How big is the Cakes market?

The cakes market size is estimated to grow at $$ 10759.7 mn in 2025-2029. <a href='https://www.technavio.com/report/cakes-pastries-and-sweet-pies-market-industry-analysis'>Read More</a>

Which segment accounted for the largest Cakes market share?

Market segmentation by product type (Dessert cakes, Sponge cakes, Cupcakes, and Others), distribution channel (Offline, Online, North America, South America, and Middle East and Africa), .... <a href='https://www.technavio.com/report/cakes-pastries-and-sweet-pies-market-industry-analysis'>Read More</a>

Who are the key players in the Cakes market?

American Baking Co., ARYZTA AG, Barilla G. e R. Fratelli Spa, BreadTalk Group Pte Ltd., Britannia Industries Ltd., Campbell Soup Co., Corporativo Bimbo SA de .... <a href='https://www.technavio.com/report/cakes-pastries-and-sweet-pies-market-industry-analysis'>Read More</a>

What are the factors driving the Cakes market?

The key factors driving the cakes market growth are: Growing millennial population is more inclined toward convenience foods Rising demand for .... <a href='https://www.technavio.com/report/cakes-pastries-and-sweet-pies-market-industry-analysis'>Read More</a>

Cakes Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Canada, Japan, UK, India, Germany, South Korea, Italy, France - Size and Forecast 2025-2029

Published: Mar 2025
Pages: 226
SKU: IRTNTR74255

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Cakes Market Size 2025-2029

The cakes market size is forecast to increase by USD 10.76 billion at a CAGR of 3.7% between 2024 and 2029.

The cake and pastry market is experiencing significant growth due to several key factors. The increasing preference for convenience foods among the millennial population is driving market expansion. Additionally, the rising demand for sugar-free and healthier bakery products, fueled by the health and wellness trend, is providing new opportunities for market players. However, the increasing obesity rate poses a challenge to market growth. Consumers are increasingly opting for baked goods made with alternative sweeteners such as coconut sugar, vanilla, and apple, instead of high-fructose corn syrup and vinegar. The influence of digital marketing and social media on consumer behavior is also impacting market trends.

What will be the Size of the Cakes Market During the Forecast Period?

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1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by Flavor
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption
- Overview on factors of disruption

2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

3.2 Market characteristics
- Market characteristics analysis

3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition

4.2 Market segment analysis
- Market segments

4.3 Market size 2024

4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Cakes Market 2019 - 2023
- Historic Market Size - Data Table on Global Cakes Market 2019 - 2023 ($ million)

5.2 Product Type segment analysis 2019 - 2023
- Historic Market Size - Product Type Segment 2019 - 2023 ($ million)

5.3 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)

5.4 Flavor segment analysis 2019 - 2023
- Historic Market Size - Flavor Segment 2019 - 2023 ($ million)

5.5 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)

5.6 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)

5.7 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on the Global Cakes Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029

7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029

7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029

7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029

7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029

7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029

7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Product Type

8.1 Market segments
- Chart on Product Type - Market share 2024-2029 (%)
- Data Table on Product Type - Market share 2024-2029 (%)

8.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type

8.3 Dessert cakes - Market size and forecast 2024-2029
- Chart on Dessert cakes - Market size and forecast 2024-2029 ($ million)
- Data Table on Dessert cakes - Market size and forecast 2024-2029 ($ million)
- Chart on Dessert cakes - Year-over-year growth 2024-2029 (%)
- Data Table on Dessert cakes - Year-over-year growth 2024-2029 (%)

8.4 Sponge cakes - Market size and forecast 2024-2029
- Chart on Sponge cakes - Market size and forecast 2024-2029 ($ million)
- Data Table on Sponge cakes - Market size and forecast 2024-2029 ($ million)
- Chart on Sponge cakes - Year-over-year growth 2024-2029 (%)
- Data Table on Sponge cakes - Year-over-year growth 2024-2029 (%)

