Below are some of the key findings from the cake pops market research report
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Global Cake Pops Industry Overview
The rise in the number of in-store bakeries is identified as one of the major factors driving the cake pops market growth during the forecast period. The prominence and popularity of in-store bakeries is growing due to their lower prices and convenience of one-stop shopping. These stores offer a substantial range of bakery products like cake pops and give serious competition to artisanal and industrial bakeries. The rise in their numbers is directly influencing the cake pops market growth. As per our cake pops market study, one of the significant cake pops market trends is the rising demand for healthier snack variants. Health consciousness among customers is leading makers to develop and introduce versions with healthier ingredients and high in fiber, protein, and whole grains. Buoyed by these factors, the cake pops market is expected to grow at a CAGR of nearly 3% during the forecast period.
Top cake pops companies covered in this market research report
The cake pops market is moderately concentrated with vendors producing healthier snack options to meet the growing demand from consumers. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this cake pops industry analysis report will aid clients to find new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- CANDY'S CAKE POPS
- K & T CAKE POPS
- Raleigh Cake Pops
- Sugar Bliss Cake Boutique
- The Cake Pop Company
Cake pops market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, our cake pops market forecast predicts that the Americas will account for the highest growth of this market throughout the forecast period.
Cake pops market segmentation based on products
- Cake pops with sugar
- Sugar-free cake pops
The cake pops with sugar segment accounted for the largest share of the cake pops market in 2017 and are expected to continue its market dominance. However, the sugar-free cake pops segment is expected to register the highest incremental growth over the forecast period.
Key highlights of the global cake pops market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the cake pops market during the next five years
- Precise estimation of the global cake pops market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cake pops industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of cake pops companies
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