Piece of cake: New and innovative flavors and products will boost industry revenue

Although the industry began with a chilling start, the Frozen Cake and Pastry Manufacturing industry ultimately expanded over the five years to 2018. Rising health consciousness, changing consumer tastes and competition from fresh bakery items has hampered demand for traditional industry products. In response to these trends, industry operators have focused on reformulating their existing dessert selections with healthier, higher quality ingredients. Furthermore, operators also experimented with new flavor combinations while launching single-serving varieties that appeal to a wider range of health-conscious consumers...purchase to read more.

Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 13-18
0.8%
Forecast Growth 18-23
Profit
Employment
21,719
Businesses
228

Industry Threats & Opportunities

  • Operators have experimented with natural ingredients in response to rising health consciousness
  • Consumer health concerns over frozen cakes and pastries have affected the industry
  • Operators will continue to sustain sales by experimenting with new flavors
  • Industry Report - Industry SWOT Analysis Chapter

    The Frozen Cake and Pastry Manufacturing industry is in the mature stage of its life cycle. Over the 10 years to 2023, industry value added (IVA), which measures an industry's contribution to the economy, is expected to increase at an annualized rate of 1.8%. In comparison, GDP is expected to grow at an annualized rate of 2.1% over the same 10-year period. While this industry has slightly underperformed the economy over the past five years, ongoing product innovation and strong growth within some product segments, particularly the single-serving frozen pie and cheesecake categories, characterize the industry as mature...purchase to read more.

    Additional Insights for the Frozen Cake & Pastry Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Frozen Cake & Pastry Manufacturing Industry are

  • Product differentiation
  • Ability to adapt to change
  • Supply contracts in place for key inputs
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Healthy eating index in the Frozen Cake & Pastry Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Frozen Cake & Pastry Manufacturing Industry?

    This industry manufactures an array of frozen sweet bakery products, including soft cakes, cheesecakes, doughnuts, pies and cookies.

    Industry Products
  • Frozen soft cakes
  • Frozen pies
  • Frozen cheesecakes
  • All other frozen pastries
  • Industry Activities
  • Frozen baked goods (except bread and bread-type rolls)
  • Frozen cake
  • Frozen doughnuts
  • Frozen pies
  • Frozen pastries (e.g. Danish, French)
  • Frozen crullers
  • Frozen knishes
  • Frozen sweet yeast goods
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Healthy eating index
  • Per capita sugar and sweetener consumption
  • Demand from supermarkets and grocery stores
  • Trade-weighted index

  • Current Performance
  • Consumer trends drive innovation
  • Profit margins and industry structure
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued product innovation
  • Industry structure
  • International trade
  • Table: Frozen Cake & Pastry Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Frozen Cake & Pastry Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Grocery Wholesaling
  • Supermarkets & Grocery Stores
  • Convenience Stores
  • Community Food Services
  • Food Service Contractors

  • Key Selling Industries
  • Flour Milling
  • Sugar Processing
  • Wheat, Barley & Sorghum Farming

  • Products & Services
  • Frozen pies
  • Frozen soft cakes
  • Frozen cheesecakes
  • All other frozen pastries
  • Chart: Frozen Cake & Pastry Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Grocery wholesalers
  • Retailers
  • Food service establishments
  • Exports
  • Chart: Major Market Segmentation for the Frozen Cake & Pastry Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Frozen Cake & Pastry Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Frozen Cake & Pastry Manufacturing Industry

  • Industry Globalization
    Schwan's Company, Conagra Brands Inc.,
  • Table: Schwan's Company - financial performance
  • Table: Conagra Brands Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Frozen Cake & Pastry Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Frozen Cake & Pastry Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Healthy eating index (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Blanching
  • A cooking technique in which food is briefly immersed in boiling water or fat.
  • Flash Freezing
  • A freezing technique in which water contained inside a food source is subjected to temperatures well below its freezing point.
  • Gluten
  • A protein found naturally in wheat that gives bread its elasticity, enabling it to rise during fermentation and baking.
  • Organic
  • Food that is produced without the use of synthetic fertilizers and pesticides.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Frozen Cake & Pastry Manufacturing Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Frozen Cake & Pastry Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Frozen Cake & Pastry Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Frozen Cake & Pastry Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear