Doughnuts Market
Growth Factors of Doughnuts Market
The Doughnuts market size was valued at USD 10.84 billion in 2023, and the market is now projected to grow from USD 11.22 billion in 2024 to USD 15.12 billion by 2032, exhibiting a CAGR of 3.79% during the forecast period of 2024-2032.
The closure of cafes, bakeries, restaurants throughout the globe turned into due to COVID-19 pandemic, therefore sharp decline in demand in Doughnuts Market growth. However, the demand has shifted in the direction of online platforms that resulted into boom in doughnuts online sales at some point of this pandemic.
Factors such as surge in demand for convenience foods by consumers, higher disposable incomes and increase in popularity of snacks on the move have led to growth spurt within the Doughnuts Market share. The growth of café chains and introduction of new flavors as well as healthier alternatives have contributed towards the continued expansion of the market. Moreover, special offers that are either seasonal or for a limited time only help to stimulate sales.
In their food choices, consumers have progressively become more anxious regarding sugar and gluten levels. Consequently, health-aware consumers looked for sugary and gluten-free substitutes to satisfy their longings for healthier indulgences. Some producers have been catering to this growing demand for healthy indulgence and have come up with distinct products in response to it.
Comprehensive Doughnuts Market
The Doughnuts market is growing at an exponential rate due to its market segmentation. These segmentations are methodically segregated by Distribution Channel Analysis, by Base Type Analysis. The Distribution Channel Analysis includes retail channels and food service channels. The Base Type Analysis includes yeast doughnuts and cake doughnuts.
The North America area lead the Doughnuts market with the resource of estimate a market size of USD 5.85 billion in 2023 due to the increasing focus toward tasty, healthy snacks paired with the rising popularity of grab-and-go bakery snacks.
The top players in the market play a crucial role in the Food & Beverages industry assuring industrial prospectus development and setting market standards. These players include, Dunkin' Donuts (U.S.), Krispy Kreme, Inc. (U.S.), McKee Foods Corporation (U.S.), Grupo Bimbo (Mexico), Shipley Do-Nuts (U.S.), Beiler's Doughnuts (U.S.), Mighty-O Donuts (U.S.), Winchell’s Donut House (U.S.), Mister Donut (U.S.) these market players provide a competitive landscape.
In May 2024, Parton, a singer and songwriter from America, worked together with Krispy Kreme to produce “Dolly Southern sweets doughnut collection.” This new range has a number of products including Dolly dazzler Doughnut, peachy keen cobbler doughnut, banana pudding pie, and chocolate crème pie.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 3.79% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Base Type
- Yeast Doughnuts
- Cake Doughnuts
- Food Service Channels
- Retail Channels
- Convenience Stores
- Online Channels
- Others
By Region
- North America (By Base Type, Distribution Channel, and Country)
- Canada (By Distribution Channel)
- Mexico (By Distribution Channel)
- Europe (By Base Type, Distribution Channel, and Country)
- France (By Distribution Channel)
- Spain (By Distribution Channel)
- Italy (By Distribution Channel)
- U.K. (By Distribution Channel)
- Rest of Europe (By Distribution Channel)
- Asia Pacific (By Base Type, Distribution Channel, and Country)
- India (By Distribution Channel)
- Japan (By Distribution Channel)
- Australia (By Distribution Channel)
- Rest of Asia Pacific (By Distribution Channel)
