Cakes Market size was worth USD xx billion in 2019 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2025. The cake is generally a snack or a form of dessert. They were used to be a modification of bread. In recent days, cake flour is made from low protein wheat and the flour is prepared such that the starch to gluten ratio is high. Also, they were used to be home or bakery made special desserts. Now, they are one of the largest mass-produced food items.
Cakes Market Insights Overview:
They are widely accepted and used as a symbol of celebration in almost all modern societies. In general, the ingredients of a cake include flour, eggs, sugar, butter, baking soda or baking powder. Apart from these, several additional ingredients such as dried fruits, nuts, cocoa and several flavoring substances added in the preparation. There are numerous recipes, styles, and shapes in which cakes can be made.
Rapid increase in urban population and changing lifestyles and eating habits of people are the major factors driving the market growth. An increase in bakeries, the high usage rate of cakes in several ceremonies and increase in innovation regarding the making satisfying all types of consumers are also expected to drive the market growth. However, the increase in the diabetic and obese population and other health concerns are hindering the market growth.
Cakes Market Segments and Sub Segment Analysis:
By Type:
By Mixing Method:
By Distribution Channel:
Cupcakes segment holds the largest market share due to its high popularity among children and their ease of preparation. Dessert cakes are expected to be the fastest-growing segment due to the increasing demand for desserts in ceremonies and dinners.
Layer cakes occupy the largest market share due to the innovation involved in their making.
In-store bakeries generate the largest sales revenue whereas online stores are the fastest-growing market segment.
Geographical Segmentation, and Regional Presence:
On the basis of region, the global Cakes market is categorized into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Europe leads the Cakes market due to the presence of large bakery chains and huge demand for dessert cakes in countries such as Germany and France. The Asia Pacific is the fastest-growing market segment due to the huge consumer base and increasing demand for western food.
Leading Key Companies Covered in this market report are:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Dessert Cake
5.1.3 Cheese Cake
5.1.4 Cup Cake
5.1.5 Ice Cream Cake
5.1.6 Chocolate Cake
5.1.7 Sponge Cake
5.1.8 Wedding Cake
5.1.9 Y-o-Y Growth Analysis, By Type
5.1.10 Market Attractiveness Analysis, By Type
5.1.11 Market Share Analysis, By Type
5.2 Mixing Methods
5.2.1 Introduction
5.2.2 Layer Cake
5.2.3 Flourless Cake
5.2.4 Pound Cake
5.2.5 Shortened Cake
5.2.6 Y-o-Y Growth Analysis, By Mixing Methods
5.2.7 Market Attractiveness Analysis, By Mixing Methods
5.2.8 Market Share Analysis, By Mixing Methods
5.3 Distribution Channel
5.3.1 Introduction
5.3.2 In-Store Bakeries
5.3.3 Supermarkets
5.3.4 Convenience Stores
5.3.5 Online Stores
5.3.6 Other Distribution Channels
5.3.7 Y-o-Y Growth Analysis, By Distribution Channel
5.3.8 Market Attractiveness Analysis, By Distribution Channel
5.3.9 Market Share Analysis, By Distribution Channel
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Mixing Methods
6.1.3.4 By Distribution Channel
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Mixing Methods
6.1.4.4 By Distribution Channel
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Mixing Methods
6.1.5.4 By Distribution Channel
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Artisan Cake Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The Blue Cake Company
8.3 American Baking Company
8.4 Edwards Cake
8.5 Ele Cake Company
8.6 Britannia
8.7 Little Venice Cake Company
8.8 Finsbury
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
