Cookies Market Size 2022 with Growth Rate of Top Competitor along Regional Investment till 2027
Research Reports
Apr 22, 2022
Market Overview
A cookie is defined as a small, flat baked food made from flour, sugar, and oil or fat. A report on cookies market studied by Market Research Future (MRFR), states that this market could improvement during forecast period of 2022 and 2027.
The global cookies market growth includes increasing number of cafes across the world, preference for light snacks with hot beverages, portability of cookies, and easy storage. Other factors aiding the market growth include changing lifestyle, latest technologies for production, increasing demand for gluten-free cookies, innovative packaging, variety of flavors, and rising health consciousness among the consumers. The growing competition between organized sectors and scattered, unorganized sectors can also boost the market growth. However, increasing price of raw materials can hamper market growth.
Key Players
Prominent players in the global cookies market include Britannia Industries (India), Burton’s Biscuit Company (UK), Jiashili Group Limited (Hong Kong), Kellogg Co (USA), Kraft Foods (USA), Leibniz-Keks (Germany), Lotus Bakeries NV (Belgium), Mars Inc. (USA), Mondel?z International (USA), Nestlé SA (Switzerland), United Biscuits (UK), and Want Want Group (Taiwan).
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Market Segmentation
The global cookies market segmentation encompasses the type., packaging, distribution channel. The market explores various facets of the market in-depth by MRFR.
Based on the distribution channel, the cookies market can be segmented into store-based distribution channel and non-store-based distribution channel. Store-based distribution involves retail stores where cookies can be purchased from. Non-store-based distribution involves purchase from online stores by making payment and placing an order via the internet.
The packaging-based segmentation of the cookies market covers flexible packaging, rigid packaging, and others. In the coming years, the rigid packaging segment can dominate the market as it is adopted for exotic cookies.
By type, the market has been segmented into bar cookies, molded cookies, rolled cookies, and others. Usually, bar cookies are freshly baked cookies that are sold in bakeries and through online retail. The increase in demand for fresh cookies can increase the demand for bar cookies.
Regional Segmentation
The regional review of the cookie market is segmented key regional markets of Europe, Asia Pacific, North America, and other vital regional markets. The Asia Pacific is the leading regional market for cookies. The national markets in India, Australia, and China, are driving the cookie market in the Asia Pacific region. Furthermore, the government backing to set up manufacturing plants and influences such as agro-climatic zones are stimulating the cookie market growth in these countries. The North American cookie market is the next prime region in the cookie market, shadowed by the regional market in Europe. The U.K and Germany are the key nations that are controlling the European regional cookie market.
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Latest Industry News
- Oreo is planning to launch its 2019 Halloween and Christmas Cookies very soon. This would give them a head-start for the festive season and they can rely on their brand value for promotional activities. 7 AUG 2019
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