Global Nut-Free Cookie Sales To Hit $1.5B By 2027

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San Francisco — Worldwide sales for nut-free cookies are expected to grow 6.2 percent, compounded annually, though 2027, according to Grand View Research, which anticipates the market to be worth $1.5 billion by the end of the forecast period.

Increasing cases of food allergies among consumers around the globe is fueling demand, with nut allergies being the most common food allergy worldwide, the market research company reports.

In terms of product type, the chocolate segment led the market in 2019 with a market share in excess of 45 percent, a trend expected to continue through the forecast period.

Asia-Pacific is expected to see the fastest growth during the period, slightly above the overall market with projected increases of 6.7 percent, according to Grand View.