Europe Cake Market Size & Outlook, 2022-2030
Europe cake market, 2018-2030 (US$M)
Related Markets
Europe cake market highlights
- The Europe cake market generated a revenue of USD 19,539.3 million in 2022.
- The market is expected to grow at a CAGR of 2.4% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 19,539.3 million |
| Market revenue in 2030 | USD 23,578.3 million |
| Growth rate | 2.4% (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 |
| 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, Europe region accounted for 30.6% of the global cake market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 31,788.9 million by 2030.
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Cake Market Scope
Cake Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 48.69% in 2022. Horizon Databook has segmented the Europe cake market based on cupcakes, sponge cakes, dessert cakes covering the revenue growth of each sub-segment from 2018 to 2030.
The cultural appeal of British cakes is a major factor driving its popularity throughout Europe. Cakes often evoke feelings of tradition, nostalgia, and warmth, making them a popular dessert for various events. The cultural significance of gathering with family and friends during occasions and celebrations is essential in driving this trend across Europe.
There has been a notable surge in search queries for sweet baked treats such as tiramisu, creamy cheesecake, and carrot cake across European countries, particularly in France, Belgium, and Italy. The increased interest in these delicious desserts presents key opportunities for the European cake market.
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Target buyers of Europe 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 continent-level data and insights on the Europe cake market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cake market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe cake market size, by country, 2018-2030 (US$M)
Europe Cake Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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