Global Cookies for Food Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Cookies for Food Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Cookies for Food Services market finds that the global Cookies for Food Services market reached a value of USD 5078.34 million in 2022. It’s expected that the market will achieve USD 6890.0 million by 2028, exhibiting a CAGR of 5.22% during the forecast period.

Influence of COVID-19 Outbreak on Cookies for Food Services Industry Development

The outbreak of COVID-19 has a major impact on the global economy. Not only is the global industry chain affected, but the cookie industry is also difficult to protect itself. Although cookies may be at home because most people stop working and have time for leisure and entertainment, the demand will increase in a short period of time. But in anticipation of shrinking wages or unemployment, people are likely to reduce their budgets for casual snacks. In the long run, the negative impact of COVID-19 is far greater than the positive impact.

Limitations

Although cookies are still popular among people, curiosity will drive people to continue to try new products, thereby seizing the market of cookies and restricting the development of the industry. Cake is an important opponent of cookies. The cakes are rich in color and can be made into a variety of popular styles to attract adults and children. Moreover, they can create a rich festival atmosphere than cookies, so they become the biggest competitors of cookies. In addition to cakes, other opponents include sweets, ice cream and so on.
In recent years, cookie handmade home workshops have become increasingly popular. Some enjoy relatively high profits, but some face the confusion of product homogeneity. Home workshop manufacturers usually assume that customers can perceive the value of their products keenly, but in fact, most customers cannot perfectly distinguish the cookies of merchant A from the cookies of merchant B. This situation prevents some producers who want to test the taste to occupy the market and even launch this industry.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

The top three companies are Mondelez International, ARYZTA, Pepperidge Farm with the revenue market share of 6.57%, 4.79% and 4.37% in 2019.

Mondelez International Inc. is a food and beverage company. The company produces and sells packaged foods, including snacks, beverages, cheese, light meals and various packaged foods.

Mondelez International sells its products around the world.

ARYZTA AG is a food company headquartered in Zurich, with operations in the Americas, Europe, Asia, Australia and New Zealand. The group is a leader in the specialty frozen bread industry and is a global supplier of bakery products in the food service, retail and fast food restaurant sectors.

Segmentation Overview:

Among different product types, Bar Cookies segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Full-Service Restaurants segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Cookies for Food Services market covered in Chapter 3:

Yamazaki
Dawn Food
ARYZTA
TreeHouse Foods, Inc.
Pepperidge Farm
Rise Baking Company
David's Cookies
Mondelez International
Puratos
Heathside Food Solutions
Rich Products Corporation

In Chapter 4 and Chapter 14.2, on the basis of types, the Cookies for Food Services market from 2018 to 2029 is primarily split into:

Bar Cookies
Molded Cookies
Rolled Cookies
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cookies for Food Services market from 2018 to 2029 covers:

Fast Food Restaurants
Full-Service Restaurants
Limited Service Restaurants
Special Food Services Restaurants

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)