Posted March 26, 2019 12:18:16 The U,S.
has announced a $600-million commitment to a biscuit plant that processes the powdered and baked products of the biscuit industry.
The commitment comes as President Donald Trump’s administration continues to explore ways to boost domestic production of the soft-and-sour biscuit and other baked goods.
According to a release, the biscut plant, called Biscuit Processing and Sales, is expected to produce more than 1.2 million pounds of biscuits a year by 2019, the bulk of which will be sold to restaurants, bakeries and other businesses in the U.K., Australia, Canada, South Africa and other countries.
Biscuit production is currently driven by the U-shaped biscuit, a small bag made with flour and sugar that is sold at convenience stores, bakerys and grocery stores.
The U-shape biscuit is one of the few products that has been largely unaffected by the trade war.
“The U-sized biscuit has continued to grow in popularity, despite its relative scarcity,” said the statement.
“Its popularity is likely driven by its low cost and high nutritional value.
As the biscuts market has become more competitive, the U has continued its dominance, with some estimates projecting its market share to be 25% in 2020.”
The Biscuits for America Association, which represents more than 3,000 U. S. biscuit manufacturers, called the investment a “good start” but said the U would need to continue to invest to expand production.
“(The commitment) will help support the BFAA to ensure that Biscut Processing and Sourcing continues to produce biscuits that are the highest quality and are consumed at the highest rates in the world,” the association said in a statement.
Crispy, soft and savory biscuits have become a popular snack food in the United States, especially in the summer months.
Last year, the National Restaurant Association reported that U. the biscuits were a top five food item among Americans in 2016.
In 2019, Biscure Processors, a biscut processor based in Florida, was the most-visited biscuit company, according to the release.
U.S.-based biscuit processors also make doughnuts, pretzels, bread dough and other products for restaurants and grocery chains.