Sunday, September 22, 2019

Cakes Market Wrap: Now Even More Attractive

MA Research added a comprehensive research document of 200+ pages on ‘Cakes’ market  with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are Kraft Foods (United States),Nestle (Switzerland),Danone Group (France),Britannia Industries (India),Lotus Bakeries (Belgium),Mondelez International (United States),ITC Limited (India),Campbell Soup Company (United States),The Kellogg Company (United States),Dali Food Group (China),United Biscuits Company (United Kingdom),Kambly (Switzerland),Walkers Shortbread (United Kingdom),The Hershey Company (United States)
The cake is a kind of food which is generally used and known all over the world in the form of Sweet Desserts. Cakes is basically a modern modification of bread, typically in olden days bread is used in place of cake. The market of the cake is growing tremendously in the last few years due to rising celebrations activity and the product offerings are also at the innovative level, as there are rising preferences of the customizable cake. But there are some factors due to which the market is hindering such as there is an increase in the home bakers and some of the regulatory factors related to the product labelings which is lowering the market
Market Segmentation:
by  Type (Sponge cake, Cup Cake, Dessert Cake), Application (Celebration, Eatable desert, Others), Distribution Channel (Online Sales, Supermarkets/Hypermarkets, Bakeries), Flavor (Chocolate, Vanilla, Cheese)
Highlights of Influencing Trends:
New product launches
Expanding global vegan population base
Emergence of private label brands

https://industrynewsstock.com/28129/cakes-market-wrap-now-even-more-attractive/

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