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Market for Cookies
Bakery Review
|October-November 2024
Cookies are gaining ground. According to Al Review cookie market which was valued at Rs. 405.29 billion in 2023 was expected to grow at a CAGR of 5.9% from 2024 to 2032. Institute for Industrial Development IID) is of the view that cookies manufacturing is one of the lucrative businesses. It believes that one can make a profit of up to 12-15 per cent. It thus provides an ideal opportunity for an intrepid entrepreneur to venture into this business. Ashok Malkani views different aspects of the industry like its growth potential, challenges faced by the market, and the basic necessities essential for an entrepreneur to enter into this lucrative arena.
Cookies are not only popular, but also appealing to people of all generations, particularly youngsters. No wonder its demand has been increasing over the years. According to IMARC, the India Cookies market size is projected to exhibit a compound annual growth rate (CAGR) of 5.9% during the period, 2024-2032.
Indian cookies market, according to TechSci Research, has been valued at $ 3.05 billion in 2023. and is anticipated to project robust growth in the forecast period with a CAGR of 4.25% through 2029.
According to The GlobalData the Indian cookies market was valued at Rs. 405.29 billion in 2023 and would grow at a CAGR of 7% during 2023-2028.
Amit MishraAll these figures are apt to entice an enterprising entrepreneur to want to venture into the cookie baking business. But, a layman is apt to wonder, what is the difference between cookies and biscuits?
There are several modifications and variations between the two. The first difference is the way they are made. The word cookies originated from the Dutch word "Koekie", which means little cake. They were made to test the temperature of before baking the real cake. Cookies are made like cake, from soft, thick dough which is denser than the English biscuit. Incidentally the word biscuit is derived from the Latin words "Bis (meaning "twice") and "coquere" (meaning "cooked"). They are thus baked twice.
Diese Geschichte stammt aus der October-November 2024-Ausgabe von Bakery Review.
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