Summary
- • The global ice cream market size was valued at USD 70.85 billion in 2021
- • The global cake market size was valued at USD 42.94 billion in 2021
- • The global chocolate market size was valued at USD 130.56 billion in 2021
- • The global cookies market size was valued at USD 30.62 billion in 2021
- • The global frozen desserts market size was valued at USD 93.7 billion in 2021
- • The global gelato market size was valued at USD 9.2 billion in 2019
- • The global pudding market size was valued at USD 8.2 billion in 2020
- • The global yogurt market size was valued at USD 38.69 billion in 2021
- • The global candy market size was valued at USD 208.5 billion in 2020
- • The global bakery products market size was valued at USD 331.37 billion in 2020
- • The global ice cream consumption per capita was 5.8 liters in 2020
- • The global chocolate consumption per capita was 0.9 kg in 2020
- • The global cookie consumption per capita was 2.5 kg in 2020
- • The global cake consumption per capita was 2.1 kg in 2020
- • The global frozen yogurt market is expected to grow at a CAGR of 4.8% from 2021 to 2028
Move over Willy Wonka, theres a lot more to the sweet world of desserts than just golden tickets! Did you know that the global dessert industry is worth more than your wildest dreams? From ice cream extravaganzas to cake conundrums, chocolate delights, and cookie crusades, the numbers are as sweet as the treats themselves. With markets growing faster than a melting scoop of gelato on a hot summer day, its a dessert lovers paradise out there. So grab a fork (or a spoon, we wont judge) and lets dig into the delicious and delightful dessert industry statistics that will make your sweet tooth swoon and your mouth water.
Cakes and Pastries
- The global cake market size was valued at USD 42.94 billion in 2021
- The global bakery products market size was valued at USD 331.37 billion in 2020
- The global cake consumption per capita was 2.1 kg in 2020
- The global bakery products market is expected to grow at a CAGR of 4.3% from 2021 to 2028
- The global cake market is expected to reach USD 60.87 billion by 2028
- Cheesecake is the most popular cake type, accounting for 20% of global cake sales
- Germany has the highest per capita cake consumption at 5.2 kg per year
- Vegan cakes account for 5% of the global cake market
- The global cake market is expected to grow at a CAGR of 5.1% from 2021 to 2028
- The global cake market is dominated by Grupo Bimbo with a 10% market share
- The average Australian consumes 4.3 kg of cake per year
- The global cake market is expected to reach 18 million tons in volume by 2024
Interpretation
The dessert industry is not just a piece of cake, it's a multi-billion-dollar empire rising steadily on a wave of sugar and innovation. As we slice into the numbers, it's evident that cake holds a sweet spot in our hearts, with cheesecake reigning supreme as the dessert darling of the masses. From Germany's voracious appetite for cake to the rising trend of vegan indulgences, the global cake market is set to rise like a perfectly baked soufflé, with Grupo Bimbo leading the charge. So, as we eagerly await the icing on the (cake) market, let's take a moment to appreciate the delicious data shaping our dessert landscape, one delectable bite at a time.
Candy and Confectionery
- The global candy market size was valued at USD 208.5 billion in 2020
- The global candy market is expected to grow at a CAGR of 3.8% from 2021 to 2028
- The global candy market is expected to reach USD 252.7 billion by 2025
- The global gummy candy market is expected to reach USD 9.1 billion by 2025
Interpretation
It seems that the world has a sweet tooth that just won't quit! With the candy industry showing no signs of slowing down, it's clear that indulging in sugary treats remains a universal joy for many. The projected growth in the global candy market, particularly in the gummy candy sector, proves that no matter how rough life gets, there's always room for a little sweetness to brighten our days. So, here's to the irresistible allure of confectionery delights, keeping us all happily hooked on the delicious side of life.
Chocolate
- The global chocolate market size was valued at USD 130.56 billion in 2021
- The global chocolate consumption per capita was 0.9 kg in 2020
- The global chocolate market is expected to reach USD 187.08 billion by 2028
- Dark chocolate accounts for 30% of the global chocolate market
- Switzerland has the highest per capita chocolate consumption at 8.8 kg per year
- Organic chocolate accounts for 3% of the global chocolate market
- The global chocolate market is expected to grow at a CAGR of 4.6% from 2021 to 2028
- The global chocolate market is dominated by Mars Inc. with a 14.4% market share
- The average European consumes 3.5 kg of chocolate per year
- The global chocolate market is expected to reach 7.5 million tons in volume by 2024
Interpretation
In a world where statistics can be sweeter than a box of truffles, the dessert industry paints a delicious picture of our global cravings. From the decadent rise of dark chocolate to the Swiss leading the charge in chocolate indulgence, it's clear that the world is in the midst of a cocoa craze. With projections of reaching a market size that could make Willy Wonka blush by 2028, it seems we are all on an express train to Chocolate Town. So, whether you prefer your chocolate organic or mass-produced by Mars Inc., one thing is certain: our love affair with the sweet stuff shows no signs of melting away anytime soon.
Cookies and Biscuits
- The global cookies market size was valued at USD 30.62 billion in 2021
- The global cookie consumption per capita was 2.5 kg in 2020
- The global cookies market is expected to reach USD 44.01 billion by 2028
- Chocolate chip cookies account for 25% of the global cookie market
- The United Kingdom has the highest per capita cookie consumption at 7.5 kg per year
- Gluten-free cookies account for 7% of the global cookie market
- The global cookies market is expected to grow at a CAGR of 6.2% from 2021 to 2028
- The global cookies market is dominated by Mondelez International with a 12% market share
- The average Asian consumes 1.2 kg of cookies per year
- The global cookies market is expected to reach 24 million tons in volume by 2024
Interpretation
In a world where the sweet allure of cookies knows no boundaries, the dessert industry is in a constant state of crumbly evolution. With global cookie consumption per capita at 2.5 kg but soaring to 7.5 kg in the cookie-loving United Kingdom, it's clear that these delectable treats hold a special place in our hearts and stomachs. As chocolate chip cookies continue to reign supreme, gluten-free options are carving out their own niche, accounting for 7% of the market. With Mondelez International leading the charge and a projected 6.2% growth rate looming, it's evident that the cookie craze is here to stay, with the industry set to hit a whopping 24 million tons in volume by 2024. So, whether you're a dunker, a crispy aficionado, or a gluten-conscious nibbler, it's safe to say that the cookie jar of the future is bursting with potential... and deliciousness.
Frozen Desserts
- The global frozen desserts market size was valued at USD 93.7 billion in 2021
- The global yogurt market size was valued at USD 38.69 billion in 2021
- The global frozen yogurt market is expected to grow at a CAGR of 4.8% from 2021 to 2028
- The global frozen desserts market is expected to reach USD 122.1 billion by 2025
- Greek yogurt accounts for 40% of the global yogurt market
- China is the largest yogurt market, consuming 7.7 million tons in 2020
- Plant-based frozen desserts account for 10% of the global frozen desserts market
- The global frozen desserts market is expected to grow at a CAGR of 5.4% from 2021 to 2025
- The global frozen desserts market is dominated by Nestle S.A. with a 15% market share
- The average Canadian consumes 5.2 liters of frozen yogurt per year
- The global frozen desserts market is expected to reach 20 million tons in volume by 2024
Interpretation
In a world where the dessert industry is as vast and lucrative as ever, it seems the sweet tooth knows no bounds! With frozen treats reigning supreme, from traditional favorites to trendy plant-based options, it's no surprise that global consumption and market values continue to soar. As Greek yogurt claims its throne and China devours yogurt by the ton, one thing is clear: the frozen desserts landscape is anything but frozen in time. With Nestle S.A. leading the charge and Canadians slurping up frozen yogurt by the liter, the only certainty is that the dessert industry is on a rapid, delicious trajectory towards a future filled with endless scoops and spoonfuls of indulgence.
Ice Cream
- The global ice cream market size was valued at USD 70.85 billion in 2021
- The global gelato market size was valued at USD 9.2 billion in 2019
- The global ice cream consumption per capita was 5.8 liters in 2020
- The global gelato market is expected to grow at a CAGR of 4.6% from 2020 to 2027
- The global ice cream market is expected to reach USD 97.85 billion by 2028
- Vanilla is the most popular ice cream flavor worldwide, accounting for 29% of sales
- The United States is the largest ice cream market, consuming 6.4 billion liters in 2020
- Artisanal ice cream accounts for 15% of the global ice cream market
- The global ice cream market is expected to grow at a CAGR of 4.8% from 2021 to 2028
- The global ice cream market is dominated by Unilever with a 17% market share
- The average American consumes 23 pounds of ice cream per year
- The global ice cream market is expected to reach 13 billion liters in volume by 2024
- The global gelato market is expected to reach USD 12.5 billion by 2027
Interpretation
The world of frozen treats is a serious business, with statistics reflecting just how sweet the industry truly is. From the global battle between ice cream and gelato for consumer affection to the staggering amount of vanilla scoops being savored worldwide, it's clear that the frosty dessert reigns supreme. With Unilever leading the charge and artisanal concoctions melting hearts, the future looks promising for this chill-inducing market. So whether you're a die-hard ice cream aficionado scarfing down 23 pounds a year or a gelato connoisseur eagerly awaiting the industry's projected growth, one thing's for certain – the world will always have a soft spot for a frozen delight. And as these numbers show, there's no cooling down the passion for a scoop of happiness.
Puddings and Custards
- The global pudding market size was valued at USD 8.2 billion in 2020
- The global pudding market is expected to grow at a CAGR of 5.2% from 2021 to 2026
- The global pudding market is expected to reach USD 12.5 billion by 2026
- The global custard market is expected to grow at a CAGR of 4.8% from 2021 to 2026
Interpretation
The pudding and custard markets are proving to be as resilient as a well-set dessert. With the global pudding market projected to reach a sweet USD 12.5 billion by 2026, it seems that consumers are not willing to put a lid on their love for these delectable treats anytime soon. As the custard market also sees steady growth, it's clear that these classic desserts have managed to stay relevant in a world of ever-changing food trends. So, whether you prefer your sweets silky or creamy, one thing is certain – the future looks pudding-perfect for dessert aficionados worldwide.
