Press release
Cookie, Cracker, Pasta, And Tortilla Market Size, Trends, Share Analysis, Size And Forecast To 2033
"The new report published by The Business Research Company, titled Cookie, Cracker, Pasta, And Tortilla Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the cookie, cracker, pasta, and tortilla market size has grown strongly in recent years. It will grow from $268.66 billion in 2023 to $285.48 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The cookie, cracker, pasta, and tortilla market size is expected to see strong growth in the next few years. It will grow to $353.42 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%.
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Stable Economic Growth Fuels Expansion In The Cookie, Cracker, Pasta, And Tortilla Market
The cookie, cracker, pasta, and tortilla markets' growth is aided by the stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), global GDP growth reached 3.3% in 2020 and 3.4% in 2021, both according to the IMF. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period.
Enhancing Quality Control And Efficiency Of Nir Analyzer Technology In Cookie, Cracker, Pasta, And Tortilla Market
Companies manufacturing cookies, crackers, pasta, and tortillas are increasingly using NIR analyzer technology for moisture analysis of the product. Near-Infrared (NIR) analysis is a spectroscopic technique that makes use of the naturally occurring electromagnetic spectrum region of wavelengths between 700 nm and 2500 nm. The flour used in manufacturing can vary considerably in its protein quality, protein quantity, moisture, enzymatic activity, color, and physical properties when obtained from different sources. The Near-infrared spectroscopy (NIR) method estimates the moisture content of flour and regulates it to an optimal level set by an operator. An NIR moisture analyzer can help save energy and improve the quality of the product. For instance, MoistTech Corp. is used by a majority of manufacturers for checking moisture content during the production process.
The cookie, cracker, pasta, and tortilla market covered in this report is segmented -
1) By Type: Cookie and Cracker, Dry Pasta, Dough, and Flour Mixes, Tortilla
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
3) By End Use: Meals, Intermediate Products, Other End Users
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Major companies operating in the cookie, cracker, pasta, and tortilla market include PepsiCo Inc., Mondelez International Inc., Kellogg Co, Bimbo Bakeries USA, Domino's Pizza, Olam International Ltd., The Campbell Soup Company, General Mills Inc., Nestle S.A., Yamazaki Baking Co. Ltd., GRUMA, S.A.B. de C.V, Tyson Foods Inc., El Mirasol, Mi Rancho, Easy Foods Incorporated, TH Foods company pvt ltd., RW Garcia Company, Jubilant FoodWorks Ltd., Yamazaki Baking Co. Ltd., Conagra Brands Inc., JBS S.A., Hormel Foods Corporation, The Kraft Heinz Company., The Hershey Company, The J.M. Smucker Company, Mosaic Company, The Schwan Food Company, The Hain Celestial Group Inc., The Clorox Company, J.R. Simplot Company, Watkins Incorporated.
Contents of the report:
1. Executive Summary
2. Cookie, Cracker, Pasta, And Tortilla Market Report Structure
3. Cookie, Cracker, Pasta, And Tortilla Market Trends And Strategies
4. Cookie, Cracker, Pasta, And Tortilla Market - Macro Economic Scenario
5. Cookie, Cracker, Pasta, And Tortilla Market Size And Growth
…..
27. Cookie, Cracker, Pasta, And Tortilla Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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