Growing Tourist Arrivals Translate to Higher Biscuit Sales in Switzerland
A constant rise in demand for healthy and nutritious product varieties, with low-calorie and sugar-free products gaining high consumer preference, and the demand for convenient snacks are some of the key trends impacting the overall development of the present-day Switzerland biscuits market. The rising numbers of international and domestic tourists in the country and steady growth in the retail sector post the economic turmoil of 2008 are aiding the market in moving along a sustainable growth path.
However, rising raw material, labor, and packaging costs and the need to hold on to prices to withstand the intense competition in the market are collectively leading to a stagnant rise in profit margins for manufacturers. Transparency Market Research estimates that the Switzerland biscuits market will expand at a CAGR of 1.7% over the period between 2016 and 2024, rising from a valuation of US$973.3 mn in 2015 to US$1,125.7 mn by 2024. The market will expand at a 1.2% CAGR in terms of volume over the same period.
Chocolate Coated Biscuits Contribute Sizeable Share in Market’s Revenues
Of the vast variety of products available in the Switzerland biscuits market, the segment of chocolate coated biscuits contributed the largest share to the market’s overall revenues in 2015. The segment acquired a 36.9% share in the market’s revenues in 2015 and is expected to reach 39.4% by 2024. Bourbon biscuits, filled biscuits, and plain biscuits were the other leading product segments in terms of their contribution to the market’s revenues in 2015.
Volume-wise, the segment of plain biscuits emerged as the market’s most favored product variety, accounting for nearly 29.4% share in the market’s overall volume-wise sales in 2015. The segment is, however, expected to lose its prominence to other segments such as filled biscuits and rich tea biscuits over the forecasting horizon, with its share witnessing a meagre decline to 28.6% by 2024. The health appeal of plain biscuits will allow the segment to remain at the forefront of sales in the near future as well.
Consumers between 20-30 Years of Age Emerge as Most Lucrative Demographic for Market
In terms of revenue, the consumer group between the ages of 20-30 years dominated the Switzerland biscuits market in 2015. This segment accounted for a nearly 28% share in the market’s revenues in 2015. The age group of 31-40 years held the second largest revenue share in the market in 2015, accounting for 23.2% of the overall market. These sectors are also expected to be the key determinants of the market’s overall development in the next few years. A vast rise in health consciousness among consumers in these age-groups is also the key reason why manufacturers have started focusing more on the production of healthy and nutritious product varieties.
Over the period between 2016 and 2024, the age group of 5-10 years is expected to lead to the most promising growth opportunities for the Switzerland biscuits market. TMR estimates that the segment will expand at the fastest CAGR of 2.7% from 2016 through 2024. This estimate translates in a substantial rise in the overall consumption of product varieties such as chocolate coated and filled biscuits.
In the fragmented market, some of the key vendors operating amid intense competition are Lefèvre-Utile, Walkers Shortbread Ltd, Confiserie Sprüngli AG, Kägi Söhne AG., Kambly SA, Wernli AG, Barilla G. e R. Fratelli S.p.A, Lotus Bakeries N.V., Nestle S.A., Burton’s Food, Midor AG, HUG AG, and United Biscuit.
Switzerland Biscuits Market Witnesses Automation in Manufacturing Processes
Swiss biscuits have a worldwide delight, and the region has been making steady production of long-life bakery products. Over the years, biscuit-makers and confectioners have come out with new flavors, combinations, nutritional profiles, and ingredient mix to meet the demands for domestic consumption. Changing regulations have circumscribed the pricing structure and raw materials sourcing strategies of biscuit makers in the Switzerland biscuits market. Advent of new equipment has allowed companies to produce and market range of forming and baking processes. They account for a major pie of the processed food sector, which is why the confectionery industry has witnessed new regulations. Adoption of fully automated manufacturing processes is one of the key advancements in the Switzerland biscuits market. In particular, this has enabled manufacturers to produce batches with standard product and with miniscule quality variations. In recent times, due to excessive reliance in product standardization as well meeting range of sensory attributes of the target consumers, small and medium-sized companies have been facing budget constraints to meet heavyweights. Further, the demand for new creams and toppings to meet new aesthetics has also motivated biscuit manufacturers to bring variations. Simultaneously, the market is witnessing new packaging trends in a bid to position their brands uniquely.
The COVID-19 pandemic has caused some of the most severe disruptions in the cross-border trade. Exports of the nonessential items have taken a backseat in several economies. Lack of access to cost-efficient logistics still continues to be a challenge for industry players, with biscuit manufacturers in Switzerland forced to look inward to drive consumption. Domestic consumptions witnessed a fillip on one hand, while exports suffered heavily, especially in 2020. The trends in the Switzerland biscuits market have alarmed policy makers and food regulators to come out with new frameworks to support the long-term health of biscuit manufacturing. In the post-pandemic world, it remains to be seen what initiatives private investors and governments will take to change the growth trajectories of the market.
