Industry Background:
Cookies are the most popular dessert snacks. It is commonly consumed on daily basis. They are sweet and crackers in nature. Hence it is most popular among children’s. It is available in number of flavours. It is available in different types however, sugar free cookies is most popular. It does not contain extra sugar and other sweeteners which may offers extra calories. Thus, sugar free cookies are mostly preferred by diabetic people who are restricted to consume extra sugar. Hence this sugar free cookies are also called as healthy cookies. Rising awareness regarding healthy lifestyle and increasing inclination towards natural ingredients has created demand for sugar free cookies.This growth is primarily driven by Rising Expenditure of RTD Confectionary and Bakery Items in Food and Beverages Industry
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | -2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Nestle S.A. (Switzerland), Murray (United States), The Ferrero Group (Italy), TEDESCO GROUP (Italy), Barry Callebaut (Switzerland), Hu Master Holdings, LLC. (United States), Lily's Sweets, LLC (United States), ChocZero (United States), Blue Stripes Urban Cacao (United States), Alter Eco (United States) and Lakanto (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Increasing Awareness Regarding Food Ingredients and Healthy Lifestyle
. Major Vendors, such as Nestle S.A. (Switzerland), Murray (United States), The Ferrero Group (Italy), TEDESCO GROUP (Italy), Barry Callebaut (Switzerland), Hu Master Holdings, LLC. (United States), Lily's Sweets, LLC (United States), ChocZero (United States), Blue Stripes Urban Cacao (United States), Alter Eco (United States) and Lakanto (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In August 2020, Hostess Brands, Inc. has finalise the acquisition of Voortman Cookies Ltd. This acquisition was valued at approximately USD 320 million in cash. Voortman Cookies Ltd. operates seven cookie in Canada. Company is one of the leading cookie producer of North Amarica. Hence, with this acquisition, company is able to expand their RTE confectionary portfolio by using Voortman’s distributional and innovative portfolio.
In March 2021, Hu, one of the leading snacking has launched its brand new line of grain-free, no-added-sugar cookies. This cookies are available with no added sugar and in four flavours like chocolate, peanut butter, gingersnap and snickerdoodle. This sugar free cookies are also available at their own online channel HuKitchen.com and also at e-commerce platform Amazon and departmental sprouts stores.
Market Drivers
- Rising Expenditure of RTD Confectionary and Bakery Items in Food and Beverages Industry
- Growing Preference for Low Calories based Confectionery Items
- Inclination towards Consuming Natural Ingredients based Food Items
Market Trend
- Increasing Awareness Regarding Food Ingredients and Healthy Lifestyle
- Manufacturers are more tends towards Using Natural Sweeteners instead of Artificial Once
Restraints
- High Price Compared to Other Cookies
Opportunities
Augmenting Demand from Diabetic Population especially for Sugar Free Cookies has Created Growth Opportunities and Rising Popularity of Confectionary and Bakery Food Items among Children’s
Challenges
Disruption in Supply Chain owing to Pandemic and Lockdown
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Sugar Free Cookies Study Sheds Light on
The Sugar Free Cookies Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Sugar Free Cookies industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Sugar Free Cookies industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.