Global Cakes Market 2024-2028

Description

List of Tables

The cakes market is forecasted to grow by USD 10.00 bn during 2023-2028, accelerating at a CAGR of 3.59% during the forecast period. The report on the cakes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising inclination toward convenience foods among millennials, growing demand for artisan-baked products, and increased demand for gluten-free cakes.

Technavio's cakes market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.33%
CAGR	3.59%
Incremental Value	$10.00bn

By Distribution Channel

Offline
Online

By Product

Dessert cakes
Sponge cakes
Cupcakes
Others

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the growing demand for vegan cakes as one of the prime reasons driving the cakes market growth during the next few years. Also, rising preference for cakes as dessert option and growing prominence of online food shopping will lead to sizable demand in the market.

The report on the cakes market covers the following areas:

Cakes market sizing
Cakes market forecast
Cakes market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cakes market vendors that include American Baking Co., Aryzta AG, Barilla G. e R. Fratelli Spa, BreadTalk Group Pte Ltd., Britannia Industries Ltd., Campbell Soup Co., Corporativo Bimbo SA de CV, Dan Cake AS, EDEKA ZENTRALE Stiftung and Co. KG, Edwards Cake and Candy Supplies LLC, EUROPASTRY SA, Finsbury Food Group Plc, Flowers Foods Inc., General Mills Inc., Hostess Brands Inc., McKee Foods, Premier Foods Plc, WW International Inc., Yamazaki Baking Co. Ltd., and Yildiz Holding AS. Also, the cakes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77485

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global cakes market 2018 - 2022
4.2 Distribution Channel Segment Analysis 2018 - 2022
4.3 Product Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Distribution Channel

6.1 Market segments
6.2 Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
6.4 Online - Market size and forecast 2023-2028
6.5 Market opportunity by Distribution Channel

7 Market Segmentation by Product

7.1 Market segments
7.2 Comparison by Product
7.3 Dessert cakes - Market size and forecast 2023-2028
7.4 Sponge cakes - Market size and forecast 2023-2028
7.5 Cupcakes - Market size and forecast 2023-2028
7.6 Others - Market size and forecast 2023-2028
7.7 Market opportunity by Product

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Italy - Market size and forecast 2023-2028
9.11 Japan - Market size and forecast 2023-2028
9.12 Germany - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 American Baking Co.
12.4 Aryzta AG
12.5 BreadTalk Group Pte Ltd.
12.6 Campbell Soup Co.
12.7 Corporativo Bimbo SA de CV
12.8 EDEKA ZENTRALE Stiftung and Co. KG
12.9 EUROPASTRY SA
12.10 Flowers Foods Inc.
12.11 General Mills Inc.
12.12 Hostess Brands Inc.
12.13 McKee Foods
12.14 Premier Foods Plc
12.15 WW International Inc.
12.16 Yamazaki Baking Co. Ltd.
12.17 Yildiz Holding AS

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations