Industry Background:
Increasing awareness about health benefit of cookies will help to boost global protein cookies market. Protein cookie is a rich source of energy and protein. There are various health benefit of these cookies including reduction of blood pressure and improvement in brain functioning. Additionally, these protein cookies are launched with different flavor variants including chocolate chip, cran-orange white chocolate, banana oatmeal chocolate chip, chocolate chip, and peanut butter.
According to AMA, the market for Protein Cookie is expected to register a CAGR of 5.15% during the forecast period to 2026. This growth is primarily driven by Changing Consumer Preferences and Growing Health Awareness.
Globally, a noticeable market trend is evident Rising Demand Due To Availability of Various Flavors
. The Food Products sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Lenny & Larry's (United States), Quest Nutrition (United States), Munk Pack (United States), Justine’s limited (New Zealand), NuGo Nutrition (United States), No Cow LLC (United States), Buff Bake (United States), MuscleTech (United States), Xterra Nutrition (India) and The Hershey Company (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:
On 6th March 2019, Lenny & Larry's, the fun originators of the protein cookie, continue to bake up new flavors of its protein-packed treats with the expansion of its cookie lines at this year’s Natural Products Expo West. With the brand in creative overdrive with its newest innovation The Complete Crunchy Cookies.
Regulatory Insights:
Food products are subjected to provide labeling which must include nutritional value. As per the FDA (Food and Drug Administration) guidelines mentioned in section 403(a)(1) of the FD&C Act (21 U.S.C. 343(a)(1), a food or beverage is misbranded if its labeling is false or misleading. Additionally, Beverages and liquid dietary supplements may bear health claims, which characterize the relationship between a substance (food or food component) and a disease or health-related condition.
Market Drivers
- Changing Consumer Preferences
- Growing Health Awareness
Market Trend
- Rising Demand Due To Availability of Various Flavors
- Increasing Awareness Regarding Health Benefits of Chocolate as an Ingredient in Protein Cookies
Restraints
- High Cost of Protein Products
- Rising Chances Of Cross Contamination
Opportunities
New Product Launch with Various Ingredients and Flavors and Development in Nutritional Science
Challenges
Stringent Government Regulation
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, Protein Cookie Study Sheds Light on
The Protein Cookie Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Protein Cookie industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Protein Cookie 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.