Cakes and Pastries Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Artisanal Bakery Products, In-store Bakery Products), By Type (Cakes, Frozen Cakes & Pastries, Pastries, Sweet Pies), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialist Stores, Artisanal Bakeries, Online, Others), By Region & Competition, 2019-2029F

Industry : Consumer Goods and Retail
Pages : NA
Published Date : NA

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Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 146.21 Billion
CAGR (2024-2029)	4.25%
Fastest Growing Segment	Online
Largest Market	North America
Market Size (2029)	USD 187.68 Billion

Market Overview

The global cakes and pastries market was valued at USD 146.21 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 4.25% through 2029. The global cakes and pastries market is an integral segment of the bakery industry, characterized by a diverse range of products including simple sponge cakes, cupcakes, muffins, pies, and elaborate pastries like croissants and eclairs. This market has witnessed robust growth over the years, driven by increasing consumer demand for indulgent and convenient food products. The market encompasses various segments such as retail (supermarkets, hypermarkets, and specialty stores) and online platforms, catering to a broad spectrum of consumers. In recent years, the cakes and pastries market has expanded significantly due to changing consumer preferences, rising disposable incomes, and urbanization. The demand for high-quality, artisanal, and premium products has surged, supported by a growing trend towards indulgence and the celebration of special occasions. The COVID-19 pandemic has also influenced market dynamics, with a marked increase in online sales and home delivery services. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America remains the largest market, while the Asia-Pacific region is emerging as a key growth area, driven by rising urbanization and changing dietary habits. Grupo Bimbo, Finsbury Food Group, Hostess Brands, McKee Foods, and Aryzta AG are among the market's leading companies. These companies are focused on product innovation, expansion of their product portfolios, and strategic mergers and acquisitions to strengthen their market position. Overall, the global cakes and pastries market is poised for sustained growth, driven by continuous product innovation, expanding distribution channels, and the growing popularity of premium and health-oriented bakery products.

Market Drivers

Rising Disposable Incomes

The increase in disposable incomes globally has had a profound impact on consumer spending patterns, particularly in the food and beverage sector. As disposable incomes rise, consumers have more financial flexibility to spend on non-essential and indulgent items such as cakes and pastries. This trend is particularly evident in emerging economies where a growing middle class is driving demand for premium and high-quality bakery products.

With more disposable income, consumers are willing to pay a premium for higher quality, artisanal products. This shift towards premiumization has led to the proliferation of specialty bakeries and gourmet pastry shops offering a range of luxurious products made with superior ingredients. Higher disposable incomes mean that consumers can afford to purchase cakes and pastries more frequently. This has led to a rise in everyday indulgence, with consumers buying these products not just for special occasions but also as regular treats. Affluent consumers are more open to trying new and innovative products. This has encouraged manufacturers to experiment with unique flavors, ingredients, and presentation styles to cater to the evolving tastes of consumers. Countries like China and India are witnessing significant economic growth, leading to an increase in disposable incomes. The burgeoning middle class in these countries is driving demand for western-style bakery products, including cakes and pastries.

Urbanization and Lifestyle Changes

Urbanization is reshaping consumer lifestyles, leading to changes in dietary habits and food consumption patterns. As more people move to urban areas, the demand for convenient, ready-to-eat food products has surged. Cakes and pastries, being easy-to-consume and widely available, fit well into the fast-paced urban lifestyle. Urban dwellers often have busy schedules, leading to a preference for convenient food options. Cakes and pastries, available in various retail outlets and through online platforms, offer a quick and easy solution for breakfast, snacks, or dessert. The rise of on-the-go consumption has boosted the demand for single-serve cakes and pastries. Products like muffins, cupcakes, and croissants are popular choices for busy consumers looking for a quick bite. Urban consumers, exposed to diverse culinary cultures, demand a wide variety of flavors and styles. This has led to the introduction of numerous international bakery products in urban markets. Rapid urbanization in countries like China, India, and Indonesia is driving the demand for convenient and ready-to-eat bakery products. The growing number of working women and nuclear families further supports this trend.

