Cookies Market Report, Size, Industry Share, Growth and Business Opportunities 2024-2032
The latest report by IMARC Group, titled “Cookies Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the cookies market forecast. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global cookies market size reached US$ 38.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 57.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4.36% during 2024-2032.
Cookies Market Trends:
The global market is primarily driven by the increasing consumer demand for convenient, ready-to-eat snacks, as cookies offer a quick and easy option for busy lifestyles. In line with this, the emerging trend of indulgence and premiumization in the food sector is supporting higher demand for gourmet and specialty cookies made with high-quality ingredients, propelling market expansion.
Furthermore, rising disposable incomes, are contributing to the higher consumption of a wider variety of cookies, including healthier options such as gluten-free and organic varieties. Similarly, the expanding retail networks and the rise of e-commerce platforms is making cookies more accessible to consumers worldwide, further augmenting market demand. Moreover, ongoing innovations in packaging, extending shelf life and improving convenience, are also driving market growth. Likewise, the growing focus on healthier alternatives, such as high-fiber and low-sugar cookies, is meeting the needs of health-conscious consumers, providing an impetus to the market.
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Cookies Market Scope and Growth Analysis:
The scope of the market is extensive, covering a wide range of products, including traditional, organic, gluten-free, and specialty cookies. Market growth is expected to remain strong as consumer preferences for premium and innovative snacks continue to evolve. The market scope is also benefiting from the growing trend of health and wellness, as manufacturers introduce cookies with functional ingredients, such as probiotics and superfoods.
According to market analysis, the rise of private-label brands and competitive pricing strategies in the retail sector are further encouraging growth in the market. The increasing popularity of cookies as a gift item during festivals and celebrations is enhancing seasonal demand in the market. Additionally, product diversification, with brands introducing new flavors and ingredients, is attracting a broader consumer base. Besides this, seasonal product launches and collaborations with popular food chains are driving consumer interest. The market scope is poised for steady expansion, driven by continuous product innovation, and expanding distribution networks.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Ben's Cookies
- Britannia Industries Limited (Wadia Group)
- General Mills Inc.
- Great American Cookies
- Grupo Bimbo S.A.B. de C.V.
- Lotus Bakeries
- Mondelez International Inc.
- Nairns Oatcakes Ltd.
- Pacific Cookie Company
- Parle Products
- UNIBIC Foods India Pvt. Ltd.
- Voortman Cookies
Cookies Market Segmentation:
Our report has categorized the market based on region, ingredient, product, packaging and sales channel.
Breakup by Ingredient:
- Chocolate
- Chocolate Chip
- Oatmeal
- Butter
- Cream
- Ginger
- Coconut
- Honey
- Others
Breakup by Product:
- Drop Cookies
- Bar Cookies
- Molded Cookies
- No-bake Cookies
- Ice Box Cookies
- Rolled Cookies
- Sandwich Cookies
- Others
Breakup by Packaging:
- Rigid
- Flexible
- Others
Breakup by Sales Channel:
- Online Channels
- Offline Channels
Breakup 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, Other)
Key highlights of the report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us:
As a global frontrunner in the field of market research, IMARC Group offers invaluable management strategies and in-depth market intelligence. Our collaborative efforts span multiple industries and geographical regions, where we assist clients in exploring substantial opportunities, overcoming critical challenges, and fostering transformative business processes.
Our information products are tailored to meet the needs of business leaders across various high-tech industries, including pharmaceuticals, biotechnology, and advanced materials. We provide comprehensive market forecasts and industry analyses, focusing on sectors such as biotechnology, advanced materials, pharmaceuticals, food and beverage, as well as innovative fields like nanotechnology and novel processing methods, ensuring our clients are well-prepared to lead in their respective fields.
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