U.S. Frozen Cakes, Pies, And Other Pastries Market. Analysis And Forecast to 2030
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View PricingThe American Frozen Cake and Pastry Market Posted Record Gains
IndexBox has just published a new report: 'U.S. Frozen Cakes, Pies, And Other Pastries Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.
For the seventh consecutive year, the U.S. frozen cake and pastry market recorded growth in sales value, which increased by 3.6% to $7.3B in 2019. This figure reflects the total revenue of producers and importers (excluding logistics costs, marketing costs, and retail margins, which will be included in the final consumer price).
The market value increased at an average annual rate of +4.3% over the period from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 6.1% y-o-y. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in years to come.
Production of Frozen Cakes, Pies, And Other Pastries in the U.S.
The American frozen cake and pastry market is largely buoyed by domestic production - despite growing robustly over the last decade, imports occupy only 15% of the market. Frozen cake and pastry production rose modestly to $6.6B in 2019. The total output value increased at an average annual rate of +3.9% over the period from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years.
Exports from the U.S.
For the fourth consecutive year, the U.S. recorded growth in shipments abroad of frozen cakes, pies, and other pastries, which increased by 6.7% to 46K tons in 2019. The total export volume increased at an average annual rate of +6.5% from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, frozen cake and pastry exports totaled $140M (IndexBox estimates) in 2019.
Imports into the U.S.
In 2019, the number of frozen cakes, pies, and other pastries imported into the U.S. stood at 239K tons, remaining constant against 2018. In general, total imports indicated a prominent expansion from 2013 to 2019: its volume increased at an average annual rate of +8.3% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, frozen cake and pastry imports stood at $1.1B (IndexBox estimates) in 2019.
Based on 2019 figures, imports increased by +66.7% against 2014 indices. Over the period under review, imports reached the peak figure in 2019 and are likely to continue growth in the immediate term.
Imports by Country
In 2019, Canada (196K tons) constituted the largest supplier of frozen cake and pastry to the U.S., accounting for an 82% share of total imports. Moreover, frozen cake and pastry imports from Canada exceeded the figures recorded by the second-largest supplier, France (9.5K tons), more than tenfold.
From 2013 to 2019, the average annual rate of growth in terms of volume from Canada amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+18.8% per year) and Italy (+15.1% per year).
In value terms, Canada ($884M) constituted the largest supplier of frozen cake and pastry to the U.S., comprising 83% of total imports. The second position in the ranking was occupied by France ($49M), with a 4.6% share of total imports.
Import Prices by Country
The average frozen cake and pastry import price stood at $4,438 per ton in 2019, growing by 4.9% against the previous year. Over the last six years, it increased at an average annual rate of +6.6%. The growth pace was the most rapid in 2014 an increase of 25% y-o-y. The import price peaked in 2019 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Italy ($5,202 per ton), while the price for Canada ($4,509 per ton) was amongst the lowest.
From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced more modest paces of growth.
Companies Mentioned in the Report
Rich Products Corporation, J & J Snack Foods, The Bama Companies, Sweet Street Desserts, The Eli's Cheesecake Company, Love & Quiches, Rhodes International, J. S. B. Industries, Bama Pie, Galaxy Desserts, Bonert's Incorporated, Lone Star Bakery, The James Skinner, Nemo's Bakery, Mel-O-Cream Donuts International, Culinary Arts Specialties, Coastal Foods, Labree's, Main Street Gourmet, Ralcorp Frozen Bakery Products, Marie Minnie Bakers, Astrochef, Creative Occasions, Granny's Kitchens, Circle Peak Capital Management, Steven-Robert Original's, Orange Bakery, Dawn Foods, Cloverhill Pastry-Vend, Panarama Incorporated (delaware), Edwards Fine Foods, Keystone Bakery Holdings
This report provides an in-depth analysis of the market for frozen cake and pastry in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 311813 - Frozen cakes, pies, and other pastries manufacturing
Companies mentioned:
- Rich Products Corporation
- J & J Snack Foods
- The Bama Companies
- Sweet Street Desserts
- The Eli's Cheesecake Company
- Love & Quiches
- Rhodes International
- J. S. B. Industries
- Bama Pie
- Galaxy Desserts
- Bonert's Incorporated
- Lone Star Bakery
- The James Skinner
- Nemo's Bakery
- Mel-O-Cream Donuts International
- Culinary Arts Specialties
- Coastal Foods
- Labree's
- Main Street Gourmet
- Ralcorp Frozen Bakery Products
- Marie Minnie Bakers
- Astrochef
- Creative Occasions
- Granny's Kitchens
- Circle Peak Capital Management
- Steven-Robert Original's
- Orange Bakery
- Dawn Foods
- Cloverhill Pastry-Vend
- Panarama Incorporated (delaware)
- Edwards Fine Foods
- Keystone Bakery Holdings
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
