Global Muffins Market Size & Outlook, 2024-2030
The muffins industry worldwide is expected to reach a projected revenue of US$ 13,658.4 million by 2030. A compound annual growth rate of 4.3% is expected of the worldwide muffins industry from 2025 to 2030.
Revenue, 2024 (US$M)
$10,627.1
Forecast, 2030 (US$M)
$13,658.4
CAGR, 2025 - 2030
4.3%
Report Coverage
Worldwide
Global muffins market, 2018-2030 (US$M)
Global muffins market highlights
- The global muffins market generated a revenue of USD 10,627.1 million in 2024 and is expected to reach USD 13,658.4 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4.3% by 2030.
- In terms of segment, packaged accounted for a revenue of USD 7,292.9 million in 2024.
- In-Store is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, South Korea is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 10,627.1 million |
| Market revenue in 2030 | USD 13,658.4 million |
| Growth rate | 4.3% (CAGR from 2025 to 2030) |
| Largest segment | Packaged |
| Fastest growing segment | In-Store |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Packaged, In-Store |
Other key industry trends
- In terms of revenue, the North America accounted for 27.4% of the global muffins market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 20.2 million by 2030.
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Muffins Market Scope
Muffins market segmentation & scope
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
UAE
Muffins Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global muffins market size, by regions, 2018-2030 (US$M)
Top 10 countries: Muffins market size, 2024 (US$M)
Global muffins market share, by type, 2024 & 2030 (%, US$M)
Muffins market: Opportunity assessment by country
Global muffins market, by region, 2024 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,678.8 | 2,768.0 | 2,453.3 | 2,613.5 | 2,708.9 | 2,805.9 | 2,908.6 | 3,017.4 | 3,133.0 | 3,255.7 | 3,386.2 | 3,524.9 | 3,672.7 | 4.0% |
| Europe | 3,109.3 | 3,237.8 | 2,892.1 | 3,104.9 | 3,243.2 | 3,385.5 | 3,536.3 | 3,696.9 | 3,867.9 | 4,050.3 | 4,245.0 | 4,452.9 | 4,675.3 | 4.8% |
| Asia Pacific | 1,854.5 | 1,942.6 | 1,745.2 | 1,884.3 | 1,979.2 | 2,078.1 | 2,182.0 | 2,293.0 | 2,411.6 | 2,538.4 | 2,674.3 | 2,819.9 | 2,976.2 | 5.4% |
| Latin America | 786.7 | 805.0 | 706.5 | 745.1 | 764.5 | 787.1 | 805.4 | 824.8 | 845.4 | 867.2 | 890.4 | 915.0 | 962.9 | 3.1% |
| MEA | 1,189.6 | 1,214.4 | 1,063.1 | 1,118.3 | 1,144.3 | 1,165.3 | 1,194.8 | 1,225.3 | 1,256.8 | 1,289.3 | 1,322.9 | 1,357.5 | 1,371.3 | 2.3% |
| Overall | 9,618.9 | 9,967.8 | 8,860.2 | 9,466.1 | 9,840.0 | 10,221.9 | 10,627.1 | 11,057.4 | 11,514.6 | 12,000.9 | 12,518.6 | 13,070.2 | 13,658.4 | 4.3% |
Related regional statistics
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