Global Sugar free cookies Market Size, Share & Industry Trends Analysis Report By Product, By Type (Chocolate Chip, Peanut Butter, Gingerbread, Oatmeal Raisin), By Nature (Conventional and Organic), By Sweetener, By Regional Outlook and Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Sugar free cookies Market
Market Report Description
The Global Sugar-free Cookies Market size is expected to reach $8 billion by 2028, rising at a market growth of 6.5% CAGR during the forecast period.
Cookies are sweet treats that are usually flat, small, and cooked or baked. Cookies are made with flour, sugar, eggs, and fat, such as butter or oil. Also added are chocolate chips, oats, raisins, and nuts. Low-calorie sweeteners are used to make sugar-free cookies. The sugar-free cookies market is growing quickly because the number of people with obesity, diabetes, and being overweight is rising quickly worldwide. Heart diseases are more likely to happen to people who are overweight, obese, or have diabetes.
So, as more people learn about the health risks of diabetes, the demand for sugar-free cookies is likely to go up a lot worldwide, which will help the market grow during the forecast period. In the coming years, the market for sugar-free cookies is likely to grow as people spend more money on health and wellness products. In addition, chronic diseases are becoming more common in the world's population because more people are eating sugar, processed foods, and ingredients made with chemicals.
As a result, people are becoming more aware of how bad sugar-based foods are for their health in the long run. This has led to a big rise in demand for healthier foods. Also, the increase in chronic and infectious diseases such as COVID-19, H1N1 flu, and CVDs, along with the increased cost of health care, has made people pay more attention to preventive measures.
In the last few years, people have spent much more on health & wellness products because healthcare costs have increased. Therefore, the growth of the sugar-free cookies market is expected to be driven by an increase in spending on health and wellness and a rise in consumer awareness about sugar-free or low-calorie food products.
COVID-19 Impact Analysis
The COVID-19 pandemic promoted the adoption of best-practice models in the food industry by highlighting the need for sanitation and nutritious foods with lower sugar, calories, and fats in illness prevention. Also, the COVID-19 pandemic drove health-conscious consumers to seek low-calorie or sugar-free items. Hence, the increasing health consciousness of customers and the increased demand for low-sugar solutions prompted manufacturers and product formulators to concentrate on sugar-free food. Thus, the market has benefited from the outbreak of the COVID-19 pandemic.
Market Growth Factors
Growing urbanization and rising proportion of working women
Market participants have begun to create novel methods for raising production while minimizing costs. In response to consumer demand, they have also started spending more money on research and development to create a variety of sugar-free bakery products employing different flavors and ingredients. The development of enticing packaging is another key focus for producers, who have also begun to cater to customer demands based on consumer preferences and readiness to pay for goods. These elements are anticipated to accelerate the market growth for sugar-free cookies during the anticipated time frame.
Growing awareness regarding fitness and well-being
Ragi-based, sugar-free cookies are loved by the entire family, especially the children. Ragi offers many health advantages and contains Vitamin D, which helps reduce weight and insomnia. As a result, Ragi has reappeared as a leading choice for excellent health maintenance. Ragi is an ideal snack for satisfying the nutritional needs of a developing youngster due to its comprehensive nutritional profile. Thus, the growing awareness regarding fitness and well-being has led to the demand for sugar-free cookies.
Market Restraining Factors
Side effects of Sugar additives
Aspartame's antipyretic, analgesic, and anti-inflammatory effects have been demonstrated in animal experiments. It has been claimed that interfering with the function of rheumatoid factor with aspartame can decrease the discomfort and immobility caused by chronic joint inflammation. However, it has also been argued that the ingredients of aspartame can cause various health concerns. By interfering with essential homeostatic and physiological processes, ingestion of saccharin-containing items may result in weight gain and obesity, according to one animal study. This market is predicted to witness slow growth.
Based on sweetener, the sugar free cookies market is segmented into sucralose, aspartame, saccharin, acesulfame potassium and others. In 2021, the sucralose segment garnered a significant revenue share in the sugar-free cookies market. Sucralose is a sugar substitute that has a similar flavor. Just extremely little amounts of sucralose are required to sweeten foods & beverages because it is around 600 times sweeter than sugar. Although though sucralose is made from sugar, the body does not identify it as a carbohydrate, hence it has no calories. Sucralose is safe to be used by everyone in the family, including young children, expectant or nursing mothers, and even adults with diabetes.
On the basis of nature, the sugar free cookies market is divided into organic and conventional. In 2021, the conventional segment witnessed the largest revenue share in the sugar-free cookies market. The purchasing price is one of the key benefits of conventional foods. Conventional foods are accessible in most locations and may be purchased at reasonable costs. In addition, conventional food production is far less expensive than organic food production. While conventional food production needs less effort, less manual labor is required, reducing production costs.
By product, the sugar free cookies market is classified into bar, molded, rolled, drop and others. The bar segment dominated the sugar-free cookies market with the maximum revenue share in 2021. Sugar-free cookies in the bar shape are the most popular and widely used cookie product worldwide; this dominance is attributed to their massive production. One of the most popular cookie products that are easily accessible worldwide is the bar. The ingredients are pressed into a rectangular pan to create it. It might have several layers. Due to their square shape, bar cookies get their name from that.
Based on the type, the sugar free cookies market is bifurcated into chocolate chip, peanut butter, gingerbread, oatmeal raisin and others. The peanut butter cookies acquired a substantial revenue share in the sugar-free cookies market in 2021. Peanut butter is an excellent source of antioxidants, protein, and vitamin B. Moreover, it is beneficial for bone and muscular development. Consuming nuts and peanut butter regularly reduces the risk of developing type 2 diabetes and heart disease. Vitamin E, iron, selenium, magnesium, and vitamin B6 are important components in peanut butter. The B6 and iron included in peanut butter are vital for healthy hair and even a healthy scalp.
|Market size value in 2021||USD 5.2 Billion|
|Market size forecast in 2028||USD 8 Billion|
|Historical Period||2018 to 2020|
|Forecast Period||2022 to 2028|
|Revenue Growth Rate||CAGR of 6.5% from 2022 to 2028|
|Number of Pages||251|
|Number of Table||490|
|Report coverage||Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling|
|Segments covered||Product, Sweetener, Nature, Type, Region|
|Country scope||US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria|
Region-wise, the sugar free cookies market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region led the sugar free cookies market by generating largest revenue share in 2021. The region's market is being driven by the rising prevalence of obesity and diabetes, growing health & wellness concerns, a firmly established food and beverage industry, and strong consumer demand for sugar-free goods. Furthermore, the market expansion in the region is aided by the existence of major manufacturers who sell sugar-free cookies.
Free Valuable Insights: Global Sugar free cookies Market size to reach USD 8 Billion by 2028
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aunt Gussie's Cookies & Crackers, Baker Street (Sarjena Food Pvt. Ltd.), Bisk Farm (SAJ Food Products Pvt. Ltd.), Burton’s Biscuit Company (Ferrero Group), Diabliss Consumer Products Pvt. Ltd, Fat Snax, Inc., Galletas Galletas Gullón S.A., Good Dee's, Helwa Wafelbakkerij BV and Kravour Foods Private Limited.
Scope of the Study
Market Segments Covered in the Report:
- Chocolate Chip
- Peanut Butter
- Oatmeal Raisin
- Acesulfame Potassium
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Aunt Gussie's Cookies & Crackers
- Baker Street (Sarjena Food Pvt. Ltd.)
- Bisk Farm (SAJ Food Products Pvt. Ltd.)
- Burton’s Biscuit Company (Ferrero Group)
- Diabliss Consumer Products Pvt. Ltd
- Fat Snax, Inc.
- Galletas Gullón S.A.
- Good Dee's
- Helwa Wafelbakkerij BV
- Kravour Foods Private Limited
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North America Sugar free cookies Market Report 2022-2028
Europe Sugar free cookies Market Report 2022-2028
Asia Pacific Sugar free cookies Market Report 2022-2028
How valuable will the Sugar free cookies Market be in the future?
The global Sugar free cookies Market size is expected to reach $8 billion by 2028.
What are the key driving factors and challenges in the Sugar free cookies Market?
Growing urbanization and rising proportion of working women are driving the market in coming years, however, Side effects of Sugar additives restraints the growth of the market.
What are the major top companies in the competitive landscape?
Aunt Gussie's Cookies & Crackers, Baker Street (Sarjena Food Pvt. Ltd.), Bisk Farm (SAJ Food Products Pvt. Ltd.), Burton’s Biscuit Company (Ferrero Group), Diabliss Consumer Products Pvt. Ltd, Fat Snax, Inc., Galletas Galletas Gullón S.A., Good Dee's, Helwa Wafelbakkerij BV and Kravour Foods Private Limited.
Which segment shows a high revenue share of the Sugar free cookies Market in 2021?
The Chocolate Chip segment acquired maximum revenue share in the Global Sugar-free Cookies Market by Type in 2021 thereby, achieving a market value of $2.2 billion by 2028.
Which region dominated the Sugar free cookies Market in 2021?
The North America market dominated the Global Sugar-free Cookies Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3 billion by 2028.