Cake Industry in India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers India Cake Market Top Companies and is segmented by Category (Packaged and Unpackaged/Artisanal), Product Type (Sponge Cakes, Cup Cakes, Cheesecakes, and Other Cakes), and Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Channels, and Other Distribution Channels).

Cake Industry in India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Cake Market Size

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India Cake Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 12.50 %
Market Concentration Low

Major Players

India Cake Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of India Cake Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

India Cake Market Analysis

The India Cake Market is expected to register a CAGR of 12.5% during the forecast period.

Bakery products have been basic food products for human nutrition. The convenience, accessibility, and nutrition profile associated with them are the major factors of their sustenance in the modern market. The consumption of cakes is gaining market traction, owing to consumers' changing perceptions and their convenience and health attributes. This is increasing the popularity of on-the-go cake products baked off or made at the consumer's convenience. Due to urbanization and the increase in the working population, the preferences for out-of-home consumption and demand for instant and nutritious products have increased, which is expected to propel the market growth over the long term.

During the COVID-19 pandemic, people stopped buying cakes from bakery shops due to product safety and hygiene issues. During the pandemic, the trend of homemade cakes increased, which affected the growth of the market. On the other hand, the trend of gluten-free products is growing in India, and market players, like Britannia, Parle, and many more, are manufacturing the products according to consumer preferences.

India Cake Industry Overview

The Indian cake market is highly fragmented, particularly with the significant presence of numerous local and regional players. Monginis, Elite Foods, Frontier Biscuit Factory Pvt. Ltd, Winkies, etc., are the major players operating in the market. Whereas, Monginis is one of the prominent players in the market due to its diversified product portfolio. The major strategies adopted by the companies in the global bakery product market are new product launches, agreements, partnerships, expansions, and acquisitions. Many bakers are offering healthy alternatives to high-calorie and high-sugar products, which is anticipated to be a primary factor for market growth. Adding new flavors to the market is also expected to impact industry growth positively. The launch of long-shelf-life packaged cakes is witnessing high growth in the market across the country.

India Cake Market Leaders

  1. Monginis

  2. Britannia Industries Limited

  3. Parle Products Pvt Ltd

  4. Modern Food Enterprises Private Limited

  5. Elite foods

  6. *Disclaimer: Major Players sorted in no particular order
India Cake Market Concentration
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India Cake Market News

  • April 2022: Monginis opened a new cake shop in Mumbai, Vasai west. The shop offers multiple varieties of cakes like exotic cakes, designer cakes, pinata cakes, tall-n-fancy cakes, and pastries.
  • December 2021: In India, Starbucks Corporation introduced its "Bake in Store Format," which features freshly baked goods in-store. The shop is situated in Khar, Mumbai.
  • October 2021: Theobroma opened four outlets in Bengaluru. Covering different parts of the city, these outlets were launched in Indira Nagar, Koramangala, Vittal Mallya Road, and Jayanagar.

India Cake Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables and Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Category
    • 5.1.1 Packaged
    • 5.1.2 Unpackaged/Artisanal
  • 5.2 Product Type
    • 5.2.1 Sponge Cakes
    • 5.2.2 Cup Cakes
    • 5.2.3 Cheesecakes
    • 5.2.4 Other Product Types
  • 5.3 Distribution Channel
    • 5.3.1 Supermarkets/Hypermarkets
    • 5.3.2 Convenience Stores
    • 5.3.3 Specialist Retailers
    • 5.3.4 Online Channels
    • 5.3.5 Other Distribution Channels

6. COMPETITIVE LANDSCAPE

  • 6.1 Strategies Adopted by Leading Players
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Britannia Industries
    • 6.3.2 Parle Products Pvt. Ltd
    • 6.3.3 Monginis
    • 6.3.4 Modern Food Enterprises Private Limited
    • 6.3.5 Euro Cakes
    • 6.3.6 Elite Foods
    • 6.3.7 General Mills
    • 6.3.8 Starbucks Corporation
    • 6.3.9 Anmol Industries Ltd
    • 6.3.10 Merwans Confectioners Private Limited
    • 6.3.11 Frontier Biscuits
    • 6.3.12 Winkies Products
    • 6.3.13 Theobroma
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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India Cake Industry Segmentation

Cakes are a form of baked products that are made using flour, sugar, butter, and other ingredients. The rise in cake consumption is mainly due to its popularity as a celebration of food on various occasions. The market is segmented by category, product type, and distribution channel. By category, the market is segmented into packaged and unpackaged or artisanal cakes. By product type, the market is segmented into sponge cakes, cupcakes, cheesecakes, and other product types. By distribution channel, the market studied is segmented into supermarkets/ hypermarkets, specialist retailers, convenience stores, online channels, and other distribution channels. For each segment, the market sizing and forecasts have been done on the basis of value in USD million.

Category Packaged
Unpackaged/Artisanal
Product Type Sponge Cakes
Cup Cakes
Cheesecakes
Other Product Types
Distribution Channel Supermarkets/Hypermarkets
Convenience Stores
Specialist Retailers
Online Channels
Other Distribution Channels
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India Cake Market Research FAQs

What is the current India Cake Market size?

The India Cake Market is projected to register a CAGR of 12.5% during the forecast period (2025-2030)

Who are the key players in India Cake Market?

Monginis, Britannia Industries Limited, Parle Products Pvt Ltd, Modern Food Enterprises Private Limited and Elite foods are the major companies operating in the India Cake Market.

What years does this India Cake Market cover?

The report covers the India Cake Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Cake Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Cake in India Industry Report

Statistics for the 2025 India Cake market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Cake analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.