U.K. Cake Market Size & Outlook, 2022-2030
U.K. Cake Market, 2018-2030 (US$M)
Global Market
Related Markets
UK cake market highlights
- The UK cake market generated a revenue of USD 2,667.1 million in 2022 and is expected to reach USD 3,091.1 million by 2030.
- The UK market is expected to grow at a CAGR of 1.9% from 2023 to 2030.
- In terms of segment, dessert cakes was the largest revenue generating product in 2022.
- Cupcakes is the most lucrative product segment registering the fastest growth during the forecast period.
Cake market data book summary
| Market revenue in 2022 | USD 2,667.1 million |
| Market revenue in 2030 | USD 3,091.1 million |
| Growth rate | 1.9% (CAGR from 2022 to 2030) |
| Largest segment | Dessert cakes |
| Fastest growing segment | Cupcakes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cupcakes, Sponge Cakes, Dessert Cakes |
| Key market players worldwide | Campbell Soup Company, Grupo Bimbo SAB de CV ADR, Britannia Bulk Holdings Inc, JM Smucker Co, McKee Foods Corporation, Balconi, Monginis, Bake'n Joy Foods |
Other key industry trends
- In terms of revenue, UK accounted for 4.2% of the global cake market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany cake market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 4,373.8 million by 2030.
Cakes hold a traditionally longstanding popularity in the U.K. Cakes are deeply ingrained in British culture and are commonly enjoyed in various settings, including celebrations, afternoon tea, and everyday indulgence. Different flavors like cheesecake, chocolate cake, and Victoria Sponge cakes are popular in the country.
In November 2020, a national survey conducted by the food delivery app Foodhub identified cheesecake (42%) as the most favored cake in the nation, closely followed by chocolate cake (41%) and Victoria Sponge (32%).
The findings from the National Cake Day survey also indicated that Britons indulge in cake consumption two to three times per week. In April 2021, Cake Box announced the opening of 52 new shops as the retailer saw an increase in sales in the past year despite the challenges posed by the pandemic.
The egg-free cream cake retailer reported that it expected a remarkable revenue growth of approximately 16% for the fiscal year ending in March 2020. This positive outcome is attributed to the success of newly established stores, indicating a sustained demand for Cake Box products.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Cake Market Scope
Cake Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Britannia Bulk Holdings Inc | View profile | 366 | Dexter House, 2 Royal Mint Court, London, United Kingdom, EC3N 4QN | - |
| Campbell Soup Company | View profile | 10001+ | Camden, New Jersey, United States, North America | www.campbellsoupcompany.com/ |
| Grupo Bimbo SAB de CV ADR | View profile | 148,868 | Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Mexico, MEX, Mexico, 01210 | www.grupobimbo.com |
| JM Smucker Co | View profile | 5,800 | One Strawberry Lane, Orrville, OH, United States, 44667-0280 | www.jmsmucker.com |
| McKee Foods Corporation | View profile | 5001-10000 | Collegedale, Tennessee, United States, North America | www.mckeefoods.com/ |
| Balconi | View profile | 51-100 | Nerviano, Lombardia, Italy, Europe | www.balconidolciaria.com/# |
| Monginis | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | www.monginis.net |
| Bake'n Joy Foods | View profile | 51-100 | North Andover, Massachusetts, United States, North America | bakenjoy.com |
U.K. Cake 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 Cake Market Outlook will help companies and investors design strategic landscapes.
Dessert Cakes was the largest segment with a revenue share of 46.67% in 2022.
Horizon Databook has segmented the U.K. cake market based on cupcakes, sponge cakes, dessert cakes covering the revenue growth of each sub-segment from 2018 to 2030.
Cakes hold a traditionally longstanding popularity in the U.K. Cakes are deeply ingrained in British culture and are commonly enjoyed in various settings, including celebrations, afternoon tea, and everyday indulgence. Different flavors like cheesecake, chocolate cake, and Victoria Sponge cakes are popular in the country.
In November 2020, a national survey conducted by the food delivery app Foodhub identified cheesecake (42%) as the most favored cake in the nation, closely followed by chocolate cake (41%) and Victoria Sponge (32%).
The findings from the National Cake Day survey also indicated that Britons indulge in cake consumption two to three times per week. In April 2021, Cake Box announced the opening of 52 new shops as the retailer saw an increase in sales in the past year despite the challenges posed by the pandemic.
The egg-free cream cake retailer reported that it expected a remarkable revenue growth of approximately 16% for the fiscal year ending in March 2020. This positive outcome is attributed to the success of newly established stores, indicating a sustained demand for Cake Box products.
- U.K. Cake Market Product Outlook (Revenue, USD Million , 2018-2030)
- Cupcakes
- Sponge Cakes
- Dessert Cakes
- Others
- U.K. Cake Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Foodservice
- Retail
Reasons to subscribe to Cake Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Cake Market Outlook databook
- Our clientele includes a mix of Cake Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.K. Cake Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Cake Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Cake Market, 2018-2030 (US$M)
UK cake market statistics, by product, 2018-2030 (US$M)
