Japan Bake Stable Pastry Fillings Market Size & Outlook
Japan bake stable pastry fillings market, 2018-2028 (US$M)
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Japan bake stable pastry fillings market highlights
- The Japan bake stable pastry fillings market generated a revenue of USD 33.4 million in 2020 and is expected to reach USD 56.6 million by 2028.
- The Japan market is expected to grow at a CAGR of 6.8% from 2021 to 2028.
- In terms of segment, fruits was the largest revenue generating product in 2020.
- Nuts is the most lucrative product segment registering the fastest growth during the forecast period.
Bake stable pastry fillings market data book summary
| Market revenue in 2020 | USD 33.4 million |
| Market revenue in 2028 | USD 56.6 million |
| Growth rate | 6.8% (CAGR from 2020 to 2028) |
| Largest segment | Fruits |
| Fastest growing segment | Nuts |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chocolate, Fruits, Nuts |
| Key market players worldwide | Dr.Oetker, Avebe, Dawn Food Products, Herbstreith & Fox, Puratos, Andros Foods North America, Famesa, Malas Fruit |
Other key industry trends
- In terms of revenue, Japan accounted for 3.3% of the global bake stable pastry fillings market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China bake stable pastry fillings market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 29.1 million by 2028.
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Bake Stable Pastry Fillings Market Scope
Bake Stable Pastry Fillings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan bake stable pastry fillings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bake stable pastry fillings market will help companies and investors design strategic landscapes.
Fruits was the largest segment with a revenue share of 53.89% in 2020. Horizon Databook has segmented the Japan bake stable pastry fillings market based on chocolate, fruits, nuts covering the revenue growth of each sub-segment from 2018 to 2028.
According to an article published by the USDA, the consumption of bakery products has increased extensively in Japan, with a per capita consumption of 22.5 kilograms per year. Furthermore, bakery stores and café establishments in the country have been on a rise over the past few years, owing to the high consumption of baked goods.
Based on a study published by TOKYOESQUE in 2020, more than 10,000 independent bakeries have been established in Japan as of 2020. This growing presence of independent bakery stores is anticipated to fuel the demand for various baked goods, which, in turn, will drive the demand for bake stable pastry fillings.
The study also revealed that constantly increasing levels of consumer health-consciousness and higher interest in facets of nutrition are positively impacting the demand for healthy bakery products in Japan.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan bake stable pastry fillings market, including forecasts for subscribers. This country databook contains high-level insights into Japan bake stable pastry fillings market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Japan bake stable pastry fillings market size, by product, 2018-2028 (US$M)
Japan Bake Stable Pastry Fillings Market Share, 2020 & 2028 (US$M)
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