Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 11.1 Billion | USD 20.1 Billion | 8.3% | 2022 |
FrequentlyAsked Questions
A cake pop is a kind of cake that is designed as a lollipop. Moreover, cake crumbs are mixed with icing or chocolate. It is formed into small cubes as well as spheres in a similar manner as cake balls
The global cake pops market is projected to expand over 2023-2030 due to a rise in humungous demand for huge shelf space in retail stores as well as hypermarkets & supermarkets.
According to study, the global cake pops market size was $11.1 billion in 2022 and is projected to reach $20.1 billion by the end of 2030.
The global cake pops market is anticipated to record a CAGR of nearly 8.3% from 2023 to 2030.
The Asia-Pacific cake pops industry is set to account for a major market share in the upcoming years subject to an increase in-store bakeries in supermarkets and hypermarket stores in countries such as India and China. In addition to this, the presence of a large number of vendors and cake pops manufacturers in the region will also contribute notably towards the regional market growth.
The global Cake Pops market is led by players like Raleigh Cake Pops, Candy's Cake Pops, Sugar Bliss Cake Boutique, K & T Cake Pops, The Cake Pop Company, Sweets & Stems, Alessi Bakeries, and Alexandria Cake Pop Company.
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