Cookies Market is segmented into Ingredient (Chocolate, Chocolate Chip, Oatmeal, Butter, Cream, Ginger, Coconut, Honey, Other Ingredients), Products (Drop Cookies, Bar Cookies, Molded Cookies, Fried Cookies, No-bake Cookies, Ice Box cookies, Rolled Cookies, Sandwich Cookies, Other Product Types), Sales Channel (Online Channels, Offline Channels), and Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) is expected to reach US$ XX Bn by 2026, at a CAGR of 6.2% during a forecast period.
A key factor driving the growth of the global cookies market is the increasing demand for natural and health-centric products. Customers worldwide are increasingly becoming aware of the health implications of artificial sugar and gluten products. So, the need for cookies that are made of healthy and natural ingredients like dry fruits, nuts, and super food seeds is growing significantly across the world. Consequently, cookie manufacturers are increasingly focusing on using raw and non-GMOs ingredients that proposal higher nutritional value as raw materials for their cookies.
Bar cookies segment is expected to grow at the highest CAGR during the forecast period.
Bar cookies segment generated the largest revenue in 2018. The increasing popularity of these products owing to various health benefits offered by them, for instance improving the blood circulation and functioning of heart health, is the key factor driving the segment.
The Asia Pacific is expected to be the leading region in the Cookies Market during the forecast period.
The Asia Pacific is presumed to be the largest market and is expected to maintain its dominance during the estimated period. The growth is majorly attributed to the presence of major regions like Australia, India, and China which are presumed to drive the global market. Moreover, factors such as agro-climatic zones along with government support to set up manufacturing plants are stimulating the market growth at a rapid pace in this region.
Key players operating the Global Cookies Market are Kraft Foods, Danone Group, MARS, Mondelez International, Nestle SA, Annas Pepparkakor, Nutrexpa, Dali Group, Jiashili Group, Annas pepparkakor AB, Thomas Tunnock Limited, United Biscuits, Arnotts Biscuits Holdings Pty Limited, Burton’s Foods Ltd, Parle Products, Kellogg, PepsiCo, Campbell Soup Company, Pladis, General Mills, Pacific Cookie, Great American Cookies, Boulder Brands, Starbucks, J&M Foods, Aryzta, Voortman Cookies, Ben’s Cookies
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Cookies Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Cookies Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Cookies Market positioning of competitors.
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