Cookies Market to grow at a CAGR of 5.81% from 2022 to 2027; The rising demand for healthy cookies drives the market growth -Technavio

NEW YORK, June 25, 2023 /PRNewswire/ -- According to Technavio, the cookies market size is estimated to grow by USD 22.44 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 5.81% during the forecast. Download a Sample Report now!

Information Services Market Insights -

• Vendors: 15+, Including Arcor Group, Bahlsen GmbH and Co. KG, Barilla G. e R. Fratelli Spa, Billys Farm, Biscuit Holding SAS, Britannia Industries Ltd., Campbell Soup Co., Deweys Bakery Inc., Emmys Organics LLC, FUEL10K Ltd., ITC Ltd., Kellogg Co., Nestle SA, Parle Products Pvt. Ltd., PepsiCo Inc., PT Mayora Indah Tbk, Starbucks Corp., UNIBIC Foods India Pvt. Ltd., Yildiz Holding AS, and Mondelez International Inc.  among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Product (Plain and butter-based cookies, Chocolate-based cookies, and Other cookies), distribution channel (Offline and Online), and geography (North America, APAC, Europe, South America, and Middle East and Africa)

To understand more about the information services market, request a Free sample report

Cookies market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including - Arcor Group, Bahlsen GmbH and Co. KG, Barilla G. e R. Fratelli Spa, Billys Farm, Biscuit Holding SAS, Britannia Industries Ltd., Campbell Soup Co., Deweys Bakery Inc., Emmys Organics LLC, FUEL10K Ltd., ITC Ltd., Kellogg Co., Nestle SA, Parle Products Pvt. Ltd., PepsiCo Inc., PT Mayora Indah Tbk, Starbucks Corp., UNIBIC Foods India Pvt. Ltd., Yildiz Holding AS, and Mondelez International Inc.

Cookies Market – Market Dynamics

Major Drivers - 

The rising demand for healthy cookies is notably driving the cookies market growth. Consumers are becoming more health-conscious and are opting for healthier food options with the increase in the prevalence of chronic diseases. Vendors are offering different new products, with unique flavours, safe ingredients, and packaging. The increasing priority on healthy eating will expand the demand for low-calorie cookies. However, manufacturers also include oats and other digestive fibres in their products. In developed economies such as the US, low-carb and low-sugar diets are becoming popular. The preference for gluten-free cookies is growing among consumers with the increasing prevalence of celiac disease in the world population. According to The Celiac Disease Foundation, about 1.4% of people across the world have celiac disease based on blood testing. About one-third of the population in the US carries the gene variant that causes celiac disease. Patients with celiac disease have to follow a strict gluten-free diet. Such factors are anticipated to boost the demand for gluten-free cookies, which, in turn, will drive the growth of the global cookies market during the forecast period.

Significant Trends - 

The rising popularity of clean-labelled cookies is an emerging trend shaping the Cookies Market. Clean labelling defines food products with ingredients that are easy to identify. many nations have adopted strict regulations to provide product formulation and labelling transparency, with the increasing consumer understanding about the health impact of different ingredients. However, manufacturers are ensuring that the ingredients in their products are recognized and perceived as healthy by customers. For instance, Orgtree offers millet cookies that contain iron, magnesium, phosphorous, and potassium. Customer awareness about the health implications of different ingredients is rising. Thus, many countries are implementing stringent regulations to ensure transparency in product formulation and labelling. Therefore, manufacturers are expected to adopt clean labelling formulas for cookie production during the forecast period and such factors will support market growth during the forecast period. 

KEY challenges - 

The lack of organized retail distribution channels in developing markets may hinder the Cookies Market growth. Generally, developing countries lack established retail distribution channels for cookies and confectionery products. This restricts efficiency with respect to the overall domestic distribution of cookies in developing countries such as India, Nigeria, and Brazil. These nations have price-sensitive customers, particularly in rural areas. The distribution network of these nations is mostly unstructured, and global brands face aggressive competition from local companies. In developing countries, cookies are low-priced products. Therefore, they offer limited profit margins across the distribution value chain. The Goods and Services Tax (GST) was implemented in India on July 2017, to address transportation and distribution challenges that affect the pricing of products manufactured in the country. However, the inclusion of cookies in the 18% tax bracket negatively impacted established market players' retail distribution. Countries such as China and Brazil are emerging as key exporters of cookie products. However, cookie distribution in these countries is differentiated based on price. Distribution issues and low penetration in rural areas of developing countries may restrict the market growth during the forecast period.

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The cookies market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why Buy?

• Add credibility to strategy
• Analyzes competitor's offerings 
• Get a holistic view of the market

Grow your profit margin with Technavio- Buy the Report

What are the key data covered in this Cookies Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the cookies market between 2023 and 2027
• Precise estimation of the cookies market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Growth of the cookies market industry across North America, APAC, Europe, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of cookies market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports: 

The sweet biscuit market size is expected to increase by USD 26.58 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.13%. This report extensively covers sweet biscuit market segmentation by distribution channel (offline and online) and geography (Europe, North America, APAC, South America, and Middle East and Africa). One of the key factors driving growth in the sweet biscuit market is the growing preference for healthy biscuits.

The gluten-free bakery market size is estimated to grow at a CAGR of 10.2% between 2022 and 2027. The market size is forecast to increase by USD 1,326.19 million. This gluten-free bakery market report extensively covers market segmentation by product (bread, biscuits and cookies, and others), distribution channel (offline stores and online stores), and geography (North America, Europe, APAC, South America, and Middle East and Africa). Rising awareness about the health benefits of gluten-free food is the key factor driving the growth of the global gluten-free bakery market.

