Cake Mix Market– Overview:
Cake mixes are gaining significant demand from the consumer end due to the convenience offered by the products. Market reports related to the food, beverage and nutrition industry have been presented by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is anticipated to display brilliant CAGR growth in the forecast period.
The European Cake Mix Market is a dynamic and evolving segment of the baking industry, characterized by consumers' increasing demand for convenience and premium quality products. Cake mixes offer an easy and efficient way for home bakers to create delicious cakes with consistent results, making them popular among consumers with busy lifestyles or limited baking experience. Additionally, the market reflects Europe's diverse culinary traditions, with a wide range of flavors, ingredients, and recipes available to suit different tastes and preferences. Manufacturers in the region focus on innovation and product development to meet evolving consumer demands, incorporating trends such as organic, gluten-free, and sustainable ingredients into their cake mix offerings.
Cake Mix Market Size was valued at USD 1.2 Billion in 2022. The cake mix market industry is projected to grow from USD 1.24 Billion in 2023 to USD 1.683 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.83% during the forecast period (2023 - 2032).
The rising popularity of convenience products such as cake mixes has increased with the rise in the urban lifestyle trend. The easy availability of ingredients in the right proportions is a major factor increasing the market’s progress. The relatively longer combined shelf life of the ingredients in cake mixes as opposed to the same ingredients in their entirety is also tipping the scales in favor of the escalating demand for cake mixes especially in urban areas.
Segmentations:
The segmentation of the cake mix market is carried out on the basis of cake type, flavour, specialty diet and region. On the basis of cake type, the market comprises of Layer Cake, Flourless Chocolate Cake, Shortened Cake, Pound Cake, Flourless or Low-Flour Cake, Foam and Sponge Cakes, Unbaked Cake, Tortes, Yeast Cakes, Cup Cakes and Others. On the basis of flavour, the cake mix market comprises of chocolate, vanilla, strawberry, red velvet, caramel, butter scotch, fruits, lemon, and others. On the basis of specialty diet, the market comprises of Low-Sodium, Low-Fat, Fat-Free, Cholesterol-Free, Sugar-Free, Gluten-Free and Others. The regions that are studied in the cake mix market are Europe, North America, Asia Pacific, and rest of the world (ROW).
Competitive Landscape:
The framework for growth plans also has inspired the market for potential new entrants. The market competitors are making considerable adjustments to minimalize the incidence of competitive disadvantage. The leadership trends in the market are reinforcing the level of growth that can be realized in the present market scenario. The market is also well equipped to meet the challenges and keep up with the dynamic growth trends effectively. The alterations seen in terms of strategy execution and creation are modifying the development pace of the market. The plan formulation process in the market has become meaningfully easier in which deviations are well accounted for; this approach surges the overall success of these plans in the market. The evolution patterns are revised in tandem to the customer likings to realize abundant growth, and in the long run, viability.
The important competitors Key Cake Mix Industry Players are Pillsbury (U.S.), ArrowheadMills (U.S.), Krusteaz (U.S.), The French Cake Company (France), Italdecor (Italy), Sudem Cake Mix and Products A.S. (Turkey), RMIX Alimentos SaudáveisLtda (Brazil), Pinnacle Foods Inc (U.S.), Ghirardelli Chocolate Company (U.S.).
Industry Updates:
Jan 2018 CSM Bakery Solutions has revamped its range of Craigmillar Cake Mixes. The refreshed line-up includes Chocolate Crème Cake Mix, Chocolate Cake Mix, Farmhouse Cake Mix, Complete Sponge Mix, Plain Crème Cake Mix, Madeira Cake Mix, and Rich Celebration Cake Mix. The move the need to be updated with market trends and product demands is the main reason behind the change. The new sponge mixes have increased volume and size and are self-levelling.
Aug 2018 Dawn Foods has launched a range of American Style Layer Cake Mixes which is available in three flavours. The new mixes facilitate bakers to make American style layer cakes in Chocolate, White and Vanilla flavours. The Vanilla and Chocolate varieties combine natural flavours with a formula that delivers even layers and volume.
Related Reports:
Cider Market Research Report: Information By Product (Sparkling Cider, Still and Apple Wine), By Source (Apple, Fruit Flavoured, Perry, and Others), And By Region (North America, Europe, Asia-Pacific, And The Rest Of The World) –Market Forecast Till 2032
Informationen zum Betain-Marktforschungsbericht nach Kategorie (natürlich und synthetisch), Typ (Cocamidopropylbetain, wasserfreies Betain und andere), Anwendung (Körperpflege, Tierfutter, Lebensmittel und Getränke und andere) und Region (Nordamerika, Europa, Asien-Pazifik und Rest der Welt) - Prognose bis 2027
有機穀物市場調査レポート：ソース別（小麦、大麦、オート麦、ブレンドなど）、カテゴリ（従来の有機シリアルおよびグルテンフリー有機シリアル）、流通チャネル（店舗ベース [スーパーマーケット＆ハイパーマーケット、コンビニエンスストアなど] および非店舗ベース）、および地域（北米、ヨーロッパ、アジア太平洋、その他の地域）-2027年までの予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
