Global Protein Cookie Market – Industry Trends and Forecast to 2029

Global Protein Cookie Market, By Flavour (Fruit and Dried Fruits, Chocolate, Nuts and Seeds, Others), Protein Source (Plant Source, Animal Source), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Online Stores, Others) – Industry Trends and Forecast to 2029.

Protein Cookie Market Analysis and Size

In recent years, the fitness craze among high and middle-income consumer groups has fuelled demand for nutrition-enhancing products such as protein cookie. Approximately 78 percent of the global population is afflicted with diseases such as obesity, cardiovascular problems, and low blood pressure.

Data Bridge Market Research analyses that the protein cookie market was valued at USD 1.30 billion in 2020 and is expected to reach the value of USD 2.09 billion by 2029, at a CAGR of 6.10% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Protein Cookie Market Scope and Segmentation

Market Definition

Protein cookie are a dense nut shell full of essential vitamins and minerals that provide an instant source of protein and energy. It is a combination of taste and nutrition that aids in lowering blood pressure and improving brain function.

Protein Cookie Market Dynamics

Drivers

• The increasing prevalence of obesity around the world and a need of nutritional convenience food

The prevalence of hectic consumer lifestyles that result in on-the-go food consumption has fueled global demand for protein cookies. Furthermore, rising health concerns among nutrient-dense diet consumers have increased product demand. Aside from that, the growing number of health awareness programmes emphasising the importance of wellness and a nutritious diet has influenced global protein cookie consumption.

• Benefits of consuming protein cookie as well as growing per capita income

As the global demand for nutrition bars grows, a number of new players have entered the market. While traditional nutrition bars continue to attract new customers, several brands are increasingly focusing on niche preferences, such as gluten-free and plant-based products.

Opportunity

People are now more worried about their health than they were prior to the covid-19 pandemic. Many governments around the world are encouraging people to eat healthy foods in order to boost their immunity. As a result, the demand for protein cookie has increased. Aside from that, there are various types and flavours of protein cookie available, and changing people's taste preferences and government initiatives will provide more opportunities for the protein cookie market. In addition, the growing number of fitness and wellness centres around the world will drive up demand for protein cookie.

Restraints

The high production cost and cost effectiveness of protein cookie as it is not budget friendly will be the restraints for the protein cookie market during the forecast period, which will be a further challenge for the protein cookie market.

This protein cookie market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the protein cookie market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Protein Cookie Market

During the lockdown due to the COVID-19 pandemic, increased sales of products such as snacks, bars, and other convenience foods were observed, which sustained demand for protein bars in the market studied. The ambiguous situation around the world urged consumers to increase their nutritional intake and consume safer and healthier foods as their interest in products that support the overall maintenance of health and wellness increased. Also, as a result of the work-from-home or stay-at-home trend, people began working out at home, increasing the demand for protein bars.

Recent Developments

• RXBAR will launch a plant-based protein bar in June 2021. The all-new RXBAR protein bar contains 10 grammes of plant-based protein instead of RXBAR's signature egg whites and is available on RXBAR.com and in stores such as Target and Kroger.Q
• Nestle introduced a pea protein bar in 2020 as part of its YES snack bar line. This snack bar has 10g of protein and is made up of nuts and peas. These snacks come in a variety of flavours, including Almond, Peanut, and Double Dark Chocolate, as well as Cashew, Blueberry, and Dark Chocolate.
• Post Holdings Inc expanded the reach of Premier Protein's brand snack bar in convenience stores in the United Kingdom in 2020 in order to increase its market share.

Global Protein Cookie Market Scope

The protein cookie market is segmented on the basis of flavour, protein source and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Protein source

• Plant source
• Animal source

Flavours

• Fruit
• Dried Fruits
• Chocolate
• Nuts and Seeds
• Others

Distribution channel

• Hypermarkets and Supermarkets
• Convenience Stores
• Online Stores
• Others

Protein Cookie Market Regional Analysis/Insights

The protein cookie market is analysed and market size insights and trends are provided by country, flavour, protein source and distribution channel as referenced above.

The countries covered in the protein cookie market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the protein cookie market because of the rapid population growth in the region. Furthermore, the presence of major key players will boost the growth of the regional protein cookie market during the forecast period.

North America is expected to see significant growth in the protein cookie market due to the growing demand for protein cookie. Furthermore, the region's growing health-conscious population is expected to drive the growth of the protein cookie market in the coming years.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Protein Cookie Market Share Analysis

The protein cookie market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to protein cookie market.

Some of the major players operating in the protein cookie market are:

• Cargill Incorporated (U.S.)
• ADM (U.S.)
• Dupont (U.S.)
• Evonik (Germany)
• BASF SE (Germany)
• DSM (Netherlands)
• Ajinomoto Co., Inc. (Japan)
• Novozymes (Denmark)
• Chr. Hansen Holding A/S (Denmark)
• TEGASA (Spain)
• Nutreco (Netherlands)
• Kemin Industries Inc. (U.S.)
• Adisseo (France)
• Alltech (U.S.)
• Global Nutrition International (France)
• Centafarm SRL (Italy)
• Bentoli (U.S.)
• Novus International (U.S.)