Innovation and Product Diversification

Innovation and product diversification are crucial drivers in the cakes and pastries market, enabling companies to differentiate themselves in a competitive landscape. Continuous innovation in flavors, ingredients, and packaging helps attract new customers and retain existing ones. Consumers are constantly seeking new and exciting flavors. Manufacturers are experimenting with unique flavor combinations, seasonal offerings, and culturally inspired recipes to cater to diverse tastes. There is a growing demand for healthier bakery products. Companies are innovating by introducing gluten-free, vegan, low-sugar, and high-protein options. The use of natural sweeteners and alternative flours is also gaining popularity. The trend towards premiumization has led to the rise of artisanal bakery products made with high-quality, locally sourced ingredients. These products are often handcrafted and marketed as gourmet items. Innovation is driven by consumer demand for health-oriented and premium products. Companies are focusing on clean label ingredients and transparent sourcing. Europe known for its rich bakery tradition, Europe sees a blend of traditional and innovative products. Artisanal and premium pastries are highly popular. Companies are investing heavily in R&D to develop new products and improve existing ones. This includes the use of cutting-edge technology and collaboration with culinary expert.

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Key Market Challenges

Health Concerns

The global cakes and pastries market faces a significant challenge as consumers become more aware of health and wellness. With rising obesity, diabetes, and other lifestyle-related disorders, there is a greater need for better eating options. Pastries and cakes are typically thought of as harmful pleasures because of their high calorie, fat, and sugar content.. Cakes and pastries, traditionally high in sugar, fat, and calories, are often perceived as unhealthy indulgences. More consumers are shifting towards healthier alternatives, such as fruits, nuts, and low-calorie snacks. This shift in consumer preference is causing a decline in the demand for traditional cakes and pastries. To meet this demand, manufacturers are investing in the reformulation of their products. This involves reducing sugar content, using alternative sweeteners, and incorporating whole grains and natural ingredients. However, reformulating products without compromising taste and texture is challenging and costly. Governments and health organizations are increasingly implementing regulations and guidelines to reduce sugar and fat content in food products. Compliance with these regulations requires significant investment in research and development, as well as adjustments in manufacturing processes. Creating cutting-edge goods to satisfy health-conscious consumers, like cakes and pastries with high protein, low sugar, and gluten free ingredients.

Intense Competition

The cake and pastries market are highly competitive, with numerous small and large players vying for market share. This intense competition creates several challenges for manufacturers, including price wars, brand differentiation, and market saturation. Strong competition frequently leads to price wars, in which businesses reduce their prices in order to attract customers. While this may enhance sales volume in the near term, it frequently results in lower profit margins and financial strain for producers. Standing out in a crowded market presents a considerable difficulty. in a crowded market is a significant challenge. Companies must continuously innovate and differentiate their products to attract and retain customers. This requires investment in marketing, product development, and quality improvement. In mature markets, the saturation of bakery products can limit growth opportunities. Companies must explore new markets, such as emerging economies, to sustain growth. Focusing on product quality and continuous innovation can help differentiate brands and attract loyal customers.

Supply Chain Issues

Supply chain issues, including fluctuations in raw material prices and supply chain disruptions, pose significant challenges for the global cakes and pastries market. Key ingredients such as flour, sugar, dairy, and eggs are subject to price volatility due to factors like weather conditions, agricultural productivity, and global trade dynamics. Fluctuating raw material prices have a substantial impact on manufacturing costs and profitability. Managing these costs while maintaining product quality and competitive pricing is a major challenge for manufacturers. Events such as natural disasters, geopolitical tensions, and pandemics can disrupt supply chains, leading to shortages of key ingredients and increased production costs. Effective inventory management is crucial to mitigate the risks associated with supply chain disruptions. However, maintaining adequate inventory levels without overstocking can be challenging and requires advanced planning and forecasting. Sourcing raw materials from multiple suppliers and regions can reduce dependency on a single source and mitigate the risks of supply chain disruptions.

Key Market Trends

Health and Wellness Focus

The trend towards health and wellness is reshaping the global cake and pastries market. Consumers are increasingly seeking products that align with their health-conscious lifestyles, driving demand for healthier alternatives. Increased awareness of the health impacts of sugar and fat consumption is leading consumers to seek healthier options. Government regulations and guidelines aimed at reducing sugar and fat intake are encouraging manufacturers to reformulate products. Modern lifestyles, characterized by busy schedules and a focus on fitness, are driving demand for convenient yet healthy snacks. Manufacturers are reformulating products to reduce sugar and fat content, incorporating whole grains, natural sweeteners, and functional ingredients like fiber and protein. Clear labeling of ingredients and nutritional information is becoming more important, with consumers seeking transparency in their food choices. Brands are emphasizing health benefits in their marketing campaigns, promoting attributes like low sugar, high fiber, and natural ingredients.

