Germany Cake Market Size & Outlook, 2022-2030
Germany cake market, 2018-2030 (US$M)
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Germany cake market highlights
- The Germany cake market generated a revenue of USD 3,392.0 million in 2022 and is expected to reach USD 4,373.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.2% 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 3,392.0 million |
| Market revenue in 2030 | USD 4,373.8 million |
| Growth rate | 3.2% (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, Germany accounted for 5.3% 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 Europe, Germany cake market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 4,373.8 million by 2030.
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Cake Market Scope
Cake Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 49.24% in 2022. Horizon Databook has segmented the Germany cake market based on cupcakes, sponge cakes, dessert cakes covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is home to a vast network of bakeries and cafés known as Konditoreien, which serve as havens for cake lovers. These establishments offer an array of freshly baked cakes, making them popular destinations for locals and tourists.
The availability of various flavors, textures, and presentations, catering to diverse taste preferences, has shaped the demand for cake in Germany. Black Forest Cake has attained vast popularity.
Moreover, the traditional German custom of "Coffee and Kuchen" is a social ritual where friends and family gather to relish cake, coffee, and conversation. German bakeries primarily offer sheet cakes, which have gained widespread acceptance among German households.
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Target buyers of Germany 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 country-level data and insights on the Germany cake market , including forecasts for subscribers. This country databook contains high-level insights into Germany cake market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany cake market size, by product, 2018-2030 (US$M)
Germany Cake Market Outlook Share, 2022 & 2030 (US$M)
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