global Cake Model market was valued at USD 63.21 billion in 2016 and is expected to reach USD 75.07 billion by 2021.

Description:

The Global Cake Model market is anticipated to grow at 3.50% CAGR from 2016 to 2021 and it is estimated that the global market was valued at USD 63.21 billion in 2016 and is expected to reach USD 75.07 billion by 2021.

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Cake Mix is defined as dried pre-mixes used for baking cakes. Cake mix can be prepared using eggs or egg replacers. They are generally categorized into 3 types which include complete mix, dough base and dough concentrates. Cake premixes provide convenience usage to consumers, foodservice operations, and industrial-scale bakeries. Cake mix saves preparation time. They reduce the hassle of selecting the ingredients. Growing use of cake mix to speed up the whole baking process will further aid the market growth

Increase in urbanization and changing consumer preferences drive the growth of this market. The rise of in-store bakeries is another major driver of this market. Health issues in line with the growing concern for obesity and related diseases and regulatory constraints pertaining to product labeling pose a threat to this market. The increase in home baking further reduces the demand for packaged cakes. The increase in online sales and demand for product innovation would further help in market growth in the future. Cake pops, a type of snack, is gaining popularity and is available in grocery stores.

The global Cake Model market is segmented on the basis of Type, Mixing Methods, Sales, and Distribution Channel. On the basis of Type, it is segmented into Decorated Cake, Cup Cake, Dessert Cake, Pound Cake, Cheese Cake, Ice Cream Cake, Snack Cake, Wedding Cake and Others. On the basis of Mixing, it is segmented into Shortened Cakes, Layer Cakes Pound cake, Foam and Sponge Cakes, Low-Flour Cakes, Angel Food Cake, Biscuit, and Chiffon Cake. On the basis of Sales, it is segmented into Packaged Cakes, Artisanal, and In-Store Bakeries. On the basis of Distribution Channel, it is segmented into online sales, Supermarkets/ Hypermarkets, Convenience Stores and Others.

Based on geography, the market is segmented into Europe, North America, Asia Pacific, Latin America and Middle East and Africa. Europe dominated the market with the major share in terms of revenue. The reason for this is the presence of many established artisanal baked goods makers. North America accounted for the second largest share. Americans spent a large amount on cakes and other sweet baked goods annually thereby driving the demand for cake related products. Be that as it may, the demand for industrial cakes is expected to grow in the Asia-Pacific region due to the larger consumer base and changing food habits pertaining to bakery foods. In India, the cake market is seeing an exponential growth due to the increase in urbanization.

Some of the key players dominating the market are American Baking Company, Aryzta, BreadTalk, Britannia, Edwards Cake & Candy Supplies, Flower Foods, George Weston, Groupo Bimbo, Hillshire Brands, Hostess Brands, McKee Foods, Monginis, Mulino bianco, Pepperidge Farm, Tyson Food, Yamazaki Baking.

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Some Point from Table of Content:

1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline

3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology

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