NEW YORK, March 22, 2021 /PRNewswire/ -- The doughnuts market is expected to grow by USD 5.69 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the doughnuts market in US in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
The doughnuts market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth increased in 2020 as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
Download the Post-Pandemic Business Planning Structure
Key Considerations for Market Forecast:
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Major Three Doughnuts Market Participants:
Daylight Donut Flour Co. LLC
Daylight Donut Flour Co. LLC operates its business through the Unified segment. Key products offered by the company include raised donuts and cake donuts.
Doughnut Time Ltd.
Doughnut Time Ltd. operates its business through the Unified segment. Key products offered by the company include Bueno Mars and Bellatwix Lestrange.
Focus Brands LLC
Focus Brands LLC operates its business through the Unified segment. The company offers doughnuts under the brand Cinnabon.
Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/doughnuts-market-industry-analysis
Doughnuts Market 2020-2024: Segmentation
Doughnuts market is segmented as below:
The doughnuts market is driven by growing number of stores and retail outlets. In addition, other factors such as an increase in snacking and indulgence consumption are expected to trigger the doughnuts market toward witnessing a CAGR of almost 4% during the forecast period.
Get more insights about the global trends impacting the future of doughnuts market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44281
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report: www.technavio.com/report/doughnuts-market-industry-analysis
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