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Global Cake Market: By Product Type: Sponge Cakes, Cup Cakes, Dessert Cakes, Cheesecakes, Others; By Flavour: Chocolate, Vanilla, Cheese, Others; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Cake Market Outlook

The global cake market is expected to grow at a CAGR of 3.1% during the period 2022-2027.

 

Global Cake Market

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Global Cake Market Likely to be Driven by Demand for Cupcakes, Custom Cakes, Cakes for Celebratory Occasions, and Healthy Cakes

The global cake market is expected to be driven by demand for cakes, cupcakes and high-end confectionary experiences. Cakes are an essential commodity to celebratory events such as birthdays, anniversaries, graduation, promotion, Valentine’s Day, weddings, holidays and festivals. Seasonal customers include photographers, caterers, wedding planners, etc. Key areas include bakeries (retail, wholesale, in-store), convenience stores, colleges and universities, hotels, restaurants, cafes, and business houses (corporate dining/feeding events). Cupcakes are expected to be more in demand. Further, custom cakes and designer cakes are growing in popularity. North America and Europe are expected to be key markets. Asia Pacific is also emerging as a significant market.

A significant feature of consumer behaviour in recent years has been increased preference of consumers for healthy food alternatives. With rising concerns towards obesity and other associated health conditions, and regulations relating to product labelling have forced cake manufacturers to look for healthier alternatives. Consequently, cakes that are high-fibre, low-calorie, low-fat, sugar-free, gluten-free or contain more nuts and fruit have become increasingly conspicuous. Such innovations are expected to drive the market.

Fruit flavours appeal to many consumers. Further, consumers perceive addition of fruit in cakes healthy. Fruit ingredients also help in extending the shelf life of baked items. Strawberry, apple, banana, coconut and lemon are some common fruit flavours. Citrus fruits and berries, such as limes, oranges, blueberries, and raspberries are also becoming increasingly popular in baked food items, including cakes.

Customers seek memorable experiences, and companies such as Dawn Foods seek to provide such experiences by offering “pull-me-up” glitter cakes – an emerging trend in the decorated cake sector. Such cakes have customizable flavours, and bakeries could sell customers take-home kits. According to Dawn Foods, a bakery could offer customers pre-iced cakes from the company, with glitter in a separate perishable container. Customers could decorate the cake any way they liked by wrapping a transparent cake strip around the edges and spreading whipped cream on the cake, after which chocolate ganache could be added, followed by glitter, sprinkles and other decorations.

In 2018, Corbion introduced Pristine clean-label cake solutions to assist bakery manufacturers in meeting rising demand for simplified ingredients. Corbion extended its clean-label portfolio to entail cake mixes, bases and icing stabilizers; Pristine solutions helped bakers decrease key strokes in ingredient labels by up to 42% without diluting taste or texture. Corbion's Pristine cake mixes and bases come in vanilla and chocolate flavours.

 

Global Cake Market Segmentation

 

Global Cake Market by Segment

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By product type, the market is segmented into:

  • Sponge Cakes
  • Cup Cakes
  • Dessert Cakes
  • Cheesecakes
  • Others

By flavour, the market is classified into:

  • Chocolate
  • Vanilla
  • Cheese
  • Others

By distribution channel, the market is segmented into:

  • Hypermarkets and Supermarkets
  • Bakeries
  • Online Sales
  • Others

By region, the market is divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Cake Market by Region

