Table of Contents
Global Cookies Market Overview
Cookies, also known as biscuits in some places, are beloved snacks enjoyed worldwide for their sweet taste and variety. Made from basic ingredients like flour, sugar, butter, and eggs, cookies come in various types such as chocolate chip, shortbread, and oatmeal.
The baking process involves mixing the ingredients into a dough, shaping it, and baking until golden brown. Once cooled, these delightful treats are ready to be enjoyed with a cup of tea or coffee, perfect for satisfying any sweet craving.
Market Drivers
The global cookies market is propelled by several key factors. Shifting consumer lifestyles, and favoring convenient snacking options, have spurred demand for cookies as a quick indulgence. Diverse flavors, shapes, and packaging sizes cater to varied preferences, enhancing market growth.
Ongoing innovation in healthier and premium cookie varieties expands the consumer base. The rise of online retail channels has increased accessibility and visibility, driving global sales. Strategic marketing efforts, including promotions and collaborations, boost consumer awareness and brand loyalty, further fueling market expansion.
Market Size
The Global Cookies Market was worth USD 37.8 billion in 2022 and is projected to achieve a notable 5.2% Compound Annual Growth Rate (CAGR) between 2023 and 2032, reaching around USD 62.2 billion by the end of the forecast period.
List of Major Companies
These are the top ten companies operating in the Cookies Market:
Mondelez
Company Overview
| Establishment Year | 1923 |
| Headquarter | Chicago, Illinois, United States |
| Key Management | Dirk Van de Put (Chairman and CEO) |
| Revenue (US$ Bn) | $ 36.02 Billion (2023) |
| Headcount | ~ 91,000 (2023) |
| Website | http://mondelezinternational.com/ |
About Mondelez International
Mondelez International, Inc., is globally recognized for its vast array of beloved brands like Oreo, Chips Ahoy!, and belVita. As a dominant force in the cookies industry, Mondelez offers a wide variety of delicious treats to meet consumer desires.
Through a commitment to innovation, quality, and customer satisfaction, Mondelez drives growth in the cookies market while also prioritizing sustainability and responsible sourcing. As a leader in the cookies segment, Mondelez International is dedicated to meeting the ever-changing tastes and preferences of consumers worldwide, ensuring moments of joy and indulgence are always available.
Geographical Presence
Mondelez International, Inc. maintains a widespread presence across more than 150 countries worldwide. Its strong foothold encompasses North America, Europe, Latin America, and the Asia-Pacific region, including key markets such as the United States, Canada, Brazil, Mexico, the United Kingdom, Germany, France, Italy, China, India, Japan, and Australia.
Leveraging strategic partnerships and distribution networks, Mondelez ensures its products are accessible to consumers across diverse demographics and geographic regions.
Recent Developments
- In July 2023, Mondelēz issued a nationwide recall of two types of belVita Breakfast Sandwich products made in the United States. The recall was due to potential cross-contact with peanuts on a single production line, posing a risk for individuals with peanut allergies. Consuming these products could lead to severe allergic reactions.
- In November 2022, the Sikkim FDA, along with FSSAI and Mondelēz India, organized a demonstration to emphasize the significance of fortified food.
PepsiCo
Company Overview
| Establishment Year | 1898 |
| Headquarter | Harrison, New York, U.S. |
| Key Management | Ramon Laguarta (Chairman & CEO) |
| Revenue (US$ Bn) | $ 91.4 B (2023) |
| Headcount | ~ 318,000 (2023) |
| Website | http://pepsico.com/ |
About PepsiCo
PepsiCo, Inc. is a global company renowned for its wide range of food and beverage brands, including snacks like cookies. While best known for beverages like Pepsi and Mountain Dew, PepsiCo also offers popular cookies such as Chips Ahoy! With a focus on quality and innovation, PepsiCo continues to expand its presence in the snacks market, meeting consumer preferences worldwide.
Committed to sustainability, PepsiCo ensures responsible sourcing in its production processes. As a leading player in the snacks industry, PepsiCo remains dedicated to providing enjoyable snacking options to consumers globally.
Geographical Presence
PepsiCo, Inc. has a strong global presence, spanning North America, Europe, Asia-Pacific, Latin America, and the Middle East. In North America, it dominates the United States market and extends its reach into Canada and Mexico.
Internationally, PepsiCo has established itself in key regions such as Europe, where it has a significant presence in countries like the UK, Germany, France, and Russia, and the Asia-Pacific region, particularly in China, India, Japan, and Australia. Latin America, including Brazil, Argentina, and Colombia, is another vital market for PepsiCo. The company is also exploring growth opportunities in emerging markets such as Africa.
Recent Developments
- In January 2024, PepsiCo North America opened a new warehouse in Greater Milwaukee to meet rising consumer demand across four counties.
- In July 2023, PepsiCo and Walmart joined forces in a seven-year partnership to invest $120 million in supporting farmers in the United States and Canada to enhance soil health and water quality.
Kellogg
Company Overview
| Establishment Year | 1906 |
| Headquarter | Chicago, Illinois, U.S. |
| Key Management | Steven Cahillane (Chairman & CEO) |
| Revenue (US$ Bn) | $ 15.3 Billion (202) |
| Headcount | ~ 30,000 (2023) |
| Website | http://www.kellanova.com/ |
About Kellogg Company
Kellogg Company, a global food corporation, offers a variety of cookies alongside its well-known breakfast cereals. One of its popular cookie brands is Keebler, which includes a range of cookies and snacks. With a focus on innovation and quality, Kellogg continues to grow in the cookie market, providing consumers with tasty options.
Kellogg’s also emphasizes sustainability in its production processes. As a major player in the food industry, Kellogg is committed to meeting consumer preferences worldwide.
Geographical Presence
Kellogg Company boasts an expansive global presence, operating in over 180 countries across North America, Europe, Latin America, Asia-Pacific, Africa, and the Middle East.
Kellogg has established strong footholds in key markets such as the United States, Canada, the United Kingdom, Brazil, Mexico, China, India, and Australia. With a diverse portfolio of breakfast cereals, snacks, and convenience foods, Kellogg’s caters to a wide range of consumer preferences worldwide.
Recent Development
- In October 2023, Kellanova completed the separation of its North American cereal business, WK Kellogg Co., into two independent, publicly traded companies. This allows each entity to maximize its potential.
- In April 2023, Kellogg and Albertsons Companies partnered to promote eco-friendly recycling practices for Earth Day.
General-Mills
Company Overview
| Establishment Year | 1856 |
| Headquarter | Golden Valley, Minnesota, U.S. |
| Key Management | Jeffrey Harmening (Chairman and CEO) |
| Revenue (US$ Bn) | $20.1 Billion (2023) |
| Headcount | ~ 34,000 (2023) |
| Website | http://www.generalmills.com/ |
About General Mills
General Mills, Inc. is a major global corporation renowned for its diverse food products, including cookies. While best known for breakfast cereals like Cheerios, General Mills also offers a variety of cookies under brands like Betty Crocker and Pillsbury. With a focus on quality and innovation, General Mills continues to expand its presence in the cookie market, providing consumers with tasty options.
Additionally, the company prioritizes sustainability in its production processes. As a leading player in the food industry, General Mills is committed to meeting consumer preferences worldwide.
Geographical Presence
Headquartered in the United States, General Mills, Inc. boasts a strong global presence spanning North America, Europe, Asia Pacific, Latin America, and Africa. Through strategically located manufacturing facilities and distribution networks, the company efficiently serves consumers worldwide with its wide range of food products.
It is a key player in North America and Europe, caters to diverse preferences in Asia Pacific, taps into Latin America’s varied culinary traditions, and is expanding its presence in Africa with tailored product offerings to meet local demand.
Recent Development
- In July 2022, General Mills and ALUS entered a multi-year partnership to aid farmers and promote regenerative agriculture in Manitoba and Saskatchewan, Canada. These regions are vital for General Mills as they source oats for brands such as Cascadian Farm, Cheerios, and Nature Valley.
- In July 2022, General Mills completed the sale of its Suddenly Salad side dishes divisions and Helper main meals to Eagle Family Foods Group.
Parle
Company Overview
| Establishment Year | 1929 |
| Headquarter | Vile Parle (East), Mumbai, Maharashtra, India |
| Key Management | Abhishek Napit (CEO) |
| Revenue (US$ Bn) | $2.2 B (2023) |
| Headcount | ~ 50,500 (2023) |
| Website | http://www.parleproducts.com/ |
About Parle Products
Parle Products Pvt. Ltd. is a well-known company famous for its diverse range of food items, including cookies. Alongside its biscuits and confectionery, Parle offers a variety of cookies, focusing on quality and affordability. With a commitment to innovation and consumer satisfaction, Parle continues to expand its presence in the cookie market, providing consumers with a wide selection of tasty treats.
As a leading player in the food industry, Parle is dedicated to delivering high-quality cookies that cater to the evolving preferences of consumers worldwide.
Geographical Presence
Parle Products Pvt. Ltd. maintains a robust geographical presence, spanning across India and international markets. Domestically, the company’s products are widely distributed, catering to diverse consumer preferences in urban and rural areas alike.
Leveraging strategic distribution channels, Parle ensures widespread accessibility throughout the country. Internationally, Parle has successfully expanded its footprint, establishing a strong presence in numerous countries.
Recent Developments
- In September 2021, Parle Products introduced its entry into the cereal market by expanding its renowned brand ‘Hide & Seek’ into this category.
- In April 2020, Parle Products launched a packaged wheat flour (atta) brand.
Nestle
Company Overview
| Establishment Year | 1866 |
| Headquarter | Vevey, Switzerland |
| Key Management | Paul Bulcke (Chairman) |
| Revenue (US$ Bn) | $ 98.9 Billion (2022) |
| Headcount | ~ 275,000 (2022) |
| Website | https://www.nestle.com/ |
About Nestlé
Nestlé S.A. is a global food and beverage company known for its wide range of products, including cookies. Although Nestlé is best known for its chocolates and dairy items, it also offers various cookie brands. With a focus on quality and innovation, Nestlé expands its presence in the cookie market, providing consumers with a diverse array of tasty treats.
Additionally, Nestlé emphasizes sustainability and ethical sourcing in its production processes, ensuring its products are made with consideration for people and the environment. As a leading player in the food industry, Nestlé is committed to meeting the changing preferences of consumers worldwide, offering enjoyable snacking options through its cookies.
Geographical Presence
Nestlé S.A., headquartered in Switzerland, holds a remarkable geographical presence across more than 180 countries, establishing itself as a leading global player in the food and beverage sector. With a network of manufacturing sites, distribution hubs, and regional offices worldwide.
Nestlé efficiently caters to diverse markets while maintaining a balanced revenue distribution between developed and emerging economies. While the company retains a strong foothold in mature markets like Europe and North America, it also prioritizes growth in emerging regions such as Asia, Latin America, and Africa.
Recent Developments
- In September 2023, Nestlé agreed with Advent International to acquire a majority share in Grupo CRM, a leading premium chocolate company in Brazil.
- In September 2023, Nestlé sold its peanut allergy treatment business, Palforzia, to Stallergenes Greer, a biopharmaceutical firm focused on allergy treatment.
Campbell-Soup
Company Overview
| Establishment Year | 1869 |
| Headquarter | Camden, New Jersey, U.S. |
| Key Management | Mark Clouse (President & CEO) |
| Revenue (US$ Bn) | $ 9.4 Billion (2023) |
| Headcount | ~ 14,500 (2023) |
| Website | http://www.campbellsoupcompany.com/ |
About Campbell Soup
Campbell Soup Company, known for its diverse food range including cookies, emphasizes quality and consumer satisfaction. While famous for soups and canned goods, it also offers various cookies. With a commitment to sustainability, the company ensures responsible sourcing in its production.
Campbell Soup Company aims to meet global consumer preferences by providing delicious cookie options, maintaining its leading position in the food industry.
Geographical Presence
Campbell Soup Company maintains a robust global presence, with its products distributed across North America, Europe, Asia-Pacific, and Latin America. Predominantly rooted in the United States and Canada, the company has established a strong foothold in these markets, supported by an extensive distribution network.
Expanding its reach internationally, Campbell Soup operates in key regions such as Europe, including the United Kingdom, Germany, and France, and the Asia-Pacific, encompassing China, Japan, and Australia. Additionally, the company has a presence in Latin America, notably in Mexico and Brazil.
Recent Developments
- In August 2023, Sovos Brands, Inc. and Campbell Soup Company reached an agreement for Campbell to purchase Sovos Brands, Inc. This strategic acquisition enriches Campbell’s Meals & Beverages division with a premium brand portfolio, boosting diversification and growth potential.
Britannia
Company Overview
| Establishment Year | 1892 |
| Headquarter | Kolkata, India |
| Key Management | Nusli Wadia (Chairman) |
| Revenue (US$ Bn) | $ 2.2 Billion (2023) |
| Headcount | ~ 4,570 (2023) |
| Website | https://www.britannia.co.in/ |
About Britannia
Britannia Industries Limited is a well-known food company celebrated for its diverse product lineup, including cookies. While renowned for its baked goods and dairy items, Britannia also offers various cookies under different brands. With a strong emphasis on quality and customer satisfaction, Britannia is expanding its presence in the cookie market, providing a wide array of tasty options.
Additionally, the company prioritizes sustainability and responsible sourcing in its production, ensuring its products are made with care for people and the planet. As a leading player in the food industry, Britannia Industries Limited remains dedicated to meeting global consumer preferences and delivering delightful snacking experiences through its cookie offerings.
Geographical Presence
Britannia Industries Limited has a strong geographical presence, both domestically and internationally. In India, the company boasts widespread distribution across urban, semi-urban, and rural areas, supported by an extensive network of manufacturing facilities.
Internationally, Britannia has successfully entered key markets across the globe, including the Middle East, Africa, Southeast Asia, and the Americas, through strategic partnerships and subsidiaries.
Recent Developments
- In March 2023, Britannia’s Winkin’ Cow beverage brand launched a new television commercial for its Thick Shakes line. The ad, created by McCann Worldgroup, highlights the product’s multisensory experience, calling it a “celebration for your senses.”
- In November 2022, Britannia introduced a new offering through Britannia NutriChoice aimed at individuals with diabetes. This service offers personalized diet plans tailored to age and dietary preferences, considering the diverse food options available nationwide.
Hershey
Company Overview
| Establishment Year | 1894 |
| Headquarter | Hershey, Pennsylvania, U.S. |
| Key Management | Michele Buck (Chairman, President and CEO) |
| Revenue (US$ Bn) | $ 10.4 Billion (2022) |
| Headcount | ~ 18,075 (2022) |
| Website | https://www.thehersheycompany.com/en_us/home.html |
About Hershey Company
The Hershey Company, renowned for its extensive product range, including cookies, is primarily associated with chocolates and confectionery. Despite this, Hershey also offers a variety of cookies across different brands. With a strong emphasis on quality and customer satisfaction, Hershey has expanded its footprint in the cookie market, providing consumers with a wide range of delicious options.
Additionally, the company prioritizes sustainability and responsible sourcing in its production, ensuring products are made with care for both people and the planet. As a leading player in the food industry, The Hershey Company remains dedicated to meeting the changing preferences of consumers worldwide, offering enjoyable snacking experiences through its cookie offerings.
Geographical Presence
The Hershey Company boasts a strategic global presence, centered around its headquarters in Hershey, Pennsylvania, USA. With a strong foothold in North America, particularly the United States and Canada, Hershey’s has established extensive manufacturing facilities and distribution centers to ensure widespread product availability.
Expanding its reach into Europe, Asia-Pacific, and Latin America, Hershey’s has targeted key markets such as the United Kingdom, China, Mexico, and Brazil. By leveraging its brand strength and adapting to local preferences, the company aims to capitalize on growth opportunities in emerging markets while maintaining its leadership position in mature markets.
Recent Developments
- In March 2023, the Hershey Company responded to the growing demand for plant-based snacks by introducing two new options: Hershey’s Plant-Based and Reese’s Plant-Based.
- In November 2021, Hershey Company purchased Dot’s Pretzels LLC, known for Dot’s Homestyle Pretzels, the fastest-growing brand in pretzels.
Danone
Company Overview
| Establishment Year | 1919 |
| Headquarter | Paris, Ile-de-France |
| Key Management | Gilles Schnepp (Chairman) |
| Revenue (US$ Bn) | $ 29.1 Billion (2023) |
| Headcount | ~ 96,166 (2023) |
| Website | https://www.danone.com/ |
About Danone
Danone S.A. is a renowned multinational corporation recognized for its diverse portfolio of food and beverage products, although cookies are not a primary focus. The company’s main offerings include dairy products, bottled water, and baby food.
While Danone may not specialize in cookies, it has been known to offer some cookie-related products under its various brands. With a strong emphasis on quality, nutrition, and sustainability, Danone strives to meet the evolving needs and preferences of consumers worldwide.
As a leading player in the food and beverage industry, Danone remains committed to providing nutritious and enjoyable products to its customers.
Geographical Presence
Danone S.A., based in Paris, France, has a strong global presence spanning Europe, North America, Asia-Pacific, Latin America, and Africa. The company holds significant market positions in key European countries such as France, Germany, Spain, Italy, and the UK.
In North America, particularly in the US and Canada, Danone has invested heavily to enhance its competitiveness in the food and beverage industry. Furthermore, it has strategically entered emerging markets like China, India, Brazil, Mexico, and several African nations to meet the rising demand for healthier and sustainable food choices.
Recent Developments
- In November 2023, Danone introduced Fortimel, its inaugural medical nutrition product in China’s adult Foods for Special Medical Purposes category. This launch aligns with Danone’s strategy in China to utilize its scientific knowledge across different life stages and enhance growth in adult medical nutrition.
- In September 2023, Danone introduced the Partner for Growth program, a global strategic partnerships initiative aimed at enabling Renew Danone. This program seeks to enhance innovation and efficiency, from product development to reaching consumers, fostering sustainable growth.
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