Spain Cookies Market Research Report, 2027

The most famous cookies in Spain are Almendrados (Spanish Almond Cookies), Mantecados, Polvorones, Nevaditos (Spanish Powdered Sugar Cookies), Spanish Peanut Cookies, Polvorones de Canele (Cinnamon Cookies), Spanish Churros, Polvorones de Coco, Alfajores Recipe (Dulce de Leche Cookies), Marquesas, and Borrachuelo. Mantecados is the most famous cookie in Spain; it is one of the oldest, dating from the 15th century. A Cookie is small bread made from a mixture of flour, sugar, or salt plus butter or vegetable shortening and baking powder as a leavening agent. Cookies are rich in nutritional profiles including fat, fiber, and carbohydrates. This makes them a highly preferred breakfast meal consumed in Spain. There is a rising consumer demand for products containing no genetically modified and natural ingredients owing to growing awareness regarding health and safety concerns. In addition to improving lifestyles, the popularization of easy purchases through online shopping, among other new methods of sales, is keeping the sector alive. Moreover, the cookie producers have effortlessly storable products on the shelf for e-commerce; thus, the increasing number of online retailers is boosting the cookie manufacturers' business. Moreover, the low-cost local manufacturers are improving and expanding their production capacities. According to the report, "Spain Cookies Market Research Report, 2027," published by Actual Market Research, the market is anticipated to add USD 0.42 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. There are 47.33 million people living in Spain, including 23.29 million men and 24.04 million women. An estimated 30.98 million people, or the majority of the population, are between the ages of 15 and 65. 38.34 million People live in urban regions, compared to people who live in rural areas. According to the World Bank, Spain is expected to have a GDP of $1.43 trillion USD, an inflation rate of 3.1%, and a per capita income of $30,115.7. Rising Population is one of the drivers for growth of cookies market in Spain. In addition, it is clear that customers are choosing better food options to prevent issues with obesity, imbalanced diets, and other health issues. Market participants have introduced healthier cookies including oatmeal cookies, vegan cookies, sugar-free cookies, and gluten-free cookies in response to this. In addition, the availability of digestive cookies on the market enables consumers to supplement their diets with healthy foods that will improve digestion. As a result, there is now a tremendous chance for the market for cookies to flourish. Based on Distribution Channel, Supermarkets & Hypermarkets hold a major in Spain 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 Spain are Mercadona, Carrefour, Alcampo, and Eroski. Mercadona is the largest Spanish supermarket chain, with over 1,500 stores across Spain (and neighboring Portugal). Products are reasonably priced, but the range can differ depending on the size and location of the store. Carrefour has the second-highest market share in Spain, with over 1,000 stores. These range from hypermarket-style outlets to smaller neighborhood shops. 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 Spain. 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 Spain cookies market was not much impacted as cookies remained one of the most consumed snacks across the region. Moreover, consumers stacking long shelf-life items, including cookies and Cookies 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: Spain • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Spain 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.