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Report
Cake Mixes Market by Type (Angel Food Cake, Layer Cake, Flourless or Low-Flour Cake, Mug Cake, and Others), Flavor Type (Chocolate, Vanilla, Fruit, and Others), Distribution Channel (Online, Offline), Application (Household, Commercial), and Region 2024-2032
Market Report I 2024-03-02 I 146 Pages I IMARC Group
The global cake mixes market size reached US$ 1.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2032, exhibiting a growth rate (CAGR) of 2.97% during 2024-2032. The increasing increasing demand for decadent food products, easy availability via online apps, and the launch of new variants represent some of the key factors driving the market.
Cake mixes are premixes that allow baking of a cake quickly and easily. They generally involve dry ingredients, such as flour, baking powder, baking soda, yeast, salt, sugar, leavening agents, and other flavoring agents. They also require wet ingredients like eggs, water, milk, and other flavorings. They are used to make different cakes, including chocolate, vanilla, and lemon. As they generally come in a box and are convenient and easy to use, the demand for cake mixes is rising across the globe. At present, key players are offering customizable cake mixes that allow individuals to add different ingredients or choose from a variety of mix-ins to bake a unique cake.
Cake Mixes Market Trends:
The increasing demand for decadent food products and the growing number of ceremonial occasions, such as birthdays, weddings, and anniversaries, represent one of the major factors bolstering the market growth around the world. Moreover, rapid urbanization, the rising working population, and expanding purchasing power of consumers are driving the sales of cake mixes worldwide. In addition, quick service resteraunts (QSRs) are using these mixes to make several innovative and exotic recipes, which is favoring the market growth. Apart from this, key players are introducing vegan, plant-based, gluten and sugar free variants in multiple flavors, such as matcha, cheese, and lavender, to expand their product portfolio and increase the existing consumer base. They are investing in advertising campaigns, such as celebrity and influencer endorsements, for improving their existing sales and profitability. Due to the increasing health consciousness among consumers, several manufacturers are also developing cake mixes using healthier ingredients, such as whole wheat flour and oats. This, coupled with the rising demand for healthy bakery products on account of changing eating habits and the surging prevalence of lifestyle diseases like obesity and diabetes, is strengthening the growth of the market. Furthermore, the growing number of hypermarkets, supermarkets, convenience stores, and grocery stores is offering an easy accessibility to cake mixes. Besides this, the expanding number of online shopping applications that provide a wider collection of cake mixes supported by doorstep delivery and numerous payment methods is creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global cake mixes market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type, flavor type, distribution channel, and application.
Type Insights:
Angel Food Cake
Layer Cake
Flourless or Low-Flour Cake
Mug Cake
Others
The report has provided a detailed breakup and analysis of the cake mixes market based on the type. This includes angel food cake, layer cake, flourless or low-flour cake, mug cake, and others.
Flavor Type Insights:
Chocolate
Vanilla
Fruit
Others
A detailed breakup and analysis of the cake mixes market based on the flavor type has also been provided in the report. This includes chocolate, vanilla, fruit, and others. According to the report, chocolate represented the largest segment.
Distribution Channel Insights:
Online
Offline
The report has provided a detailed breakup and analysis of the cake mixes market based on the distribution channel. This includes online and offline. According to the report, offline represented the largest segment.
Application Insights:
Household
Commercial
A detailed breakup and analysis of the cake mixes market based on the application has also been provided in the report. This includes household and commercial. According to the report, commercial represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for cake mixes. Some of the factors driving the North America cake mixes market included increasing demand for convenient food products, availability of numerous product variants, and introduction of healthier options by key players.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global cake mixes market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered Bob's Red Mill Natural Foods Inc, Chelsea Milling Company, Conagra Brands Inc, Dr. Oetker GmbH, General Mills Inc, Hodgson Mill, Inc., Miss Jones Baking Co, Simple Mills Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global cake mixes market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global cake mixes market?
What is the impact of each driver, restraint, and opportunity on the global cake mixes market?
What are the key regional markets?
