Booming Cookie Market With Strong Growth Prospects Due To Rising Popularity Of Products Containing Digestive Ingredients And Oats Through 2025 | Millions of information
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According to a new report available with Million Insights, the global cookie industry is expected to experience increased growth due to the increasing popularity of snack products like cookies due to the benefit like on-the-go consumption, over the course of the year. planned period, 2019 to 2025.
The Global cookies market The size is expected to grow to $ 44.01 billion by 2025, according to a new report from Million Insights. The growing popularity of snack products like cookies due to the advantage like on-the-go consumption is the major growth factor of the market during the forecast period, 2019 to 2025. Further, the increase in the Preference for Gluten Free Cookies Due to Increasing preference for health awareness among consumers is expected to drive the market growth during the forecast period.
Growing urbanization along with increasing level of disposable income among the working population in emerging economies of India and China are leading the growth of the market. In addition, the growing preference for packaged foods due to the flexibility of having them while traveling or performing any other task acts as a major driver.
To download the PDF sample of the “Cookie Market Report”, please click here: https://www.millioninsights.com/industry-reports/global-cookies-market/request-sample
As the demand for such cookies continuously increases in developed regions, manufacturers have started to develop new techniques to maximize production with minimum cost. They also started to invest more in R&D to develop a variety of products using various flavors and ingredients according to consumer demands. They are also focusing on the creation of attractive packaging to attract small consumers. These factors are expected to propel the growth of the cookies market during the forecast period.
The increase in healthy eating habits among millennials is expected to increase the demand for oats and digestive cookies in the years to come. This trend is expected to drive demand for these cookies in developed and developing regions around the world. Manufacturers have also started to respond to regional consumer demands based on their individual tastes and willingness to spend on such products. Thus, the cookie market is expected to increase in the coming years.
To browse the report summary and detailed table of contents, please click on the link below:
Other key findings from the report suggest:
â¢ The biscuit bars segment has dominated the market and is expected to continue to dominate during the forecast period, 2019 to 2025 due to its growing demand across the world.
â¢ The online distribution channel segment occupied a market share of over 19.8% and is expected to register the fastest growth rate during the forecast period. This is becoming possible due to the growing preference of millennials for using e-commerce websites.
â¢ In 2018, the North America region recorded sales of USD 10.42 billion due to the increasing preference for these products among consumers of all age groups.
â¢ The developing APAC region is expected to register a demand for more than 25% of the global cookie market by 2025. The growing population and increasing disposable income are the responsible factors.
â¢ The development of products using various fruit extracts and chocolate should remain the key strategy of manufacturers to stimulate the sale of their products.
Million Insights has segmented the global cookie market on the basis of product, distribution channel and region:
Cookies Product Outlook (Revenue, Billions USD, 2015 – 2025)
Cookie Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)
â¢ In line
Cookies Regional Outlook (Revenue, Billions USD, 2015 – 2025)
â¢ North America
â¢ Asia Pacific
â¢ Central and South America
â¢ Middle East and Africa
â¢ South Africa
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