The Role of Biscuits in Foodservice and Quick Service Restaurants Industry Demand and Trends

The Role of Biscuits in Foodservice and Quick Service Restaurants Industry Demand and Trends

Introduction

Biscuits have long been a staple in the foodservice industry, particularly in quick-service restaurants (QSRs). These flaky, buttery treats are versatile, delicious, and popular among consumers of all ages. In this report, we will delve into the role of biscuits in the foodservice and QSR industry, examining the demand for these baked goods and the trends that are shaping their popularity.

Current Demand for Biscuits

The demand for biscuits in the foodservice industry remains strong, with consumers craving these comfort foods for breakfast, lunch, and dinner. According to a report by Statista, the revenue in the Biscuit segment is projected to reach US$117,919m in 2022, with an annual growth rate of 3.2% from 2022 to 2025. This data indicates a steady demand for biscuits in the foodservice sector, driven by consumer preferences for convenient, tasty options.

Key Players in the Biscuit Market

Several key players dominate the biscuit market, supplying QSRs and foodservice establishments with a variety of options to meet consumer demand. Companies such as Mondelez International, PepsiCo, Kellogg Company, and General Mills are leading manufacturers of biscuits, offering a wide range of flavors and styles to cater to different tastes and preferences. These companies invest heavily in research and development to innovate new biscuit products and stay ahead of industry trends.

Trends Shaping the Biscuit Industry

Several trends are shaping the biscuit industry in the foodservice and QSR sectors. One significant trend is the focus on health and wellness, with consumers seeking biscuits that are made with natural ingredients, lower in sugar, and free from artificial additives. Companies are responding to this trend by introducing healthier biscuit options, such as whole grain varieties or gluten-free options, to meet consumer demands for better-for-you products.
Another trend driving the biscuit industry is the demand for convenience and on-the-go snacking options. With busy lifestyles and an increasing preference for grab-and-go foods, QSRs are offering biscuits in portable formats, such as breakfast sandwiches or biscuit bites, that cater to consumers looking for quick, satisfying snacks. This trend is driving innovation in packaging and product development to make biscuits more accessible and convenient for consumers.

Impact of COVID-19 on Biscuit Demand

The COVID-19 pandemic has had a significant impact on the foodservice industry, including the demand for biscuits. With lockdowns, restrictions on dining out, and a shift towards delivery and takeout services, QSRs have had to adapt their menus and offerings to meet changing consumer preferences. Biscuits have remained a popular choice for consumers looking for comfort foods during uncertain times, with many QSRs expanding their biscuit offerings to meet this demand.

Future Outlook for Biscuits in the Foodservice Industry

Looking ahead, the future outlook for biscuits in the foodservice industry remains positive, with continued demand for these versatile baked goods. As consumer preferences evolve and trends in health, convenience, and flavor continue to shape the industry, companies will need to innovate and adapt to meet changing demands. By staying ahead of trends, investing in product development, and catering to consumer needs, biscuit manufacturers and QSRs can continue to thrive in the competitive foodservice market.
In conclusion, biscuits play a crucial role in the foodservice and quick-service restaurants industry, with a steady demand driven by consumer preferences for convenience, taste, and variety. Companies that stay attuned to industry trends, invest in innovation, and cater to changing consumer needs will be well-positioned to capitalize on the continued popularity of biscuits in the foodservice sector.