Which countries represent the most attractive cake mixes markets?
What is the breakup of the market based on the type?
Which is the most attractive type in the cake mixes market?
What is the breakup of the market based on the flavor type?
Which is the most attractive flavor type in the cake mixes market?
What is the breakup of the market based on the distribution channel?
Which is the most attractive distribution channel in the cake mixes market?
What is the breakup of the market based on the application?
Which is the most attractive application in the cake mixes market?
What is the competitive structure of the global cake mixes market?
Who are the key players/companies in the global cake mixes market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cake Mixes Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Angel Food Cake
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Layer Cake
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Flourless or Low-Flour Cake
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Mug Cake
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Flavor Type
7.1 Chocolate
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Vanilla
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Fruit
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Online
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Offline
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Household
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Commercial
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 Drivers, Restraints, and Opportunities
11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Bob's Red Mill Natural Foods Inc
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Chelsea Milling Company
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Conagra Brands Inc
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Dr. Oetker GmbH
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 General Mills Inc
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Hodgson Mill, Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Miss Jones Baking Co
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Simple Mills Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Figure 1: Global: Cake Mixes Market: Major Drivers and Challenges
Figure 2: Global: Cake Mixes Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Cake Mixes Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Cake Mixes Market: Breakup by Type (in %), 2023
Figure 5: Global: Cake Mixes Market: Breakup by Flavor Type (in %), 2023
Figure 6: Global: Cake Mixes Market: Breakup by Distribution Channel (in %), 2023
Figure 7: Global: Cake Mixes Market: Breakup by Application (in %), 2023
Figure 8: Global: Cake Mixes Market: Breakup by Region (in %), 2023
Figure 9: Global: Cake Mixes (Angel Food Cake) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Cake Mixes (Angel Food Cake) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Cake Mixes (Layer Cake) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Cake Mixes (Layer Cake) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Cake Mixes (Flourless or Low-Flour Cake) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Cake Mixes (Flourless or Low-Flour Cake) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Cake Mixes (Mug Cake) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Cake Mixes (Mug Cake) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Cake Mixes (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Cake Mixes (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Cake Mixes (Chocolate) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Cake Mixes (Chocolate) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Cake Mixes (Vanilla) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Cake Mixes (Vanilla) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Cake Mixes (Fruit) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Cake Mixes (Fruit) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Cake Mixes (Other Flavor Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Cake Mixes (Other Flavor Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Cake Mixes (Online) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Cake Mixes (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Cake Mixes (Offline) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Cake Mixes (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Cake Mixes (Household) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Cake Mixes (Household) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Cake Mixes (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Cake Mixes (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: North America: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: North America: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: United States: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: United States: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Canada: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Canada: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Asia-Pacific: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Asia-Pacific: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: China: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: China: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Japan: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Japan: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: India: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: India: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: South Korea: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: South Korea: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Australia: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Australia: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Indonesia: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Indonesia: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Others: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Others: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Europe: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Europe: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Germany: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Germany: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: France: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: France: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: United Kingdom: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: United Kingdom: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Italy: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Italy: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Spain: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Spain: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Russia: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Russia: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Others: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Others: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Latin America: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Latin America: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Brazil: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Brazil: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Mexico: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Mexico: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Others: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Others: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Middle East and Africa: Cake Mixes Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Middle East and Africa: Cake Mixes Market: Breakup by Country (in %), 2023
Figure 83: Middle East and Africa: Cake Mixes Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Global: Cake Mixes Industry: Drivers, Restraints, and Opportunities
Figure 85: Global: Cake Mixes Industry: Value Chain Analysis
Figure 86: Global: Cake Mixes Industry: Porter's Five Forces Analysis
Table 1: Global: Cake Mixes Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Cake Mixes Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Cake Mixes Market Forecast: Breakup by Flavor Type (in Million US$), 2024-2032
Table 4: Global: Cake Mixes Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 5: Global: Cake Mixes Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Cake Mixes Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Cake Mixes Market: Competitive Structure
Table 8: Global: Cake Mixes Market: Key Players
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