According to a market report, published by Sheer Analytics and Insights, 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. Over the last two years, during the epidemic situation of COVID-19, the market and its supply chain was interrupted. However, after the pandemic situation, the artisanal cookies market has seen a rising demand trend, typically in emerging nations. Additionally, companies are trying to produce more innovative products which would benefit the market to grow. Moreover, the artisanal cookies market is anticipated to witness more significant growth due to the changing in lifestyle among a large number of consumers. Their fast-moving lifestyle has also driven market growth. In addition, people are becoming more conscious about their health; hence, this awareness is anticipated to accelerate the growth of the market. Children like cookies very much. Many companies are trying to make different kinds of artisanal cookies, especially for kids. These new products are currently available across several countries which would benefit the market in near future.
There are multiple benefits of cookies. It provides high nutrition and protein. Eating cookies can help boost energy as it contains whole grain flour, which provides a nutritious source of protein, vitamins, fiber, and minerals that help produce a stable metabolism. Therefore, these cookies are healthy for kids as well as other aged people. Some companies are making new cookies that are organic and have good flavor. These are made for especially geriatric people. These kinds of cookies would provide high nutritive value to the body of elderly people. Moreover, digestive cookies are the best snacks for people having diabetes and obesity.
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However, the global artisanal cookies market has driven the global market due to the changes in consumer preferences towards baked food. Hence, the demand for on-the-go bakery food products has been growing among a large number of people. Some cookies are for the daily diet category. Thus, the artisanal cookies market is expanding its growth due to the rising demand for gluten-free baked food products across the regions and among vegan consumers. Many companies are focusing on establishing mergers and acquisitions to make new products for their wide number of customers. This innovative product is also projected to fuel the growth of the market in the upcoming years.
Nutella Lava Cookies launched the latest cookie products in March 2022. This new product is second on the best-seller list after the Choco-Brownie cookie. In 2022, Keebler launched four new cookies for their wide number of consumers. Britannia Good Day’s has launched new Choco-chip cookies in India. The response has been overwhelming. Moreover, The Honest Kitchen has launched a line of artisanal cookie treats for dogs. The company has revealed three varieties of cookies in the market. Sourbomb Artisanal Bakery launched new double chocolate chip cookies for its consumers. Therefore, these new launches are expected to drive the growth of the global artisanal cookies market during the forecast period from 2022 to 2032.
According to the study, key players dominating the global artisanal cookies market are 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.
The Global Artisanal Cookies Market – by Product Type:
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