Global Cake Market Size & Outlook, 2022-2030
Global cake market, 2018-2030 (US$M)
Related Markets
Global cake market highlights
- The global cake market generated a revenue of USD 63,916.6 million in 2022 and is expected to reach USD 80,417.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 2.9% by 2030.
- In terms of segment, dessert cakes accounted for a revenue of USD 32,329.6 million in 2022.
- Cupcakes is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 63,916.6 million |
| Market revenue in 2030 | USD 80,417.1 million |
| Growth rate | 2.9% (CAGR from 2022 to 2030) |
| Largest segment | Dessert cakes |
| Fastest growing segment | Cupcakes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cupcakes, Sponge Cakes, Dessert Cakes |
Other key industry trends
- In terms of revenue, the North America accounted for 22.2% of the global cake market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 13,245.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cake Market Scope
Cake Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bake'n Joy Foods | View profile | 51-100 | North Andover, Massachusetts, United States, North America | https://bakenjoy.com |
| Monginis | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | https://www.monginis.net |
| Balconi | View profile | 51-100 | Nerviano, Lombardia, Italy, Europe | https://www.balconidolciaria.com/# |
| McKee Foods Corporation | View profile | 5001-10000 | Collegedale, Tennessee, United States, North America | http://www.mckeefoods.com/ |
| JM Smucker Co | View profile | 5800 | One Strawberry Lane, Orrville, OH, United States, 44667-0280 | https://www.jmsmucker.com |
| Grupo Bimbo SAB de CV ADR | View profile | 148868 | Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Mexico, MEX, Mexico, 01210 | http://www.grupobimbo.com |
| Campbell Soup Company | View profile | 10001+ | Camden, New Jersey, United States, North America | http://www.campbellsoupcompany.com/ |
| Britannia Bulk Holdings Inc | View profile | 366 | Dexter House, 2 Royal Mint Court, London, United Kingdom, EC3N 4QN | - |
Global cake 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 cake market will help companies and investors design strategic landscapes.
Dessert cakes was the largest segment with a revenue share of 50.58% in 2022. Horizon Databook has segmented the Global cake market based on cupcakes, sponge cakes, dessert cakes covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cake Product Outlook (Revenue, USD Million, 2018-2030)
- Cupcakes
- Sponge Cakes
- Dessert Cakes
- Others
- Global Cake Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Foodservice
- Retail
- Hypermarkets & Supermarkets
- Specialty Stores
- Online
- Others
Reasons to subscribe to Global cake market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global cake market databook
-
Our clientele includes a mix of cake market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cake market , including forecasts for subscribers. This global databook contains high-level insights into Global cake market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cake market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cake market size, 2022 (US$M)
Global cake market share, by product, 2022 & 2030 (%, US$M)
Cake market: Opportunity assessment by country
Global cake market, by region, 2022 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
