Worldwide Cake Mix Market 2017 Key Growth Drivers, Challenges, Demand and Upcoming Trends

Market Overview:

Cake Mix Market share in bakery industry is estimated to escalate at a higher growth rate which is supported by the rising consumption of cakes, pastries and other bakery products in the developed countries. The developing economic conditions of various regions are fueling up the market demand for bakery products. The unconventional flavor segments of cake mix are estimated to grow at a higher growth rate as people are growing more health conscious globally. Based on the easy-to-bake benefits of the product, the consumption of Cake Mix is anticipated to increase at a steady CAGR.

The increasing sale of cake mix is driven by the changing consumer’s preference. Increasing consumption of bakery products is directly supporting the sale of the product. The convenience usage has raised the consumption of cake mix amongst various regions of North America. This also has a positive influence on the market share of bakery products. Europe is one of the major markets for Cake Mix holding a major share. The less time of preparation of cakes and the stored flavors are also driving the market.
All these factors contribute to the calculated CAGR of 3.5% of cake mix market during 2016-2022.

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Major Key Players:

• Krusteaz   (U.S.)
• The French Cake Company (France)
• Italdecor (Italy)
• RMIX Alimentos Saudáveis Ltda (Brazil)
• Sudem Cake Mix and Products A.S. (Turkey)
• Pillsbury (U.S.)
• Betty Crocker (U.S.)
• Pinnacle Foods Inc (U.S.)
• ArrowheadMills (U.S.)
• Ghirardelli Chocolate Company (U.S.)

Regional Analysis

Cake Mix Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these North America region has the major market share followed by Europe. U.S. is amongst the major producers of cake mixes. In the Europe region, France is one of the dominating countries for cake mix manufacture and exports the product in various other countries of Europe which include Belgium, Germany, Italy, Spain and U.K. Raising usage of ready-to-bake products is supporting the growth of the market in developed countries of North America and Europe region. Germany, China, U.S. and U.K. and Netherlands are the major importers of cake mix.

List of Figures

FIGURE 1 RESEARCH METHODOLOGY   

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH   

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH   

FIGURE 4 TRENDS IN CAKE MIXES IMPORTS 2012-15   

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FIGURE 5 GROWTH RATE IN CAKE MIXES IMPORTS 2012-15

FIGURE 6 CAKE MIXES IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2012 VS 2015)

FIGURE 7 TRENDS IN CAKE MIXES EXPORTS 2012-15

FIGURE 8 GROWTH RATE CAKE MIXES EXPORTS 2012-15

FIGURE 9 CAKE MIXES EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2012 VS 2015)

Continued…..

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