Cookies Market 2018 - Global Industry Size, Analysis, Growth, Opportunity & Forecast Report 2023
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Global Cookies Market was worth USD xx billion in 2017 and estimated to be growing at a CAGR of 5.8%, to reach USD xx billion by 2022. Cookies are a type of bakery product closely resembling a biscuit.
These are mostly sweet in taste and are consumed as a snack on various occasions.
Innovative packaging, new tastes, flavours and shapes and rising health consciousness among consumers are the major drivers of the market.
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Rising consumer indulgence and the good quality ingredients used are further driving the market growth. Increasing urbanisation in developing countries and rise in the disposable incomes fuels the market growth.
However, the extensive competition due to a large number of vendors in the market and high material costs are restraining the market.
The market for Cookies is broadly categorized into ingredient, product type and distribution channel. By ingredient the market is divided into chocolate, chocolate chip, oatmeal, butter, cream, ginger, coconut and honey.
Chocolate cookies account for a major share of the market revenue followed by chocolate chip cookies. Oatmeal cookies are also popular as they are a healthier alternative to the chocolate variants.
By product type the market is classified into bar, drop, fried, molded, no-bake, ice box, rolled, sandwich. Drop cookies are widely consumed but the bar cookies are expected to grow at a fast pace during the forecast period.
By distribution channel the market is segmented into supermarkets and hypermarkets, independent retailers, convenience stores and online sale.On the basis of geography, the market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Cookies market was Europe followed by North America.
Asia Pacific is expected to grow at the highest CAGR.
Some of the major companies dominating the market, by their products and services include Mondelez International, Kellogg Co., Campbell Soup Co., Nestle SA, United Biscuits, PepsiCo, M. Dias Branco, Britannia Industries, Barilla G.
e R. Fratelli, and Arcor U.S.A., Kraft Foods, Thomas Tunnock Limited, Nutrexpa, Paterson Arran Limited.
Some Point from Table of Content:
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
- Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
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