Table of contents 

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global cookies market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global cookies market 2017 - 2021 ($ billion)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Plain and butter-based cookies - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Plain and butter-based cookies - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Plain and butter-based cookies - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Plain and butter-based cookies - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Plain and butter-based cookies - Year-over-year growth 2022-2027 (%)

• 6.4 Chocolate-based cookies - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Chocolate-based cookies - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Chocolate-based cookies - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Chocolate-based cookies - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Chocolate-based cookies - Year-over-year growth 2022-2027 (%)

• 6.5 Other cookies - Market size and forecast 2022-2027
• Exhibit 42: Chart on Other cookies - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Other cookies - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Other cookies - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Other cookies - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product 
• Exhibit 46: Market opportunity by Product ($ billion)
• Exhibit 47: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 48: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 50: Chart on Comparison by Distribution Channel
• Exhibit 51: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 52: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 56: Chart on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 58: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 60: Market opportunity by Distribution Channel ($ billion)
• Exhibit 61: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Canada - Market size and forecast 2022-2027
• Exhibit 91: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027
• Exhibit 103: Chart on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ billion)
• Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Barilla G. e R. Fratelli Spa 
• Exhibit 115: Barilla G. e R. Fratelli Spa - Overview
• Exhibit 116: Barilla G. e R. Fratelli Spa - Business segments
• Exhibit 117: Barilla G. e R. Fratelli Spa - Key offerings
• Exhibit 118: Barilla G. e R. Fratelli Spa - Segment focus

• 12.4 Britannia Industries Ltd. 
• Exhibit 119: Britannia Industries Ltd. - Overview
• Exhibit 120: Britannia Industries Ltd. - Product / Service
• Exhibit 121: Britannia Industries Ltd. - Key offerings

• 12.5 Campbell Soup Co. 
• Exhibit 122: Campbell Soup Co. - Overview
• Exhibit 123: Campbell Soup Co. - Business segments
• Exhibit 124: Campbell Soup Co. - Key offerings
• Exhibit 125: Campbell Soup Co. - Segment focus

• 12.6 Deweys Bakery Inc. 
• Exhibit 126: Deweys Bakery Inc. - Overview
• Exhibit 127: Deweys Bakery Inc. - Product / Service
• Exhibit 128: Deweys Bakery Inc. - Key offerings

• 12.7 Emmys Organics LLC 
• Exhibit 129: Emmys Organics LLC - Overview
• Exhibit 130: Emmys Organics LLC - Product / Service
• Exhibit 131: Emmys Organics LLC - Key offerings

• 12.8 FUEL10K Ltd. 
• Exhibit 132: FUEL10K Ltd. - Overview
• Exhibit 133: FUEL10K Ltd. - Product / Service
• Exhibit 134: FUEL10K Ltd. - Key offerings

• 12.9 ITC Ltd. 
• Exhibit 135: ITC Ltd. - Overview
• Exhibit 136: ITC Ltd. - Business segments
• Exhibit 137: ITC Ltd. - Key offerings
• Exhibit 138: ITC Ltd. - Segment focus

• 12.10 Kellogg Co. 
• Exhibit 139: Kellogg Co. - Overview
• Exhibit 140: Kellogg Co. - Business segments
• Exhibit 141: Kellogg Co. - Key news
• Exhibit 142: Kellogg Co. - Key offerings
• Exhibit 143: Kellogg Co. - Segment focus

• 12.11 Mondelez International Inc. 
• Exhibit 144: Mondelez International Inc. - Overview
• Exhibit 145: Mondelez International Inc. - Business segments
• Exhibit 146: Mondelez International Inc. - Key news
• Exhibit 147: Mondelez International Inc. - Key offerings
• Exhibit 148: Mondelez International Inc. - Segment focus

• 12.12 Nestle SA 
• Exhibit 149: Nestle SA - Overview
• Exhibit 150: Nestle SA - Business segments
• Exhibit 151: Nestle SA - Key news
• Exhibit 152: Nestle SA - Key offerings
• Exhibit 153: Nestle SA - Segment focus

• 12.13 Parle Products Pvt. Ltd. 
• Exhibit 154: Parle Products Pvt. Ltd. - Overview
• Exhibit 155: Parle Products Pvt. Ltd. - Product / Service
• Exhibit 156: Parle Products Pvt. Ltd. - Key offerings

• 12.14 PepsiCo Inc. 
• Exhibit 157: PepsiCo Inc. - Overview
• Exhibit 158: PepsiCo Inc. - Business segments
• Exhibit 159: PepsiCo Inc. - Key news
• Exhibit 160: PepsiCo Inc. - Key offerings
• Exhibit 161: PepsiCo Inc. - Segment focus

• 12.15 Starbucks Corp. 
• Exhibit 162: Starbucks Corp. - Overview
• Exhibit 163: Starbucks Corp. - Business segments
• Exhibit 164: Starbucks Corp. - Key news
• Exhibit 165: Starbucks Corp. - Key offerings
• Exhibit 166: Starbucks Corp. - Segment focus

• 12.16 UNIBIC Foods India Pvt. Ltd. 
• Exhibit 167: UNIBIC Foods India Pvt. Ltd. - Overview
• Exhibit 168: UNIBIC Foods India Pvt. Ltd. - Product / Service
• Exhibit 169: UNIBIC Foods India Pvt. Ltd. - Key offerings

• 12.17 Yildiz Holding AS 
• Exhibit 170: Yildiz Holding AS - Overview
• Exhibit 171: Yildiz Holding AS - Product / Service
• Exhibit 172: Yildiz Holding AS - Key news
• Exhibit 173: Yildiz Holding AS - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist 
• Exhibit 174: Inclusions checklist
• Exhibit 175: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 176: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 177: Research methodology
• Exhibit 178: Validation techniques employed for market sizing
• Exhibit 179: Information sources

• 13.5 List of abbreviations 
• Exhibit 180: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio