The global Cookie Dough market is expected to reach a market valuation of US$ 12.3 billion by 2023, recording a CAGR of 5.7% from 2023 to 2033.
Throughout the projection period of 2023 to 2033, the cookie dough market may experience the highest rate of growth. Several governments all over the world were obliged to enact lockdown measures as a result of the recent coronavirus pandemic in order to slow the rate of transmission. Many others choose to stay at home as a result of this. During the lockdown, baking is becoming a new viral fad. Many individuals experiment with different cookie and cake recipes. The cookie dough market may see a turning point as a result of this element.
| Attributes | Details |
|---|---|
| Cookie Dough Market Size (2023E) | US$ 12.3 billion |
| Cookie Dough Market Projected Size (2033F) | US$ 21.5 billion |
| Value CAGR (2023 to 2033) | 5.7% |
| Top 3 Countries Marketing Share | 70.4% |
As more people choose to live healthier lifestyles, the low-fat cooking dough is also proven to be advantageous for accelerating the growth rate of the cookie dough industry. A game-changer for the expansion of the cookie dough market could be the rising hygiene concerns. Due to concerns about cleanliness standards at bakeries, people choose to make their own cookies rather than purchasing ready-made ones. As a result, the cookie dough market can considerably benefit from this characteristic.
In our new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for Cookie Dough.
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| Market Statistics | Details |
|---|---|
| Jan-Jun (H1), 2021 (A) | 5.5% |
| Jul-Dec (H2), 2021 (A) | 5.3% |
| Jan-Jun (H1), 2022 Projected (P) | 5.4% |
| Jan-Jun (H1), 2022 Outlook (O) | 5.5% |
| Jul-Dec (H2), 2022 Projected (P) | 5.2% |
| Jul-Dec (H2), 2022 Outlook (O) | 5.1% |
| Jan-Jun (H1), 2023 Projected (P) | 5.3% |
The newest fashion, edible cookie dough, has been gaining acceptance. With the exception of the leavening agent, the cookie components are used to commercially create the cookie dough. To achieve optimal results, the leavening agent is meant to be added last. The heated dough is now edible as a result. The cookie dough is subsequently transported to retail outlets or for end users after being chilled or frozen, and packed in accordance with specifications. Cookie dough offers a simpler method of enjoying homemade cookies with a variety of tastes for personal preferences.
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People now lead healthy lifestyles as a result of numerous health issues. But, consumers are unwilling to compromise on taste. As a result, the companies that make cookie dough are developing healthy substitutes. Today's cookie dough is referred to as organic because it has no additives or preservatives. Moreover, a variety of whole-wheat, multi-grain, and nut-based cookie doughs are readily available and may draw in additional customers. Also, this cookie dough is marketed and promoted in a way that may appeal to people who are concerned about their health. All of this is accomplished without sacrificing the quality of the cookie dough or the variety of flavors.
In 2021, North America dominated the industry globally and was responsible for the largest portion of the total revenue, or more than 33.7%. High consumer demand is the region's main driver. Moreover, one of the major factors driving the market's expansion is the accessibility of ready-to-cook foods. Also, the region's high employment rate causes a strong demand for and usage of these products, which contributes to the market's overall expansion. Also, the region's high internet penetration rate and increasing use of online meal ordering platforms are anticipated to spur growth.
The highest CAGR is projected for Asia Pacific during the forecast period. The rising disposable income of customers is what is driving the region's growth. The regional market is being driven by consumers' increased expenditure on frozen meals as a result of higher levels of disposable income. In addition, the region's expansion is being fueled by shifting lifestyles, rising adoption, and the popularity of western delicacies. It is also anticipated that the region's product demand will increase as more fast-food options are made available by different dining services in developing nations.
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The market for cookie dough is expected to continue to develop as a result of the increasing use of edible cookie dough in various products. On social networking sites, the use of cookie dough in a variety of recipes is a developing trend. For instance, a new breakfast recipe that substitutes cookies for pancakes to make chocolate chip cookie cereal is now popular on social media. Such offshoots that incorporate cookies into different recipes may present favorable growth prospects for the cookie dough market.
The newest fad in the desserts department is cookie dough. The cookie dough was observed to develop quickly in 2022. As a result, there are now more stores selling cookie dough. As a result, there are now more rival companies making cookie dough for these businesses to buy commercially. Wheat-producing businesses in Kansas, Oklahoma, Minnesota, South Dakota, and North Dakota considerably contribute to the high demand for this cookie dough.
The popularity of cookie dough among consumers has also led to a surge in the incorporation of this dough into a variety of products, including ice cream, confectioneries, etc. This could lead to a rise in product sales.
Cookie Dough market is only slightly fragmented. The major market players are concentrating on expansion tactics like mergers and acquisitions and extending their distribution networks to increase their market position. The manufacturers in the market used a variety of competitive methods, including product releases, free-from claims, and organic and natural origin claims.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | US$ million for Value and Metric Ton for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; the Middle East and Africa |
| Key Countries Covered | United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
| Key Segments Covered | Nature, Ingredients, Flavor, End Use, Sales Channel, Region |
| Key Companies Profiled | General Mills Inc.; Nestle S.A.; Cérélia Group; Dawn Foods UK Ltd.; Dough-to-Go Inc.; Rhino Foods Inc.; Neighbors LLC; Gregory's Food's Inc.; Cookie Dough & Co. Do-Biz Foods LLC; Mo's Cookie Dough Ltd.; Foxtail Foods; Michael's Bakery Products LLC; George Weston Limited; Wewalka; Sara Lee Bakery Group |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Cookie Dough Market is valued at US$ 12.3 billion in 2023.
The Cookie Dough Market valuation is expected to be US$ 21.5 billion in the year 2023.
The value of CAGR for the Cookie Dough Market is estimated to be 5.7%.
The edible cookie dough segment would garner a significant market value share by 2023.
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