Nut-Free Cookies - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Nut-Free Cookies Market is accounted for $1.02 billion in 2020 and is expected to reach $1.82 billion by 2028 growing at a CAGR of 7.5% during the forecast period. Growing demand for allergy-free food products and increasing prevalence of obesity and overweight are the major factors propelling the market growth. However, low awareness and improper eating habits are hampering the market growth.
Nut-free cookies are simply baked snack item which comes in various shapes and is sweet to taste. These nut-free cookies require ingredients like sugar, oil or fat, flour, and multiple others as per the customization. These customizations enable manufacturers to serve and cater to the wider population as per the customer’s demand, taste, or liking for a particular flavour. For this reason, nut-free cookies come in various flavors and also with multiple other healthy and beneficial ingredients. The wide variety of nut-free cookies attract people of all age and also people on specific diets or having issues with nuts. Nut-free cookies, as the name suggests, are free from any kind of nuts such as peanut, groundnut, walnuts, cashews, and others as well as soy and gluten. They have become majorly popular across the globe and are being consumed by the majority of the population on a daily basis.
Based on distribution channel, the direct channel segment is going to have a lucrative growth during the forecast period owing to the fact that consumers find it highly convenient to purchase from direct stores. Also, consumers are highly reluctant to opt online modes for grocery and food items purchase as they are unsure of the quality and expiry of the product. Furthermore, the wide availability of all types of products at one place with major price drops and schemes attract most of the population to purchase using this mode. The ability to check and pick out their own food items and experience and atmosphere of grocery shopping in brick-and-mortar retailers are also the key factors attracting consumers to purchase from this distribution channel.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the extensively increasing consumer spending on healthy food items, increasing awareness about nuts related allergies, growing diabetes patients in the region, and the rise in e-commerce modes for food supply. Furthermore, increased awareness by a healthy lifestyle has changed eating habits and daily consumption by introducing more healthy food options such as nut-free cookies as a snack. These factors may lead to drive the growth of the global market, in the APAC region over the forecast period.
Some of the key players profiled in the Nut-Free Cookies Market include Conagra Brands, Inc, Divvies LLC, Homefree LLC, Just Desserts, Mondelēz International, Nature Foods Company, LLC, Nestlé S.A., Not a Trace Pty Ltd, Rich Products Corporation, Skeeter Snacks, LLC, Terra Cotta Cookie Co, Treasure Mills Inc, and United Biscuits, Inc.
• Chocolate Nut Free Cookies
• Cinnamon Cookies
• Gingerbread Cookies
• Oatmeal Cookies
Distribution Channels Covered:
• Direct Channel
• Indirect Channel
End Users Covered:
• Food Services
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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