Muffins Market to Witness Unprecedented Growth During Forecast Period

PRESS RELEASE
Published January 8, 2024

Explore the Report Ocean publication titled ‘Muffins Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032’.

Analysis and Growth Projection for the Global Muffins Market:

Global Muffins Market is valued at approximately USD $$ billion in 2023 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2024-2032. Muffins are individually portioned baked products served as breakfast. Muffins are made by mixing flour with baking powder, salt, eggs, milk, butter, and sugar.

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Moreover, to make muffins a healthier option sometimes whole grains and sugar substitutes are used. The growing consumption of bread & bakery products and increasing use of natural ingredients in the muffins as well as product innovations from market players are key factors accelerating the market growth.

The growing consumption of bread and bakery products is contributing towards the growth of the Global Muffins Market. For instance, according to Statista – in 2020, the total market volume of bread and bakery products was estimated at 105.80 million tons, and the market is projected to grow to 135 million tons by 2025. Moreover, as per Statista – in 2021, the global savory snacks market was estimated at USD 250.5 billion, and the market is projected to reach a value of USD 386.8 billion by 2030. Also, rising popularity of savory muffins and increasing demand for packaged food products would create a lucrative growth prospectus for the market over the forecast period. However, health concerns associated with the consumption of high-calorie foods such as obesity, high cholesterol & blood sugar, and other lifestyle diseases stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Muffins Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and increasing consumption of bakery products in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising popularity of muffins and increasing penetration of leading market players coupled with growing number of quick service restaurants in the region.

Major market players included in this report are:

  • Grupo Bimbo S.A.B. de C.V.
  • George Weston Foods
  • Einstein Noah Restrant Group, Inc.
  • Brueggers Enterprises, Inc.
  • United Biscuits,
  • Edeka Group
  • Flowers Foods
  • Hostess Brands, Inc.
  • Aryzta AG
  • McKee Foods Corporation

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type

  • In-Store
  • Packaged

By Taste

  • Sweet
  • Savory

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Store
  • Specialty Store
  • Online Stores

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • ROE (Rest of Europe)
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • RoAPAC (Rest of Asia Pacific)
  • Latin America
    • Brazil
    • Mexico
  • Rest of the World

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Highlighting Key Aspects in Muffins Market Report:

Business Overview: In-depth exploration of the company’s operations and business divisions.

Corporate Strategy: Concise summary of the company’s strategic approach to business.

SWOT Analysis: Comprehensive examination of the company’s strengths, weaknesses, opportunities, and threats.

Company History: Chronological account of significant events shaping the company’s trajectory.

Key Products and Services: Catalog of prominent products, services, and brand offerings by the company.

Competitive Landscape: Identification of major competitors in the industry.

Strategic Locations and Subsidiaries: Inventory and contact details of pivotal locations and subsidiaries.

Financial Performance Analysis: Comprehensive financial ratios from the company’s annual financial statements, spanning the last five years.

Why Invest in This Report?

– Accelerate your decision-making process with rapid and time-critical insights.

– Uncover pivotal growth and investment prospects within the Muffins market.

– Make informed decisions supported by robust historical and forecast data for the Muffins market.

– Strategically position yourself to harness the industry’s maximum growth potential.

– Pinpoint crucial partners and avenues for business development.

– Gain a comprehensive understanding of your competitors’ business landscape, strategies, and future prospects.

Frequently Asked Questions:

➟ What primarily fuels the expansion of the Muffins market?

➟ What factors impede the market’s progress?

➟ Who stands out as the pivotal players in the market?

➟ Which geographical area commands the largest market share?

➟ What recent developments characterize the trends in the Muffins market?

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