Asia Pacific Bake Stable Pastry Fillings Market Size & Outlook
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Asia Pacific bake stable pastry fillings market highlights
- The Asia Pacific bake stable pastry fillings market generated a revenue of USD 232.4 million in 2020.
- The market is expected to grow at a CAGR of 6.6% from 2021 to 2028.
- In terms of segment, fruits was the largest revenue generating product in 2020.
- Nuts is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 232.4 million |
| Market revenue in 2028 | USD 388.0 million |
| Growth rate | 6.6% (CAGR from 2020 to 2028) |
| Largest segment | Fruits |
| Fastest growing segment | Nuts |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chocolate, Fruits, Nuts |
| Key market players worldwide | Dr.Oetker, Avebe, Dawn Food Products, Herbstreith & Fox, Puratos, Andros Foods North America, Famesa, Malas Fruit |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.9% of the global bake stable pastry fillings market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 388.0 million by 2028.
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Bake Stable Pastry Fillings Market Scope
Bake Stable Pastry Fillings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Malas Fruit | View profile | 501-1000 | Panchgani, Maharashtra, India, Asia | https://www.malasfruit.com |
| Famesa | View profile | 101-250 | San Miguel El Alto, Jalisco, Mexico, North America | https://famesa.com.mx |
| Andros Foods North America | View profile | 501-1000 | Rye, New York, United States, North America | https://androsna.com |
| Puratos | View profile | 5001-10000 | Groot-bijgaarden, Vlaams-Brabant, Belgium, Europe | http://www.puratos.com/en |
| Herbstreith & Fox | View profile | 251-500 | Neuenburg, Baden-Wurttemberg, Germany, Europe | https://www.herbstreith-fox.de/ |
| Avebe | View profile | 5001-10000 | Veendam, Groningen, The Netherlands, Europe | http://www.avebe.com |
| Dr.Oetker | View profile | 10001+ | Bielefeld, Nordrhein-Westfalen, Germany, Europe | http://www.oetker.com/en/startseite.html |
| Dawn Food Products | View profile | 1001-5000 | Jackson, Michigan, United States, North America | https://www.dawnfoods.com |
Asia Pacific bake stable pastry fillings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bake stable pastry fillings market will help companies and investors design strategic landscapes.
Fruits was the largest segment with a revenue share of 53.66% in 2020. Horizon Databook has segmented the Asia Pacific bake stable pastry fillings market based on chocolate, fruits, nuts covering the revenue growth of each sub-segment from 2018 to 2028.
Due to increased awareness about the negative impact of food processing and production on the environment, there has been a shift in consumer preference and a rising demand for sustainable and vegan food ingredients in Asia Pacific.
This trend has seeped into the bakery industry as well, influencing the offerings within the bake stable pastry fillings market. Moreover, a study published by DuPont Nutrition & Biosciences in 2021 revealed that the consumption of plant-based products has significantly increased over the past few years and is expected to surge.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bake stable pastry fillings market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bake stable pastry fillings market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific bake stable pastry fillings market size, by country, 2018-2028 (US$M)
Asia Pacific Bake Stable Pastry Fillings Market Share, 2020 & 2028 (US$M)
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