Global Analysis of Cake Mixes Market Share, Revenue to Record Robust Growth in the Years 2017-2022

1. Global Analysis of Cake Mixes Market Share, Revenue to Record Robust Growth in the Years 2017-2022 The global market for cake mixes is demonstrating a competitive business landscape, finds a new research study by Transparency Market Archer-Daniels-Midland Co., Associated British Foods Plc, Pinnacle Foods Inc., Ingredion Inc., Cargill Inc., Hain Celestial Gropu Inc., Continental Mills Inc., Kerry Gropu Plc, and Chelsea Milling Co. are some of the prominent players in this market. The key companies are concentrating on expanding their regional reach to strengthen their position in the global market. Over the coming years, these vendors are projected to engage into mergers, acquisitions, and strategic partnerships to gain a competitive advantage over their peers, states the research report. Research General (TMR). Mills Inc., According to the research study, the ​global cake mixes market ​was worth US$1.09 bn in 2017. Expanding at a CAGR of 3.60% during the period from 2017 to 2022, the market is projected to reach US$1.31 bn by the end of the forecast period. Based on the flavor, the market has been classified into chocolate, butter, vanilla, fruit, milk, berries, red velvet, and butterscotch. The demand for chocolate flavor is comparatively higher than other flavors and this trend is projected to remain same over the forthcoming years, states the research report. Request for Report Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=32996 North America to Remain on Top Based on the geography, the research report segments the global market for cake mixes into North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe. Among these, the North America market has acquired the lead, owing to the presence of cake mixes vendors in a large number in this region. Expanding at a CAGR of 4.0% between 2017 and 2022, this regional market is predicted to remain on the top over the next few years. The markets in Europe and Asia Pacific are also expected to experience a significant rise in the years to come, states the research report. Request for Covid-19 Impact Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id= 32996 Rising Uptake of IT in Medical and Healthcare Sector to Boost Market’s Growth “The global market for cake mixes is gaining substantially from the increasing demand for ready-to-make bakery products.” says a TMR analyst. Going forward, the rise in disposable

2. income of consumers and the increasing influence of western food culture are likely to support the growth of this market in the years to come, states the research study. Explore Transparency Market Research’S Award-Winning Coverage of the Global Food and Beverages Industry @ https://www.prnewswire.com/news-releases/aquafeed-additives-market-to-exhibit-5-cagr-to -reach-valuation-worth-us2-2-bn-by-2027-flourishing-aquaculture-domain-to-drive-growth -finds-tmr-301011577.html About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Transparency Market Research, 90 State Street, Suite 700, Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email​: ​sales@transparencymarketresearch.com Website​: ​https://www.transparencymarketresearch.com