- South America (By Base Type, Distribution Channel, and Country)
- Argentina (By Distribution Channel)
- Chile (By Distribution Channel)
- Rest of South America (By Distribution Channel)
- Middle East and Africa (By Base Type, Distribution Channel, and Country)
- Saudi Arabia (By Distribution Channel)
- South Africa (By Distribution Channel)
- Rest of the Middle East & Africa (By Distribution Channel)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Trends
- 4. Key Insights
- 4.1. Market Overview of Related/Parent Market
- 4.2. Industry SWOT Analysis
- 4.3. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches
- 4.4. Supply Chain/Value Chain Analysis
- 4.5. Market Analysis and Insights (in Relation with COVID-19)
- 4.5.1. Impact of COVID-19 on the Market
- 4.5.2. Supply Chain Challenges due to the Pandemic
- 4.5.3. Potential Opportunities Due to COVID-19
- 5. Global Doughnuts Market Analysis, Insights and Forecast, 2024-2032
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Base Type (Value)
- 5.2.1.1. Yeast Doughnuts
- 5.2.1.2. Cake Doughnuts
- 5.2.2. By Distribution Channel (Value)
- 5.2.2.1. Food Service Channels
- 5.2.2.2. Retail Channels
- 5.2.2.2.1. Supermarkets/Hypermarkets
- 5.2.2.2.2. Convenience Stores
- 5.2.2.2.3. Online Channels
- 5.2.2.2.4. Others
- 5.2.3. By Region (Value)
- 5.2.3.1. North America
- 5.2.3.2. Europe
- 5.2.3.3. Asia Pacific
- 5.2.3.4. South America
- 5.2.3.5. Middle East and Africa
- 6. North America Doughnuts Market Analysis, Insights and Forecast, 2024-2032
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Base Type (Value)
- 6.2.1.1. Yeast Doughnuts
- 6.2.1.2. Cake Doughnuts
- 6.2.2. By Distribution Channel (Value)
- 6.2.2.1. Food Service Channels
- 6.2.2.2. Retail Channels
- 6.2.2.2.1. Supermarkets/Hypermarkets
- 6.2.2.2.2. Convenience Stores
- 6.2.2.2.3. Online Channels
- 6.2.2.2.4. Others
- 6.2.3. By Country
- 6.2.3.1. U.S. (By Distribution Channel)
- 6.2.3.1.1. Food Service Channels
- 6.2.3.1.2. Retail Channels
- 6.2.3.1.2.1. Supermarkets/Hypermarkets
- 6.2.3.1.2.2. Convenience Stores
- 6.2.3.1.2.3. Online Channels
- 6.2.3.1.2.4. Others
- 6.2.3.2. Canada (By Distribution Channel)
- 6.2.3.2.1. Food Service Channels
- 6.2.3.2.2. Retail Channels
- 6.2.3.2.2.1. Supermarkets/Hypermarkets
- 6.2.3.2.2.2. Convenience Stores
- 6.2.3.2.2.3. Online Channels
- 6.2.3.2.2.4. Others
- 6.2.3.3. Mexico(By Distribution Channel)
- 6.2.3.3.1. Food Service Channels
- 6.2.3.3.2. Retail Channels
- 6.2.3.3.2.1. Supermarkets/Hypermarkets
- 6.2.3.3.2.2. Convenience Stores
- 6.2.3.3.2.3. Online Channels
- 6.2.3.3.2.4. Others
- 7. Europe Doughnuts Market Analysis, Insights and Forecast, 2024-2032
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Base Type (Value)
- 7.2.1.1. Yeast Doughnuts
- 7.2.1.2. Cake Doughnuts
- 7.2.2. By Distribution Channel (Value)
- 7.2.2.1. Food Service Channels
- 7.2.2.2. Retail Channels
- 7.2.2.2.1. Supermarkets/Hypermarkets
- 7.2.2.2.2. Convenience Stores
- 7.2.2.2.3. Online Channels
- 7.2.2.2.4. Others
- 7.2.3. By Country
- 7.2.3.1. Germany (By Distribution Channel)
- 7.2.3.1.1. Food Service Channels
- 7.2.3.1.2. Retail Channels
- 7.2.3.1.2.1. Supermarkets/Hypermarkets
- 7.2.3.1.2.2. Convenience Stores
- 7.2.3.1.2.3. Online Channels
- 7.2.3.1.2.4. Others
- 7.2.3.2. France(By Distribution Channel)
- 7.2.3.2.1. Food Service Channels
- 7.2.3.2.2. Retail Channels
- 7.2.3.2.2.1. Supermarkets/Hypermarkets
- 7.2.3.2.2.2. Convenience Stores
- 7.2.3.2.2.3. Online Channels
- 7.2.3.2.2.4. Others
- 7.2.3.3. Spain (By Distribution Channel)
- 7.2.3.3.1. Food Service Channels
- 7.2.3.3.2. Retail Channels
- 7.2.3.3.2.1. Supermarkets/Hypermarkets
