Latest News- Doughnuts Market in North America: Foodservice is expected to lead the End-user segment during 2024-2028

The Doughnuts Market in North America is being driven by Increased snacking and indulgence consumption

The Doughnuts Market in North America is expected to grow at a CAGR of 3.9% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1770 million. In the North American doughnuts market, the proliferation of smartphones and the widespread availability of the Internet are driving the growth of online doughnut sales. Consumers now have the flexibility to browse and purchase doughnuts from various e-commerce portals, including brand-owned websites and pure-play e-retailers. Major online retailers like Amazon and eBay are capitalizing on this trend, offering a vast selection of doughnuts and personalized shopping experiences. Online platforms enable consumers to access detailed product information, compare doughnuts based on ingredients, and receive customized recommendations. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Foodservice
  • Retail
• Product
  • Regular-sized yeast doughnuts
  • Regular-sized cake doughnuts
  • Mini-sized yeast doughnuts
  • Mini-sized cake doughnuts
• Product Type
  • Yeast Doughnuts
  • Cake Doughnuts
  • Filled Doughnuts
  • Others
• Consumer Segment
  • Household
  • Commercial (Cafes, Restaurants)
  • Institutional
• Geography
  • North America
    • Canada
    • Mexico
    • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increased snacking and indulgence consumption
• Rising prominence of in-store bakeries in supermarkets
• Strong distribution network between bakery product manufacturers and customers

However, the market also witnesses some limitations, which are as follows:

• Increasing obesity may cause restrain
• Volatility of raw material prices
• Stringent regulations leading to product recalls

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Market Scope in Doughnuts Market in North America Research Report

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Research Analysis Overview

The North American doughnut market encompasses various aspects, including deep frying techniques, doughnut storage methods, and flavor compound analyses. Texture profiling, consumer segmentation, and sensory evaluation are crucial for product development and quality assurance. Ingredient functionality, process optimization, and waste reduction strategies are essential for cost-effective manufacturing. Quality assurance procedures, pricing strategies, and distribution channels impact market positioning and brand identity. Packaging design, ingredient traceability, and shelf life studies ensure consumer satisfaction and safety. New product development relies on manufacturing processes, ingredient interactions, and adherence to quality standards and food safety protocols.

Market Research Overview

The North American doughnuts market encompasses businesses specializing in doughnut production, focusing on aspects such as glaze formulation, dough texture, frying optimization, and dough mixing techniques using leavening agents. Market size is determined by the consolidated revenue of these entities. Technavio's market analysis excludes equipment manufacturers and producers of beverages, including alcoholic and non-alcoholic varieties. Market expansion will be fueled by the consumer preference for minimally processed foods, offering health benefits like increased potassium, dietary fiber, folate, vitamin A, and vitamin C intake.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/