in

Global Cake Market to be Driven by the Increasing Consumption of Cake as a Traditional Dish in Various Occasions in the Forecast Period of 2022-2027

Cake market digital ville
Cake market digital ville

The new report by Expert Market Research titled, ‘Global Cake Market Price, Report and Forecast 2022-2027’, gives an in-depth analysis of the global cake market, assessing the market based on its segments like types, flavours, distribution channels, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Cake Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/cake-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 3.1%

Report AttributeDetailsHistorical Period2017-2021Forecast Period2022-2027Base Year2021Growth Rate CAGR3.1%Major PlayersAmerican Baking Company (ABC), Aryzta AG, Flowers Foods, Inc., McKee Foods,
Finsbury Food Group Plc, and Pepperidge Farm Incorporated, among others.

The global cake market is being driven by the fact that cake-cutting have been a tradition in various occasions such as birthday, festival, anniversary, and wedding, among others. The increasing demand for cake as a sweet post-meal during dine-out activities is also anticipated to augment the market in the forecast period.

Moreover, the increasing inclination towards cake-making and cake-decoration as a profession is likely to be a major invigorating factor of the market. Geographically, Europe accounts for a significant share in the market owing to the presence of large cake-eating consumer base in Belgium, Italy, France, and United Kingdom, among others. The increasing number of food bloggers and local bakery product consumers in the region will further garner the market growth in the forecast period.

Cake Industry Definition and Major Segments

Cake is a round shaped sweet food item, which is typically baked or fried. The main ingredients used in the preparation of cake include flour, egg, sugar, baking soda, fat, a form of liquid, and a pinch of salt. Cakes come in a variety of flavours, such as strawberry, chocolate, vanilla, and butterscotch, among others. The texture of cake is generally tender and melt-in-mouth. Moreover, a cake can be decorated according to the needs of the consumer.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/cake-market

On the basis of product type, the market can be segmented into:

• Sponge Cakes
• Cup Cakes
• Dessert Cakes
• Cheesecakes
• Others

The different flavours of the product include:

• Chocolate
• Vanilla
• Cheese
• Others

Based on distribution channel, the market has been bifurcated into:

• Hypermarkets and Supermarkets
• Bakeries
• Online Sales
• Others

The regional markets for cake include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Cake Market Trends

The key trends in the global cake market include the growing popularity of cakes with innovative flavours, along with the subject to modification. Consuming cake post-meal can help in digestion and tickle the taste buds, making them an ideal sweet companion of any spicy and sour cuisine, thereby, bolstering the market growth in the forecast period.

Meanwhile, the emerging e-commerce industry, which provides the door-step-delivery for any food item, is anticipated to be another major trend in the market. The availability of sensational cake flavours on online platforms, such as pink champagne cake, hazelnut almond cake, mint chocolate, and white forest cake, among others, at reasonable prices is likely to provide impetus to the market in the forecast period.

Key Market Players

The major players in the Global Cake Market are :

  • American Baking Company (ABC)
  • Aryzta AG
  • Flowers Foods, Inc.
  • McKee Foods
  • Finsbury Food Group Plc
  • Pepperidge Farm Incorporated
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Global Virtual Payment (POS) Terminals Market : https://www.expertmarketresearch.com/reports/virtual-payment-terminals-market

Saudi Arabia PE Pipes Market : https://www.expertmarketresearch.com/reports/saudi-arabia-pe-pipes-market

Saudi Arabia Luxury Market : https://www.expertmarketresearch.com/reports/saudi-arabia-luxury-market

Saudi Arabia Health Insurance Market : https://www.expertmarketresearch.com/reports/saudi-arabia-health-insurance-market

Global Avocado Oil Market : https://www.expertmarketresearch.com/reports/avocado-oil-market

Global Anhydrous Milk Fat (Butter Oil) Market : https://www.expertmarketresearch.com/reports/anhydrous-milk-fat-butter-oil-market

Global Adult Diaper Market : https://www.expertmarketresearch.com/reports/adult-diaper-market

Global Advanced Phase Change Materials Market : https://www.expertmarketresearch.com/reports/advanced-phase-change-materials-market

Global Automotive Clutch Market : https://www.expertmarketresearch.com/reports/automotive-clutch-market

Global Data Centre Power Market : https://www.expertmarketresearch.com/reports/data-centre-power-market

Hypervolt plus Cordless Vibration Massager Market : https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market

Lithium Ion Battery Companies : https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Shira Ellis, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research

This post was created with our nice and easy submission form. Create your post!

Leave a Reply