Cakes Market Share

Statistics for the 2023 & 2024 Cakes market share, created by Mordor Intelligence™ Industry Reports. Cakes share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Cakes Industry

The cakes market is competitive and is still growing owing to the product variants across packaging formats, flavors, and sizes. The market vendors are developing new products with an emphasis on organic and gluten-free variants to increase their market shares and gain traction in the global marketplace. The cake manufacturers and brand owners who dominate the domestic markets are making strategic acquisitions of domestic cake producers. Acquiring these brands enables diversification and further creates growth opportunities. Major players operating in the market include Hostess Brands Inc., DoFreeze LLC, Britannia Industries, and Grupo Bimbo.

Cake Market Leaders

  1. Grupo Bimbo, S.A.B. de C.V.

  2. Hostess Brands, Inc.

  3. DoFreeze LLC

  4. McKee Foods Corporation

  5. Flowers Foods, Inc.

*Disclaimer: Major Players sorted in no particular order

Cakes Market Concentration

Cake Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)