How big is the Cake and Pastries Market

Q: How big is the cake and pastries market?

The market was estimated at USD 73 billion in 2024 and is projected to reach USD 104 billion by 2031.

Q: What is driving the growth of the cake and pastries market?

Urban snacking trends, innovation in flavours, premium offerings, and growth in online ordering are major drivers.

Q: Who are the leading players in the cake and pastries industry?

Grupo Bimbo, Nestl茅, Mondelez, Britannia, and General Mills are key global players.

Q: What is the projected market growth rate?

The market is expected to grow at a CAGR of 7.8% from 2025 to 2031.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

How big is the Cake and Pastries Market | Size, Demand & Outlook 2025

Code: MTA5537

Publication Date: Jul 2025

What is the size of the Cake and Pastries Market?

According to 绿帽社 internal database and industry insights, the Global Cake and Pastries Market was estimated at USD 73 billion in 2024 and is projected to reach USD 104 billion by 2031, growing at a CAGR of 7.8% during the forecast period 2025–2031.

The growth of market is driven by the rising demand for indulgent snacks, premium desserts, and convenience bakery products, along with innovation in flavours and healthier variants.

Key Growth Factors of the Cake and Pastries Market

Rising urbanization and changing food consumption habits
Growing demand for packaged, ready-to-eat, and frozen bakery items
Premiumization and artisanal product development
Health-conscious options like gluten-free, vegan, and low-sugar cakes
Expansion of bakery chains and online cake delivery services

Cake and Pastries Market Trends

Cake and pastries market is growing with the time as the consumers are showing strong interest in personalized and occasion-based cakes with unique designs and flavours. Also, the health-oriented variants such as keto cakes, plant-based pastries, and high-protein muffins are gaining popularity. The market also reflects demand for hybrid desserts, multicultural flavours, and interactive online ordering platforms. Collectively, all these trends are contributing in the expansion of the market.

Emerging Developments in the Cake and Pastries Market

Cake and pastries market is developing with the emphasizing focus on cleaner labels, sustainable packaging, and extended shelf-life technologies. Also, 3D cakes printing and AI-enabled flavour customization are emerging in premium segments. Further, the rising café culture and influencer-driven dessert marketing are helping shape trends, especially among millennials and Gen Z.