Chapter 1 Switzerland Biscuits Market :Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope
1.4 Research Methodology
Chapter 2 Switzerland Biscuits Market: Executive Summary
2.1 Switzerland Biscuits Market Revenue and Volume, 2016-2024 (US$ Mn and Kg Mn)
2.2 Market Snapshot
Chapter 3 Switzerland Biscuits Market: Market Overview3.1Introduction
3.2 Europe Biscuits Market Overview
3.3 Key Trend Analysis
3.4 Market Dynamics: Drivers, Restraints and Opportunities
3.3.1 Market Drivers
3.3.2 Market Restraints
3.3.3 Market Opportunities
3.5 Distribution Channel
3.6 List of Suppliers and Manufacturers in Switzerland Biscuits Market
3.7 Switzerland Biscuits Price Trend Analysis, By Product Type 2015-2024 (US$/Kg)
Chapter 4 Switzerland Biscuits Market, By Ingredients, 2016 – 20244.1By Ingredients: Overview
4.1 Biscuits Market Revenue Share, by Ingredients, 2015-2024
4.1.1 Biscuits Market Volume Share, by Ingredients, 2015-2024
4.2 Switzerland Flour Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
4.3 Switzerland Sugar Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
4.4 Switzerland Butter Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
4.5 Switzerland Chocolate Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
4.6 Switzerland Milk Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
4.7 Switzerland Cream Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
4.8 Switzerland Others Ingredients Type Biscuits Market, 2015-2024: Revenue and Volume Forecast
Chapter 5 Switzerland Biscuits Market, By Product Type,2016 – 2024
5.1 By Product Type: Overview
5.1.1 Biscuits Market Revenue Share, by Products, 2015-2024
5.1.2 Biscuits Market Volume Share, by Products, 2015-2024
5.2 Switzerland Rich Tea Biscuits Market, 2015-2024: Revenue and Volume Forecast
5.3 Switzerland Bourbon Biscuits Market, 2015-2024: Revenue and Volume Forecast
5.4 Switzerland Plain Biscuits Market, 2015-2024: Revenue and Volume Forecast
5.5 Switzerland Chocolate Coated Biscuits Market, 2015- 2024: Revenue and Volume Forecast
5.6 Switzerland Filled Biscuits Market, 2015-2024: Revenue and Volume Forecast
5.7 Switzerland Others Biscuits Market, 2015-2024: Revenue and Volume Forecast
Chapter 6 Switzerland Biscuits Market, By Age Group, 2016 – 2024 6.1By Age Group: Overview
