GITNUX MARKETDATA REPORT 2024

Cake Industry Statistics

The cake industry continues to experience steady growth and increasing demand for personalized and specialty cakes.

Statistic 1

"The global cake mix market is anticipated to reach $1.9 billion by the end of 2022."

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Statistic 2

"The European cake market saw retail sales of $13.36 billion in 2012."

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Statistic 3

"The cake industry in the UK is worth around £1.3 billion."

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Statistic 4

"About 90.4% of households in the US purchased cakes in 2020."

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Statistic 5

"Single-serve cakes saw a 19.5% increase in dollar sales from 2018 to 2019 in the US."

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Statistic 6

"The cake industry contributes around 0.5% to the GDP in India."

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Statistic 7

"The average German consumes nearly 10.28 kg of cake and small baked goods per year."

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Statistic 8

"The chocolate cake segment accounted for a massive 34.7% share in the global market in 2020."

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Statistic 9

"The global cake pop market is expected to surpass $810 million by 2026."

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Statistic 10

"Online cake sales have steadily been increasing, with online bakery sales in the US alone reaching $870 million in 2017."

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