Artisanal and Premium Products

The demand for artisanal and premium cakes and pastries is on the rise, driven by consumers' desire for high-quality, unique, and indulgent experiences. As consumers become more discerning, they seek products that offer superior taste, quality, and craftsmanship. The trend towards the experience economy, where consumers value experiences over material goods, is driving demand for premium and artisanal products. Locally sourced, authentic, and handmade products are becoming increasingly popular, as they are regarded to be of higher quality and authenticity. Premium products often use high-quality, locally sourced ingredients, which can enhance flavor and appeal. Artisanal products emphasize craftsmanship and innovation, offering unique flavors, textures, and presentations. Effective storytelling and branding can differentiate artisanal products, highlighting the craftsmanship, origin, and unique attributes of the product.

Sustainability and Ethical Consumption

Sustainability and ethical consumption are becoming increasingly important to consumers, influencing their purchasing decisions in the cake and pastries market. Growing awareness of environmental issues is driving demand for sustainable and eco-friendly products. Consumers are increasingly considering ethical factors, such as fair trade practices, animal welfare, and labor conditions, in their purchasing decisions. Governments and regulatory bodies are implementing policies and guidelines to promote sustainability and reduce environmental impact. Manufacturers are sourcing ingredients from sustainable and ethical suppliers, ensuring fair trade practices and environmentally friendly production methods. There is a growing emphasis on reducing plastic use and adopting eco-friendly packaging materials, such as biodegradable and recyclable options. Companies are incorporating corporate social responsibility (CSR) initiatives into their business strategies, focusing on sustainability, ethical practices, and community engagement.

Customization and Personalization

Customization and personalization are key trends in the cakes and pastries market, driven by consumers' desire for unique and personalized experiences. Consumers are seeking products that cater to their individual tastes, dietary needs, and preferences. Customized cakes and pastries are particularly popular for special occasions such as birthdays, weddings, and corporate events, where personalized designs and flavors are highly valued. Advances in technology, such as 3D printing and digital design tools, are enabling greater customization and personalization in bakery products. Manufacturers are offering bespoke products tailored to individual preferences, from custom flavors and designs to dietary requirements such as gluten-free or vegan options. Interactive experiences, such as build-your-own cake kits or personalized cake decorating classes, are engaging consumers and enhancing brand loyalty. The rise of e-commerce and online platforms is facilitating direct-to-consumer sales, allowing consumers to easily order customized and personalized products.

Segmental Insights

Product Insights

In the global cakes and pastries market, artisanal bakery products have emerged as the leading market segment. Modern consumers are increasingly discerning, seeking high-quality, unique, and flavorful baked goods. Artisanal bakery products are perceived to offer superior taste and craftsmanship compared to mass-produced in-store bakery products. There is a growing demand for healthier baked goods, and artisanal bakeries often use natural, high-quality ingredients with fewer preservatives. This aligns with consumer preferences for wholesome and less processed foods.

The trend towards the experience economy has boosted the popularity of artisanal products. Consumers value the story behind their food, including the sourcing of ingredients and the craftsmanship involved in the baking process. Artisanal products often come with a narrative that adds to their appeal. Artisanal bakeries can offer bespoke products tailored to individual tastes and dietary needs, such as gluten-free, vegan, or low-sugar options. This level of customization is a significant driver in a market where consumers increasingly seek personalized experiences. There is a strong consumer movement towards supporting local and small businesses. Artisanal bakeries, often locally owned and operated, benefit from this trend as consumers prefer to buy from and support their local communities.

