent in this industry.
- Advancement in Packaging Technique
- Increase in Shift from Other Snack to Biscuits
- 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 Market Share
- Continuous Changes in Consumer Preference
- Fluctuation in the Cost of Raw Materials
- Changes in Retail Landscape Become a Growth Hampering Factor
- Slowdown in Economy
- Unanticipated Business Disruption
Increase in Transformation of Purchasing Behavior from Retail to Online Platform Because of Coronavirus Pandemic
Less Demand in North America Regions
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Potato Biscuits Study Sheds Light on
The Potato Biscuits Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Potato Biscuits industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Potato Biscuits industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.