Consumption of protein cookies lowers blood pressure. Moreover, these cookies have low calorie content. Increasing health awareness is expected to boost demand for protein cookies. Product development on the basis of varying protein content, flavors, attractive packaging, and safer ingredients is also expected to increase demand for protein cookies. Protein cookies are available in boxes as well as a single cookie packed in a sachet. Moreover, protein cookies are used for gifting along with chocolates. These factors are expected to boost the market growth during the forecast period.
Market Dynamics
Among flavor, the chocolate segment is expected to hold dominant position in the protein cookie market during the forecast period, owing to increasing awareness regarding health benefits of chocolate as an ingredient in protein cookies. Cocoa is the main ingredient of chocolate, which is a good source of antioxidants. Therefore, there is increasing demand for chocolate based protein cookies during the forecast period.
Among distribution channel, the hypermarkets & supermarkets segment held dominant position in 2022, owing to various offers and discounts available in these stores. Moreover, people prefer to purchase protein cookies from hypermarkets & supermarkets due to the attractive display of variety of protein cookies in these stores.
Furthermore, the online stores segment is expected to witness significant growth during the forecast period, owing to increasing use of internet services and mobile phones. For instance, according to the World Bank data, in 2013, the total number of individuals using internet were 36.73% of the global population, which reached to 48.57% of the global population in 2017.
Key features of the study:
- This report provides in-depth analysis of global protein cookie market and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global protein cookie market based on the following parameters –company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include, Lenny & Larry's LLC, Quest Nutrition, Munk Pack, Justine’s Limited, NuGo Nutrition, No Cow LLC, Buff Bake, MuscleTech, Xterra Nutrition, and The Hershey Company
- Insights from this report would allow marketers and the management authorities of the companies to make an informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- Global protein cookie market report caters to various stakeholders in this industry including investors, suppliers, protein cookie manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the protein cookie market
Detailed Segmentation:
- Global Protein Cookie Market, By Flavor:
- Fruit & Dried Fruits
- Chocolate
- Nuts & Seeds
- Others
- Global Protein Cookie Market, By Protein Source:
- Plant Source
- Animal Source
- Global Protein Cookie Market, By Distribution Channel:
- Hypermarkets & Supermarkets
- Convenience Stores
- Online Stores
- Others (Grocery Stores, Departmental Stores, etc.)
- Global Protein Cookie market, By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- Lenny & Larry's LLC*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Quest Nutrition
- Munk Pack
- Justine’s Limited
- NuGo Nutrition
- No Cow LLC
- Buff Bake
- MuscleTech
- Xterra Nutrition
- The Hershey Company
“*” marked represents similar segmentation in other categories in the respective section.