Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Cake And Pastries Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Cake And Pastries Market Grow Between 2024 and 2025?
The market for cakes and pastries has seen substantial growth in previous years. The market size is projected to increase from $91.58 billion in 2024 to $97.69 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.7%.
How Much Will the Cake And Pastries Market Be Worth in 2029?
The Cake And Pastries Global Market Report 2025 market is projected to grow to $127.31 billion by the year 2029, with a compound annual growth rate (CAGR) of 6.8%.
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Which Cake And Pastries Market Drivers Are Linked to Revenue Growth?
The key drivers in the cake and pastries market are:
• Increased demand for customization and personalization in bakery products
• Emphasis on sustainable and ethical practices in baking
• Focus on premium, artisanal offerings in the bakery sector
• Rising popularity of specialized dietary products in the cake and pastries market
Which Segments Are Expected to Grow in the Cake And Pastries Market?
The cake and pastriesmarket covered in this report is segmented –
1) By Type: Cakes, Frozen Cakes And Pastries, Pastries, Sweet Pies
2) By Distribution Channel: Super Markets And Hyper Markets, Convenience Stores, Online Retail, Bakeries, Other Distribution Channels
3) By Application: Food Service, Retail, Other Applications
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What Are The Key Trends Impacting Growth In The Global Cake And Pastries Market?
The key trends in the cake and pastries market are:
• Digitalization of bakery services is an emerging trend shaping the cake and pastries market.
• There is an increasing focus on crafting artisanal and handcrafted products.
• The trend towards using health-conscious baking and ingredient choices is on the rise.
• Emphasis on visual appeal and aesthetics, along with innovative flavor combinations and fusion treats, is emerging as noteworthy trend.
Who Are the Key Competitors in the Global Cake And Pastries Market?
Major players in the cake and pastries market are:
• Finsbury Food Group Plc
• Flowers Foods
• Grupo Bimbo S.A.B. de C.V
• Hostess Brands lnc.
• McKee Foods Corporation
• Yamazaki Baking Company Ltd.
• Aryzta AG
• BreadTalk Group Private Limited
• Britannia Industries Limited
• Edeka Group
• Mulino Bianco
• Monginis Foods Private Limited
• Americana Group
• Pepperidge Farm
• Bright Blue Foods Limited
• American Baking Company
• Barilla G. e R. Fratelli Spa
• Bonn Nutrients Pvt. Ltd.
• Campbell Soup Co.
• Corporativo Bimbo SA de CV
• Dofreeze LLC
• Edwards Cake and Candy Supplies LLC
• EUROPASTRY SA
• The J.M Smucker Co.
• Rubicon Bakers LLC
• The Essentials Baking Co.
• The Wadia Group
• Le Macaron French Pastries
• Dawn Foods
• Modern Food Enterprises Private Limited
• Parle Products Pvt Ltd
• Elite Foods
• Wright Food Group
• Goodness Cakes
• Kukkr
• Hillshire Brands
• George Weston Limited
• Sweet Street Desserts
• Ainsworth Pet Nutrition
• Baked by Melissa
• Cinnabon, LLC
• Crumbl Cookies
• Little Debbie Snacks
• Sprinkles Cupcakes
Where Is the Cake And Pastries Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the cake and pastries market in 2024
