The Cookies Market is being driven by Growing emphasis on product premiumization
The Cookies Market is expected to grow at a CAGR of 7.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 32.33 billion. In the cookie market, there is a growing trend towards clean labeling, which involves using recognizable and pronounceable ingredients in food products. This trend is driven by increasing consumer awareness and regulatory requirements in countries such as the US, the UK, and Germany. By streamlining the production process and utilizing a minimal number of ingredients, manufacturers can cater to this demand while ensuring that consumers perceive these ingredients as healthy and wholesome. This approach not only enhances product transparency but also builds consumer trust and loyalty. The use of clean labeling in the cookie industry is expected to continue gaining momentum as consumers become more health-conscious and demand greater transparency from food manufacturers.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
203 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.3% |
Market growth 2025-2029 |
USD 32.33 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
6.4 |
Key countries |
US, Canada, China, India, Brazil, Japan, Germany, UK, France, South Korea, UAE, Rest of World (ROW), US, Canada, China, India, Brazil, Japan, Germany, UK, France, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Cookies Market is currently experiencing a frenzy, with 'Cookie Craze' and 'Cookie Culture' at an all-time high. Customers are demanding personalized orders and cookie decorating classes. Cookie-making kits, subscription boxes, bars, sandwiches, bites, clusters, truffles, and various cookie types like butter, crumbs, and recipes are popular. History, traditions, and international varieties add to the excitement. Healthier options, such as low-sugar, high-fiber, whole grain, plant-based, protein, keto, paleo, sugar-free, and no-bake cookies, are also in demand. Gluten-free baking mixes and vegan baking supplies cater to specific dietary needs. Packaging trends include sustainable, eco-friendly cookie boxes and biodegradable wrappers. Marketing campaigns continue to promote these delicious treats.
The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and increase product longevity. According to Technavio, the market's size is determined by the consolidated revenue of participating businesses. This market excludes food processing equipment manufacturers and packaged beverage producers, including alcoholic and non-alcoholic beverages. Factors fueling the market's expansion include the health benefits linked to minimally processed foods, such as Chocolate Chip Cookies, Sugar Cookies, Oatmeal Cookies, Shortbread Cookies, Gingerbread Cookies, Peanut Butter Cookies, Gourmet Cookies, and Artisan Cookies, which are rich sources of essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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