Latin America Cookies Market Size was worth USD xx billion in 2021 and is estimated to be growing at a CAGR of 5.8%, to reach USD xx billion by 2027
Cookies are a type of bakery product closely resembling a biscuit. These are mostly sweet in taste and are consumed as a snack on various occasions. Innovative packaging, new tastes, flavors, and shapes, and rising health consciousness among consumers are the major drivers of the market. Rising consumer indulgence and the good quality ingredients used are further driving the market growth. Increasing urbanization in developing countries and a rise in disposable incomes fuel market growth. However, the extensive competition due to a large number of vendors in the market and high material costs are restraining the market.
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2026 |
Base Year |
2021 |
Forecast Period |
2022 - 2027 |
CAGR |
5.64% |
Segments Covered |
By Ingredient, By Product Type, By Distribution Channel, and By Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Countries Covered |
Argentina, Brazil, Mexico, and the Rest of Latin America |
Market Leaders Profiled |
Mondelez International, Kellogg Co., Campbell Soup Co., Nestle SA, United Biscuits, PepsiCo, M. Dias Branco, Britannia Industries, Barilla G. e R. Fratelli, and Arcor U.S.A., Kraft Foods, Thomas Tunnock Limited, Nutrexpa, Paterson Arran Limited |
The Cookies Market is broadly categorized into
ingredients
product types
distribution channels
By ingredient
chocolate,
chocolate chip,
oatmeal,
butter,
cream,
ginger
coconut,
honey
Chocolate cookies account for a major share of the market revenue followed by chocolate chip cookies. Oatmeal cookies are also popular as they are a healthier alternative to the chocolate variants.
By product type
bar
drop
fried
molded
no-bake
icebox
rolled
sandwich
Drop cookies are widely consumed but the bar cookies are expected to grow at a fast pace during the forecast period.
By distribution channel
supermarkets
hypermarkets
independent retailers
convenience stores
online sales
Regional Analysis
Argentina
Brazil
Mexico
Key Players
Mondelez International,
Kellogg Co.,
Campbell Soup Co.,
Nestle SA,
United Biscuits,
PepsiCo,
M. Dias Branco,
Britannia Industries,
Barilla G. e R.
Fratelli,
Arcor U.S.A.,
Kraft Foods,
Thomas Tunnock Limited,
Nutrexpa
Paterson Arran Limited
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