Market Overview:
The global cake mixes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenient and ready-to-eat food products, especially among urban consumers. Cake mixes are easy-to-use and require minimal preparation time, which makes them popular among busy consumers. In addition, the availability of a wide variety of cake mix flavors and variations is also contributing to the growing popularity of these products. The global cake mixes market can be segmented on the basis of type into airy-free cake mix, gluten-free cake mix, low calorie cake mix, and others.
Product Definition:
A cake mix is a dry pre-made mixture of flour, sugar, baking powder and other ingredients used to make a cake. Cake mixes are important because they save time in the kitchen and can be used to make many different types of cakes.
Airy-free Cake Mix:
Airy-free cake mix is a dry mixture of ingredients which are free from oil, water, and aerated starch. It is also called as dry mix or powder cake. The primary function of this product is to provide structure and volume to the finished baked product without the addition of liquid sugar or other liquids like milk, cream cheese etc., making it light and fluffy in texture like a regular cake would be.
Gluten-free Cake Mix:
Gluten-free cake mix is a dry mixture of ingredients which are free from wheat flour, barley malt, and other grains. It helps in producing cakes with less fat content and more flavor. These products are gaining popularity owing to the rising prevalence of gluten intolerance among consumers all over the world. The global market for gluten-free products was estimated at USD 13 billion in 2015 and it is expected to grow at a CAGR of XX% from 2016 to 2024.
Application Insights:
Offline sales dominated the global cake mixes market, accounting for more than 60.0% share of the total revenue in 2017. Offline channels are still widely used to promote and sell products especially those that require preparation time such as bakery and confectionery items. The presence of numerous physical stores catering to bakery products along with strong distribution network supported by brick-and-mortar retail outlets as well as online retailers is expected to drive the demand for cake mixes over the forecast period.
Online sales is projected to be one of the fastest growing application segments owing to increasing internet penetration in developing countries such as India, China, Bangladesh, Vietnam and others where consumers prefer purchasing goods online due to convenience and ease offered by it over other modes of buying including offline or direct purchase from manufacturer's website which has been a major factor driving growth in this segment worldwide since past few years now.
Regional Analysis:
North America dominated the global cake mixes market in 2017. Growing demand for bakery products among consumers is expected to drive the regional market over the forecast period. Furthermore, increasing awareness regarding gluten-free products and changing lifestyles are contributing to growth in this region. Europe is also anticipated to witness significant growth over the next eight years owing to rising consumer disposable income levels and changing lifestyles of consumers coupled with growing popularity of aerodynamic cars in countries including Germany, Italy, France, Spain and others.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to developing economies such as India and China along with other South East Asian countries which have a large population base looking for cakes that can be made easily at home using packaged mix rather than going out or ordering from restaurants thus driving product sales online as well as offline across various categories such as wedding & party supplies; anniversary supplies; birthdays & celebrations supplies; baby showers & gifts etc.
Growth Factors:
- Increasing demand for convenience foods: The growth of the cake mixes market is primarily driven by the increasing demand for convenience foods. This can be attributed to the hectic lifestyles of consumers, who are looking for easy-to-prepare and quick meal options.
- Rising disposable incomes: Another key factor driving the growth of the cake mixes market is rising disposable incomes, which has resulted in an increase in spending on food items, including ready-to-eat and ready-to-cook products.
- Growing popularity of baking as a hobby: The growing popularity of baking as a hobby is also contributing to the growth of the cake mixes market, as more people are becoming interested in preparing cakes and other baked goods at home from scratch using quality ingredients.
- Proliferation of retail formats: The proliferation of retail formats such as supermarkets, hypermarkets, department stores, specialty stores etc., has led to an increase in accessibility to cake mixes products for consumers across all regions globally. This is further aiding in propellingthe salesgrowthofcakemixesmarketduringtheforecastperiod2018–2024 . 5) Technological advancements: With technological advancements leading to innovationsin productformulationsandpackagingdesignsamongotherthings;cakemixmanufacturersareofferingproductswithbettertasteandsmellalongwithlongershelflife
Scope Of The Report
Report Attributes
Report Details
Report Title
Cake Mixes Market Research Report
By Type
Airy-free Cake Mix, Gluten-free Cake Mix, Low-calorie Cake Mix, Others
By Application
Offline Sales, Online Sales
By Companies
General Mills, Archer-Daniels-Midland, Associated British Foods, Pinnacle Foods, Cargill, Ingredion, Hain Celestial, Kerry, Continental Mills, Chelsea Milling, General Mills
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Cake Mixes Market Report Segments:
The global Cake Mixes market is segmented on the basis of:
Types
Airy-free Cake Mix, Gluten-free Cake Mix, Low-calorie Cake Mix, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Offline Sales, Online Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Mills
- Archer-Daniels-Midland
- Associated British Foods
- Pinnacle Foods
- Cargill
- Ingredion
- Hain Celestial
- Kerry
- Continental Mills
- Chelsea Milling
- General Mills
Highlights of The Cake Mixes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Airy-free Cake Mix
- Gluten-free Cake Mix
- Low-calorie Cake Mix
- Others
- By Application:
- Offline Sales
- Online Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cake Mixes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cake mixes are a pre-made mix of ingredients that is used to make cakes. They come in many flavors and can be bought at most grocery stores.
Some of the major players in the cake mixes market are General Mills, Archer-Daniels-Midland, Associated British Foods, Pinnacle Foods, Cargill, Ingredion, Hain Celestial, Kerry, Continental Mills, Chelsea Milling, General Mills.
The cake mixes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cake Mixes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cake Mixes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cake Mixes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cake Mixes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cake Mixes Market Size & Forecast, 2020-2028
4.5.1 Cake Mixes Market Size and Y-o-Y Growth
4.5.2 Cake Mixes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Airy-free Cake Mix
5.2.2 Gluten-free Cake Mix
5.2.3 Low-calorie Cake Mix
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Offline Sales
6.2.2 Online Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cake Mixes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cake Mixes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Airy-free Cake Mix
9.6.2 Gluten-free Cake Mix
9.6.3 Low-calorie Cake Mix
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Offline Sales
9.10.2 Online Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Airy-free Cake Mix
10.6.2 Gluten-free Cake Mix
10.6.3 Low-calorie Cake Mix
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Offline Sales
10.10.2 Online Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Airy-free Cake Mix
11.6.2 Gluten-free Cake Mix
11.6.3 Low-calorie Cake Mix
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Offline Sales
11.10.2 Online Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Airy-free Cake Mix
12.6.2 Gluten-free Cake Mix
12.6.3 Low-calorie Cake Mix
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Offline Sales
12.10.2 Online Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Airy-free Cake Mix
13.6.2 Gluten-free Cake Mix
13.6.3 Low-calorie Cake Mix
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Offline Sales
13.10.2 Online Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cake Mixes Market: Competitive Dashboard
14.2 Global Cake Mixes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Mills
14.3.2 Archer-Daniels-Midland
14.3.3 Associated British Foods
14.3.4 Pinnacle Foods
14.3.5 Cargill
14.3.6 Ingredion
14.3.7 Hain Celestial
14.3.8 Kerry
14.3.9 Continental Mills
14.3.10 Chelsea Milling
14.3.11 General Mills
