Share on

Latin America Cakes Market By Type (Dessert Cake, Cheese Cake, Cup Cake And Wedding Cake), By Mixing Method (Layer Cake, Flourless Cake, Pound Cake And Shortened Cake), By Distribution Channel (In-Store Bakeries, Supermarkets, Convenience Stores And Online Stores) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: March, 2023
ID: 5576
Pages: 145
Formats: report pdf report excel report power bi report ppt

The Latin America Cakes Market was worth USD xx billion in 2021 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2026. Cake is generally a snack or a form of dessert. They were used to be a modification of breads. In recent days, cake flour is made from low protein wheat and the flour is prepared such that the starch to gluten ratio is high. Also, they were used to be home or bakery made special desserts. Now, they are one of the largest mass produced food items.

They are widely accepted and used as a symbol of celebration in almost all modern societies. In general, the ingredients of a cake include flour, eggs, sugar, butter, baking soda or baking powder. Apart from these, several additional ingredients such as dried fruits, nuts, cocoa and several flavoring substances added in the preparation. There are numerous recipes, styles and shapes in which cakes can be made.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

XX%

Segments Covered

By Type, By Mixing Method, By Distribution Channel

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Countries Covered

Brazil, Mexico, and Argentina

Market Leaders Profiled

Artisan Cake Company, The Blue Cake Company, American Baking Company, Edwards Cake, Britannia, Ele Cake Company, Little Venice Cake Company and Finsbury

Rapid increase in urban population and changing life styles and eating habits of people are the major factors driving the market growth. Increase in bakeries, high usage rate of cakes in several ceremonies and increase in innovation regarding the making satisfying all types of consumers are also expected to drive the market growth. However, increase in the diabetic and obese population and other health concerns are hindering the market growth. 

The Cakes market is categorized by type, mixing method, distribution channel and region. Based on the type of the cake, the market is categorized into Dessert Cake, Cheese Cake, Cup Cake, Ice Cream Cake, Chocolate Cake, Sponge Cake and Wedding Cake. Cupcakes segment hold the largest market share due to its high popularity among children and their ease of preparation. Dessert cakes are expected to be the fastest growing segment due to the increasing demand for desserts in ceremonies and dinners. On the basis of mixing methods, the market is categorized into Layer Cake, Flourless Cake, Pound Cake and Shortened Cake. Layer cakes occupy the largest market share due to the innovation involved in their making. Based on distribution channel, the market is categorized into In-Store Bakeries, Supermarkets, Convenience Stores and Online Stores. In-store bakeries generate largest sales revenue whereas online stores are the fastest growing market segment.

On the basis of region, the Latin America Cakes market is categorized into Brazil, Argentina, Mexico and Rest of South America. Brazil leads the cakes market in this region due to the increasing demand for desserts and also the cake ingredients are cheaper in this region.

Some of the major players in Cakes market are Artisan Cake Company, The Blue Cake Company, American Baking Company, Edwards Cake, Britannia, Ele Cake Company, Little Venice Cake Company and Finsbury.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample