Cake Mixes Market Size Report, Industry Share, Analysis, Growth, 2030

Cake Mixes Industry Perspective:    

The global cake mixes market size was evaluated at $1.13 billion in 2018 and is slated to hit $1.54 billion by 2026, with a CAGR of nearly 3.9% between 2019 and 2026.

The report covers a forecast and an analysis of the cake mixes market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Billion). The study includes drivers and restraints of the cake mix market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cake mixes market on a global level.

In order to give the users a comprehensive view of the cake mixes market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

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The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

Cake Mixes Market: Growth Factors

The cake mixes market on a global scale is poised to experience substantial growth in the foreseeable future. This can be attributed to two key factors: the increasing disposable income of individuals worldwide and the convenience associated with the preparation of these mixes. In addition, the ever-growing trend of urbanization is playing a significant role in shaping the dietary preferences of individuals, thereby driving the demand for cake mixes.

Nevertheless, extensive research has unequivocally demonstrated that the inclusion of salt preservatives in cake mixes can have detrimental implications for individuals' well-being. This noteworthy revelation poses a potential obstacle to the growth and sustainability of this particular market segment. The emergence of gluten-free and low-calorie cake mixes has paved the way for exciting prospects within the market. These innovative products are poised to unlock fresh avenues of growth and create a buzz among consumers seeking healthier alternatives.

Cake Mixes Market: Report Scope

Cake Mixes Market: Segmentation

The study provides a decisive view of the cake mixes market by segmenting it based on product, flavor, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Cake Mixes Market: Competitive Space

Some key players operating in the cake mixes market are 

• General Mills
• Associated British Foods
• Archer-Daniels-Midland
• Pinnacle Foods
• Cargill
• Ingredion Incorporated
• Hain Celestial
• Kerry Group
• Continental Mills
• Chelsea Milling.

This report segments the global cake mixes market into:

Global Cake Mixes Market: Product Analysis

• Angel Food Cake
• Layer Cake
• Flourless or Low-Flour Cakes
• Chiffon Cake
• Cupcake
• Cheesecake
• Pound Cake
• Tortes
• Unbaked Cake
• Others

Global Cake Mixes Market: Flavor Analysis

• Chocolate
• Vanilla
• Butter
• Milk
• Fruit
• Red Velvet
• Berries
• Butterscotch
• Others

Global Cake Mixes Market: Distribution Channel Analysis

• Hypermarkets/Supermarkets
• B2B
• E-Commerce
• Specialty Retail
• Others

Global Cake Mixes Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa