Market Research Future (MRFR) has published a cooked research report on the “Global Cookies Market” that contains information from 2022 to 2030. The Cookies Market is estimated to register a CAGR of 6.43% during the forecast period of 2022 to 2030.
MRFR recognizes the following companies as the key players in the global Cookies Market— Mondelez International, Britannia Industries, Jiashili Group Limited, Nestle SA, Burton's Biscuit Company, Lotus Bakeries NV, Leibniz-Keks, Kellogg Co, Kraft Foods, Mars Inc. and United Biscuits
Cookies Market Highlights
The global Cookies Market is accounted to register a CAGR of 6.43% during the forecast period and is estimated to reach USD 45.4 Billion by 2030.
The global cookies market refers to the worldwide industry involved in the production, distribution, and sale of cookies. Cookies, also known as biscuits in some regions, are sweet baked treats that are typically consumed as a snack or dessert.
Factors driving the growth of the global cookies market include increasing consumer preference for convenient and indulgent snacks, the availability of a wide variety of flavors and textures, and the popularity of cookies as comfort food.
Segment Analysis
The global Cookies Market has been segmented based on type, packaging and sales channel.
On the basis of type, the market is segmented into bar cookies, molded cookies and rolled cookies. Bar cookies are convenient, easy to pack and store, and have a long shelf-life. They also come in a wide variety of flavors and ingredients, which appeals to consumers with diverse tastes.
Based on packaging, the market has been segmented into rigid and flexible. Rigid packaging is preferred by many manufacturers as it provides protection to the cookies and helps to maintain their freshness, shape, and texture.
Based on sales channel, the market has been segmented into store-based and non-store-based. Supermarkets and hypermarkets, offer a wide variety of products and have a high footfall, making it convenient for consumers to purchase cookies along with other groceries.
Regional Analysis
The global Cookies Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Cookies Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Cookies Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Cookies Market comprises of Middle East, Africa, and Latin America.
North America has a well-established cookies market, with a wide range of flavors and varieties available. The market is driven by factors such as convenience, snacking habits, and indulgence. There is also an increasing demand for healthier options, such as cookies made with natural or organic ingredients, gluten-free cookies, and cookies with reduced sugar content.
Europe has a diverse cookies market with a rich tradition of biscuit consumption. European consumers appreciate traditional flavors, such as butter cookies, shortbread, and gingerbread, as well as premium and gourmet options. The market also reflects the growing demand for healthier alternatives, including whole-grain cookies and those with clean label ingredients.
The cookies market in Asia Pacific is witnessing significant growth due to changing consumer lifestyles, urbanization, and increasing disposable incomes. In this region, there is a preference for unique flavors and textures, and companies often introduce localized variants to cater to specific tastes.
Furthermore, the rest of the world's Cookies Market is divided into the Middle East, Africa, and Latin America. Latin America has a growing cookies market, driven by the region's large population and increasing consumption of packaged snacks. Countries like Brazil and Mexico have significant market potential.
Key Findings of the Study
- The global Cookies Market is expected to reach USD 45.4 Billion by 2030, at a CAGR of 6.43% during the forecast period.
- The cookies market in Asia Pacific is witnessing significant growth due to changing consumer lifestyles, urbanization, and increasing disposable incomes.
- Based on type, the market is segmented into bar cookies, molded cookies and rolled cookies holding the largest market in 2022.
Mondelez International, Britannia Industries, Jiashili Group Limited, Nestle SA, Burton's Biscuit Company, Lotus Bakeries NV, Leibniz-Keks, Kellogg Co, Kraft Foods, Mars Inc. and United Biscuits
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Companies Covered | 15 |
Pages | 110 |
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