News | December 11, 2018

The Cake Market In India Is Anticipated To Grow At A CAGR Of 12.5% During 2018-2023 -- High Demand for Artisanal/Unpackaged Cake - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--

The "India Cake Market - Segmented by Type (Packaged Cakes and Unpackaged/Artisanal Cakes), Distribution Channel, and Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The India cake market is projected to grow at the rate of 12.5% during the forecast period 2018 to 2023.

The market is expected to witness a strong growth during the forecast period owing to the growth in rise in innovation in product offerings, increasing per capita household income, rising urbanization, surge in consumer spending, and growth in online retailing.

However, high presence of unorganized players and increasing health concerns are some of the factors restraining the growth of the India cake market.

Key Highlights

  • High Demand for Artisanal/Unpackaged Cake in India
  • Rise in Consumer Spending in India Cake Market
  • High Penetration of Organized Retail in India Cake Market

Developments in the Market (2017-2018)

  • Britannia acquired 26% stake in Sunandaram Foods Private Limited, a cake manufacturing unit in Assam.
  • Monginis expanded its presence in South India, by setting up a manufacturing plant in Hyderabad.

Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Consumer Behavior Analysis

6. Market Competitive Landscape

7. Company Profiles

  • Britannia Industries
  • Winkies
  • Karachi Bakery
  • Monginis
  • Modern Food Enterprises Private Limited
  • Bonn
  • Bisk Farm
  • Elite Group of Companies
  • Anmol Industries Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/xpjf32/the_cake_market?w=4

 


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