Product ID: SQMIG30I2306
Global Bake Stable Pastry Fillings Market Size, Share, Growth Analysis, By Product(Chocolate, Fruits), By Distribution Channels(Online and Offline) - Industry Forecast 2024-2031
Report ID:
SQMIG30I2306 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
61 |
Figures:
77
Global Bake Stable Pastry Fillings Market Insights
Global Bake Stable Pastry Fillings Market size was valued at USD 1.36 billion in 2022 and is poised to grow from USD 1.45 billion in 2023 to USD 2.46 billion by 2031, growing at a CAGR of 6.80% during the forecast period (2024-2031).
The market for baked pastry fillings has expanded due to the growing popularity of chocolate, fruit, and nut fillings in bakery goods such as pastries, cakes, and cookies. Moreover, a significant component fueling the global demand is consumers' increased predilection for baked and confectionary goods. For producers and sellers, it has been extremely difficult to keep up product sales in a fashion that is both required by law and respected by the community. The market has also been affected by the general economic downturn in the food business. Due to rising consumer interest in various flavours, the demand for pastry fillings with bake-stable characteristics is predicted to increase significantly throughout the projected period.
Also, customers are spending more on baked food items, particularly bake-stable-filled pastry products, as their love for fruit flavours in sweets and desserts grows. Novel fruit flavours have encouraged people to indulge in and experiment with new tastes. For instance, Sparkalis, a new company that Puratos launched in April 2021, helped the company grow. The market for gluten-free, sugar-free, and low-fat filling is anticipated to expand quickly over the course of the forecast period due to changing consumer eating habits and greater consumer education. Increasing urbanisation and rising consumer wealth around the world have also made it possible for people to spend money on prepared and pre-packaged food items that enable speedy food preparation, particularly for breakfast.
US Bake Stable Pastry Fillings Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Bake Stable Pastry Fillings Market Report Snapshots
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