Global Cake Mix Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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MarketResearch.biz delivers in-depth insights on the global cake mix market in its upcoming report titled, “Global Cake Mix Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global cake mix market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global cake mix market report has been segmented on the basis of product type, flavor, distribution channel, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Cake mix is a type of ready-to-bake food type, that contains flour, sugar, flavor pouch and baking powder. To bake a cake mix, it needs to be blended with eggs, milk and water as per the instructions. This process is easy and convenient. Cake mix are available in different types and flavors in the market. Baking cake using cake mix is less time consuming and can be made by inexperienced cooks as well.
Increasing preference for ready-to-bake products and convenience food ingredients among individuals are major factors driving growth of the global market. Cake mix are available in gluten free, sugar free making them popular among health conscious consumers. In addition, introduction of low fat and sugar free cake mix by manufacturers is another factor fueling growth of the target market. Introduction of organic cake and low calorie cake, cake mix without any harmful chemicals are making people more inclined towards cake mix.
However, cake mix is a type of convenient food which contains sugar, salt and saturated fat. Regular consumption of these type of food can have negative impact on health. This factor can hamper growth of the global cake mix market.
Development of nutritional cake mixes coupled with different types of flavors in sugar free and organic cakes can create high revenue opportunities for target players in the market.
The market in North America accounts for largest market share in terms of revenue and is expected to maintain its dominancy over the forecast period, owing to, owing to increasing popularity of gluten free and sugar free cakes in the region. The market in Europe is expected to account for second-highest share in the market in terms of revenue in the near future.
Global Cake Mix Market Segmentation:
Segmentation by product type:
- Angel Food Cake
- Layer Cake
- Flourless or Low-Flour Cake
- Chiffon Cake
- Cup Cake
- Cheese Cake
- Pound Cake
- Tortes Cake
- Unbaked Cake
Segmentation by flavor:
- Red Velvet
- Butter Scotch
Segmentation by distribution Channel:
- Supermarkets & hypermarkets
- Departmental Grocery Stores & Convenience Stores
- Retail Stores
- Online Stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- The Pillsbury Company, LLC
- General Mills, Inc.
- Pinnacle Foods Inc.
- Arrowhead Mills, Inc.
- Archer-Daniels-Midland Company
- The French Cake Company
- Chelsea Milling Company
- Koninklijke DSM N.V.
- Associated British Foods Limited
- Kerry Group plc
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