Cake And Pastries Global Market Report 2023

Cake And Pastries Market Segments

The Business Research Company segments it’s Cake And Pastries market report as:

By Type

By Distribution

Channel

By Application

Cakes, Frozen Cakes And Pastries, Pastries, Sweet Pies

Super Markets And Hyper Markets, Convenience Stores, Online Retail, Bakeries, Other Distribution Channels

Food Service, Retail, Other Applications

Market Statistics

The global cake and pastries market size is expected to grow from $85.26 billion in 2022 to $92.44 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The global cake and pastries market size is expected to reach $122.68 billion in 2027 at a CAGR of 7.3%.

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Global Cake And Pastries Market Size Forecast To 2032

Key Market Drivers And Trends

Drivers

The rising demand for ready-to-eat (RTE) and packaged foods is expected to propel the growth of the cake and pastries market.

Trends

Product innovation is the key trend gaining popularity in the cakes and pastries market.

Region

North America was the largest region in the cake and pastries market in 2022. The regions covered in the global cake and pastries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Market Players

Major players in the cake and pastries market are:

 Finsbury Food Group Plc

 Flowers Foods

 Grupo Bimbo  S.A.B. de C.V

 Hostess Brands

 And more.

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