Frozen Cake and Pastry Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Frozen Cakes, Pies, And Other Pastries Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the frozen cake and pastry market in the U.S. amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014, when the market value increased by X% y-o-y. Over the period under review, the frozen cake and pastry market reached its peak figure level in 2018, and is likely to continue its growth in the near future.

Production of Frozen Cakes, Pies, And Other Pastries in the USA

In value terms, frozen cake and pastry production stood at $X in 2018. The total output value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when the the output figure increased by X% y-o-y.

Exports from the USA

In 2018, exports of frozen cakes, pies, and other pastries from the U.S. totaled X tonnes, rising by X% against the previous year. The total export volume increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years.

In value terms, frozen cake and pastry exports stood at $X (IndexBox estimates) in 2018.

Exports by Country

Japan (X tonnes), Saudi Arabia (X tonnes) and the UK (X tonnes) were the main destinations of frozen cake and pastry exports from the U.S., together comprising X% of total exports. These countries were followed by the United Arab Emirates, Germany, South Korea, Taiwan, Chinese, Costa Rica, Australia, the Netherlands, Colombia and Israel, which together accounted for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Saudi Arabia ($X) and the UK ($X) were the largest markets for frozen cake and pastry exported from the U.S. worldwide, together accounting for X% of total exports. These countries were followed by the United Arab Emirates, South Korea, Germany, Costa Rica, the Netherlands, Taiwan, Chinese, Australia, Colombia and Israel, which together accounted for a further X%.

Export Prices by Country

The average frozen cake and pastry export price stood at $X per kg in 2018, leveling off at the previous year. Over the last decade, the frozen cake and pastry export price, however, continues to indicate a relatively flat trend pattern.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was South Korea ($X per tonne), while the average price for exports to Taiwan, Chinese ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Germany, while the export prices for the other major destinations experienced more modest paces of growth.

Imports into the USA

In 2018, frozen cake and pastry imports into the U.S. amounted to X tonnes, picking up by X% against the previous year. Over the last decade, frozen cake and pastry imports continue to indicate a strong expansion.

In value terms, frozen cake and pastry imports stood at $X (IndexBox estimates) in 2018.

Imports by Country

In 2018, France (X tonnes) constituted the largest supplier of frozen cake and pastry to the U.S., accounting for a X% share of total imports. Moreover, frozen cake and pastry imports from France exceeded the figures recorded by the second largest supplier, Italy (X tonnes), threefold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of volume from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Belgium (+X% per year).

In value terms, France ($X) constituted the largest supplier of frozen cake and pastry to the U.S., comprising X% of total frozen cake and pastry imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

Import Prices by Country

The average frozen cake and pastry import price stood at $X per kg in 2018, surging by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was Japan ($X per tonne), while the price for Vietnam ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by South Korea, while the import 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

Source: IndexBox Platform