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NEW YORK, March 21, 2022 /PRNewswire/ — The donut market is expected to grow by $5.02 billion from 2020 to 2025, progressing to a 4% CAGR according to Technavio’s latest market report. 35% of market growth will come from North America during the forecast period. United States and Canada are the main markets for donuts in North America. Market growth in this region will be faster than market growth in European, MEA and South American regions. Improving living standards and increasing number of middle-class families will facilitate the growth of the donut market in North America over the forecast period.

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Donut Market: Growing Number of Stores and Outlets to Drive GrowthThe key factor in the growth of donut market is the growing number of stores and outlets. The culture of socializing in cafes has become popular among urban youth. The increased influx of people into urban areas and a significantly large white-collar demographic segment necessitated an increase in the number of food outlets. Varied tastes and preferences for different types of food and beverages, such as fresh baked goods and hot beverages, have further led to the emergence of donut shops, cafes, and quick-service restaurants ( QSR). The growing popularity of shopping malls and malls has also encouraged many new players to invest heavily in distributing donuts through these malls. The growth of infrastructure in developing countries, such as new airports and highways, also offers large coffee chains the opportunity to establish new markets.

Donut Market: Rising Demand for Healthier Donuts Will Be a Major Trend
Growing demand for healthier donuts is a major trend supporting the growth of donuts market share. Donuts are one of the most popular types of baked goods consumed in the United States both at home and away, and donut sales accounted for more than 20% of total baked goods sales in 2015. However, with the changing consumer lifestyles, demand for healthier varieties like whole, high fiber, low fat, all natural and fortified cereals has increased. Many people around the world prefer fresh, homemade foods over unhealthy processed or pre-packaged foods, as well as high-calorie foods. To meet this demand, new sellers are launching healthier donuts with less sugar. Many bakers use organic, nutritious, and fibrous ingredients like nuts, raw cocoa, fruit, and coconut oil in their products.

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Donut Market: Segmentation Analysis
This market research report segments the donut market into Product (yeast donuts and cake donuts), Final user (catering and retail trade) and Geography (North America, EuropeACPA, South Americaand MEA).

The growth of donuts market share by the yeast donut segment will be important for revenue generation. Large outlets like Krispy Kreme Donuts (subsidiary of JAB Holding Co. Sarl) and dunking‘Brands Group Inc. primarily offers traditional yeast donuts. Yeast glazed donuts are the most popular type of donuts in the world. Vegan yeast donuts are gaining prominence among vegan consumers, especially in developed countries, such as the United States and Canada. Vendors widely offer such donuts in the market. Hence, these vendor offerings are expected to contribute to the growth of the yeast donuts segment of the market over the forecast period.

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Donut Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 4%

Market Growth 2021-2025

$5.02 billion

Market structure

Fragmented

Annual growth (%)

2.10

Successful market contribution

North America at 35%

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Daylight Donut Flour Co. LLC, Donut Time Ltd., Focus Brands LLC, Glory Hole Donuts, Grupo Bimbo SAB de CV, Inspire Brands Inc., J.CO Donuts & Coffee, JAB Holding Co. Sarl, McDonald Corp. and Restaurant Marques International Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Yeast donuts – Market size and forecast 2020-2025
  • Cake donuts – Market size and forecast 2020-2025
  • Market opportunity by product

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Foodservice – Market size and forecast 2020-2025
  • Retail – Market size and forecast 2020-2025
  • Market opportunity by end user

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Daylight Donut Flour Co. LLC
  • Donut Time Ltd.
  • Focus LLC Trademarks
  • Glory Hole Donuts
  • Group Bimbo SAB de CV
  • Inspire Brands Inc.
  • J.CO Donuts & Coffee
  • JAB Holding Co. Sarl
  • McDonald’s Corp.
  • Restaurant Brands International Inc.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Technavio
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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