The Cookie, Cracker, Pasta, And Tortilla Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Cookie, Cracker, Pasta, And Tortilla Global Market Report 2024, The cookie, cracker, pasta, and tortilla market size has grown strongly in recent years. It will grow from $268.66 billion in 2023 to $285.48 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to the demand for convenient and ready-to-eat snacks and meal, industrialization and mass production, global food trade, marketing and branding, consumer preferences for flavor variety:.
The cookie, cracker, pasta, and tortilla market size is expected to see strong growth in the next few years. It will grow to $353.42 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to health and wellness trends, sustainability and ethical sourcing, clean label and natural ingredients, digital marketing and e-commerce, innovation in packaging. Major trends in the forecast period include plant-based and alternative ingredients, functional foods, international and ethnic flavors, artisan and craft products, convenient and on-the-go snacks.
The cookie, cracker, pasta, and tortilla markets’ growth is aided by the stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), global GDP growth reached 3.3% in 2020 and 3.4% in 2021, both according to the IMF. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market’s growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period.
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The cookie, cracker, pasta, and tortilla market covered in this report is segmented –
1) By Type: Cookie and Cracker; Dry Pasta, Dough, and Flour Mixes; Tortilla
2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Other Distribution Channels
3) By End Use: Meals; Intermediate Products; Other End Users
The cookie, cracker, pasta, and tortilla market report table of contents includes:
1. Executive Summary
2. Cookie, Cracker, Pasta, And Tortilla Market Characteristics
3. Cookie, Cracker, Pasta, And Tortilla Product/Service Analysis -Product/Service Examples
4. Cookie, Cracker, Pasta, And Tortilla Market Trends And Strategies
5. Cookie, Cracker, Pasta, And Tortilla Market – Macro Economic Scenario
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68. Global Cookie, Cracker, Pasta, And Tortilla Market Competitive Benchmarking
69. Global Cookie, Cracker, Pasta, And Tortilla Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Cookie, Cracker, Pasta, And Tortilla Market
71. Cookie, Cracker, Pasta, And Tortilla Market Future Outlook and Potential Analysis
72. Appendix
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