Global Cookies Market 2019-2023 | Rising Popularity of Clean Labeled Cookies to Boost Growth | Technavio

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The global cookies market is expected to post a CAGR of more than 6% during the period 2019-2023, according to the latest market research report by Technavio.

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Technavio has published a new market research report on the global cookies market from 2019-2023. (G ...

Technavio has published a new market research report on the global cookies market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the global cookies market is the rising demand for natural and health-centric products. Consumers worldwide are increasingly becoming aware of the health implications of artificial sugar and gluten products. Thus, the need for cookies that are made of healthy and natural ingredients such as dry fruits, nuts, and superfood seeds is increasing significantly across the world. As a result, cookie manufacturers are increasingly focusing on using raw and non-GMOs ingredients that offer higher nutritional value as raw materials for their cookies. Hence, this shift in consumer perception of cookies from conventional food to a nutritious snack will increase the demand for natural and health-centric products, thereby, fueling the growth of the cookies market during the forecast period.

As per Technavio, the rising popularity of clean labeled cookies will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global cookies market 2019-2023 research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.

Global cookies market: Rising popularity of clean labeled cookies

With growing consumer awareness about the health implications of different ingredients, many countries such as the US, the UK, and Germany are adopting stringent regulations to ensure transparency in product formulation and labeling. As a result, the cookies market is witnessing a growing trend of clean labeling that simplifies the production process of cookies by using as few ingredients as possible. Moreover, manufacturers are using minimal ingredients while ensuring that these ingredients are recognized and perceived as wholesome by consumers.

The cookies market has been witnessing a period of consolidation over the past few years. A number of established international market players have been emphasizing on M&A activities to widen their product portfolios, production capabilities, and market outreach. Thus, the rising trend of consolidation will result in established players further expanding their product volumes and capturing significant market shares. This will lead to the growth of the cookies market during the forecast period,” says a senior analyst at Technavio for research on capital goods.

Global cookies market: Segmentation analysis

This market research report segments the global cookies market by product (plain and butter-based cookies, chocolate-based cookies, and other cookies) and geographic regions (APAC, Europe, MEA, North America, and South America).

The European region led the market in 2018, followed by North America, APAC, South America and MEA respectively. The consumer demand for cookies in Europe has evolved from convenience-based products to wholesome and health-based snacks. Consequently, many vendors in the market are expanding their product portfolio of functional and health-centric cookies. The cookies market in Europe is expected to witness consolidation activities with critical players looking to get involved in mergers and acquisitions (M&A) during the forecast period.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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 10,000 reports and counting, covering 800 technologies, spanning across 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.

If you are interested in more information, please contact our media team at media@technavio.com.

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Business Wire: 14:35 GMT Monday 27th May 2019

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