Brazil Cake Market Size & Outlook, 2022-2030
Brazil cake market, 2018-2030 (US$M)
Related Markets
Brazil cake market highlights
- The Brazil cake market generated a revenue of USD 1,979.8 million in 2022 and is expected to reach USD 2,474.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.8% from 2023 to 2030.
- In terms of segment, dessert cakes was the largest revenue generating product in 2022.
- Cupcakes is the most lucrative product segment registering the fastest growth during the forecast period.
Cake market data book summary
| Market revenue in 2022 | USD 1,979.8 million |
| Market revenue in 2030 | USD 2,474.9 million |
| Growth rate | 2.8% (CAGR from 2022 to 2030) |
| Largest segment | Dessert cakes |
| Fastest growing segment | Cupcakes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cupcakes, Sponge Cakes, Dessert Cakes |
| Key market players worldwide | Campbell Soup Company, Grupo Bimbo SAB de CV ADR, Britannia Bulk Holdings Inc, JM Smucker Co, McKee Foods Corporation, Balconi, Monginis, Bake'n Joy Foods |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.1% of the global cake market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cake market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,474.9 million by 2030.
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Cake Market Scope
Cake Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 52.05% in 2022. Horizon Databook has segmented the Brazil cake market based on cupcakes, sponge cakes, dessert cakes covering the revenue growth of each sub-segment from 2018 to 2030.
Brazilians have a strong affinity for sweet treats, including cakes. Traditional Brazilian cakes have gained widespread consumption among the locals as they are made of local ingredients, such as fruits, nuts, and regional flavors, contributing to a unique and vibrant cake culture.
These establishments offer various cakes, from classic favorites to innovative and contemporary designs. For example, Cornmeal cake with cheese is a Brazilian treat that has gained widespread popularity, particularly during breakfast.
Bolos, or morning cakes, are a part of Brazilian tradition, sharing similarities with American cornbread. The cornmeal in this cake imparts a buttery and milky flavor, best paired with a cup of coffee.
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Target buyers of Brazil cake market databook
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Our clientele includes a mix of cake market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cake market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cake market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cake market size, by product, 2018-2030 (US$M)
Brazil Cake Market Outlook Share, 2022 & 2030 (US$M)
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