- 7.2.3.3.2.2. Convenience Stores
- 7.2.3.3.2.3. Online Channels
- 7.2.3.3.2.4. Others
- 7.2.3.4. Italy (By Distribution Channel)
- 7.2.3.4.1. Food Service Channels
- 7.2.3.4.2. Retail Channels
- 7.2.3.4.2.1. Supermarkets/Hypermarkets
- 7.2.3.4.2.2. Convenience Stores
- 7.2.3.4.2.3. Online Channels
- 7.2.3.4.2.4. Others
- 7.2.3.5. U.K. (By Distribution Channel)
- 7.2.3.5.1. Food Service Channels
- 7.2.3.5.2. Retail Channels
- 7.2.3.5.2.1. Supermarkets/Hypermarkets
- 7.2.3.5.2.2. Convenience Stores
- 7.2.3.5.2.3. Online Channels
- 7.2.3.5.2.4. Others
- 7.2.3.6. Rest of Europe (By Distribution Channel)
- 7.2.3.6.1. Food Service Channels
- 7.2.3.6.2. Retail Channels
- 7.2.3.6.2.1. Supermarkets/Hypermarkets
- 7.2.3.6.2.2. Convenience Stores
- 7.2.3.6.2.3. Online Channels
- 7.2.3.6.2.4. Others
- 8. Asia Pacific Doughnuts Market Analysis, Insights and Forecast, 2024-2032
- 8.1. Key Findings / Summary
- 8.1.1. By Base Type (Value)
- 8.1.1.1. Yeast Doughnuts
- 8.1.1.2. Cake Doughnuts
- 8.1.2. By Distribution Channel (Value)
- 8.1.2.1. Food Service Channels
- 8.1.2.2. Retail Channels
- 8.1.2.2.1. Supermarkets/Hypermarkets
- 8.1.2.2.2. Convenience Stores
- 8.1.2.2.3. Online Channels
- 8.1.2.2.4. Others
- 8.1.3. By Country
- 8.1.3.1. China (By Distribution Channel)
- 8.1.3.1.1. Food Service Channels
- 8.1.3.1.2. Retail Channels
- 8.1.3.1.2.1. Supermarkets/Hypermarkets
- 8.1.3.1.2.2. Convenience Stores
- 8.1.3.1.2.3. Online Channels
- 8.1.3.1.2.4. Others
- 8.1.3.2. India (By Distribution Channel)
- 8.1.3.2.1. Food Service Channels
- 8.1.3.2.2. Retail Channels
- 8.1.3.2.2.1. Supermarkets/Hypermarkets
- 8.1.3.2.2.2. Convenience Stores
- 8.1.3.2.2.3. Online Channels
- 8.1.3.2.2.4. Others
- 8.1.3.3. Japan (By Distribution Channel)
- 8.1.3.3.1. Food Service Channels
- 8.1.3.3.2. Retail Channels
- 8.1.3.3.2.1. Supermarkets/Hypermarkets
- 8.1.3.3.2.2. Convenience Stores
- 8.1.3.3.2.3. Online Channels
- 8.1.3.3.2.4. Others
- 8.1.3.4. Australia (By Distribution Channel)
- 8.1.3.4.1. Food Service Channels
- 8.1.3.4.2. Retail Channels
- 8.1.3.4.2.1. Supermarkets/Hypermarkets
- 8.1.3.4.2.2. Convenience Stores
- 8.1.3.4.2.3. Online Channels
- 8.1.3.4.2.4. Others
- 8.1.3.5. Rest of Asia Pacific (By Distribution Channel)
- 8.1.3.5.1. Food Service Channels
- 8.1.3.5.2. Retail Channels
- 8.1.3.5.2.1. Supermarkets/Hypermarkets
- 8.1.3.5.2.2. Convenience Stores
- 8.1.3.5.2.3. Online Channels
- 8.1.3.5.2.4. Others
- 9. South America Doughnuts Market Analysis, Insights and Forecast, 2024-2032
- 9.1. Key Findings / Summary
- 9.1.1. By Base Type (Value)
- 9.1.1.1. Yeast Doughnuts
- 9.1.1.2. Cake Doughnuts
- 9.1.2. By Distribution Channel (Value)
- 9.1.2.1. Food Service Channels
- 9.1.2.2. Retail Channels
- 9.1.2.2.1. Supermarkets/Hypermarkets
- 9.1.2.2.2. Convenience Stores
- 9.1.2.2.3. Online Channels
- 9.1.2.2.4. Others
- 9.1.3. By Country
- 9.1.3.1. Brazil (By Distribution Channel)
- 9.1.3.1.1. Food Service Channels
- 9.1.3.1.2. Retail Channels
- 9.1.3.1.2.1. Supermarkets/Hypermarkets
- 9.1.3.1.2.2. Convenience Stores
- 9.1.3.1.2.3. Online Channels
- 9.1.3.1.2.4. Others
- 9.1.3.2. Argentina (By Distribution Channel)
- 9.1.3.2.1. Food Service Channels
- 9.1.3.2.2. Retail Channels
- 9.1.3.2.2.1. Supermarkets/Hypermarkets
- 9.1.3.2.2.2. Convenience Stores
- 9.1.3.2.2.3. Online Channels
- 9.1.3.2.2.4. Others
- 9.1.3.3. Chile (By Distribution Channel)
- 9.1.3.3.1. Food Service Channels
- 9.1.3.3.2. Retail Channels
- 9.1.3.3.2.1. Supermarkets/Hypermarkets
- 9.1.3.3.2.2. Convenience Stores
- 9.1.3.3.2.3. Online Channels
- 9.1.3.3.2.4. Others
- 9.1.3.4. Rest of South America (By Distribution Channel)
- 9.1.3.4.1. Food Service Channels
