PUBLISHER: TechSci Research | PRODUCT CODE: 1886477
PUBLISHER: TechSci Research | PRODUCT CODE: 1886477
We offer 8 hour analyst time for an additional research. Please contact us for the details.
The Global Cookies Market, valued at USD 13.92 Billion in 2024, is projected to experience a CAGR of 9.16% to reach USD 23.55 Billion by 2030. Cookies are defined as small, flat, baked sweet biscuits, typically prepared from flour, sugar, and fat, often enriched with inclusions such as chocolate chips, nuts, or dried fruits. The global market for these products is supported by key drivers including increasing consumer demand for convenient snack options, continuous product innovation encompassing healthier formulations and novel flavor profiles, and the expansion of retail distribution channels, particularly in emerging economies.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 13.92 Billion |
| Market Size 2030 | USD 23.55 Billion |
| CAGR 2025-2030 | 9.16% |
| Fastest Growing Segment | Chocolate-Based Cookies |
| Largest Market | Europe |
Key Market Drivers
The global cookies market is significantly influenced by the rising demand for convenient snacking options. Modern consumer lifestyles, characterized by increased busyness and a need for portable food solutions, directly contribute to the market's expansion as cookies serve as an accessible and satisfying on-the-go snack. This preference is particularly evident in retail channels catering to quick purchases. According to SNAC International, in its May 2024 release of the 2024 State of the Industry Report, cookie sales in convenience stores surged by 19.2% in 2023, demonstrating robust consumer preference for ready-to-eat cookie formats.
Key Market Challenges
The escalating cost of essential raw materials directly impedes the growth of the Global Cookies Market by increasing production expenditures and narrowing profit margins for manufacturers. This financial pressure restricts the ability of companies to maintain competitive pricing, thereby impacting consumer demand for cookie products. When input costs rise, manufacturers often face the difficult decision of either absorbing these costs, which reduces profitability, or passing them on to consumers through higher retail prices.
Key Market Trends
The expansion of premium and artisanal indulgence offerings represents a significant shift in consumer preferences within the global cookies market. Consumers are increasingly seeking higher quality products with distinctive flavors, unique textures, and superior ingredients, moving beyond standard mass-produced options. This trend caters to a desire for elevated snacking experiences, emphasizing craftsmanship and specialty.
In this report, the Global Cookies Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Cookies Market.
Global Cookies Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: