Layer cake mixes Market is expected to rise with a single digit growth rate of 7.9% in the forecast period
The food industry has grown rapidly in the recent years with more variety of products being manufactured. As consumption increases, the demand for food that is natural, healthy, convenient and sustainable is increasing. The manufacturers are developing more number of innovative products that can meet the growing consumer demands. One such product is layer cake mixes. The growth in the sale of baker foods is linked to increased consumption of cakes, pastries and other foods. The layer cake mixes are cake baking material that helps in baking a multi-layer and multi-color cake. The bakery owner has started to purchase these layer cake mixes since it creates a very eye-catching and mouthwatering cake that increases its scalability. The increasing purchasing of cake for events such as birthdays, weddings and others have propelled the growth of layer cake mixes market.
Vendors in the layer cake mixes market are focusing on adding ingredients to the mix that can enhance the shelf life of layer cake mixes. Increasing consumer spending on bakery and other food products is one of the key trends in the layer cake mixes market.
Layer cake mixes Market: Drivers and Restraints
The layer cake mixes help users to make a very firm and moist cake with great height, fine texture and rich flavor. It has a very light eating quality with natural colors and flavors. The layer cake mixes are available in many varieties such as white, vanilla and chocolate. These factors are propelling the growth of layer cake mixes market. These products have a stable shelf life due to their tight crumb structure. People widely use the layer cake mixes due to the simple process of making. A user needs to add oil and water to the mix in order to create a cake, and the resultant is a very flat layer cake with high volume. Such factors are furthermore propelling the growth of layer cake mixes market.
One of the significant challenge faced by bakery food manufacturers is perishability. Also, the cakes have a limited shelf life. Such factors are hampering the adoption of layer cake mixes, thereby restraining the growth of the market. Increasing health consciousness amongst people has decreased the consumption of bakery foods, which in turn has hampered the growth of layer cake mixes market.
Layer cake mixes Market: Segmentation
The layer cake mixes market can be categorized on the basis of type and distribution channel. On the basis of the type in the layer cake mixes market, the demand for gluten-free in layer cake mixes is expected to rise due to increasing health concerns of people and increasing awareness of gluten food. On the basis of the distribution channel, the online channels are expected to rise significantly due to growing e-commerce trends.
Layer cake mixes market can be segmented on the basis of type:
- Low Fat
Layer cake mixes market can be segmented on the basis of distribution channel:
- Modern Trade
- Convenience Store
- Departmental and Traditional Grocery Store
- Online Channels
Layer cake mixes Market: Competitive Landscape
Examples of some of the key players operating in the layer cake mixes Market are Dawn Food Products, Inc., The Pillsbury Company, Betty Crocker, Ital Decor Ltd., Kerry Gropu Plc., Continental Mills Inc., Chelsea Milling Company and Pinnacle Foods Inc.
The layer cake mixes market is segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and others of APAC, Japan and Middle East & Africa. North America is expected to be a large market for layer cake mixes as a majority of the layer cake mixes vendors such as Dawn Food Products, Inc., The Pillsbury Company, and Cargill, Incorporated are based in the region. Increasing demand for diversified baker products at events and parties have driven the adoption of layer cake mixes in European countries such as Germany, U.K., and others. The growing popularity of layer cake mixes in developing regions, such as APEJ, Latin America and parts of Africa, is characterized by the increasing purchasing power of people and growing consumption of bakery foods. Rising disposable income among people in the countries mentioned above is likely to increase the scope of penetration of layer cake mixes in these regions in the near future.
The research report presents a comprehensive assessment of the layer cake mixes market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The layer cake mixes market report provides analysis and information, according to market segments such as geographies, application and industry.
The Layer cake mixes Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Layer cake mixes Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS & Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East & Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The Layer cake mixes report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Layer cake mixes report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Layer cake mixes report also maps the qualitative impact of various market factors on market segments and geographies.
The Layer cake mixes Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Fact.MR offers custom research services that help clients to get specific research solutions