Global Cookie Industry, Forecast To 2026

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Dublin, December 17, 2021 (GLOBE NEWSWIRE) – The report “Cookie Market – Growth, Trends, COVID-19 Impact and Forecast (2021-2026)” has been added to ResearchAndMarkets.com offer.

The global cookie industry is expected to grow at a CAGR of 7.37% during the forecast period (2021-2026).

The growing number of consumers moving towards healthier alternatives in food consumption, due to the growing concerns over obesity, unhealthy diet and other health issues, which continue to support the growth of the cookies market. worldwide. In addition, product innovations, due to health and wellness concerns, are changing market dynamics on a global scale. An increase in new product offerings by suppliers, using new flavors, safe ingredients and packaging, has sparked consumer interest in cookies.

Key market trends

Growing demand for healthy cookies

The healthy cookies segment includes gluten-free, gluten-free, organic, low-sugar, low-fat, low-carb, and high-fiber digestive cookies. The growing popularity of clean label cookies is expected to change the dynamics of the market as more bakeries work on certification for the NonGMO project. He’s also working on a gluten-free, low-sugar, low-carb line. The growing popularity of low-carb and low-sugar diets in developed economies, like the United States, is driving sales of low-sugar and low-carb cookies. For example, in 2018 Fat Snax, the keto-friendly cookie start-up, launched high-fat, low-carb cookies and sells them in 740 Vitamin Shoppe stores in the United States.

Europe will dominate the global market

The market is dominated by Europe, followed by North America. Countries like Italy and Spain lead the market demand for cookies in Western Europe. Globally, the United States, India and China would be the biggest markets for cookies, with high demand per capita. While the developed regions of North America and Europe hold the majority of the market share, the growth in these regions is clearly lagging behind the projected growth of the market in developing countries. Asia-Pacific is the fastest growing cookie market, given increasing urbanization and increasing consumer disposable income.

Competitive landscape

Large companies in the cookie market rely on innovation in flavor, format and packaging to maintain their competitive position regionally. Market leaders like Mondelez International, Inc. have continued to invest in brand building and product innovations, in order to maintain brand loyalty. In each region, the market is characterized by the presence of several local players and very few major players. New product innovations, launches and expansions in the market, the major players are trying to gain a competitive advantage over other players. Some of the major key players in the cookie market globally include Mondelez International, The Kellogg Company, Parle Products, Grupo Bimbo, SAB de CV, Campbell Soup Company, Britannia Industries Ltd, Kraft Foods, among others.

Key topics covered

1. INTRODUCTION
1.1 Study deliverables
1.2 Study hypotheses
1.3 Scope of the study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market drivers
4.2 Market restrictions
4.3 Porter’s five forces analysis

5 MARKET SEGMENTATION
5.1 By type
5.1.1 Plain and butter-based cookies
5.1.2 Chocolate biscuits
5.1.3 Other cookies
5.2 By distribution channel
5.2.1 Hypermarkets / Supermarkets
5.2.2 Convenience Stores
5.2.3 Specialized retailers
5.2.4 Online retailers
5.2.5 Other distribution channels
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 South America
5.3.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Most active companies
6.2 Most adopted strategies
6.3 Market share analysis
6.4 Company profiles
6.4.1 Mondelez International
6.4.2 The Kellogg Company
6.4.3 Campbell Soup Company
6.4.4 Spoken Products
6.4.5 General Mills, Inc.
6.4.6 Plain cookies
6.4.7 Grupo Bimbo, SAB de CV
6.4.8 PepsiCo, Inc.
6.4.9 Kraft Foods
6.4.10 Britannia Industries Ltd.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information on this report visit https://www.researchandmarkets.com/r/g017r8

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