Market Research Future (MRFR) has published a cooked research report on the “Global Frozen Cookies Market” that contains information from 2019 to 2032. The frozen cookies market is estimated to register a CAGR of 6.00% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global frozen cookies market - Aryzta AG, CSM Ingredients, General Mill Inc., Guttenplan’s, Dawn Food Products, Inc., Ajinomoto, Rich Products Corp., Gonnella Baking Company, and Bridgford Foods Corp.
Frozen Cookies Market Highlights
The global frozen cookies market is accounted to register a CAGR of 6.00% during the forecast period and is estimated to reach USD 3.885 billion by 2032.
The growing need for quick and ready-to-eat snacks is a major growth factor in the frozen cookies market. Frozen cookies are a popular choice for people with hectic schedules since they provide the ease of freshly made cookies without the mess of preparation. Additionally, as customers look for gourmet frozen cookie options with distinctive flavors and ingredients, the market is growing due to the popularity of home baking and the need for premium, high-quality desserts.
Segment Analysis
The global frozen cookies market has been segmented into category, end user and distribution channel.
On the basis of category, the market is segmented into Gluten-free, Low-calorie, Sugar-free, and Others. The gluten-free segment was attributed to holding the largest market share in 2023, driven by a growing awareness of celiac illness and gluten intolerance and a desire for healthier eating options. Customers are searching for gluten-free alternatives without compromising flavor or quality. This trend has caused many manufacturers of frozen cookies to expand the range of gluten-free items they provide, resulting in a discernible rise in the market.
Based on end user, the global frozen cookies market has been segmented into Bakery Shop, Catering, Household, Food Processing, and Others. The bakery shop segment was expected to hold the largest market share in 2023. Frozen cookie bakeries give customers the convenience of freshly baked cookies whenever it's convenient for them. Growth-promoting factors can include convenience, the option to customize orders, and growing customer interest in homemade-style products. Collaborations with neighboring bakeries or online platforms can expand distribution channels and further promote growth in this sector.
Based on distribution channel, the global frozen cookies market has been segmented into Artisan Baker, Retail, and Online Channel. The artisan baker segment was expected to hold the largest market share in 2023, driven by consumer demand for the best possible handcrafted products made with premium ingredients. Because artisanal bakers typically emphasize traditional baking techniques, unusual flavors, and great attention to detail, they may appeal to customers seeking a more authentic and luxurious experience.
Regional Analysis
The global frozen cookies market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe frozen cookies market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The frozen cookies market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World frozen cookies market comprises the Middle East, Africa, and Latin America.
The largest market share for frozen cookies was maintained by the North American regional sector. The main driving force of this region is the robust consumer demand. Ready-to-eat frozen cookies' accessibility is another important factor propelling the market's growth. The region's sizable working population is further contributing to the market's overall growth, which raises usage and demand for continence products like frozen cookies.
Moreover, the Europe market has been persistently growing over the forecast period because of the region's varied culinary traditions and the hectic lifestyles of contemporary customers. Frozen cookies have become increasingly popular since they provide convenience without sacrificing quality. Another significant growth-inducing aspect is the region's sophisticated distribution networks, making accessing various frozen cookies from artisanal bakeries simple.
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Rising disposable income levels among consumers are driving the regional market, with increased spending on frozen cookies. Further factors contributing to the region's rise are its increasing acceptance rate, propensity for Western food, and changing lifestyles.
Furthermore, the rest of the world's frozen cookies market is divided into the Middle East, Africa, and Latin America. The expanding influence of Western culture on people’s daily lives throughout the rest of the world has resulted in a rise in the frozen bakery business in recent years. In addition, throughout the forecast period, the rest of the world frozen bakery market is expected to grow due to consumers' increasing disposable income and propensity to spend on prepared foods.
Key Findings of the Study
- The global frozen cookies market is expected to reach USD 3.885 billion by 2032, at a CAGR of 6.00% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market. Consumers' growing disposable income is largely responsible for the region's growth.
- Based on category, the gluten-free segment was attributed to holding the largest market in 2023, with an approximate market share of 40%.
- Aryzta AG, CSM Ingredients, General Mill Inc., Guttenplan’s, Dawn Food Products, Inc., Ajinomoto, Rich Products Corp., Gonnella Baking Company, and Bridgford Foods Corp. are the key market players.
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Companies Covered | 15 |
Pages | 128 |
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