Global Cake Mixes Market Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022


DescriptionTable of ContentList of TablesList of Figures
Introduction:
The global demand for cake mixes was worth US$ 1.09 bn in 2017, according to the research report. Expanding at a CAGR of 3.60 per cent between 2017 and 2022, the market is projected to hit US$ 1.31 billion by the end of the forecast period. Due to the rising disposable income of the global population and their simple preparation process, the global cake mixes market is expected to experience substantial growth over the forecast timeframe. In addition, growing urbanization leading to evolving people's eating habits would also fuel the demand for cake mixes. Studies have shown, however, that the salt preservatives applied to the cakes mixes have harmful effects on the health of humans, which may serve as a constraint for this market. Cake mixes that are glutton-free or low-calorie cakes mixes are expected to offer this sector new opportunities. The global cake mix market is benefiting significantly from the increasing demand for ready-to-make bakery products, "says an analyst at TMR. In the future, the increase in consumer disposable income and the growing impact of Western food culture are likely to sustain this market's development in the years ahead, the research study states. Cake mixes quickly, conveniently and cost-effectively rendered a range of cake items.

Geographical Overview:
Over the projected time frame, Asia Pacific is expected to be one of the fast growing regions on the cake mixes market. Increasing urbanization and modernization in India and China's developing countries has brought about a shift in consumer dietary habits. Consumers are now moving to bakery goods, which will fuel the regional market. In addition, farmers' demand for effective feed will also likely boost that growth. In the future, the country is projected to hold about 22 per cent of the global market share. Over the coming period Latin America is expected to show moderate market growth. Brazil is the principal regional player. Following the 2016 economic crisis, the country's food and beverage industry is making every possible effort to once again stabilize the sector. The companies are thus coming with better quality and a wide variety of food products, which will improve the demand for cake mixes in the region. Owing to the high per capita income and changing lifestyles of the regional population, the Middle East and Africa are expected to show moderate growth over the projected time span. The country, however, is still among the least dominant with a global market share of just 5 per cent.

Segmented Overview:
By Flavour Type –
•	Chocolate
•	Vanilla
•	Butter
•	Milk
•	Fruit
•	Red Velvet
•	Berries
•	Butter Scotch
•	Others
Distribution Channel – 
•	Modern Trade
•	Departmental 
•	Traditional Grocery Store
•	Convenience Stores
•	Online Channels
•	Other Retail Formats
Cake Type – 
•	Angel Food Cake
•	Layer Cake Flourless or Low-Flour Cakes
•	Chiffon Cake
•	Cup Cake
•	Cheese Cake
•	Pound Cake
•	Tortes
•	Unbaked Cake
Competitor Analysis
Cake Mixes Market has presence of some of the key major players across globe which includes:
•	General Mills
•	Associated British Foods
•	Archer-Daniels-Midland
•	Pinnacle Foods
•	Cargill
•	Ingredion Incorporated 
•	Hain Celestial
•	Kerry Group
•	Continental Mills
•	Chelsea Milling.
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.  
By Geographical Locations: 
•	North America
o	U.S.
o	Canada
•	Europe
o	U.K.
o	France
o	Italy
o	Germany
o	Spain
o	Russia & CIS
o	Rest of Europe
•	Asia-Pacific
o	China 
o	India
o	Japan
o	South Korea
o	ASEAN
o	Rest of Asia Pacific 
•	Latin America
o	Brazil
o	Argentina
o	Rest of LATAM
•	Middle East & Africa
o	UAE
o	South Africa
o	Rest of MEA
Highlights of the report
What is Cake Mixes Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation 
Market size projection based on Historical & current market trends 
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations