Global Cookies Market 2019-2023 | Evolving Opportunities with Mondelez International and ITC Ltd

By: Technavio
 
ELMHURST, Ill. - Feb. 27, 2020 - PRLog -- global cookies market since 2015 and the market is poised to grow by USD 19.85 billion during 2019-2023, progressing at a CAGR of around 6% during the forecast period.
This market is driven by the rising demand for natural and health-centric products. In addition, the rising popularity of clean-labeled cookies is anticipated to boost the growth of cookies market.

Consumers are increasingly becoming aware of the risk factors associated with the consumption of artificial sugar and gluten products. This has increased the demand for cookies made of natural and healthy ingredients such as nuts, dry fruits, and superfood seeds over recent years. To capitalize on this trend, vendors are introducing raw, non-GMO, and other organic ingredients to improve the nutritional value of their cookies. The rising consumer demand for cookies made of natural and healthy ingredients is expected to boost market growth during the forecast period.

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Major Five Cookies Companies:
Campbell Soup Co. Brands LP
Campbell Soup Co. Brands LP owns and operates its business across segments such as American Simple Meals and Beverages, Global Biscuits and Snacks, and Campbell Fresh. The company offers a wide range of cookies under the Pepperidge brand. Some of the products offered by the company include Pepperidge Farm Milano Cookies and Pepperidge Farm Farmhouse cookies.

PepsiCo Inc.
PepsiCo Inc. owns and operates its business across segments such as Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA). The company offers a wide range of cookies under the Grandma's brand. Its popular flavors include chocolate, peanut butter, and lemon pie.
Cookies Product Outlook (Revenue, USD Billion, 2019 - 2023)
• Plain and butter-based cookies
• Chocolate-based cookies
• Other cookies
Cookies Geography Outlook (Revenue, USD Billion, 2019 - 2023)
• APAC
• Europe
• MEA
• North America
• South America
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Industry:Business
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