Global Cake Concentrates Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Ready-to-Use Cake Concentrates, Dry Cake Concentrates, and Liquid Cake Concentrates), By Application (Bakery Products, Food Service, Household, Commercial Baking and Catering Services), By Distribution Channel (Online Retail, Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores and Direct Sales) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035
Industry: Food & BeveragesGlobal Cake Concentrates Market Size Insights Forecasts to 2035
- The Global Cake Concentrates Market Size Was Estimated at USD 1.13 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.47% from 2025 to 2035
- The Worldwide Cake Concentrates Market Size is Expected to Reach USD 2.03 Billion by 2035
- Asia Pacific is Expected to Grow the fastest during the forecast period.
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The Global Cake Concentrates Market Size was worth around USD 1.13 Billion in 2024 and is predicted to grow to around USD 2.03 Billion by 2035 with a Compound Annual Growth Rate (CAGR) of 5.47% from 2025 and 2035. Increased need for convenient and time-efficient baking solutions, commercial bakery growth, the increasing popularity of Western desserts, health-oriented product innovation, and growing retail and online commerce penetration are major drivers fueling the Global Cake Concentrates Market.
Market Overview
The Cake Concentrates Market is the industry segment concerned with producing and distributing pre-blended ingredients that are applied to streamline and uniformize cake production. The concentrates usually contain basic ingredients such as flour, sugar, emulsifiers, leavening agents, and flavorings, enabling bakers to create cakes of uniform quality, with lower preparation time, and enhanced efficiency. The major purpose of cake concentrates is to offer a time-saving, easy solution both for home and commercial bakers that ensures consistent quality and shortens preparation and labor time. In addition, cake concentrates provide several advantages such as longer shelf life, simpler storage and transportation, and the production of consistent products in large quantities. They also simplify the process of baking, enabling users to produce professional-quality cakes even with no in-depth baking experience. Additionally, constant developments in the market such as the creation of gluten-free, organic, vegan, and clean-label cake concentrates address health-conscious consumers, broadening the market's appeal. These trends collectively fuel the vibrant growth and diversification of the cake concentrates market globally.
Report Coverage
This research report categorizes the cake concentrates market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the cake concentrates market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the cake concentrates market.
Global Cake Concentrates Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 1.13 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.47% |
2035 Value Projection: | USD 2.03 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 96 |
Segments covered: | By Product Type, By Application, By Distribution Channel, By Region and COVID-19 Impact Analysis |
Companies covered:: | Puratos Group, CSM Bakery Solutions, Bakels Worldwide, Kerry Group, Archer Daniels Midland Company, Dawn Food Products, Inc., Ingredion Incorporated, Corbion N.V., AB Mauri, Lesaffre, IFF (International Flavors & Fragrances), Tate & Lyle PLC, Others, and key vendors |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
Modern consumers particularly in urban areas look for food items that save time without sacrificing quality. Cake concentrates eliminate the need and mix action of many ingredients, presenting a fast and convenient option for home bakers as well as commercial users. With busy lifestyles increasingly becoming the norm, market demand for such convenience-oriented baking solutions increases, rendering convenience a key driver of market growth. Moreover, the worldwide proliferation of boutique and commercial bakeries has fueled dramatic demand for cake concentrates. These establishments count on reliable, repeatable baking options to keep customers satisfied and to save preparation time. Cake concentrates provide quality uniformity in flavor, texture, and appearance essential to brand integrity. With bakery chains and cafes proliferating across metropolises, their use of concentrates stimulates high market growth.
Restraining Factors
Most cake concentrates are filled with additives, preservatives, and artificial flavoring, which can be a turn-off for health-conscious or ingredient-conscious consumers. With increasing clean-label and natural product trends, consumers tend to prefer homemade or organic baking options, reducing the appeal of traditional cake concentrates and hindering market growth among these consumers. More and more consumers opt for homemade scratch baking, particularly during health and lifestyle trends in favor of fresh, preservative-free products. Such a trend lowers dependence on processed or pre-mixed items such as cake concentrates, especially in developed markets where consumers value control over the ingredients and quality.
Market Segmentation
The cake concentrates market share is classified into product type, application, and distribution channel.
- The dry cake concentrates segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the cake concentrates market is divided into ready-to-use cake concentrates, dry cake concentrates, and liquid cake concentrates. Among these,the dry cake concentrates segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to dry cake concentrates having a much longer shelf life than liquid or ready-to-use varieties. This cuts down on spoilage and inventory loss to manufacturers and end users alike. Their time stability also makes them perfect for bulk storage, particularly in commercial baking facilities where waste reduction is paramount to operating efficiency and cost management.
