Cookies are the most common dessert snacks that are consumed on the daily basis globally. Cookies are popular due to its sweet, sugary, and cakey texture. This sweet snack has undergone some changes as consumers' consumption patterns are changing and preferring healthy snacks products due to which manufacturers are introducing sugar free cookies. These sugar free cookies are flavoured similarly to regular cookies with a different sweetening agent.
MARKET SCOPE
The "Global Sugar-Free Cookies Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sugar-free cookies market with detailed market segmentation by category, type, distribution channel, and geography. The report provides key statistics on the market status of the leading sugar-free cookies market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on category, the global sugar-free cookies market is segmented into organic and conventional.
- Based on flavor, the global sugar-free cookies market is segmented into chocolate, peanut butter, vanilla, and others.
- Based on distribution channel, the global sugar-free cookies market is segmented into hypermarkets & supermarkets, convenience stores, online retail, and others.
MARKET DYNAMICS
Drivers:
- Demand for sugar free cookies is rising from diabetic population.
- Maintaining a healthy lifestyle and weight loss are another prime reasons for the rise in demand for sugar free cookies across the globe.
- Sugar free cookies give young population a healthy alternative to sugar cookies by giving the same taste with the regulated nutritional requirement.
Restraints:
- Price sensitivity is a factor projected to restrain the sugar-free cookies market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The sugar-free cookies market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sugar-free cookies market in these regions.
IMPACT OF COVID-19 ON SUGAR-FREE COOKIES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the sugar-free cookies market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sugar-free cookies market are anticipated to lucrative growth opportunities in the future with the rising demand for sugar-free cookies in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sugar-free cookies market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Nestle
- Aunt Gussie's Cookies & Crackers
- Murray
- Tedesco Group
- Galletas Gulln
- Voortman Cookies
- ProtiWise
- Krunchy Melts Brand
- Baker Street
- Lakanto