Global Cakes and Pastries Market Growth 2023-2029

Global Cakes and Pastries Market Growth 2023-2029

The bakery industry has expanded from simple baked goods to a multitude of products across various categories, including healthy, organic offerings.

LPI (LP Information)' newest research report, the “Cakes and Pastries Industry Forecast” looks at past sales and reviews total world Cakes and Pastries sales in 2022, providing a comprehensive analysis by region and market sector of projected Cakes and Pastries sales for 2023 through 2029. With Cakes and Pastries sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cakes and Pastries industry.

This Insight Report provides a comprehensive analysis of the global Cakes and Pastries landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cakes and Pastries portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cakes and Pastries market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cakes and Pastries and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cakes and Pastries.

The global Cakes and Pastries market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The increasing innovation in product offerings is expected to contribute to the market growth during the forecast period. For example, in 2015, Bimbo Bakeries launched a Minions-themed cake range in Iberia produced under license from Universal Pictures and Illumination Entertainment. Also, a new type of cake-based snack called cake pops is gaining in popularity and is available in grocery stores and coffee shops. These are bite-sized cakes styled as lollipops and come in a range of designs. With more people interested in experimenting with food, the cakes and pastries market has seen many innovations, particularly in flavors and toppings. Thus, the growing popularity of customizable cakes and pastries to drive this market’s growth during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Cakes and Pastries market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Artisanal
In-Store Bakeries

Segmentation by application
Online Retail
Offline Retail

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Finsbury
Flowers Foods
Grupo Bimbo
Hostess Brands
McKee Foods
Yamazaki Baking

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cakes and Pastries market?

What factors are driving Cakes and Pastries market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cakes and Pastries market opportunities vary by end market size?

How does Cakes and Pastries break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.