Germany Cookies Market Research Report, 2027

Germany Cookies Market Research Report, 2027

Actual Market Research 30-11-2022 55 Pages Figures : 5 Tables : 17 Region : Europe Country : Germany Category : Food & Beverages Food

The cookie market of Germany is driven by increased per capita consumption and a growing desire for healthier snacking habit. The introduction of new options and the development of product lines contribute to the expansion of the market. Ingenious packaging, new flavors, shapes, and techniques have increased the demand for sweet biscuits. The growth of supermarkets and hypermarkets has increased consumer awareness of sweet cookies on the market. With improved raw material use, processing, preservation, and advanced packaging strategies, the food sector is rapidly evolving. This has resulted in the creation of new ideas and modern food options that fuel the development of the snack food industry. According to the report, "Germany Cookies Market Research Report, 2027," published by Actual Market Research, the market is anticipated to add up by USD 0.39 billion by 2027. The increasing demand for bakery-based products among the population is the major factor driving the growth of the market. In addition, the changing lifestyle and working habits, availability of digestive, gluten-free, healthy Cookies are the key factor for fueling the market growth. Furthermore, economic improvement and growing disposable income are some other factors driving the growth of the market. Based on Product type, Bar Cookies are currently dominating the market with highest share in the market followed by drop cookies and molded cookies, Sandwich cookies is expected to grow more during the forecast period because of more nutritional benefits from the fillings of sandwich cookies such as ice creams, lemon curd, buttercream, Chocolate, ganache, and jam than other cookies categories. Flexible packaging and rigid packaging are the two categories based on the type of packaging. Rigid Packaging's market share is very closely followed by Flexible Packaging in terms of market share. The expansion of flexible packaging is anticipated to be constrained by rising government rules banning single-use plastics, whereas rigid packaging is anticipated to grow more quickly as plastic-free materials, papers, cardboards, and other raw materials are increasingly used in its production. The population of Germany was 83.1 Million, of which 41.1 Million are male and 42 Million are female. Of the total population, majority i.e. 53.18 Million are aged between 15-65 years. The urban population is 64.24 million and the rural population is 18.86 million. As per World Bank, The GDP of Germany was USD 4.22 Trillion in 2021, the inflation rate was 3.1%, and per capita income is $50,801.8 (2021). Rising Per capita income is one of the major drivers for Germany Cookies Market. Lebkuchen are the most famous cookies in Germany. These cookies are typically heart-shaped and often as large as dinner plates. They are made with a variety of ingredients, and they range across a broad spectrum, from spicy to sweet. Common items included in the cookie are honey, anise, cardamom, cloves, ginger, and nuts. Some of the other cookie brands are Heidesand, Bettmänchen, Spritzgebäck, Wibele, Glühweinplätzchen, Anisplätzchen, Aachener Printen, Hausfreunde, Pfeffernusse, Vanillekipferl, Springerle, and Zimtsterne. Speculaas are spiced cookies that are popular throughout Belgium, Germany, and the Netherlands. The cookies, which have an intense aroma of cinnamon, cloves, nutmeg, and ginger, are traditionally baked on the eve of St. Nicholas Day, which is celebrated on December 5 and 6. Based on Distribution Channel, Supermarkets & Hypermarkets hold a major in Germany Cookies Market as the advantage of getting all products in one location and also many options at the same time. The biggest hypermarkets and supermarkets in the Germany are Rewe, Edeka, Kaufland, Globus, HIT, and Tegut. Edeka is the biggest supermarket chain in Germany, with over 11,000 stores nationwide. REWE is the second-largest supermarket chain with over 3,600 supermarkets in Germany. The E-Commerce segment is projected to expand at a remarkable CAGR over the forecast period, which can be attributed to increasing internet penetration rates across Germany. E-commerce platforms offer a wide range of products to their consumers at attractive discounts, and they provide multiple payment options such as net banking, debit cards, and credit cards, which are some of the important factors augmenting the segment's growth. COVID-19 IMPACT: Due to the COVID-19 pandemic, the Germany cookies market was not much impacted as cookies remained one of the most consumed snacks across the country. Moreover, consumers stacking long shelf-life items, including cookies and biscuits resulted in lesser product availability in the market. Nonetheless, consumers opting for convenient healthy snacking options drove the demand for different types of cookies. The COVID-19 has accelerated the adoption of online sales, and online sales will continue to be a growth channel for this category during the forecast period. Considered in this report • Geography: Germany • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Germany 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 Packaging Type • 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.

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