+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Cakes, Pastries, and Sweet Pies Market - Growth, Trends, and Forecast (2020 - 2025)

  • ID: 4534367
  • Report
  • April 2020
  • Region: Global
  • 110 pages
  • Mordor Intelligence
UP TO OFF
until Jun 30th 2020
1 of 4

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • American Baking Company
  • Britannica, Inc.
  • Euro Patisserie
  • Flowers Foods, Inc.
  • General Mills Inc.
  • George Weston Limited
  • MORE
The global cakes, pastries, and sweet pies market is projected to grow at a CAGR of 3.9% during the forecast period (2019 - 2024)

Increasing consumption of ready-to-eat food with the conveenience factor, with changing preferences for flavored food products, is pushing the revenue generation in the global cakes, pastries, and sweet pies market.

Introduction of bakery products, including cakes, pastries, and sweet pies, with health claims, such as lower amounts of high-fructose corn syrup and sodium and higher amounts of fiber, is expected to attract consumers to such products, and thus, help the overall market to grow.

Key Market Trends

Convenience of Ready-To-Eat products

The definition of convenience is evolving with dynamic demands from consumers. Cake mixes were one of the bakery products that gave birth to the concept of “convenience”. As evident from the graph, the ingredient level modification is driving the growth of the health category of bakery products in the developed market. The convenience that Cake products offer is increasingly turning multi-faceted, which is expected to continue to evolve in the foreseeable future. The bakery products are also witnessing additional attributes, such as being healthy, ethical, and comforting.

Asia Pacific to Witness Fastest Market Growth

Asia-Pacific is becoming a key market, as rising disposable income, urbanization, and the demand for western-style diets are supporting the growth in sales of baked goods and cakes in particular. China is set to become the second largest baked goods market by the end of forecats period, with cakes being one of the most popular segment. These markets are attractive to major corporates, which see the potential for significant sales growth.

Competitive Landscape

The market vendors are developing new products with an emphasis on Organic and gluten-free variants to increase their market share. The major emerging markets players are targeting leading brands in the matured markets. The bakery manufacturers and brand owners who dominate the domestic markets, are making strategic acquisitions of the market leaders, and often iconic brands, in more mature and sophisticated markets. Acquiring these brands enables diversification and gives these players access to stable cash flows and further growth opportunities.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This report will be delivered within 2 business days.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • American Baking Company
  • Britannica, Inc.
  • Euro Patisserie
  • Flowers Foods, Inc.
  • General Mills Inc.
  • George Weston Limited
  • MORE
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Cakes
5.1.2 Pastries
5.1.3 Sweet Pies
5.2 By Distribution Channel
5.2.1 Supermarkets/ Hypermarkets
5.2.2 Specialist Retailers
5.2.3 Convenience Stores
5.2.4 Other Distribution Channels
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Russia
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Australia
5.3.3.4 Japan
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Active Companies
6.3 Most Adopted Strategies
6.4 Company Profiles
6.4.1 American Baking Company
6.4.2 Britannica, Inc.
6.4.3 Euro Patisserie
6.4.4 General Mills Inc.
6.4.5 Flowers Foods, Inc.
6.4.6 George Weston Limited
6.4.7 Grupo Bimbo
6.4.8 Tyson Foods (Hillshire Brands Company)
6.4.9 Hostess Brands, LLC.
6.4.10 McKee Foods

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • American Baking Company
  • Britannica, Inc.
  • Euro Patisserie
  • General Mills Inc.
  • Flowers Foods, Inc.
  • George Weston Limited
  • Grupo Bimbo
  • Tyson Foods (Hillshire Brands Company)
  • Hostess Brands, LLC.
  • McKee Foods
Note: Product cover images may vary from those shown
Adroll
adroll