Pastries Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
|出版商||Mordor Intelligence Pvt Ltd||商品编码||389918|
|出版日期||内容资讯||英文 100 Pages
|糕点市场-成长，趋势，COVID-19的影响，及预测(2021～2026年) Pastries Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)|
|出版日期: 2021年05月13日||内容资讯: 英文 100 Pages||
由于 COVID-19 的影响，由于对方便食品的需求激增，糕点的销售量增加，包括冷冻和新鲜产品。然而，由于全球各国政府实施的社会疏远和封锁措施，消费者对非必需食品的支出有限，加上手工糕点的生产有限，手工糕点的销售额下降。
The global pastries market is projected to grow at a CAGR of 3.44% during the forecast period, 2021-2026.
As an impact of COVID-19, the sales of pastries witnessed greater sales including frozen as well as fresh products owing to the surge in the demand for convenience food. However, the artisanal pastries observed a decline in sales due to limited consumer expenditure on non-essential food products together with a limited production of artisanal pastries, attributed to the social distancing and lockdown measures imposed by the government of various countries around the globe.
The growing popularity of customizable pastries and the increasing innovation in the products is expected to drive the market's growth during the forecast period.
The use of speciality ingredients, like whole-grain bread, concentrates, and sweet goods mixes in pastries, have seen major developments, as a part of overall demand for healthy ingredients, indulgence without calories, and high demand for on-the-go food products. Sweet indulgences, like cupcakes and slice cakes are purchased based on appearance, texture, mouthfeel, and other subjective attributes, and the focus on healthy ingredients is given second priority.
Rising Demand for Freshly Baked Pastries
Globally, consumers are turning to bakery products that offer functional benefits and suit the specific dietary needs of consumers, such as gluten-free, kosher, organic, and natural ingredients and use of flour, such as rice flour and chia flour, other than wheat flour. Also, consumers are looking for food products that deliver them instant nutrition, and are willing to pay more for such products, thereby, allowing a substantial amount of innovation in the respective product category. Hence, the rising demand for freshly baked pastries can be considered as an opportunity in this market, along with an increase in online sales and new product launches.
Increasing Consumption of Pastries in Middle-East
The consumption of pastries in the developing market such as Asia-Pacific is based on certain factors, like an increase in the consumption of snack and convenience food. Moreover, there is a growing demand in the decorated pastry cake segment. This consumer shift is due to the rise in disposable income and preference for innovative products. Asia-Pacific is becoming a key market, as rising disposable income, urbanization, and the demand for western-style diets are supporting the growth in sales of baked goods and pastries in particular. China is set to become one of the largest baked goods market globally by 2022, with pastries being one of the most popular segment. Owing to this factor, the Asia-Pacific pastry market is expected to witness a potential increase in sales growth during the forecast period.
The market for pastries is highly competitive, due to the presence of a large number of regional and international suppliers. New healthier varieties, with less fat, are being introduced by vendors to attract the health-conscious population. Some of the major players in this market include Flowers Foods, Grupo Bimbo, Hostess Brands, McKee Foods, and The Essential Baking Company, among others.