According to the latest report by IMARC Group, titled "Cakes and Pastries Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global cakes and pastries market reached a value of US$ 130.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 170.2 Billion by 2027, exhibiting at a CAGR of 4.4% during 2022-2027
Cakes and pastries are two of the most popular types of desserts consumed across the globe. Both cakes and pastries are made with similar ingredients, such as flour, sugar, eggs, and butter, but they differ in their preparation and presentation. Cakes are typically baked in large pans or molds and are often decorated with frosting or other sweet toppings and come in a variety of flavors, such as chocolate, vanilla, and fruit. They can be customized for any occasion, including birthdays and weddings and are relished by people of all ages. Pastries, on the other hand, are baked goods that are typically made with flaky pastry dough and filled with sweet or savory ingredients. They can be enjoyed as a sweet dessert or as a savory snack, depending on the filling. Cakes and pastries are often served at special occasions and celebrations and can typically be found in bakeries and cafes.
Download Free Sample Brochure: https://www.imarcgroup.com/cakes-pastries-market/requestsample
Global Cakes and Pastries Market Trends:
The rising popularity of customizable cakes and pastries represents a significant factor driving the market growth across the world. In line with this, the rise in the trend toward artisanal bakery products has led to the use of minimally processed as well as natural ingredients in cakes and pastries, which is further contributing to the growth of the market. The market is also driven by the rising focus of manufacturers on incorporating specialty ingredients, such as whole-grain bread, fruits, and fruit concentrates. This is primarily attributed to the rise in the demand from consumers for healthy ingredients and indulgence without calories. Other factors, such as rising consumer expenditure capacities, the easy product availability, and steadily expanding food and beverage (F&B) sector, are creating a positive outlook for the market.
Global Cakes and Pastries Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global cakes and pastries market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Finsbury
- Flowers Foods
- Grupo Bimbo
- American Baking Company
- Britannia
- Euro Cakes
- Hostess Brands
- McKee Foods
- Yamazaki Baking
- Aryzta
- Mulino Bianco
- Edeka
- Edwards Cake & Candy Supplies
- BreadTalk Group Limited.
Key Market Segmentation:
Breakup by Product:
- Artisanal Bakery Products
- In-store Bakery Products
Breakup by Type:
- Cakes
- Frozen Cakes & Pastries
- Pastries
- Sweet Pies
Breakup by Sector:
- Food Service
- Retail
Breakup by Distribution Channel:
- Super Markets and Hyper Markets
- Convenience Stores
- Specialist Retailers
- Artisanal Bakeries
- Online Stores
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Breakup by Country
- Italy
- Germany
- United States
- France
- Ireland
- United Kingdom
- Netherlands
- Australia
- China
- Brazil
- Argentina
- Mexico
- Saudi Arabia
- Africa Region
- Japan
Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1590&flag=C
We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
IMARC Group
134 N 4th St
Brooklyn, NY 11249, USA
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
The latest report released at Orbis research on Global Cakes and Pastries Market provides the explanation of the market terms and technicalities to update the customer about the latest developments in the Industry and what is to be expected in the Cakes and Pastries Industry in terms of the future expectations.In our aim to provide our erudite clients with the best research material with absolute in-depth information of the market, our new report on Global Cakes and Pastries Market is confident in meeting their needs and expectations.
The 2018 market research report on Global Cakes and Pastries Market is an in-depth study and analysis of the market by our industry experts with unparalleled domain knowledge.
The report covers a vast expanse of information including an overview, comprehensive analysis, definitions and classifications, applications, and expert opinions, among others.
With the extent of information filled in the report, the presentation and style of the Global Cakes and Pastries Market report is a noteworthy.The Global Cakes and Pastries Industry report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe.
The Global Cakes and Pastries Industry report showcases the latest trends in the global and regional markets on all critical parameters which include technology, supplies, capacity, production, profit, price, and competition.Request a sample of this report @ http://orbisresearch.com/contacts/request-sample/2221474 The key players covered in the report provide a detailed analysis of the competition and their developments in the Global Cakes and Pastries Industry.
Accurate forecasts and expert opinion from credible sources, and the recent R development in the industry is also a mainstay of the Cakes and Pastries Market report.The report also focuses on the significance of industry chain analysis and all variables, both upstream and downstream.
Best Macaron Ever, French Pastries, Donuts, Custom Cakes, Ice-Cream Bubble Tea, Milk Tea, and Specialty Coffee Drinks.https://www.macaroncafeohiostores.com/
