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Mexico Cookies Market Overview, 2027

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    Report

  • 55 Pages
  • November 2022
  • Region: Mexico
  • Bonafide Research
  • ID: 5701382
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A cookie is small bread made from a mixture of flour, sugar, or salt, and butter or vegetable shortening, with baking powder as a leavening agent. Cookies have a high nutritional profile, including fats, fibers, and carbohydrates. This makes them a highly preferred breakfast meal consumed in the Mexico. Due to growing consumer knowledge of health and safety issues, there is an increase in the demand for products made with natural components and no genetically modified substances. 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, Mexico Cookies Market Overview, 2027 the market is anticipated to increase by USD 0.19 Billion from 2022 to 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. However, the rising manufacturing cost and price related to the cost of raw materials are factors expected to hamper the 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 is preferred by the majority of the population thereby augmenting the market growth.

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. Based on Packaging type, Flexible packaging leads the market with very minimal share ahead of Rigid Packaging. In terms of Distribution channel, Hypermarkets & Supermarkets have majority share of market followed by specialty stores, E-commerce/ online segment is expected to grow more among others during forecast period.

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. Polvorones (which happens to be the name for like 4 different cookies) are essentially Mexico’s version of the sugar cookie but colored with yellow or pink food coloring. They are crunchy on the outside but soft and chewy on the inside. Mexican wedding cookies date back to century’s worth of history and traditions spanning the world. In addition to delicious flavor, these cookies carry more history and significance than meets the eye. Mexican wedding cookies may come to mind when brainstorming recipes for a holiday cookie swap. Though the name may imply otherwise, Mexican wedding cookies are made for occasions other than celebrating matrimony. During Christmastime, you’ll likely find some variation of these powdered sugar-dusted, crunchy, nut-filled cookies among an assortment of holiday treats.

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: Mexico
  • Historic year: 2016
  • Base year: 2021
  • Estimated year: 2022
  • Forecast year: 2027

Aspects covered in this report

  • Mexico 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

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.

Table of Contents

1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Mexico Macro Economic Indicators
5. Market Dynamics
5.1. Key findings
5.2. Market Drivers
5.3. Market Restraints
5.4. Policies & Certification
5.5. Opportunities
5.6. Value Chain Analysis
5.7. Key Developments - 2021
5.8. Covid-19 Effect
5.9. Industry Experts Views
6. Mexico Market Trends
7. Mexico Cookies Market Overview
7.1. Market Size By Value
7.1.1. Market Size and Forecast By Product
7.1.2. Market Size and Forecast By Packing
7.1.3. Market Size and Forecast By Distribution Channel
8. Mexico Cookies Market Segmentations
8.1. Mexico Cookies Market, By Product
8.1.1. Mexico Cookies Market Size, By Bar Cookies, 2016-2027
8.1.2. Mexico Cookies Market Size, By Sandwich Cookies, 2016-2027
8.1.3. Mexico Cookies Market Size, By Molded Cookies, 2016-2027
8.1.4. Mexico Cookies Market Size, By Pressed Cookies, 2016-2027
8.1.5. Mexico Cookies Market Size, By Rolled, 2016-2027
8.1.6. Mexico Cookies Market Size, By Other Cookies, 2016-2027
8.2. Mexico Cookies Market, By Packing
8.2.1. Mexico Cookies Market Size, By Flexible Packing, 2016-2027
8.2.2. Mexico Cookies Market Size, By Rigid Packing, 2016-2027
8.2.3. Mexico Cookies Market Size, By Other Packing, 2016-2027
8.3. Mexico Cookies Market, By Distribution Channel
8.3.1. Mexico Cookies Market Size, By Supermarket & Hypermarket, 2016-2027
8.3.2. Mexico Cookies Market Size, By Convenience Store, 2016-2027
8.3.3. Mexico Cookies Market Size, By Speciality Store, 2016-2027
8.3.4. Mexico Cookies Market Size, By E-Commerce/Online, 2016-2027
8.3.5. Mexico Cookies Market Size, By Others, 2016-2027
9. Mexico Cookies Market Opportunity Assessment
9.1. By Product, 2022E to 2027F
9.2. By Packing, 2022E to 2027F
9.3. By Product Type, 2022E to 2027F
10. Competitive Landscape
10.1. Porter's Five Forces
10.2. Company Profile
10.2.1. Company 1
10.2.1.1. Company Snapshot
10.2.1.2. Company Overview
10.2.1.3. Financial Highlights
10.2.1.4. Geographic Insights
10.2.1.5. Business Segment & Performance
10.2.1.6. Product Portfolio
10.2.1.7. Key Executives
10.2.1.8. Strategic Moves & Developments
10.2.2. Company 2
10.2.3. Company 3
10.2.4. Company 4
10.2.5. Company 5
10.2.6. Company 6
10.2.7. Company 7
10.2.8. Company 8
11. Strategic Recommendations12. Disclaimer
List of Figures
Figure 1: Mexico Cookies Market Size By Value (2016, 2021 & 2027F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Product
Figure 3: Market Attractiveness Index, By packing
Figure 4: Market Attractiveness Index, By Product Type
Figure 5: Porter's Five Forces of Mexico Cookies Market
List of Tables
Table 1: Mexico Cookies Market Size and Forecast By Product (2016, 2021 & 2027F)
Table 2: Mexico Cookies Market Size and Forecast By Packing (2016, 2021 & 2027F)
Table 3: Mexico Cookies Market Size and Forecast By Distribution Channel (2016, 2021 & 2027F)
Table 4: Mexico Cookies Market Size of Bar Cookies (2016 to 2027) in USD Billion
Table 5: Mexico Cookies Market Size of Sandwich Cookies (2016 to 2027) in USD Billion
Table 6: Mexico Cookies Market Size of Molded Cookies (2016 to 2027) in USD Billion
Table 7: Mexico Cookies Market Size of Pressed Cookies (2016 to 2027) in USD Billion
Table 8: Mexico Cookies Market Size of Rolled (2016 to 2027) in USD Billion
Table 9: Mexico Cookies Market Size of Other Cookies (2016 to 2027) in USD Billion
Table 10: Mexico Cookies Market Size of Flexible Packing (2016 to 2027) in USD Billion
Table 11: Mexico Cookies Market Size of Rigid Packing (2016 to 2027) in USD Billion
Table 12: Mexico Cookies Market Size of Other Packing (2016 to 2027) in USD Billion
Table 13: Mexico Cookies Market Size of Supermarket & Hypermarket (2016 to 2027) in USD Billion
Table 14: Mexico Cookies Market Size of Convenience Store (2016 to 2027) in USD Billion
Table 15: Mexico Cookies Market Size of Speciality Store (2016 to 2027) in USD Billion
Table 16: Mexico Cookies Market Size of E-Commerce/Online (2016 to 2027) in USD Billion
Table 17: Mexico Cookies Market Size of Others (2016 to 2027) in USD Billion