The global artisanal cookies market was valued at $45.6 billion in 2021 and it is expected to reach $90.3 billion at a CAGR of 6.3% between 2022 and 2032. New products of artisanal cookies are growing in demand, which are also becoming popular among a large number of consumers. Hence, this is one of the key factors which are fueled the market growth over the last few years. Additionally, different kinds of flavors are currently available in the market which is drawing the attention of a wide number of customers from various nations.
At present days, there are multiple key players which are producing new cookie products for their customers. Due to customer preferences, the market is also estimated to witness more growth opportunities. Some people have become health conscious and thus they purchase organic cookies and diet cookies. Moreover, there are several products available in the market which is especially for pet animals. People who are pet lovers can buy these kinds of artisanal cookies for their pets. This is another key factor that is also driving the growth of the market. Various companies are producing new cookies. By doing this, they are focusing on establishing mergers and acquisitions. These key players are also trying to create partnerships with other manufacturing brands for better products according to their customer preferences. Therefore, due to these major factors, the demand for artisanal cookies is increasing which is estimated to drive the growth of the market during the upcoming years.
Source: SAI Research
Based on product type, the global artisanal cookies market is segmented into the rolled, bar, drop, molded, fruit taste, cream, and others. Among these, the bar cookies segment is anticipated to drive the growth of the market. This category holds the largest share of the market. Additionally, due to the multiple health benefits offered by various companies and their products, the market is projected to witness growth opportunities. Bar product is good for people who are suffering from several diseases such as diabetes, blood circulation problem, and functioning of heart health, among others. These key factors are driving the market. On the other hand, the drop cooking segment is also estimated to generate new revenue share and is estimated to lead to market growth across the globe.
Based on the distributional channel, the global artisanal cookies market is segmented into offline and online shops. The offline shopping segment holds the largest share of the market and is anticipated to be the bigger distributional channel across several regions. Supermarkets and convenience stores are the major keys in developing countries such as India, China, Japan, South Korea, and Singapore, among others. Along with this, the online segment is also anticipated to be the fastest distributional channel in the upcoming years. After COVID-19, people have become more aware of maintaining a physical distance. Thus, they are purchasing artisanal cookies from online shopping stores by using smartphones and mobile applications.
Geographically, the global artisanal cookies market is categorized into North America, Europe, Asia-Pacific, Latin America, and Africa. Europe holds the maximum share of the market and is anticipated to fuel the market due to the increasing consumption of several varieties of cookies which is widely available in the market. There are multiple flavors such as buttercream, chocolate, and peanut butter, which are also driving the growth of the market. Along with this, North America is also expected to become the second fastest-growing market across the globe due to the rising demand for artisanal cookies among various kinds of consumers.
According to the study, key players such as Aryzta AG (Switzerland), ABC Bakers (U.S), BakeMark (U.S), Biscoff Cookies (Belgium), Campbell Soup Company (U.S), Corbion (Netherlands), DAWN Food (U.S), FAT Brands (U.S), Flowers Foods (U.S), Grupo Bimbo (Mexico), Harry Brot GmbH (Germany), Kellogg (U.S), Mondelez (U.S), Nestle SA (Switzerland), PepsiCo (U.S), Parle Products (India), Rich Products Corporation (U.S), Sofina (Belgium), Wadia Group (India), among others are leading the global artisanal cookies market.
Report Coverage | Details |
Market Size in 2021 | US$ 45.6 Billion |
Market Volume Projection by 2032 | US$ 90.3 Billion |
Forecast Period 2022 to 2032 CAGR | 6.3% |
Base Year: | 2021 |
Historical Data | 2019, 2020 and 2021 |
Forecast Period | 2022 to 2032 |
Segments covered |
By Product Type: Rolled, Bar, Drop, Molded, Fruit Taste, Cream & Others By Distributional Type: Offline Shop & Online Shop |
Geographies covered |
North America, Europe, Asia-Pacific, LAMEA |
Companies covered | Aryzta AG (Switzerland), ABC Bakers (U.S), BakeMark (U.S), Biscoff Cookies (Belgium), Campbell Soup Company (U.S), Corbion (Netherlands), DAWN Food (U.S), FAT Brands (U.S), Flowers Foods (U.S), Grupo Bimbo (Mexico), Harry Brot GmbH (Germany), Kellogg (U.S), Mondelez (U.S), Nestle SA (Switzerland), PepsiCo (U.S), Parle Products (India), Rich Products Corporation (U.S), Sofina (Belgium), Wadia Group (India), & Others |
The Global Artisanal Cookies Market – by Product Type:
The Global Artisanal Cookies Market – by Distributional Type:
The Global Artisanal Cookies Market – by Regions:
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