Cookies Market Size, Industry Demand, Growth Analysis, Top
According to the latest report by IMARC Group, titled “Cookie Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global cookie market size is expected to show a CAGR of 5.30 % in 2022-2027. . Cookies are baked or baked snacks or desserts that are usually small and flat and sweet in taste. It is made from several ingredients including sugar, flour, eggs, butter, fat and oil. It also contains other components, such as oats, raisins, walnuts, chocolate chips and walnuts. Some commonly available cookies are pressed, rolled, no-bake, molded, sandwich, and low fat. Nowadays, cookies are available in bakeries, pastry shops, confectioneries, cafes, supermarkets and hypermarkets and online shops.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Global cookie market trends:
One of the major market drivers is the growing demand for convenient food products, along with changing consumer food preferences. Additionally, there has been an increasing adoption of packaged ready-to-eat (RTE) foods due to busy work schedules and sedentary lifestyles of consumers. Along with this, as cookies are considered a quick and convenient source of energy and food, they are gaining popularity all over the world. Also, due to the sudden outbreak of the coronavirus disease (COVID-19) and the increasing number of people working from home, the sales of baked goods like cookies have increased significantly. In this light, the rapid urbanization and the increasing number of bakeries and confectioneries offering many varieties of cookies create a positive market outlook. Apart from this, the growing trend of cafes and casual outings has led to the widespread adoption of cookies as a light snack paired with hot beverages including coffee and tea. Moreover, the growing health awareness of individuals has encouraged key players to focus on introducing several low-calorie, gluten- and lactose-free, and high-fiber product variants. They are also adopting innovative packaging solutions and introducing unique flavors, such as buttercream, pineapple, oats, and raisins, to gain a competitive edge in the market. Other growth factors include the use of robotic technology in baking processing, the growing popularity of personalized cookies, and the ease of product access.
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Analysis and segmentation of the global cookies market 2022-2027:
Competitive landscape with key players:
• Britannia Industries Limited (Wadia Group)
• General Mills Inc.
• Large American cookies
• Grupo Bimbo SAB de CV
• Lotus Bakeries
• Mondelez International Inc.
• Nairns Oatcakes Ltd.
• Pacific Cookie Company
• Spoken Products
• Foods UNIBIC India Pvt. ltd
• Voortman cookies
Breakdown by ingredient:
• Chocolate Chip
Breakdown by product:
• Drop cookies
• Cookies bar
• Molded cookies
• Cake without cooking
• Iced cookies
• Rolled cookies
• Sandwich cookies
Breakdown by packaging:
Breakdown by sales channel:
• Online channels
• Offline channels
Breakdown by region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.
Other reports from the IMARC group:
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