Global Cakes and Pastries Market Research and Upcoming Forecast Report
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Report Description and Highlights Report Description Cakes and Pastries Market Outlook 2026:
According to the latest report by IMARC Group, titled “Cakes and Pastries Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global cakes and pastries market reached a value of US$ 124.8 Billion in 2020. Cakes and pastries are baked desserts that are widely consumed by all age groups across the globe. These can be prepared at homes, bakeries, and other food joints, including cafes and restaurants. Cakes and pastries are generally available in a range of shapes, tastes and flavors. With a limited shelf-life, both the desserts share somewhat similar appearance but vary in other aspects, such as production procedures and ingredients. A cake is a sweet dessert containing essential ingredients, such as sugar, butter, baking soda, eggs, flour, oil or butter and baking powder. Some of the most popular flavors of cakes are chocolate, vanilla and strawberry. On the other hand, pastries are generally available in smaller sizes and relatively fewer flavors as compared to cakes. The primary ingredients in pastries include butter, water and flour, and they can be both sweet and savory in taste. Short-crust, rough-puff, puff, filo and flaky are some of the common types of pastries available in the market. Request for a PDF sample of this report: https:// www.imarcgroup.com/cakes-pastries-market/requestsample
Report Description and Highlights
Report Description
Global Cakes and Pastries Market Trends:
The bourgeoning demand for cakes and pastries can be attributed to rapid urbanization and increasing disposable incomes, which has led to a higher purchasing power of consumers. Furthermore, the increasing inclination of consumers, especially the young demographic, toward trying new flavors of cakes and pastries is providing a thrust to the market. This has prompted market players across the globe to introduce innovative flavors, such as fruit and nut, coffee, caramel, and cookies and cream. Rising health-consciousness is also acting as another major growth-inducing factor and has led to the incorporation of healthier ingredients, along with the introduction of gluten-free and organic product variants in the market. Moreover, the baked goods sector has significantly evolved in the recent years owing to various technological advancements and the incorporation of novel manufacturing techniques. Along with this, the growing popularity of western-style bakeries in developing nations, such as India and China, is further presenting manufacturers with numerous growth opportunities. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.5% during 2021-2026.
Report Description and Highlights
Report Description Key Market Segmentation: Breakup by Product:
•Artisanal Bakery Products •In-store Bakery Products
Breakup by Type:
•Cakes •Frozen Cakes & Pastries •Pastries •Sweet Pies
Breakup by Sector: •Food Service •Retail
Report Description and Highlights
Report Description
Breakup by Distribution Channel: •Convenience Stores •Supermarkets and Hypermarkets •Specialist Retailers •Artisanal Bakeries •Online Retailers •Others
Breakup by Region:
•North America •Asia Pacific •Europe •Latin America •Middle East and Africa Note: We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc
Report Description and Highlights
Report Description Competitive Landscape:
•Finsbury, Flowers Foods •Grupo Bimbo •American Baking Company •Britannia •Euro Cakes •Hostess Brands •McKee Foods •Yamazaki Baking •Aryzta •Mulino bianco •Edeka •Edwards Cake & Candy Supplies •BreadTalk Group Limited View Report TOC, Figures and Tables: https://www.imarcgroup.com/cakes-pastries-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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