- 9.1.3.4.2. Retail Channels
- 9.1.3.4.2.1. Supermarkets/Hypermarkets
- 9.1.3.4.2.2. Convenience Stores
- 9.1.3.4.2.3. Online Channels
- 9.1.3.4.2.4. Others
- 10. Middle East and Africa Doughnuts Market Analysis, Insights and Forecast, 2024-2032
- 10.1. Key Findings / Summary
- 10.1.1. By Base Type (Value)
- 10.1.1.1. Yeast Doughnuts
- 10.1.1.2. Cake Doughnuts
- 10.1.2. By Distribution Channel (Value)
- 10.1.2.1. Food Service Channels
- 10.1.2.2. Retail Channels
- 10.1.2.2.1. Supermarkets/Hypermarkets
- 10.1.2.2.2. Convenience Stores
- 10.1.2.2.3. Online Channels
- 10.1.2.2.4. Others
- 10.1.3. By Country
- 10.1.3.1. UAE (By Distribution Channel)
- 10.1.3.1.1. Food Service Channels
- 10.1.3.1.2. Retail Channels
- 10.1.3.1.2.1. Supermarkets/Hypermarkets
- 10.1.3.1.2.2. Convenience Stores
- 10.1.3.1.2.3. Online Channels
- 10.1.3.1.2.4. Others
- 10.1.3.2. Saudi Arabia (By Distribution Channel)
- 10.1.3.2.1. Food Service Channels
- 10.1.3.2.2. Retail Channels
- 10.1.3.2.2.1. Supermarkets/Hypermarkets
- 10.1.3.2.2.2. Convenience Stores
- 10.1.3.2.2.3. Online Channels
- 10.1.3.2.2.4. Others
- 10.1.3.3. South Africa (By Distribution Channel)
- 10.1.3.3.1. Food Service Channels
- 10.1.3.3.2. Retail Channels
- 10.1.3.3.2.1. Supermarkets/Hypermarkets
- 10.1.3.3.2.2. Convenience Stores
- 10.1.3.3.2.3. Online Channels
- 10.1.3.3.2.4. Others
- 10.1.3.4. Rest of MEA (By Distribution Channel)
- 10.1.3.4.1. Food Service Channels
- 10.1.3.4.2. Retail Channels
- 10.1.3.4.2.1. Supermarkets/Hypermarkets
- 10.1.3.4.2.2. Convenience Stores
- 10.1.3.4.2.3. Online Channels
- 10.1.3.4.2.4. Others
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Doughnuts Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2023
- 12. Company Profiles
- 12.1. Winchell’s Donut House
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Financials (Data as available in public domain and/or on paid databases)
- 12.1.4. Recent Developments
- 12.2. Krispy Kreme, Inc.
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Financials (Data as available in public domain and/or on paid databases)
- 12.2.4. Recent Developments
- 12.3. Dunkin' Donuts
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Financials (Data as available in public domain and/or on paid databases)
- 12.3.4. Recent Developments
- 12.4. Grupo Bimbo
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Financials (Data as available in public domain and/or on paid databases)
- 12.4.4. Recent Developments
- 12.5. McKee Foods Corporation
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Financials (Data as available in public domain and/or on paid databases)
- 12.5.4. Recent Developments
- 12.6. Tim Hortons
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Financials (Data as available in public domain and/or on paid databases)
- 12.6.4. Recent Developments
- 12.7. Shipley Do-Nuts
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Financials (Data as available in public domain and/or on paid databases)
- 12.7.4. Recent Developments
- 12.8. Mighty-O Donuts
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Financials (Data as available in public domain and/or on paid databases)
- 12.8.4. Recent Developments
- 12.9. Beiler's Doughnuts
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Financials (Data as available in public domain and/or on paid databases)
- 12.9.4. Recent Developments
- 12.10. Mister Donut
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Financials (Data as available in public domain and/or on paid databases)
- 12.10.4. Recent Developments
- 13. Strategic Recommendations
- 14. Appendix
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