8.5 Cupcakes - Market size and forecast 2024-2029
- Chart on Cupcakes - Market size and forecast 2024-2029 ($ million)
- Data Table on Cupcakes - Market size and forecast 2024-2029 ($ million)
- Chart on Cupcakes - Year-over-year growth 2024-2029 (%)
- Data Table on Cupcakes - Year-over-year growth 2024-2029 (%)

8.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)

8.7 Market opportunity by Product Type
- Market opportunity by Product Type ($ million)
- Data Table on Market opportunity by Product Type ($ million)

9 Market Segmentation by Distribution Channel

9.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)

9.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel

9.3 Offline - Market size and forecast 2024-2029
- Chart on Offline - Market size and forecast 2024-2029 ($ million)
- Data Table on Offline - Market size and forecast 2024-2029 ($ million)
- Chart on Offline - Year-over-year growth 2024-2029 (%)
- Data Table on Offline - Year-over-year growth 2024-2029 (%)

9.4 Online - Market size and forecast 2024-2029
- Chart on Online - Market size and forecast 2024-2029 ($ million)
- Data Table on Online - Market size and forecast 2024-2029 ($ million)
- Chart on Online - Year-over-year growth 2024-2029 (%)
- Data Table on Online - Year-over-year growth 2024-2029 (%)

9.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

10 Market Segmentation by Flavor

10.1 Market segments
- Chart on Flavor - Market share 2024-2029 (%)
- Data Table on Flavor - Market share 2024-2029 (%)

10.2 Comparison by Flavor
- Chart on Comparison by Flavor
- Data Table on Comparison by Flavor

10.3 Chocolate cakes - Market size and forecast 2024-2029
- Chart on Chocolate cakes - Market size and forecast 2024-2029 ($ million)
- Data Table on Chocolate cakes - Market size and forecast 2024-2029 ($ million)
- Chart on Chocolate cakes - Year-over-year growth 2024-2029 (%)
- Data Table on Chocolate cakes - Year-over-year growth 2024-2029 (%)

10.4 Vanilla cakes - Market size and forecast 2024-2029
- Chart on Vanilla cakes - Market size and forecast 2024-2029 ($ million)
- Data Table on Vanilla cakes - Market size and forecast 2024-2029 ($ million)
- Chart on Vanilla cakes - Year-over-year growth 2024-2029 (%)
- Data Table on Vanilla cakes - Year-over-year growth 2024-2029 (%)

10.5 Fruit-based cakes - Market size and forecast 2024-2029
- Chart on Fruit-based cakes - Market size and forecast 2024-2029 ($ million)
- Data Table on Fruit-based cakes - Market size and forecast 2024-2029 ($ million)
- Chart on Fruit-based cakes - Year-over-year growth 2024-2029 (%)
- Data Table on Fruit-based cakes - Year-over-year growth 2024-2029 (%)

10.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)

10.7 Market opportunity by Flavor
- Market opportunity by Flavor ($ million)
- Data Table on Market opportunity by Flavor ($ million)

11 Market Segmentation by Type

11.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)

11.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type

11.3 Packaged cakes - Market size and forecast 2024-2029
- Chart on Packaged cakes - Market size and forecast 2024-2029 ($ million)
- Data Table on Packaged cakes - Market size and forecast 2024-2029 ($ million)
- Chart on Packaged cakes - Year-over-year growth 2024-2029 (%)
- Data Table on Packaged cakes - Year-over-year growth 2024-2029 (%)

11.4 Freshly baked cakes - Market size and forecast 2024-2029
- Chart on Freshly baked cakes - Market size and forecast 2024-2029 ($ million)
- Data Table on Freshly baked cakes - Market size and forecast 2024-2029 ($ million)
- Chart on Freshly baked cakes - Year-over-year growth 2024-2029 (%)
- Data Table on Freshly baked cakes - Year-over-year growth 2024-2029 (%)

11.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

12 Customer Landscape

12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

13 Geographic Landscape

13.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)

13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

13.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)

13.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)

13.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)

13.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)

13.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)

13.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)

13.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)

13.10 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)

13.11 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)

13.12 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)

