Canada Cookies Market Research Report, 2027

The North America Cookies Market appears to dominate the food industry due to its innovation packaging, new flavors, flavors, shapes, new technologies, and growing consumer health awareness. When it comes to sweet baked goods, it seems Canadians have a clear favorite. Nearly three quarters (72 percent) of Canadians eat cookies. The popularity of cookies from coast to coast, it appears not all generation see eye to eye with regard to their favorite sweet baked goods. Younger consumers aged 18-44 are more likely to eat donuts (49 percent vs 39 percent of consumers 45+), bars (38 percent vs 29 percent) and cupcakes (37 percent vs 21 percent); meanwhile, those aged 45+ have a sweet tooth for pies (50 percent vs 39 percent of 18-44s). According to the report, "Canada Cookies Market Research Report, 2027," published by Actual Market Research, the market is anticipated to increase by USD 0.22 Billion from 2021 to 2027. The increasing demand for bakery-based products among the population is the major factor driving the growth of the market. In addition to the changing lifestyle and working habits, the availability of digestive, gluten-free, and healthy cookies is a key factor fueling market growth. Furthermore, economic improvement and growing disposable income are some other factors driving the growth of the market. However, the rising manufacturing costs and prices related to the cost of raw materials are factors expected to hamper market growth. The availability of a wide variety of cookies as a snack for consumers is the major driving factor for the cookie market. It is a ready-to-use snack and is consumable at any time during the day. In addition, they are available at different prices, flavors, sizes, or quantities and with attractive packaging, which makes them convenient to store and carry and, hence, preferred by the majority of the population, thereby augmenting market growth. Based on product type, bar cookies are currently dominating the market with the highest share in the market, followed by drop cookies and molded cookies. Sandwich cookies are expected to grow more during the forecast period. Based on packaging type, flexible packaging leads the market with a very minimal share ahead of rigid packaging. In terms of distribution channels, hypermarkets and supermarkets have the majority share of the market, followed by specialty stores. The e-commerce/online segment is expected to grow the most among others during the forecast period. The top Canadian grocery stores are Loblaw, Metro, Sobeys, Safeway, Walmart, Real Canadian Superstore, No Frills, Canadian Tire, Food Basics, FreshCo, and many more. Loblaw Company has an overall total of 2400 chain stores. Metro has over 142 outlets under Marche Richelieu's banner. Safeway Grocery's franchise in the western part of the country is the 3rd largest, with almost 200 outlets, especially in Alberta and British Columbia. Covid-19 The COVID-19 pandemic initially caused the temporary shutdown of manufacturing plants and loss of manpower, which reduced the production of cookies. In some countries, the cookie manufacturers were exempted from the lockdown restrictions, but the difficulty in the procurement of raw material due to the least mobility led to a shortage of production. The import and export ban imposed in several countries led to the disruption of the supply chain market. The domestic supply chain disruption caused due to the transportation restrictions and shutdown of distribution channels impacted the sales and revenue of the cookies market. Supermarkets and retail stores faced a shortage of the product due to initial panic buying and later due to the shutdown. The demand for cookies increased, whereas the supply was not able to meet the requirements. Considered in this report • Geography: Canada • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Canada Cookies market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Bar Cookies • Sandwich Cookies • Molded Cookies • Pressed Cookies • Rolled Cookies • Others Cookies (Drop Cookies, No-bake Cookies, Refrigerator Cookies, Ice Box Cookies, etc.) By Packing • Flexible Packing • Rigid Packing • Other Packing By Distribution Channel • Hypermarkets/Supermarkets • Specialty Stores & Retailers • Online Retailers • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Cookies industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.