Press release
Doughnuts Market Size, Share, Growth, Trends, 2032
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:The global doughnuts market size was USD 10.84 billion in 2023. The market is projected to expand from USD 11.22 billion in 2024 to USD 15.12 billion by 2032, exhibiting a CAGR of 3.79% during the forecast period.
A doughnut, a small ring-shaped confection, is prepared by frying or baking leavened dough, offering a sweet indulgence. Increasing consumer demand for healthier options prompts brands to introduce innovative products, aligning with preferences for reduced sugar and gluten content, thereby fostering market growth.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ : https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/doughnuts-market-104339
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Krispy Kreme, Inc. (U.S.)
โข Dunkin' Donuts (U.S.)
โข Grupo Bimbo (Mexico)
โข McKee Foods Corporation (U.S.)
โข Tim Hortons (Canada)
โข Shipley Do-Nuts (U.S.)
โข Mighty-O Donuts (U.S.)
โข Beiler's Doughnuts (U.S.)
โข Mister Donut (U.S.)
โข Winchell's Donut House (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐๐๐ฌ๐ญ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐จ๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐จ๐ฎ๐ฌ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
In terms of base type, the market is fragmented into yeast doughnut and cake doughnut. The yeast segment is touted to capture a major doughnuts market share. Continuous innovation in flavor combinations, fillings, and toppings for yeast doughnut stimulates consumer interest and contributes to the growth of this segment.
Food Service Channels Segment to Lead the Market owing to Freshness and Customization
In terms of distribution channels, the market is classified into food service channels and retail channels. The food service channels segment is touted to hold the largest doughnut market share. Quick-service restaurants provide freshly made doughnuts with a diverse range of flavors compared to packaged options, appealing to consumers' desire for variety and freshness, thereby fueling the growth of the segment.
In terms of region, the market is categorized into Europe, North America, Asia Pacific, South America, and the Middle East & Africa.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.fortunebusinessinsights.com/enquiry/multi-report-purchase/doughnuts-market-104339
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report offers key insights on market dynamics, competitive landscape, recent industry developments, regulatory scenarios in critical countries, and emerging industry trends, facilitating informed decision-making in the market.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐๐๐๐ฌ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฎ๐ฅ๐ ๐๐ง๐๐๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Doughnuts' association with special occasions satisfies occasional indulgences, fostering market expansion. Continuous introduction of unique flavors and visually appealing options by industry leaders such as Krispy Kreme in November 2023, attracts consumers seeking novel culinary experiences, stimulating doughnuts market growth.
However, concerns over sugar's health risks, including weight gain and diabetes, drive consumers toward healthier choices, restraining market expansion.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐๐๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐๐๐ฅ๐ญ๐ก-๐๐จ๐ง๐ฌ๐๐ข๐จ๐ฎ๐ฌ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
In 2023, the North American doughnut market was valued at USD 5.85 billion and is anticipated to maintain a substantial market share. The growing emphasis on delicious yet nutritious snacks corresponds with the increasing demand for convenient bakery snacks is propelling growth in the North American market.
The shift toward healthier lifestyles in Europe, evidenced by increasing demand for gluten-free, vegan, and sugar-free baked goods, stimulates market growth as manufacturers respond with innovative offerings such as Dunkin' Donuts' vegan doughnut range in January 2024, meeting the evolving preferences of European consumers.
๐๐ฌ๐ค ๐ ๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/doughnuts-market-104339
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ ๐ ๐จ๐๐ฎ๐ฌ๐ข๐ง๐ ๐จ๐ง ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐ญ๐ก๐๐ข๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐๐ฌ๐
In the fragmented donut market, industry leaders such as Krispy Kreme and Dunkin Donuts are making significant investments to expand their production capacities and geographic presence. Krispy Kreme's upcoming manufacturing facility in South Florida is a testament to this strategy, intended to bolster its DFD network and supply donuts to a diverse array of retail channels, including McDonald's outlets and grocery stores, driving market growth and strengthening their global footprint.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
๐๐๐ญ๐จ๐๐๐ซ ๐๐๐๐: Krispy Kreme partnered with Warner Bros Discovery Global Consumer Products to unveil a range of Scooby-Doo Halloween doughnuts in the U.S. The lineup features themed varieties such as Mystery Machine and Scooby Dooby-Doo, alongside other spooky flavors.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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