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Regional Insights

The North America region stands as the leading market segment in the global cakes and pastries market. North American consumers have relatively high disposable incomes, enabling them to spend more on indulgent and premium bakery products. This financial capacity fuels demand for a wide range of cakes and pastries, from everyday treats to high-end artisanal offerings. The region's multicultural population brings diverse tastes and preferences, driving innovation and variety in product offerings. This diversity encourages bakeries to experiment with flavors and designs, catering to various cultural and dietary needs. A well-established food culture that includes celebrating special occasions with cakes and pastries contributes significantly to market growth. Birthdays, weddings, holidays, and other events create consistent demand for these products. The presence of a robust retail infrastructure, including supermarkets, specialty stores, and bakeries, ensures wide availability and easy access to a variety of bakery products. Additionally, the growth of e-commerce and food delivery services enhances market reach.

Recent Developments

In 2024, McVitie's has launched a new Cola Bottle flavour of the iconic Jaffa cakes in the United Kingdom, combining the nation's favourite sweets with one of Britain's best-loved beverages. The cola-flavoured Jaffa Cakes will be available in UK supermarkets and stores by July and August.
In 2023, Premier Foods is expanding its cake offerings with the launch of three new products: Mr Kipling Deliciously Good Cherry Bakewells, Mr Kipling Strawberries & Cream Chequered cake, and Plantastic Indulgent Double Chocolate Brownies. These launches cater to a wide range of customer preferences, including healthier alternatives, plant-based options, and indulgent treats.
In 2024, TOUS les JOURS, a renowned bakery café chain, has announced the launch of the Pinkfong Strawberry Dream Cake, the second cake in their partnership with The Pinkfong Company. The cake features Pinkfong and Ninimo figurines, chocolate cake layered with strawberry jam filling and topped with strawberry and vanilla buttercream. It is adorned with various shades of pink decorations, including figurines, rainbows, and sparkling heart garlands.

Key Market Players

Finsbury Food Group Limited
Flowers Foods, Inc.
Grupo Bimbo
American Baking Company
Britannia Industries Limited
Dofreeze LLC
The J.M. Smucker Company
McKee Foods
Yamazaki Baking Co., Ltd.
ARYZTA AG

By Product	By Type	By Distribution Channel	By Region
Artisanal Bakery Products In-store Bakery Products	Cakes Frozen Cakes & Pastries Pastries Sweet Pies	Supermarkets and Hypermarkets Convenience Stores Specialist Stores Artisanal Bakeries Online Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the global cakes and pastries market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Cakes and Pastries Market, By Product:

o Artisanal Bakery Products

o In-store Bakery Products

Cakes and Pastries Market, By Type:

o Cakes

o Frozen Cakes & Pastries

o Pastries

o Sweet Pies

Cakes and Pastries Market, By Distribution Channel:

o Supermarkets and Hypermarkets

o Convenience Stores

o Specialist Stores

o Artisanal Bakeries

o Online

o Others

Cakes and Pastries Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ Germany

§ Spain

§ Italy

§ United Kingdom

o Asia-Pacific

§ China

§ Japan

§ India

§ Vietnam

§ South Korea

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

§ Kuwait

§ Egypt

o South America

§ Brazil

§ Argentina

§ Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the global cakes and pastries market.

Available Customizations:

Global cakes and pastries market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

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Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customer

4.1. Factors Influencing Purchase Decision

4.2. Sources of Information

5. Global Cakes and Pastries Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product Market Share Analysis (Artisanal Bakery Products, In-store Bakery Products)

5.2.2. By Type Market Share Analysis (Cakes, Frozen Cakes & Pastries, Pastries, Sweet Pies)

5.2.3. By Distribution Channel Market Share Analysis (Supermarkets and Hypermarkets, Convenience Stores, Specialist Stores, Artisanal Bakeries, Online, Others)

5.2.4. By Regional Market Share Analysis

5.2.4.1. North America Market Share Analysis

5.2.4.2. Europe Market Share Analysis

5.2.4.3. Asia-Pacific Market Share Analysis

5.2.4.4. Middle East & Africa Market Share Analysis

5.2.4.5. South America Market Share Analysis

5.2.5. By Top 5 Companies Market Share Analysis, Others (2023)

5.3. Global Cakes and Pastries Market Mapping & Opportunity Assessment

5.3.1. By Product Market Mapping & Opportunity Assessment

5.3.2. By Type Market Mapping & Opportunity Assessment

5.3.3. By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4. By Regional Market Mapping & Opportunity Assessment

6. North America Cakes and Pastries Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Market Share Analysis

6.2.2. By Type Market Share Analysis

6.2.3. By Distribution Channel Market Share Analysis

6.2.4. By Country Market Share Analysis

6.2.4.1. United States Cakes and Pastries Market Outlook

6.2.4.1.1. Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2. Market Share & Forecast

