Considerable Cost-Saving Ensured by Cake Concentrate is Expected to Increase the Demand in Retail Market
The use of the cake concentrates in the retail or household sector is very less as compared to the foodservice or the food processing industries. The consumers that prepare the cakes at home prefer cake mixes instead of the cake concentrates. But the cake mix is an easy option. The use of cake concentrates has resulted in less amount of flour and sugar required which ensures that there is considerable cost saving. But the consumer awareness of the cake concentrate is less especially in the developing regions such as the APAC and MEA region. But it is expected to increase in demand in the upcoming years as there is saving in cost as well as it is convenient for the preparation by using the cake concentrate. Also, the consumer can customize it as per their own requirements.
This demand for the cake concentrate is mostly expected in the European countries as the trend for the bakery applications and additives is more effective in these countries than the rest of the world. Also, the number of manufacturers in the global cake concentrate market is less and is dominated by a few leading players.
Cake Concentrate Market: Regional Analysis
The cake concentrate is mostly being used in the foodservice and the food processing industries. The awareness of the cake concentrate in the retail consumers is less and thus the sale of the cake concentrate is less. But it is expected to increase in demand in the upcoming years especially in Europe and North America where the cakes are baked in the households in more number. Also, the bakery market is rising in the developing region of APAC and MEA due to the changes in lifestyle and thus change in consumer palates. The rise in small-scale bakeries and cafes in these regions is expected to increase the demand for the cake concentrate.
Cake Concentrate Market: Key Participants
Some of the market participants in the global cake concentrate market are:
- Bakels Group
- Premia Food Additives (I) Pvt. Ltd.
- Dawn Food Products, Inc.
- ULDO Polska sp. Z.o.o.
- Sonneveld Group B.V.
- Embassy Ingredients Ltd.
- AB Mauri India (P) Ltd.
- Puratos Group
- IFFCO Ingredients
- Key Blends Food Ingredients
- Andrew Ingredients
- IREKS GmbH
The report covers exhaustive analysis on:
- Cake Concentrate Market Segments
- Cake Concentrate Market Dynamics
- Cake Concentrate Market Size
- Cake Concentrate Supply and Demand
- Current Trends/Issues/Challenges pertaining to Cake Concentrate Market
- Competition Landscape and Emerging Market Participants in Cake Concentrate Market
- Value Chain Analysis of the Cake Concentrate Market
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The global cake concentrate market can be segmented on the basis of type, application, end use and distribution channel.
On the basis of type, the global cake concentrate market can be segmented as –
- Egg
- Eggless
On the basis of application, the global cake concentrate market can be segmented as –
- Cake (Pound Cake, Sponge Cake)
- Muffin
- Pastry
- Others (Swiss Roll, Cupcake)
On the basis of end use, the global cake concentrate market can be segmented as –
- Foodservice/ HoReCa
- Food Processing Industry
- Bakery Products
- Bakery Mixes
- Desserts and Confectionery
- Household/Retail
On the basis of distribution channel, the global cake concentrate market can be segmented as –
- Direct/B2B
- Indirect/B2C
- Hypermarkets/Supermarkets
- Specialty Stores
- Online Retail
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Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the cake concentrate market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the cake concentrate market
- Competitive landscape of the cake concentrate market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on cake concentrate market performance
- Must-have information for cake concentrate market players to sustain and enhance their market footprint
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