Market Share of Cakes, Pastries, and Sweet Pies Industry
The cakes, pastries, and sweet pies market is highly competitive, particularly with the significant presence of numerous global and regional players. The players in the market use various corporate strategies like product innovations to cater to the needs of the consumers. For example, manufacturers are introducing various clean-label, gluten-free, and uniquely flavored bakery products to increase their consumer base. The players in the market also adopt other strategies like acquisitions and expansions to penetrate the markets further. Acquisition of brands enables diversification and gives these players access to stable cash flows and growth opportunities. American Baking Company, Britannica Inc., General Mills Inc., Group Bimbo, and Tyson Foods are the leading players engaged in the cakes, pastries, and sweet pies market.
Cakes, Pastries, and Sweet Pies Market Leaders
Britannia Industries Limited
General Mills, Inc.
Tyson Foods
Flowers Foods, Inc.
Grupo Bimbo, S.A.B. de C.V.
*Disclaimer: Major Players sorted in no particular order