6.2.4.1.2.1. By Product Market Share Analysis

6.2.4.1.2.2. By Type Market Share Analysis

6.2.4.1.2.3. By Distribution Channel Market Share Analysis

6.2.4.2. Canada Cakes and Pastries Market Outlook

6.2.4.2.1. Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2. Market Share & Forecast

6.2.4.2.2.1. By Product Market Share Analysis

6.2.4.2.2.2. By Type Market Share Analysis

6.2.4.2.2.3. By Distribution Channel Market Share Analysis

6.2.4.3. Mexico Cakes and Pastries Market Outlook

6.2.4.3.1. Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2. Market Share & Forecast

6.2.4.3.2.1. By Product Market Share Analysis

6.2.4.3.2.2. By Type Market Share Analysis

6.2.4.3.2.3. By Distribution Channel Market Share Analysis

7. Europe Cakes and Pastries Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Market Share Analysis

7.2.2. By Type Market Share Analysis

7.2.3. By Distribution Channel Market Share Analysis

7.2.4. By Country Market Share Analysis

7.2.4.1. France Cakes and Pastries Market Outlook

7.2.4.1.1. Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2. Market Share & Forecast

7.2.4.1.2.1. By Product Market Share Analysis

7.2.4.1.2.2. By Type Market Share Analysis

7.2.4.1.2.3. By Distribution Channel Market Share Analysis

7.2.4.2. Germany Cakes and Pastries Market Outlook

7.2.4.2.1. Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2. Market Share & Forecast

7.2.4.2.2.1. By Product Market Share Analysis

7.2.4.2.2.2. By Type Market Share Analysis

7.2.4.2.2.3. By Distribution Channel Market Share Analysis

7.2.4.3. Spain Cakes and Pastries Market Outlook

7.2.4.3.1. Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2. Market Share & Forecast

7.2.4.3.2.1. By Product Market Share Analysis

7.2.4.3.2.2. By Type Market Share Analysis

7.2.4.3.2.3. By Distribution Channel Market Share Analysis

7.2.4.4. Italy Cakes and Pastries Market Outlook

7.2.4.4.1. Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2. Market Share & Forecast

7.2.4.4.2.1. By Product Market Share Analysis

7.2.4.4.2.2. By Type Market Share Analysis

7.2.4.4.2.3. By Distribution Channel Market Share Analysis

7.2.4.5. United Kingdom Cakes and Pastries Market Outlook

7.2.4.5.1. Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2. Market Share & Forecast

7.2.4.5.2.1. By Product Market Share Analysis

7.2.4.5.2.2. By Type Market Share Analysis

7.2.4.5.2.3. By Distribution Channel Market Share Analysis

8. Asia-Pacific Cakes and Pastries Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Market Share Analysis

8.2.2. By Type Market Share Analysis

8.2.3. By Distribution Channel Market Share Analysis

8.2.4. By Country Market Share Analysis

8.2.4.1. China Cakes and Pastries Market Outlook

8.2.4.1.1. Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2. Market Share & Forecast

8.2.4.1.2.1. By Product Market Share Analysis

8.2.4.1.2.2. By Type Market Share Analysis

8.2.4.1.2.3. By Distribution Channel Market Share Analysis

8.2.4.2. Japan Cakes and Pastries Market Outlook

8.2.4.2.1. Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2. Market Share & Forecast

8.2.4.2.2.1. By Product Market Share Analysis

8.2.4.2.2.2. By Type Market Share Analysis

8.2.4.2.2.3. By Distribution Channel Market Share Analysis

8.2.4.3. India Cakes and Pastries Market Outlook

8.2.4.3.1. Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2. Market Share & Forecast

8.2.4.3.2.1. By Product Market Share Analysis

8.2.4.3.2.2. By Type Market Share Analysis

8.2.4.3.2.3. By Distribution Channel Market Share Analysis

8.2.4.4. Vietnam Cakes and Pastries Market Outlook

8.2.4.4.1. Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2. Market Share & Forecast

8.2.4.4.2.1. By Product Market Share Analysis

8.2.4.4.2.2. By Type Market Share Analysis

8.2.4.4.2.3. By Distribution Channel Market Share Analysis

8.2.4.5. South Korea Cakes and Pastries Market Outlook

8.2.4.5.1. Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.2. Market Share & Forecast

8.2.4.5.2.1. By Product Market Share Analysis

8.2.4.5.2.2. By Type Market Share Analysis

8.2.4.5.2.3. By Distribution Channel Market Share Analysis

9. Middle East & Africa Cakes and Pastries Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Market Share Analysis

9.2.2. By Type Market Share Analysis

9.2.3. By Distribution Channel Market Share Analysis

9.2.4. By Country Market Share Analysis

9.2.4.1. South Africa Cakes and Pastries Market Outlook

9.2.4.1.1. Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2. Market Share & Forecast

9.2.4.1.2.1. By Product Market Share Analysis

9.2.4.1.2.2. By Type Market Share Analysis

9.2.4.1.2.3. By Distribution Channel Market Share Analysis

9.2.4.2. Saudi Arabia Cakes and Pastries Market Outlook

9.2.4.2.1. Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2. Market Share & Forecast

9.2.4.2.2.1. By Product Market Share Analysis

9.2.4.2.2.2. By Type Market Share Analysis

9.2.4.2.2.3. By Distribution Channel Market Share Analysis

9.2.4.3. UAE Cakes and Pastries Market Outlook

9.2.4.3.1. Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.2. Market Share & Forecast

9.2.4.3.2.1. By Product Market Share Analysis

9.2.4.3.2.2. By Type Market Share Analysis

9.2.4.3.2.3. By Distribution Channel Market Share Analysis

9.2.4.4. Turkey Cakes and Pastries Market Outlook

9.2.4.4.1. Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.2. Market Share & Forecast

9.2.4.4.2.1. By Product Market Share Analysis

9.2.4.4.2.2. By Type Market Share Analysis

9.2.4.4.2.3. By Distribution Channel Market Share Analysis

9.2.4.5. Kuwait Cakes and Pastries Market Outlook

9.2.4.5.1. Market Size & Forecast

9.2.4.5.1.1. By Value

9.2.4.5.2. Market Share & Forecast

9.2.4.5.2.1. By Product Market Share Analysis

9.2.4.5.2.2. By Type Market Share Analysis

9.2.4.5.2.3. By Distribution Channel Market Share Analysis

9.2.4.6. Egypt Cakes and Pastries Market Outlook

9.2.4.6.1. Market Size & Forecast

9.2.4.6.1.1. By Value

9.2.4.6.2. Market Share & Forecast

9.2.4.6.2.1. By Product Market Share Analysis

9.2.4.6.2.2. By Type Market Share Analysis

9.2.4.6.2.3. By Distribution Channel Market Share Analysis

10. South America Cakes and Pastries Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Market Share Analysis

10.2.2. By Type Market Share Analysis

10.2.3. By Distribution Channel Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1. Brazil Cakes and Pastries Market Outlook

10.2.4.1.1. Market Size & Forecast

10.2.4.1.1.1. By Value

10.2.4.1.2. Market Share & Forecast

10.2.4.1.2.1. By Product Market Share Analysis

10.2.4.1.2.2. By Type Market Share Analysis

10.2.4.1.2.3. By Distribution Channel Market Share Analysis

10.2.4.2. Argentina Cakes and Pastries Market Outlook

10.2.4.2.1. Market Size & Forecast

10.2.4.2.1.1. By Value

10.2.4.2.2. Market Share & Forecast

10.2.4.2.2.1. By Product Market Share Analysis

10.2.4.2.2.2. By Type Market Share Analysis

10.2.4.2.2.3. By Distribution Channel Market Share Analysis

10.2.4.3. Colombia Cakes and Pastries Market Outlook

10.2.4.3.1. Market Size & Forecast

10.2.4.3.1.1. By Value

10.2.4.3.2. Market Share & Forecast

10.2.4.3.2.1. By Product Market Share Analysis

10.2.4.3.2.2. By Type Market Share Analysis

10.2.4.3.2.3. By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Impact of COVID-19 on Global Cakes and Pastries Market