6.1 Switzerland Biscuits Market Revenue Share, by Age Group, 2015-2024
6.1.1 Switzerland Biscuits Market Volume Share, by Age Group, 2015-2024
6.2 Switzerland 5 – 10 Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
6.3 Switzerland 11 – 19 Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
6.4 Switzerland 20 – 30 Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
6.5 Switzerland 31 – 40 Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
6.6 Switzerland 41 and Above Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
Chapter7 Company Profiles
7.1 Kambly SA
7.1.1 Company Details (HQ, Foundation Year, Employee Strength)
7.1.2 Market Presence, By Segment and Geography
7.1.3 Key Developments
7.1.4 Strategy and Historical Roadmap
7.1.5 Revenue and Operating Profits
7.2 Wernli AG
7.2.1 Company Details (HQ, Foundation Year, Employee Strength)
7.2.2 Market Presence, By Segment and Geography
7.2.3 Key Developments
7.2.4 Strategy and Historical Roadmap
7.2.5 Revenue and Operating Profits
7.3 HUG AG
7.3.1 Company Details (HQ, Foundation Year, Employee Strength)
7.3.2 Market Presence, By Segment and Geography
7.3.3 Key Developments
7.3.4 Strategy and Historical Roadmap
7.3.5 Revenue and Operating Profits
7.4 Walkers Shortbread Ltd,
7.4.1 Company Details (HQ, Foundation Year, Employee Strength)
7.4.2 Market Presence, By Segment and Geography
7.4.3 Key Developments
7.4.4 Strategy and Historical Roadmap
7.4.5 Revenue and Operating Profits
7.5 Kagi Söhne AG.
7.5.1 Company Details (HQ, Foundation Year, Employee Strength)
7.5.2 Market Presence, By Segment and Geography
7.5.3 Key Developments
7.5.4 Strategy and Historical Roadmap
7.5.5 Revenue and Operating Profits
7.6 Lefevre-Utile
7.6.1 Company Details (HQ, Foundation Year, Employee Strength)
7.6.2 Market Presence, By Segment and Geography
7.6.3 Key Developments
7.6.4 Strategy and Historical Roadmap
7.6.5 Revenue and Operating Profits
7.7 Barilla G. e R. Fratelli S.p.A
7.7.1 Company Details (HQ, Foundation Year, Employee Strength)
7.7.2 Market Presence, By Segment and Geography
7.7.3 Key Developments
7.7.4 Strategy and Historical Roadmap
7.7.5 Revenue and Operating Profits
7.8 Lackerli Huus Ag
7.8.1 Company Details (HQ, Foundation Year, Employee Strength)
7.8.2 Market Presence, By Segment and Geography
7.8.3 Key Developments
7.8.4 Strategy and Historical Roadmap
7.8.5 Revenue and Operating Profits
7.9 Nestle S.A.
7.9.1 Company Details (HQ, Foundation Year, Employee Strength)
7.9.2 Market Presence, By Segment and Geography
7.9.3 Key Developments
7.9.4 Strategy and Historical Roadmap
7.9.5 Revenue and Operating Profits
7.10 Lotus Bakeries N.V.
7.10.1 Company Details (HQ, Foundation Year, Employee Strength)
7.10.2 Market Presence, By Segment and Geography
7.10.3 Key Developments
7.10.4 Strategy and Historical Roadmap
7.10.5 Revenue and Operating Profits
7.11 Midor AG
7.11.1 Company Details (HQ, Foundation Year, Employee Strength)
7.11.2 Market Presence, By Segment and Geography
7.11.3 Key Developments
7.11.4 Strategy and Historical Roadmap
7.11.5 Revenue and Operating Profits
7.12 Confiserie Sprüngli AG
7.12.1 Company Details (HQ, Foundation Year, Employee Strength)
7.12.2 Market Presence, By Segment and Geography
7.12.3 Key Developments
7.12.4 Strategy and Historical Roadmap
7.12.5 Revenue and Operating Profits
7.13 United Biscuit
7.13.1 Company Details (HQ, Foundation Year, Employee Strength)
7.13.2 Market Presence, By Segment and Geography
7.13.3 Key Developments
7.13.4 Strategy and Historical Roadmap
7.13.5 Revenue and Operating Profits
7.14 Burton’s Food
7.14.1 Company Details (HQ, Foundation Year, Employee Strength)
7.14.2 Market Presence, By Segment and Geography
7.14.3 Key Developments
7.14.4 Strategy and Historical Roadmap
7.14.5 Revenue and Operating Profits
List of Tables
1 Market Snapshot
2 List of Suppliers and Manufacturers in Switzerland Biscuits Market
3 Switzerland Biscuits Price Trend Analysis, By Product Type 2015-2024 (US$/Kg)
List of Figures
1 Market Segmentation 10
2 Switzerland Biscuits Market Revenue and Volume, 2016-2024 (US$ Mn and Kg Mn) 3 Market Dynamics: Market Drivers & Restraints 24
4 Switzerland Retail Sales Market for Biscuits Industry 25
5 Tourist Arrivals in Switzerland 27
6 Distribution Channel 30
7 Biscuits Market Revenue Share, by Ingredients, 2015-2024 37
8 Biscuits Market Volume Share, by Ingredients, 2015-2024 38
9 Switzerland Flour Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
10 Switzerland Sugar Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
11 Switzerland Butter Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
12 Switzerland Chocolate Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
13 Switzerland Milk Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
14 Switzerland Cream Ingredient Biscuits Market, 2015-2024: Revenue and Volume Forecast
15 Switzerland Others Ingredients Type Biscuits Market, 2015-2024: Revenue and Volume Forecast
16 By Product Type: Overview 47
17 Biscuits Market Revenue Share, by Products, 2015-2024 48
18 Biscuits Market Volume Share, by Products, 2015-2024 49
19 Switzerland Rich Tea Biscuits Market, 2015-2024: Revenue and Volume Forecast
20 Switzerland Bourbon Biscuits Market, 2015-2024: Revenue and Volume Forecast
21 Switzerland Plain Biscuits Market, 2015-2024: Revenue and Volume Forecast
22 Switzerland Chocolate Coated Biscuits Market, 2015- 2024: Revenue and Volume Forecast
23 Switzerland Filled Biscuits Market, 2015-2024: Revenue and Volume Forecast
24 Switzerland Others Biscuits Market, 2015-2024: Revenue and Volume Forecast
25 By Age Group: Overview 57
26 Switzerland Biscuits Market Revenue Share, by Age Group, 2015-2024 58
27 Switzerland Biscuits Market Volume Share, by Age Group, 2015-2024 59
28 Switzerland 5 – 10 Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
29 Switzerland 11 – 19 Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
30 Switzerland 20 – 30 Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
31 Switzerland 31 – 40 Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
32 Switzerland 41 and Above Age Group Biscuits Market, 2015-2024: Revenue and Volume Forecast
Copyright © Transparency Market Research, Inc. All Rights reserved
Trust Online
Switzerland Biscuits Market
