Cake concentrate is a powdered mixture that consists of flour, baking powder, dry milk powder, sugar, salt, emulsifiers & stabilizers, flavors, and other required ingredients. It may or may not contain eggs in it. It is especially manufactured to prepare moist premium batter, softer, tastier and better layer pound cakes, sponge cakes, muffins, cake slices, and cupcakes and thus, it helps bakers to prepare better quality cake products with ease. These cake concentrates can also be customized according to the requirement by adding different flavors and ingredients in it. All these benefits and convenience offered by the cake concentrates drive the growth of the cake concentrate market.
Fast moving & busy life of consumers has led to the rise in the consumption of convenience and confectionery foods such as cakes, slices, muffin, cupcakes, and cookies. In addition, these products are in high demand among elderly consumers, which supports the growth of the cake concentrate market. However, increase in health issues such as obesity and diabetes among the consumers, is anticipated to restrain the growth of the market in the upcoming years. Nevertheless, introduction of new and innovative flavors such as carrot, ginger, apple, and cinnamon, is projected to fuel the growth of the cake concentrate market in the upcoming years.
The global cake concentrate market is segmented based on type, product form, flavor, end user, distribution channel, and region. Based on type, the market is bifurcated into eggless and with egg. By product form, it is classified into cakes, cupcakes, muffins, and others. By flavor, the market is divided into carrot, red velvet, orange chiffon, rose, blueberry, lemon, ginger, apple & cinnamon and others. By end user, it is classified into household, food service, and food industry. Depending on the distribution channel, it is segregated into direct/B2B and indirect /B2C channel. The indirect channel is further divided into supermarket/hypermarket, convenience store, discount store, mom & pop shops, online stores and others. By region, the cake concentrate market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the prominent key players include Conagra Brands, Inc., Bakels Worldwide, Key Blends, Dawn Food Products, Inc., General Mills Inc., Embassy Ingredients Ltd., Dr. Oetker, Andrew Ingredients Ltd, Weikfield Products Co. (I) Pvt. Ltd., and IFFCO INGREDIENTS.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global cake concentrate market to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped based on their market share.
- Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
Cake Concentrate Market Report Highlights
| Aspects | Details |
 By Type |
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 By PRODUCT FORM |
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 By FLAVOR |
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 By END USER |
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 By DISTRIBUTION CHANNEL |
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 By Region |
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 Key Market Players | Dawn Food Products, Inc., IFFCO INGREDIENTS., Dr. Oetker, Bakels Worldwide, Key Blends, Weikfield Products Co. (I) Pvt. Ltd., General Mills Inc., Conagra Brands, Inc., Andrew Ingredients Ltd, Embassy Ingredients Ltd. |
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