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Cakes, Pastries And Sweet Pies (Bakery And Cereals) Market By Category, Distribution Channel, And Geography - Growth, Trends, And Forecast Report 2022 to 2027

Published: March, 2023
ID: 4765
Pages: 175
Formats: report pdf report excel report power bi report ppt

Cakes, Pastries And Sweet Pies (Bakery And Cereals) Market:

Cakes, Pastries and Sweet Pies (Bakery and Cereals) Market was worth USD XX million in 2019 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2026.

Cakes, Pastries and Sweet Pies (Bakery and Cereals) market is driven by the rising demand, increase in urbanization leading to higher availability of bakeries. However, health concerns are a major factor restraining market growth. Therefore, to attract the health conscious populace, the vendors introduced healthier varieties with lesser fat content. Also, the rapid growth in home baking also acts as a restraint on market growth as it reduces the demand for packaged Cakes, Pastries and Sweet Pies (Bakery and Cereals).

Pastries are small buns made using whipped cream — a stiff dough enriched with fat. Some dishes, such as pies, are made of a pastry casing that covers or completely contains a filling of various sweet or savory ingredients. A cake is made with flour & often is made with more than one layer and it rises. And it has icing on it. A pie is a baked dish which is usually made of a pastry dough casing that covers or completely contains a filling of various sweet or savoury ingredients. Pies are defined by their crusts.

Cakes, Pastries, And Sweet Pies (Bakery And Cereals) Market Segmentation:

The Global Cakes, Pastries and Sweet Pies (Bakery and Cereals) market is segmented on the basis of category and distribution channels. On the basis of category, the market is segmented into cakes, pastries and sweet pies. On the basis of distribution channel, the market is distributed among bakeries, supermarkets/hypermarkets, convenience stores and others.

The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, Europe led the global Cakes, Pastries and Sweet Pies (Bakery and Cereals) market in terms of market share. The market share in North America has dwindled owing to the rising incidence of obesity in the region coupled with increasing consumer health awareness. The market for these Cakes, Pastries and Sweet Pies (Bakery and Cereals) in Asia-Pacific area is amplifying because more of consumption. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the Cakes, Pastries and Sweet Pies (Bakery and Cereals) market in the following years when compared with the seasoned markets of developed regions.

Leading key Companies covered in this market report are:

The major players operating in the Global Cakes, Pastries and Sweet Pies industry include Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food and Lawrence Foods.

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