North America Cakes, Pastries And Sweet Pies (Bakery And Cereals) Market

North America Cakes, Pastries and Sweet Pies (Bakery and Cereals) Market:

North America Cakes, Pastries, and Sweet Pies (Bakery and Cereals) Market size was worth USD XX million in 2020 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2026.

The North America Cakes, Pastries, and Sweet Pies (Bakery and Cereals) market is driven by factors including the the rising demand, increase in urbanization leading to higher availability of bakeries. However, health concerns are a major factor restraining market growth. Therefore, to attract the health conscious populace, the vendors introduced healthier varieties with lesser fat content. Also, the rapid growth in home baking also acts as a restraint on market growth as it reduces the demand for packaged Cakes, Pastries and Sweet Pies (Bakery and Cereals).

Pastries are small buns made using whipped cream — a stiff dough enriched with fat. Some dishes, such as pies, are made of a pastry casing that covers or completely contains a filling of various sweet or savory ingredients. A cake is made with flour & often is made with more than one layer and it rises. And it has icing on it. A pie is a baked dish which is usually made of a pastry dough casing that covers or completely contains a filling of various sweet or savoury ingredients. Pies are defined by their crusts.

North America Cakes, Pastries and Sweet Pies (Bakery and Cereals) Market Segmentation:

The North America Cakes, Pastries and Sweet Pies (Bakery and Cereals) market is segmented on the basis of category and distribution channels. On the basis of category, the market is segmented into cakes, pastries and sweet pies. On the basis of distribution channel, the market is distributed among bakeries, supermarkets/hypermarkets, convenience stores and others.

Regional Insights:

The North America market has been geographically segmented into US and Canada. The North American region holds the second major stake in the aggregate income of Global Cakes, Pastries and Sweet Pies (Bakery and Cereals) market in 2016 because of noteworthy growth in consumption, brought about by established distribution channels. However, the market has dwindled owing to increasing incidence of obesity coupled with the rising health awareness among consumers.

North America Cakes, Pastries and Sweet Pies (Bakery and Cereals) Industry Key Players:

The major players operating in the North America Cakes, Pastries and Sweet Pies industry include Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food and Lawrence Foods.