Cakes and Pastries Market Size, DROT, Porter’s, PEST, Region & Country Revenue Analysis & Forecast Till 2027
Consumer preference for healthier food and food products, growing awareness about veganism and gluten-free food are some key drivers of the food & beverage industry. In addition, the report also offers insights about trending innovations that can benefit the market revenue growth and emerging lucrative growth opportunities for market players going ahead.
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The Leading Companies in the Market are:
• American Baking Company
• Britannica, Inc.
• Euro Patisserie
• General Mills Inc.
• Flowers Foods, Inc.
• George Weston Limited
• Grupo Bimbo
• Tyson Foods
• Hostess Brands, LLC.
• McKee Foods
The global Cakes and Pastries market is expected to account for robust revenue growth throughout the forecast period. The food and beverage industry is significantly flourishing primarily because people have become more health conscious. Consumer awareness about consumption of healthy food due to sudden changes in routine and switch to sedentary lifestyle has resulted in demand for organic and nutrition rich food and drinks. Owing to the rapidly expanding population, there has been a constant demand for good quality food and food products. Technological advancements and rising funds by public and private sectors is further fueling market growth. Growing inclination towards healthier options like probiotic drinks, meat-free products, gluten free and sustainable food is boosting global market growth. Moreover, due to fast moving life, consumers offer prefer doorstep delivery of food. This in turn has encouraged manufactures to produce packaged food.
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The report also gives details about segments covered in the Cakes and Pastries market along with details of industry status in 5 major regions; North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
By Type (Revenue, USD Million; Volume in Tons, 2017–2027)
• Frozen cakes
• Toaster pastries
• Breakfast pastries
By Application Type (Revenue, USD Million; Volume in Tons, 2017–2027)
• Specialist Retailers
• Convenience Stores
• Other Distribution Channels
Cakes and Pastries Market Segmentation Based on Regions:
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
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Key insights presented in the report:
• Market revenue shares by major business players, by type, application, and market scope of global Cakes and Pastries market
• Sales revenue by key players and new entrants
• Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight into recent trends and opportunities.
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