Cakes, Pastries, and Sweet Pies Market to Record a CAGR of 3.93%, Growing Millennial Population to Boost Growth - Technavio

NEW YORK, Oct. 4, 2022 /PRNewswire/ -- One of the key drivers in the cakes, pastries, and sweet pies market is the growing millennial population. Millennials are more inclined toward convenience foods, which is driving the growth of the growth. Consumers prefer healthy, natural, and personalized products without compromising on taste, health, or ingredients. Hence, manufacturers and retailers should target such consumers. These factors are expected to drive the growth of the market during the forecast period.

The cakes, pastries, and sweet pies market size is expected to grow by USD 34.94 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 3.93% during the forecast period, according to Technavio.

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The cakes, pastries, and sweet pies market report covers the following areas:

• Cakes, Pastries, and Sweet Pies Market size
• Cakes, Pastries, and Sweet Pies Market trends
• Cakes, Pastries, and Sweet Pies Market industry analysis

We provide a detailed analysis of around 25 vendors operating in the cakes, pastries, and sweet pies market, including American Baking Co., Aryzta AG, Barilla, BreadTalk Group Pte Ltd., Britannia Industries Ltd., Campbell Soup Co, Corporativo Bimbo SA de CV, Dan Cake AS, Edeka Zentrale Stiftung and Co. KG, Euro Patisserie, Finsbury Food Group Plc, Flowers Foods Inc., General Mills Inc., Hostess Brands Inc., McKee Foods, Premier Foods Plc, WW International Inc., Yamazaki Baking Co. Ltd., and Yildiz Holding AS.

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• Product 
• Cakes: The cakes segment will be the largest contributor to market growth during the forecast period. The popularity of cakes with high fiber, low calories, and low fat, as well as those that are sugar-free, gluten-free, or contain lots of seeds and fruits, is increasing. Such innovations are expected to drive the growth of the market during the forecast period.
• Pastries
• Sweet Pies
• Geography 
• APAC: APAC will account for 35% of the market's growth during the forecast period. The growth of this region is attributed to factors such as the increasing number of western-style restaurants serving baked sweets, including cakes, pastries, and sweet pies. Moreover, market growth in this region will be faster than the growth of the market other in regions. China and Japan are the key countries for the cakes, pastries, and sweet pies market in APAC.
• Europe
• North America
• South America
• Middle East and Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist cakes, pastries, and sweet pies market growth during the next five years
• Estimation of the cakes, pastries, and sweet pies market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the cakes, pastries, and sweet pies market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of cakes, pastries, and sweet pies market vendors

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product Type

• 5.1 Market segments
• Exhibit 24: Chart on Product Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product Type - Market share 2021-2026 (%)

• 5.2 Comparison by Product Type
• Exhibit 26: Chart on Comparison by Product Type
• Exhibit 27: Data Table on Comparison by Product Type

• 5.3 Cakes - Market size and forecast 2021-2026
• Exhibit 28: Chart on Cakes - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Cakes - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Cakes - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Cakes - Year-over-year growth 2021-2026 (%)

• 5.4 Pastries - Market size and forecast 2021-2026
• Exhibit 32: Chart on Pastries - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Pastries - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Pastries - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Pastries - Year-over-year growth 2021-2026 (%)

• 5.5 Sweet Pies - Market size and forecast 2021-2026
• Exhibit 36: Chart on Sweet Pies - Market size and forecast 2021-2026 ($ billion)
• Exhibit 37: Data Table on Sweet Pies - Market size and forecast 2021-2026 ($ billion)
• Exhibit 38: Chart on Sweet Pies - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Sweet Pies - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Product Type
• Exhibit 40: Market opportunity by Product Type ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Britannia Industries Ltd.
• Exhibit 93: Britannia Industries Ltd. - Overview
• Exhibit 94: Britannia Industries Ltd. - Product / Service
• Exhibit 95: Britannia Industries Ltd. - Key offerings

• 10.4 Campbell Soup Co
• Exhibit 96: Campbell Soup Co - Overview
• Exhibit 97: Campbell Soup Co - Business segments
• Exhibit 98: Campbell Soup Co - Key offerings
• Exhibit 99: Campbell Soup Co - Segment focus

• 10.5 Corporativo Bimbo SA de CV
• Exhibit 100: Corporativo Bimbo SA de CV - Overview
• Exhibit 101: Corporativo Bimbo SA de CV - Business segments
• Exhibit 102: Corporativo Bimbo SA de CV - Key news
• Exhibit 103: Corporativo Bimbo SA de CV - Key offerings
• Exhibit 104: Corporativo Bimbo SA de CV - Segment focus

• 10.6 Flowers Foods Inc.
• Exhibit 105: Flowers Foods Inc. - Overview
• Exhibit 106: Flowers Foods Inc. - Product / Service
• Exhibit 107: Flowers Foods Inc. - Key news
• Exhibit 108: Flowers Foods Inc. - Key offerings

• 10.7 General Mills Inc.
• Exhibit 109: General Mills Inc. - Overview
• Exhibit 110: General Mills Inc. - Business segments
• Exhibit 111: General Mills Inc. - Key news
• Exhibit 112: General Mills Inc. - Key offerings
• Exhibit 113: General Mills Inc. - Segment focus

• 10.8 Hostess Brands Inc.
• Exhibit 114: Hostess Brands Inc. - Overview
• Exhibit 115: Hostess Brands Inc. - Product / Service
• Exhibit 116: Hostess Brands Inc. - Key offerings

• 10.9 McKee Foods
• Exhibit 117: McKee Foods - Overview
• Exhibit 118: McKee Foods - Product / Service
• Exhibit 119: McKee Foods - Key offerings

• 10.10 Premier Foods Plc
• Exhibit 120: Premier Foods Plc - Overview
• Exhibit 121: Premier Foods Plc - Business segments
• Exhibit 122: Premier Foods Plc - Key offerings
• Exhibit 123: Premier Foods Plc - Segment focus

• 10.11 WW International Inc.
• Exhibit 124: WW International Inc. - Overview
• Exhibit 125: WW International Inc. - Business segments
• Exhibit 126: WW International Inc. - Key offerings
• Exhibit 127: WW International Inc. - Segment focus

• 10.12 Yildiz Holding AS
• Exhibit 128: Yildiz Holding AS - Overview
• Exhibit 129: Yildiz Holding AS - Product / Service
• Exhibit 130: Yildiz Holding AS - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 131: Inclusions checklist
• Exhibit 132: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 133: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 134: Research methodology
• Exhibit 135: Validation techniques employed for market sizing
• Exhibit 136: Information sources

• 11.5 List of abbreviations
• Exhibit 137: List of abbreviations

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