No-fat Cake Market Overview
According to Future Market Insights' latest report, the no-fat cake market is expected to expand steadily between 2021 and 2031. There is unceasing growing interest among home bakers in no-fat baking due to increasing concern about healthy food, and along with that, the recent trend of clean eating is one of the key drivers for the No-fat cake market.
Cakes are always linked with consuming additional calories, high fat and sugar content causing weight gain and many other health concerns. However, in the last decade, rising problems with obesity, diabetes, and cardiovascular disorders have triggered demand for cakes which has low/no-fat, calorie and sugar content and this is expected to drive the market demand for no-fat cake market.
Innovations Such As Fat Replacers Along With Customization In No-fat Cakes Offered by Producers Is Driving No-fat Cake Market
Fat replacers are often used to replace fat in food products that have high-fat content. Fat replacers have permitted the expansion of both fat-free and low-fat foods that outdo the flavour and texture of full-fat foods, but with fewer calories and less fat and/or cholesterol. Eradication of fat content in the product is the key objective of fat replacer.
The fat replacers are categorized as fat substitutes and fat mimetics roughly according to their chemical composition. Such innovation of Lipid-based, Carbohydrate-based, Protein-based in a bakery is likely to propel to No-fat cake over the forecasted period.
Customization in the cake industry such as ice-cream cakes, designer cakes, eggless cakes, photo cakes, and much more are introduced by No-fat cake manufacturers to satisfy consumer’s demand is expected to boost the No-fat cake market
US and Canada No-fat Cake Market
The US is one of the leading markets for No-fat cake globally. The US No-fat cake market is to witness significant CAGR during the assessment period 2021-2031.
Social media is an easy technique to capture a large customer’s base in less time. According to FMI Research, 62% of individuals discovers cafeterias, hotels, bakeries, restaurants and other food stores over social media in urban areas in the region.
Social media has a strong influence on customers, and hence several bakery and confectionary manufactures are taking advantage of this factor by creating a strong online presence by having their applications, websites and social media accounts to boost the sales of the product which include no-fat cake.
Europe Demand Outlook for No-fat Cake Market
The no-fat cake is widely sold in European countries, with the United Kingdom and Germany having the dominant market share. Due to fewer barriers to entry, quick access to ingredients and raw resources, a well-established consumer market and growing demands for custom-made cake, the No-fat cake market is fragmented. As a result, it has lead to an increase in the demand for No-fat cake in European countries.
No-fat Cake Market: Key Players
Some key manufacturers functioning the business in the No-fat cake market globally includes
- General Mills
- DuPont de Nemours, Inc.
- Kingdom of Cakes
- Noshu Foods Pty Ltd
- Smart Baking Company™
- David's Cookies
- Saputo, Inc.
- Wells Enterprises, Inc.
- Love Kupcakes Inc.
- Along with this Pillsbury
- A Birthday Place
- Larissa Veronica
- Sweet Custom Cakes
- Stern's Bakery
- Cake Mate
- Betty Crocker
- Duncan Hines
- Lenny & Larry's
- Elite Sweets
- Rubicon Bakers
are some brands producing No-fat cake market.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
No-fat Cake: Market Segmentation
Based on Nature:
Based on Sales Channels:
- Bakery & Pastry Shops
- Confectionery Shops
- Restaurants & Hotels
- Online Channels
Based on Dietary Special Needs:
- Gluten Free
Based on the Flavors:
Based on the Type:
- Baking Mixes
- Cake Mixes
- Flours & Meals
- Ice Cream
- Pies & Pastries
- Pudding & Pie Fillings
Based on the Region:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa