Cakes and Pastries Market Size, Share, Growth, Trends and Industry Analysis 2022-2027

The IMARC Group provides extensive analysis of the cakes and pastries industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Cakes and Pastries Market Overview:

The global cakes and pastries market reached a value of US$ 130.7 Billion in 2021. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 170.2 Billion by 2027, growing at a CAGR of 4.4% during 2022-2027. Cakes and pastries are one of the most popular products, which are baked using flour, sugar, eggs, margarine, baking soda, and baking powder. The cakes have a unique texture, which makes them customizable as per the consumer preference. They are largely used on ceremonial occasions, such as weddings, birthdays and anniversaries and are available in different sizes and shapes. Moreover, pastries are often baked or fried and are used as a crust for tarts and pies. Shortcuts, puff, and choux are some of the types of pastries available in the market.

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Global Cakes and Pastries Market Trends:

The cakes and pastries market is primarily driven by the rising demand for customized pastries and cakes and inflating consumer expenditure power. The high demand for decadent foods and rising working populace have facilitated the demand for ready-to-eat food products, such as pastries, cakes, and pies. Moreover, the rising consumer health consciousness has prompted the key players to introduce healthy product variants, such as whole wheat, multigrain, organic, and gluten-free, which is creating a positive outlook for the market.    

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Type, Sector, Distribution Channel, Region

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cakes and pastries market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, type, sector and distribution channel.

Competitive Landscape:

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.

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

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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

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.

Sources:
https://www.marketwatch.com/press-release/cosmetics-market-size-growth-demand-industry-analysis-and-forecast-2022-2027-imarc-group-2022-08-19
https://www.marketwatch.com/press-release/global-adventure-tourism-market-size-and-demand-analysis-by-capital-investment-industry-outlook-growth-potential-opportunities-trends-2022-08-19
https://www.marketwatch.com/press-release/drug-eluting-stents-market-share-size-analysis-business-scope-drivers-and-growth-opportunities-2022-08-19
https://www.marketwatch.com/press-release/bancassurance-market-share-in-gcc-demand-industry-analysis-and-forecast-2022-2027-imarc-group-2022-08-19
https://www.marketwatch.com/press-release/medical-simulation-market-size-outlook-growth-potential-opportunities-trends-2022-08-19

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