- The bakery products segment accounted for the highest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the cake concentrates market is divided into bakery products, food service, household, commercial baking, and catering services. Among these, the bakery products segment accounted for the highest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The growth is driven by commercial bakeries producing high volumes of cakes and pastries daily. Cake concentrates facilitate this process by ensuring uniform quality and shortening preparation time. Their application in mass production guarantees homogeneity and efficiency and makes them indispensable in bakery operations and propelling the segment's leadership in the overall market.
- The supermarkets/hypermarkets segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the cake concentrates market is divided into online retail, supermarkets/hypermarkets, specialty stores, convenience stores, and direct sales. Among these, the supermarkets/hypermarkets segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth is attributed to these retailers providing customers the convenience of buying several baking materials, such as cake concentrates, at one stop. This convenience in shopping promotes bulk and repeat purchases as customers spend less time and effort procuring all the baking ingredients in one go. The broad range of products and convenience factor consolidate consumer loyalty and make supermarkets/hypermarkets the preferred destination for cake concentrate shoppers.
Regional Segment Analysis of the Cake Concentrates Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the cake concentrates market over the predicted timeframe.
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North America is anticipated to hold the largest share of the cake concentrates market over the predicted timeframe. With fast-paced lifestyles, North American consumers increasingly seek convenience in food preparation. Cake concentrates on saving time and effort in baking and is thus extremely popular among home bakers as well as professional kitchen users. The demand for easy-to-use and ready-to-use products fuels the growth in the market. Busy homes, two-income families, and food service operators seeking to minimize waste without sacrificing taste tenderness or quality fuel the trend further and continue to drive cake concentrate consumption.
Asia Pacific is expected to grow at a rapid CAGR in the cake concentrates market during the forecast period. Western-style baked goods, cupcakes, and pastries have become increasingly popular in Asia Pacific as a result of cultural globalization and increased exposure through traveling and media. Buyers in emerging markets such as India, China, Japan, and South Korea are embracing baking as a hobby and a food trend. This change in culture forms a robust market for cake concentrates that allow convenient preparation of Western-style baked foods at home or in bakeries, promoting market growth.
Europe is predicted to hold a significant share of the cake concentrates market throughout the estimated period. Europe has a centuries-old tradition of baking, with artisan and commercial bakeries a part of local food cultures. The centuries-old culture of baking ensures steady demand for cake concentrates, as manufacturers and bakers look for ready solutions that support the authentic taste and consistency of European traditional cakes while ensuring smooth production processes, merging heritage with contemporary baking technology.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the cake concentrates market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Puratos Group
- CSM Bakery Solutions
- Bakels Worldwide
- Kerry Group
- Archer Daniels Midland Company
- Dawn Food Products, Inc.
- Ingredion Incorporated
- Corbion N.V.
- AB Mauri
- Lesaffre
- IFF (International Flavors & Fragrances)
- Tate & Lyle PLC
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In October 2024, Lesaffre launched its new baking innovations at Gulfood Manufacturing in Dubai aimed at equipping bakers to address changing consumer trends. The company highlighted its upgraded Inventis range of premixes for bakeries with new formulas aimed at encouraging creativity in baking.
- In May 2024, Dawn Foods introduced two new offerings under its Total Cake Solutions concept. One is the Dawn Yogurt Cake Mix, which provides a soft and airy texture with a touch of yogurt flavor. The other is the Dawn Exceptional Yuzu Compound, a yuzu taste paste that introduces the distinctive flavor of yuzu to bakers' products.
- In March 2024, Pillsbury Baking released two new products: Moist Supreme Creamy Almond Cake Mix and Moist Supreme Creamy Vanilla Cake Mix. The cake mixes provide an upscale and creamy treat that appeals to consumers looking for premium baking experiences.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the cake concentrates market based on the below-mentioned segments:
Global Cake Concentrates Market, By Product Type
- Ready-to-Use Cake Concentrates
- Dry Cake Concentrates
- Liquid Cake Concentrates
Global Cake Concentrates Market, By Application
- Bakery Products
- Food Service
- Household
- Commercial Baking
- Catering Services
Global Cake Concentrates Market, By Distribution Channel
- Online Retail
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Direct Sales
Global Cake Concentrates Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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