Global Cake Model Market PDF

GLOBAL Cake Model Market
The global Cake Model market is anticipated to grow at 3.50% CAGR from 2016 to 2021 and
it is estimated that the global market was valued at USD 63.21 billion in 2016 and is
expected to reach USD 75.07 billion by 2021.
Cake Mix is defined as dried pre-mixes used for baking cakes. Cake mix can be prepared
using eggs or egg replacers. They are generally categorized into 3 types which include
complete mix, dough base and dough concentrates. Cake premixes provide convenience
usage to consumers, foodservice operations, and industrial-scale bakeries. Cake mix saves
preparation time. They reduce the hassle of selecting the ingredients. Growing use of cake
mix to speed up the whole baking process will further aid the market growth
Increase in urbanization and changing consumer preferences drive the growth of this
market. The rise of in-store bakeries is another major driver of this market. Health issues in
line with the growing concern for obesity and related diseases and regulatory constraints
pertaining to product labeling pose a threat to this market. The increase in home baking
further reduces the demand for packaged cakes. The increase in online sales and demand
for product innovation would further help in market growth in the future. Cake pops, a type
of snack, is gaining popularity and is available in grocery stores.
The global Cake Model market is segmented on the basis of Type, Mixing Methods, Sales,
and Distribution Channel. On the basis of Type, it is segmented into Decorated Cake, Cup
Cake, Dessert Cake, Pound Cake, Cheese Cake, Ice Cream Cake, Snack Cake, Wedding Cake
and Others. On the basis of Mixing, it is segmented into Shortened Cakes, Layer Cakes
Pound cake, Foam and Sponge Cakes, Low-Flour Cakes, Angel Food Cake, Biscuit, and
Chiffon Cake. On the basis of Sales, it is segmented into Packaged Cakes, Artisanal, and In-
Store Bakeries. On the basis of Distribution Channel, it is segmented into online sales,
Supermarkets/ Hypermarkets, Convenience Stores and Others.
Based on geography, the market is segmented into Europe, North America, Asia Pacific,
Latin America and Middle East and Africa. Europe dominated the market with the major
share in terms of revenue. The reason for this is the presence of many established artisanal
baked goods makers. North America accounted for the second largest share. Americans
spent a large amount on cakes and other sweet baked goods annually thereby driving the
demand for cake related products. Be that as it may, the demand for industrial cakes is
expected to grow in the Asia-Pacific region due to the larger consumer base and changing
food habits pertaining to bakery foods. In India, the cake market is seeing an exponential
growth due to the increase in urbanization.
Some of the key players dominating the market are American Baking Company, Aryzta,
BreadTalk, Britannia, Edwards Cake & Candy Supplies, Flower Foods, George Weston,
Groupo Bimbo, Hillshire Brands, Hostess Brands, McKee Foods, Monginis, Mulino bianco,
Pepperidge Farm, Tyson Food, Yamazaki Baking.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
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