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Key Industry Players in the Global Cake Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • American Baking Company (ABC)
  • Aryzta AG
  • Flowers Foods, Inc.
  • McKee Foods
  • Finsbury Food Group Plc 
  • Pepperidge Farm Incorporated
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Product Type, Flavour, Distribution Channel, Region
Breakup by Product Type Sponge Cakes, Cup Cakes, Dessert Cakes, Cheesecakes, Others
Breakup by Flavour Chocolate, Vanilla, Cheese, Others
Breakup by Distribution Channel Hypermarkets and Supermarkets, Bakeries, Online Sales, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered American Baking Company (ABC), Aryzta AG, Flowers Foods, Inc., McKee Foods,
Finsbury Food Group Plc, Pepperidge Farm Incorporated, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Cake Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cake Historical Market (2017-2021) 
    8.3    Global Cake Market Forecast (2022-2027)
    8.4    Global Cake Market by Product Type
        8.4.1    Sponge Cakes
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Cup Cakes
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Dessert Cakes
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Cheesecakes
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Cake Market by Flavour
        8.5.1    Chocolate
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Vanilla
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Cheese
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Others
    8.6    Global Cake Market by Distribution Channel
        8.6.1    Hypermarkets and Supermarkets
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Bakeries
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Online Sales
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Others    
    8.7    Global Cake Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021) 
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021) 
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021) 
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021) 
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2017-2021) 
            8.7.5.3    Forecast Trend (2022-2027)
9    North America Cake Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2017-2021) 
        9.1.3    Forecast Trend (2022-2027)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2017-2021) 
        9.2.3    Forecast Trend (2022-2027)
10    Europe Cake Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2017-2021) 
        10.1.3    Forecast Trend (2022-2027)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2017-2021) 
        10.2.3    Forecast Trend (2022-2027)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2017-2021) 
        10.3.3    Forecast Trend (2022-2027)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2017-2021) 
        10.4.3    Forecast Trend (2022-2027)
    10.5    Others
11    Asia Pacific Cake Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2017-2021) 
        11.1.3    Forecast Trend (2022-2027)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2017-2021) 
        11.2.3    Forecast Trend (2022-2027)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2017-2021) 
        11.3.3    Forecast Trend (2022-2027)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2017-2021) 
        11.4.3    Forecast Trend (2022-2027)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2017-2021) 
        11.5.3    Forecast Trend (2022-2027)
    11.6    Others
12    Latin America Cake Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2017-2021) 
        12.1.3    Forecast Trend (2022-2027)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2017-2021) 
        12.2.3    Forecast Trend (2022-2027)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2017-2021) 
        12.3.3    Forecast Trend (2022-2027)
    12.4    Others
13    Middle East  and Africa Cake Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2017-2021) 
        13.1.3    Forecast Trend (2022-2027)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2017-2021) 
        13.2.3    Forecast Trend (2022-2027)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2017-2021) 
        13.3.3    Forecast Trend (2022-2027)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2017-2021) 
        13.4.3    Forecast Trend (2022-2027)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis  
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    American Baking Company (ABC)
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Aryzta AG
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Flowers Foods, Inc.
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    McKee Foods
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Finsbury Food Group Plc
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Pepperidge Farm Incorporated
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Others
18    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Cake Market: Key Industry Highlights, 2017 and 2027
2.    Global Cake Historical Market: Breakup by Product Type (USD Million), 2017-2021
3.    Global Cake Market Forecast: Breakup by Product Type (USD Million), 2022-2027
4.    Global Cake Historical Market: Breakup by Flavours (USD Million), 2017-2021
5.    Global Cake Market Forecast: Breakup by Flavours (USD Million), 2022-2027
6.    Global Cake Historical Market: Breakup by Distribution Channel (USD Million), 2017-2021
7.    Global Cake Market Forecast: Breakup by Distribution Channel (USD Million), 2022-2027
8.    Global Cake Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Cake Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Cake Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Cake Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Cake Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Cake Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Cake Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Cake Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Cake Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Cake Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Cake Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Cake Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Major Importing Countries by Volume 
21.    Major Exporting Countries by Volume 
22.    Major Importing Countries by Value 
23.    Major Exporting Countries by Value 
24.    North America Historical Price Trends and Forecast 2017-2027
25.    Europe Historical Price Trends and Forecast 2017-2027
26.    Asia Pacific Historical Price Trends and Forecast 2017-2027
27.    Latin America Historical Price Trends and Forecast 2017-2027
28.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
29.    Global Cake Market Structure

Key Questions Answered in the Report

The global cake market is estimated to grow at a CAGR of 3.1% between 2022 and 2027.

The major drivers of the market include the growing popularity of cakes for special occasions, increased availability of cakes through supermarkets and hypermarkets and online stores, and rapid urbanisation.

The growing innovations such as the launch of new flavours are expected to be the key trends guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Sponge cakes, cup cakes, dessert cakes, and cheesecakes, among others are the different product types considered in the market report.

Chocolate, vanilla, and cheese, among others, are the major market divisions, based on flavour.

Hypermarkets and supermarkets, bakeries, and online sales, among others are the different distribution channels considered within the market report.

The major players in the industry are American Baking Company (ABC), Aryzta AG, Flowers Foods, Inc., McKee Foods, Finsbury Food Group Plc, and Pepperidge Farm Incorporated, among others.

Analyst Review

The global cake market is being driven by the rising disposable income, growing popularity of cup-cakes, and the increasing population. Aided by the growing innovations by the companies and the expansion of the e-commerce industry, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of around 3.1%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of product type, the market is divided into sponge cakes, cup cakes, dessert cakes, and cheesecakes, among others. Based on flavour, the market can be segmented into chocolate, vanilla, and cheese, among others. On the basis of distribution channel, the market can be divided into hypermarkets and supermarkets, bakeries, and online sales, among others. The major regional markets for cake are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include American Baking Company (ABC), Aryzta AG, Flowers Foods, Inc., McKee Foods, Finsbury Food Group Plc, and Pepperidge Farm Incorporated, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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