13.13 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)

13.14 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)

13.15 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)

13.16 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)

13.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)

13.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

14 Drivers, Challenges, and Opportunity/Restraints

14.1 Market drivers

14.2 Market challenges

14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

14.4 Market opportunities/restraints

15 Competitive Landscape

15.1 Overview

15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

15.3 Landscape disruption
- Overview on factors of disruption

15.4 Industry risks
- Impact of key risks on business

16 Competitive Analysis

16.1 Companies profiled
- Companies covered

16.2 Company ranking index
- Company ranking index

16.3 Market positioning of companies
- Matrix on companies position and classification

16.4 American Baking Co.
- American Baking Co. - Overview
- American Baking Co. - Product / Service
- American Baking Co. - Key offerings
- SWOT

16.5 ARYZTA AG
- ARYZTA AG - Overview
- ARYZTA AG - Business segments
- ARYZTA AG - Key news
- ARYZTA AG - Key offerings
- ARYZTA AG - Segment focus
- SWOT

16.6 BreadTalk Group Pte Ltd.
- BreadTalk Group Pte Ltd. - Overview
- BreadTalk Group Pte Ltd. - Product / Service
- BreadTalk Group Pte Ltd. - Key offerings
- SWOT

16.7 Campbell Soup Co.
- Campbell Soup Co. - Overview
- Campbell Soup Co. - Business segments
- Campbell Soup Co. - Key news
- Campbell Soup Co. - Key offerings
- Campbell Soup Co. - Segment focus
- SWOT

16.8 Corporativo Bimbo SA de CV
- Corporativo Bimbo SA de CV - Overview
- Corporativo Bimbo SA de CV - Business segments
- Corporativo Bimbo SA de CV - Key news
- Corporativo Bimbo SA de CV - Key offerings
- Corporativo Bimbo SA de CV - Segment focus
- SWOT

16.9 EDEKA ZENTRALE Stiftung and Co. KG
- EDEKA ZENTRALE Stiftung and Co. KG - Overview
- EDEKA ZENTRALE Stiftung and Co. KG - Product / Service
- EDEKA ZENTRALE Stiftung and Co. KG - Key offerings
- SWOT

16.10 EUROPASTRY SA
- EUROPASTRY SA - Overview
- EUROPASTRY SA - Product / Service
- EUROPASTRY SA - Key offerings
- SWOT

16.11 Flowers Foods Inc.
- Flowers Foods Inc. - Overview
- Flowers Foods Inc. - Product / Service
- Flowers Foods Inc. - Key news
- Flowers Foods Inc. - Key offerings
- SWOT

16.12 General Mills Inc.
- General Mills Inc. - Overview
- General Mills Inc. - Business segments
- General Mills Inc. - Key news
- General Mills Inc. - Key offerings
- General Mills Inc. - Segment focus
- SWOT

16.13 McKee Foods
- McKee Foods - Overview
- McKee Foods - Product / Service
- McKee Foods - Key news
- McKee Foods - Key offerings
- SWOT

16.14 Premier Foods Plc
- Premier Foods Plc - Overview
- Premier Foods Plc - Business segments
- Premier Foods Plc - Key offerings
- Premier Foods Plc - Segment focus
- SWOT

16.15 The J.M. Smucker Co.
- The J.M. Smucker Co. - Overview
- The J.M. Smucker Co. - Business segments
- The J.M. Smucker Co. - Key news
- The J.M. Smucker Co. - Key offerings
- The J.M. Smucker Co. - Segment focus
- SWOT

16.16 WW International Inc.
- WW International Inc. - Overview
- WW International Inc. - Business segments
- WW International Inc. - Key offerings
- WW International Inc. - Segment focus
- SWOT

16.17 Yamazaki Baking Co. Ltd.
- Yamazaki Baking Co. Ltd. - Overview
- Yamazaki Baking Co. Ltd. - Business segments
- Yamazaki Baking Co. Ltd. - Key offerings
- Yamazaki Baking Co. Ltd. - Segment focus
- SWOT