Nut
Free Cookies Market: Introduction:
A
cookie is nothing but a baked snack that is flat and sweet. Its basic
ingredient usually consist of flour, sugar and some other type of oil
or fat. And it comes in various delicious flavors such as chocolate,
strawberries, vanilla favorably. Cookies can be classified into nut
cookies and nut free cookies. Nut free cookies are free from nuts,
peanuts, gluten and soy. It is available in various flavors and
ingredients. Nut free cookies are mostly favorable for people who are
suffering from diabetes or obesity. Nuts are most common food usually
associated with allergic reactions. Symptoms such as rashes, hives,
or inflammation are some of the common side effects. These factors
are expected to support nut free cookies market over the forecast
period.
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Nut
Free Cookie Market: Segmentation:
Nut
free cookies market can be segmented into ingredients, end use and
distribution channel.
On
the basis of product type, the nut free cookies can be segmented into
chocolate nut free cookies, Oatmeal cookies, Gingerbread cookies,
Cinnamon cookies and others. Owing to busy lifestyle adopted by the
consumers and they being more health conscious, volume share for
Oatmeal cookies is expected to grow at a faster rate compared to
other nut free cookie types.
On
the basis of end use, Nut free cookies can be segmented into
Households, Food services (HORECA) and commercials (Airlines, Office
and other concerned institutions). Among these end users, volume
sales for households and commercials has been anticipated to grow.
This could be attributed to consumer’s perception of health benefit
on having nut free cookies in their regular diet plan.
On
the basis of distribution, Nut free cookies can be segmented into
direct channel and indirect channel. Indirect channel can be further
sub segmented into Modern trade, convenience store, E-retailers and
others (Club and specialty store). Nut free cookies has its main
distribution flow coming modern trade and convenience store which are
easily accessible for target customers. Due to rising internet
penetration in the recent past globally, distribution through E-
Retailers is expected to surge the market. On the other hand, Club
stores is expected to witness moderate distribution for nut free
cookies mainly in North American regions.
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Nut
Free Cookie Market: Regional Outlook:
The
global nut free cookie market has been segmented into seven key
regions including North America and Latin America, Eastern Europe,
Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle
East & Africa. The global Gluten free product market is expected
to grow at faster rate in the coming years owing to the rising
awareness of its health benefits. Nut free cookies being a gluten
free product, will witness its growth in terms of value and volume
sales globally. The European region is projected to be the
fastest-growing market in the near future owing to the health
concerns in the region. North American and Asia Pacific regions are
the other two regions where the nut free cookie market is expected to
grow at faster rate in the coming years.
Nut
Free Cookie Market: Demand Driver:
Overweight
and obesity are the two major risk factors for a number of chronic
diseases, including diabetes, cardiovascular diseases and cancer.
According to WHO, diabetes was the direct cause of 1.6 million deaths
in 2015. However in the recent past the consumer are being more
conscious about its diet and health. As a result, there is a surge in
demand for gluten free, fat free products. Nut free Cookie being a
gluten free product has got its own benefits for food allergic
consumers especially people suffering from diabetes. This is expected
to be major factor driving the nut free cookies market demand among
the health conscious consumers.
Nut
Free Cookie Market: Key Players:
Some
of the key players in this market are Rich Products Corporation, Not
a Trace Pty Ltd, Divvies LLC, Skeeter Snacks, LLC, Terra Cotta Cookie
Co, Conagra Brands, Inc, United Biscuits, Inc, Treasure Mills Inc,
Darlington, Nature Foods Company, LLC.
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