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Global Cookies Market Outlook, 2027

Global Cookies Market Outlook, 2027

Bonafide Research 30-11-2022 165 Pages Figures : 38 Tables : 84
Region : Global Category : Food & Beverages Food

1. Britannia Industries Limited

2. McCain Foods (India) Private Limited

3. Nestle SA

4. The Kraft Heinz Company

5. Unibic Foods India Private Limited

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Cookie is a bakery product which is a sweet biscuit having a chewy texture, fairly soft and typically containing pieces of chocolate, fruit or nuts in it to enhance the taste. The fresh baked cookies are sold at bakeries and the factory-made cookies are sold at convenience stores and the sales mediums. The availability of a wide variety of cookies as a snack for consumers is one the major driving factors for the cookie market. It is a ready-to-use product and can be consumed at any time during the day. It is also available in different flavors, sizes, prices, or quantities and with attractive packaging which makes it convenient to store and carry.

According to the report titled, “Global Cookies Market Outlook, 2027”, published by Bonafide research, the market was valued at more than USD 35 Billion in 2021 and it is anticipated to grow with a CAGR of 5.08% from 2022 to 2027, reaching USD 48 Billion. As the lifestyle of people is becoming fast, people are demanding food products which are mostly ready-to-eat, as it saves them time. Also, with the growth of the bakery market, the cookie market is also growing along with it, as it’s a part of the bakery market. The bakery market has been divided into the following parts as per the product segment, i.e. Bar Cookies, Sandwich Cookies, Molded Cookies, Pressed Cookies, Rolled Cookies and Others Cookies (Drop Cookies, No-bake Cookies, Refrigerator Cookies, Ice Box Cookies, etc.). The ways of preparation of different cookie products are different and are shaped in different forms, which give them a different taste and appearance. The product which is dominating the cookies market is Bar Cookie with more than 30% of the market share of the total cookies market. There are various types of packing done in the cookies market. According to the report the packing which is considered are flexible packing, rigid packing and other packing. 

Cookies Market
As per the distribution channel, the cookies market has been bifurcated into five types, which are supermarket & hypermarket, convenience store, speciality store, e-commerce/online and others. Among all these distribution channels, supermarkets & hypermarkets are dominating the cookies market with more than 45% of the total market currently. As it is used as a ready-to-eat food product and is purchased when needed, the most convenient mode of distribution channel for it is specialty stores and retailers, where different types of cookies can also be available. There are regions considered in the report, which are North America, Europe, Asia Pacific, South America and Middle East & Africa. The Asia Pacific region is forecasted to have the highest CAGR in the forecasted period among all the regions, and also gaining the market shares in the forecasted period. The forecasted CAGR of the Asia Pacific region in the forecasted period would be more than 6%. The region which is dominating the cookie market currently is North America with higher market share followed by Europe.

Covid-19 Impacts:
In 2020, the outbreak of COVID-19 disrupted the world economy. The pandemic has adversely affected all the major industries of all the regions. Stringent lockdown restrictions across the region and shut down of manufacturing lines by key vendors hampered the growth of the market. The import and export ban imposed in several countries led to the disruption of the supply chain market. The domestic supply chain disruption caused due to the transportation restrictions and shutdown of distribution channels impacted the sales and revenue of the cookies market. Supermarkets and retail stores faced a shortage of the product due to initial panic buying and later due to the shutdown.

Recent Developments
• Mondelez International, Inc has launched Cadbury Chocobakes cookies to deliver a unique and delightful experience for young customers and to empower consumers by providing them with more choices and innovative eating experiences, in January 2020.
• The Ferrero Group and its related companies (“Ferrero”), a global confectionary group, acquired the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses from Kellogg Company for $1.3 billion, in April 2019.
• Mondel?z International, Inc. completed the acquisition of Chipita Global S.A., a leading company in the croissants and baked snacks category in the Central and Eastern European region, in January 2022.
• Grupo Bimbo SAB de CV acquired of Emmy’s Organics, which is a producer of ultra-premium organic cookies, in July 2021.

Major Companies present in the market:
Nestle SA, PepsiCo, Inc., MARS, Mondelez International, Inc., The Kraft Heinz Company (Berkshire Hathway and 3G Capital), General Mills , Grupo Bimbo, Kellog Co., The Ferrero Group, Danone S.A., Campbell Soup Co., Barilla G. e R. Fratelli S.p.A, Jiashili Group, Tiffany (IFFCO), Lotus Bakeries, Bahlsen GmbH and Co. KG (The Bahlsen family), United Biscuits (UK) Limited Co. (Pladis global), Britannia Industries, UNIBIC Foods India Pvt. Ltd., Arcor U.S.A. Inc.

Considered in this report
• Geography: Global
• Historic year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• Global Cookies market with its value and forecast along with its segments
• Region-wise cookies market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Regions covered in the report
• North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Spain , Italy, Russia)
• Asia-Pacific (China, Japan, India, Australia, South Korea)
• South America (Brazil, Argentina, Colombia)
• Middle-East & Africa (UAE, Saudi Arabia, South Africa)

By Product
• Bar Cookies
• Sandwich Cookies
• Molded Cookies
• Pressed Cookies
• Rolled Cookies
• Others Cookies (Drop Cookies, No-bake Cookies, Refrigerator Cookies, Ice Box Cookies, etc.)

By Packing
• Flexible Packing
• Rigid Packing
• Other Packing

By Distribution Channel
• Hypermarkets/Supermarkets
• Specialty Stores & Retailers
• Online Retailers
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Cookies industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.



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