Market Overview:
The global wrap snack cake market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing urbanization, and growing disposable income. In terms of type, the baking segment is expected to dominate the global wrap snack cake market during the forecast period. This can be attributed to the rising demand for baked goods due to their nutritional value and taste. In terms of application, supermarkets are expected to account for a major share of the global wrap snack cake market during the forecast period. This can be attributed to increasing demand from consumers for convenient food options that are available at affordable prices.
Product Definition:
Wrap Snack Cake is a type of cake that is made to be eaten as a snack. It is typically wrapped in wax paper or aluminum foil so that it can be easily transported and consumed.
Baking:
Baking is the process of preparing and cooking food by using a dry heat source such as an oven. The growth factor in the market is increasing demand for baked products on account of changing lifestyles, rising health consciousness among consumers and easy availability of ingredients. Also, factors like growing working population due to increased employment opportunities in private sector coupled with rapid urbanization have led to increase consumption in Asia Pacific region.
Steamed:
Steamed is a method of cooking in which the food is placed in a large basket or steamer and covered with a lid or foil. The food is then heated at a low temperature until it's done. Steamed foods are usually healthier than other forms of cooking as there's no use of oil to prevent sticking and burning, thus making it healthy for consumption.
Application Insights:
Supermarkets held the largest share of over 70.0% in 2017 owing to the availability of Wrap Snack Cakes in all major supermarkets across countries such as U.S., Canada, Australia, Germany, and France. The product is available at a reasonable price and consumers can purchase it directly from the store shelves without having to order for delivery or collect items from stores.
Hypermarkets are projected to witness significant growth over the forecast period owing to increasing consumer disposable income coupled with rising awareness regarding health benefits associated with wrap snack cakes including low calories content and nutritional properties such as fiber & protein which help reduce sugar cravings among children along with adults. In addition, growing penetration of online shopping will drive demand for wrap snack cakes at hypermarkets thereby supporting market growth during the forecast period 2018 ¢â‚¬â€œ 2030 dfthewaynechung@gmail.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a significant growth rate of 5.6% over the forecast period, owing to increasing health consciousness and awareness about gluten-free products among consumers in U.S., Canada, and Mexico.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 due to growing population coupled with increasing disposable income levels in emerging economies including China.
Growth Factors:
- Increasing demand for healthy snacks: The Wrap Snack Cake market is growing due to the increasing demand for healthy snacks. This is because consumers are becoming more health conscious and are looking for healthier snack options that can be consumed on the go.
- Growing popularity of wrap sandwiches: Another growth driver for the Wrap Snack Cake market is the growing popularity of wrap sandwiches. Wraps make a great alternative to traditional sandwiches as they are easy to eat and can be customized according to individual preferences.
- Rising number of food outlets: The rising number of food outlets is also contributing to the growth of the Wrap Snack Cake market as it provides consumers with more choices when it comes to snacking options. This has led to an increase in demand for wraps, which in turn is benefiting manufacturers operating in this space.
- Innovative product offerings: Manufacturers operating in the Wrap Snack Cake market are constantly introducing innovative product offerings in order to appeal to a wider audience base and differentiate their products from those offered by their competitors. This has helped them gain a larger share of this rapidly growing market segment . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Wrap Snack Cake Market Research Report
By Type
Baking, Steamed, Other
By Application
Supermarket, Hypermarket, Online
By Companies
Master Kong, Panpan Food, Gangrong Food, Zhuhai Portuguese Food Co., Ltd., Fujian Dali Food Co., Ltd., Orion, McGee, Hangzhou Daen Food Co., Ltd., Hebei Wangge Food Co., Ltd., McKee Foods, Hostess Brands, LLC, Grupo Bimbo, Flowers Foods, Ghirardelli
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Wrap Snack Cake Market Report Segments:
The global Wrap Snack Cake market is segmented on the basis of:
Types
Baking, Steamed, Other
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
Supermarket, Hypermarket, Online
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:
- Master Kong
- Panpan Food
- Gangrong Food
- Zhuhai Portuguese Food Co., Ltd.
- Fujian Dali Food Co., Ltd.
- Orion
- McGee
- Hangzhou Daen Food Co., Ltd.
- Hebei Wangge Food Co., Ltd.
- McKee Foods
- Hostess Brands, LLC
- Grupo Bimbo
- Flowers Foods
- Ghirardelli
Highlights of The Wrap Snack Cake 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:
- Baking
- Steamed
- Other
- By Application:
- Supermarket
- Hypermarket
- Online
- 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 Wrap Snack Cake 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
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- Consumer Insights
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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?
A wrap snack cake is a type of cake that is made from two or more layers of thin, crispy pastry dough. The dough is wrapped around a filling and then baked.
Some of the key players operating in the wrap snack cake market are Master Kong, Panpan Food, Gangrong Food, Zhuhai Portuguese Food Co., Ltd., Fujian Dali Food Co., Ltd., Orion, McGee, Hangzhou Daen Food Co., Ltd., Hebei Wangge Food Co., Ltd., McKee Foods, Hostess Brands, LLC, Grupo Bimbo, Flowers Foods, Ghirardelli.
The wrap snack cake 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 Wrap Snack Cake 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 Wrap Snack Cake Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wrap Snack Cake 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 Wrap Snack Cake 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 Wrap Snack Cake Market Size & Forecast, 2020-2028
4.5.1 Wrap Snack Cake Market Size and Y-o-Y Growth
4.5.2 Wrap Snack Cake 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 Baking
5.2.2 Steamed
5.2.3 Other
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 Supermarket
6.2.2 Hypermarket
6.2.3 Online
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wrap Snack Cake 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 Wrap Snack Cake 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 Baking
9.6.2 Steamed
9.6.3 Other
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 Supermarket
9.10.2 Hypermarket
9.10.3 Online
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 Baking
10.6.2 Steamed
10.6.3 Other
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 Supermarket
10.10.2 Hypermarket
10.10.3 Online
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 Baking
11.6.2 Steamed
11.6.3 Other
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 Supermarket
11.10.2 Hypermarket
11.10.3 Online
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 Baking
12.6.2 Steamed
12.6.3 Other
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 Supermarket
12.10.2 Hypermarket
12.10.3 Online
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 Baking
13.6.2 Steamed
13.6.3 Other
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 Supermarket
13.10.2 Hypermarket
13.10.3 Online
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 Wrap Snack Cake Market: Competitive Dashboard
14.2 Global Wrap Snack Cake Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Master Kong
14.3.2 Panpan Food
14.3.3 Gangrong Food
14.3.4 Zhuhai Portuguese Food Co., Ltd.
14.3.5 Fujian Dali Food Co., Ltd.
14.3.6 Orion
14.3.7 McGee
14.3.8 Hangzhou Daen Food Co., Ltd.
14.3.9 Hebei Wangge Food Co., Ltd.
14.3.10 McKee Foods
14.3.11 Hostess Brands, LLC
14.3.12 Grupo Bimbo
14.3.13 Flowers Foods
14.3.14 Ghirardelli
