Europe Cake Model market is anticipated to grow at a 3.29% CAGR from 2021 to 2027 and it is estimated that the Europe market was valued at USD 37.92 billion in 2021 and is expected to reach USD 44.58 billion by 2027.
Cake Mix is defined as dried pre-mixes used for baking cakes. Cake mix can be prepared using eggs or egg replacers. They are generally categorized into 3 types which include complete mix, dough base and dough concentrates. Cake premixes provide convenience usage to consumers, foodservice operations, and industrial-scale bakeries. Cake mix saves preparation time. They reduce the hassle of selecting the ingredients. The growing use of cake mix to speed up the whole baking process will further aid the market growth increase in urbanization and changing consumer preferences drive the growth of this market. The rise of in-store bakeries is another major driver of this market. Health issues in line with the growing concern for obesity and related diseases and regulatory constraints pertaining to product labeling pose a threat to this market. The increase in home baking further reduces the demand for packaged cakes. The increase in online sales and demand for product innovation would further help in the market growth in the future. Cake pops, a type of snack, is gaining popularity and is available in grocery stores.
Europe Cake Model market is segmented on the basis of
Type
Mixing Methods
Sales
Distribution Channel
On the basis of Type, it is segmented into
Decorated Cake
Cup Cake
Dessert Cake
Pound Cake
Cheese Cake
Ice Cream Cake
Snack Cake
Wedding Cake
On the basis of Mixing, it is segmented into
Shortened Cakes
Layer Cakes Poundcake
Foam
Sponge Cakes
Low-Flour Cakes
Angel Food Cake
biscuits, and Chiffon Cake
On the basis of Sales, it is segmented into
Packaged Cakes
Artisanal
In-Store Bakeries
On the basis of the Distribution Channel, it is segmented into
online sales
Supermarkets/ Hypermarkets
Convenience Stores and Others
Europe Cake Model market geography Analysis:
Based on geography, the market is segmented into
Germany
Italy
Spain
U.K.
France
Europe dominated the market with the major share in terms of revenue. The reason for this is the presence of many established artisanal baked goods makers.
American Baking Company
Aryzta
BreadTalk
Britannia
Edwards Cake & Candy Supplies
Flower Foods
George Weston
Groupo Bimbo
Hillshire Brands
Hostess Brands
McKee Foods
Monginis
Mulino bianco
Pepperidge Farm
Tyson Food
Yamazaki Baking
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