Global Cookies Market

Cookies Market Size, Share, Growth Analysis, By Ingredients(Chocolate, Chocolate Chip, Oatmeal, Butter), By Product Type(Drop Cookies, Bar Cookies, Molded Cookies, Fried Cookies), By Packaging Type(Rigid Packaging, Flexible Packaging), By Distribution Channel(Offline Retail (Hypermarkets/Supermarkets, Convenience Stores, Specialist Stores), Online Retail), By Region - Industry Forecast 2024-2031

Report ID: SQMIG30I2366 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 128 | Figures: 77

Cookies Market Insights

Cookies Market size was valued at USD 25.34 billion in 2019 and is poised to grow from USD 27.56 billion in 2023 to USD 45.4 billion by 2031, growing at a CAGR of 6.43% in the forecast period (2024-2031).

A cookie is a little, biscuit-shaped baked good that contains a variety of components, including flour, sugar, nuts, raisins, cashews, and oil, which is eaten as a snack. Cookies are a good source of vitamins, minerals, lipids, and other nutrients. The market offers a vast variety of cookie flavors and shapes.

Cookies are a popular snack all over the world because they include essential nutritional elements such as lipids, vitamins, minerals, and other nutrients. The global cookies market is expected to expand due to the development of new cookie styles and designs, as well as appealing cookie packaging by various manufacturers. The variety of cookie flavors—including oat, raisins, almonds, and chocolate -has increased consumer demand for cookies. People now prefer to eat cookies as snacks due to their growing health benefits. All these factors together contribute to the increasing expansion of the global cookies market over the forecast period.

US Cookies Market is poised to grow at a sustainable CAGR for the next forecast year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Cookies Market size was valued at USD 25.34 billion in 2019 and is poised to grow from USD 27.56 billion in 2023 to USD 45.4 billion by 2031, growing at a CAGR of 6.43% in the forecast period (2024-2031).

To keep up with regional competition, major cookie producers are depending on flavor, format, and packaging innovation. Market leaders like Mondelez International, Inc. have kept up their investments in product developments and brand development to maintain customer loyalty. The market in each region is defined by the existence of several local players and a very small number of large firms. Key firms are attempting to outdo rivals by launching and expanding new products, innovating existing products, and expanding their markets. 'Mondelez International', 'Kellogg Co', 'Nestle SA', 'PepsiCo Inc.', 'Campbell Soup Company', 'Parle Products Pvt. Ltd.', 'Britannia Industries Limited', 'ITC Limited', 'Lotus Bakeries NV', 'The Hershey Company', 'MARS Inc.', 'United Biscuits (UK) Limited', 'Burton's Biscuit Company', 'Arnott's Biscuits Holdings Pty Limited', 'Griesson - de Beukelaer GmbH & Co. KG', 'Bahlsen GmbH & Co. KG', 'Dali Food Group Co. Ltd.', 'Haas Food Equipment GmbH', 'Danone S.A.', 'McKee Foods Corporation'

Growing number of tea and coffee establishments all across the globe: A major factor in the expansion of the cookie market is the rise in the number of tea and coffee shops, which increases consumer demand for cookies. The Food and Agriculture Organization of the United Nations reports that the global tea sector has experienced tremendous expansion due to an increase in consumers worldwide. Along with this, the world population's rising standard of living also contributes to the expansion of the worldwide cookies market.

Increasing popularity and demand for healthy cookies: Due to the rise in chronic diseases, consumers worldwide are becoming more health conscious and gravitating toward gluten-free cookies. One of the main trends expected to propel the growth of the cookies market is the focus on the introduction of healthier oatmeal raisin cookies and snickerdoodles with natural flavors. In comparison to chocolate and chocolate chip cookies, oatmeal cookies are healthier. This is especially important for health-conscious customers who place a high value on products that fit their active lifestyle.

Based on the region, the European region currently dominates the global cookies market with respect to market share and it is predicted to have the highest share over the forecast period, due to the volume of confectionary items produced and exported to other nations. Approximately 2 million tonnes of the region's annual confectionery production are exported outside the European Union, according to Chocolate Biscuit and Confectionery of Europe (CAOBISCO). The demand for gluten-free cookies is also rising as concerns regarding lactose intolerance and other glutamic problems grow in developed European nations. Another significant driver of the region's increasing demand for cookies is the rise in per capita income, which has led to the increase in the purchasing capacity of consumers in that region. The market for cookies in the area is expected to develop as a result of all these factors.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Candles Market
Buy Now GET FREE SAMPLE
Snacks Market
Buy Now GET FREE SAMPLE
Chocolate Market
Buy Now GET FREE SAMPLE
Bakery Products Market
Buy Now GET FREE SAMPLE
Butter Market
Buy Now GET FREE SAMPLE
Scented Candles Market
Buy Now GET FREE SAMPLE
Ice Cream Market
Buy Now GET FREE SAMPLE
Jellies and Gummies Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Cookies Market

Report ID: SQMIG30I2366

$5,300
BUY NOW GET FREE SAMPLE