12.1. Impact Assessment Model

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1. Company Profiles

14.1.1. Finsbury Food Group Limited

14.1.1.1. Company Details

14.1.1.2. Products

14.1.1.3. Financials (As Per Availability)

14.1.1.4. Key Market Focus & Geographical Presence

14.1.1.5. Recent Developments

14.1.1.6. Key Management Personnel

14.1.2. Flowers Foods, Inc.

14.1.2.1. Company Details

14.1.2.2. Products

14.1.2.3. Financials (As Per Availability)

14.1.2.4. Key Market Focus & Geographical Presence

14.1.2.5. Recent Developments

14.1.2.6. Key Management Personnel

14.1.3. Grupo Bimbo

14.1.3.1. Company Details

14.1.3.2. Products

14.1.3.3. Financials (As Per Availability)

14.1.3.4. Key Market Focus & Geographical Presence

14.1.3.5. Recent Developments

14.1.3.6. Key Management Personnel

14.1.4. American Baking Company

14.1.4.1. Company Details

14.1.4.2. Products

14.1.4.3. Financials (As Per Availability)

14.1.4.4. Key Market Focus & Geographical Presence

14.1.4.5. Recent Developments

14.1.4.6. Key Management Personnel

14.1.5. Britannia Industries Limited

14.1.5.1. Company Details

14.1.5.2. Products

14.1.5.3. Financials (As Per Availability)

14.1.5.4. Key Market Focus & Geographical Presence

14.1.5.5. Recent Developments

14.1.5.6. Key Management Personnel

14.1.6. Dofreeze LLC

14.1.6.1. Company Details

14.1.6.2. Products

14.1.6.3. Financials (As Per Availability)

14.1.6.4. Key Market Focus & Geographical Presence

14.1.6.5. Recent Developments

14.1.6.6. Key Management Personnel

14.1.7. The J.M. Smucker Company

14.1.7.1. Company Details

14.1.7.2. Products

14.1.7.3. Financials (As Per Availability)

14.1.7.4. Key Market Focus & Geographical Presence

14.1.7.5. Recent Developments

14.1.7.6. Key Management Personnel

14.1.8. McKee Foods

14.1.8.1. Company Details

14.1.8.2. Products

14.1.8.3. Financials (As Per Availability)

14.1.8.4. Key Market Focus & Geographical Presence

14.1.8.5. Recent Developments

14.1.8.6. Key Management Personnel

14.1.9. Yamazaki Baking Co., Ltd.

14.1.9.1. Company Details

14.1.9.2. Products

14.1.9.3. Financials (As Per Availability)

14.1.9.4. Key Market Focus & Geographical Presence

14.1.9.5. Recent Developments

14.1.9.6. Key Management Personnel

14.1.10. ARYZTA AG

14.1.10.1. Company Details

14.1.10.2. Products

14.1.10.3. Financials (As Per Availability)

14.1.10.4. Key Market Focus & Geographical Presence

14.1.10.5. Recent Developments

14.1.10.6. Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1. Key Focus Areas

15.2. Target Type

15.3. Target Distribution Channel

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the global cakes and pastries market in 2023?

The market size of the global cakes and pastries market was estimated to be USD 146.21 Billion in 2023

What are the major drivers for the global cakes and pastries Market?

The major drivers for the global cakes and pastries market include the increase in disposable incomes, urbanization and lifestyle changes, innovation and product diversification These factors collectively contribute to the market's dynamic growth and appeal to diverse end consumers.

What are the major trends for the global cakes and pastries Market?

Major trends in the global cakes and pastries market includes growing demand for organic and natural cakes and pastries, demand for artisanal and premium cakes and pastries, focus on sustainability and eco-friendly packaging, customization and personalization, expansion of e-commerce and online retail platforms. These trends reflect evolving consumer preferences and industry responses to create distinct and appealing offerings.

What are the major challenges for the global cakes and pastries Market?

Major challenges for the global cakes and pastries market encompass health concerns owing to rising rates of obesity, diabetes, and other lifestyle-related diseases, intense competition, supply chain issues. Understanding these challenges is critical for stakeholders to strategize effectively and ensure long-term growth in this competitive market.

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Parvati Sharma

Account Manager BD

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