The Doughnuts Market in North America is expected to grow at a CAGR of 3.9% to reach USD 1770 million by 2028. The proliferation of smartphone usage and widespread Internet access in North America is driving the growth of online doughnut sales. Consumers now have the flexibility to browse and purchase doughnuts from various e-commerce platforms, including brand-owned websites and pure-play e-retailers. Major online marketplaces, such as Amazon and eBay, are significant players in this sector. Online shopping offers benefits like personalized assistance and product recommendations, enabling consumers to make informed decisions based on doughnut ingredients and other factors. E-commerce vendors facilitate the collection and comparison of information on multiple doughnut offerings, enhancing the overall shopping experience.
North America dominates the regional market because of The North American doughnuts market represents a significant business opportunity, with steady growth and increasing consumer demand. Key trends include the rise of artisanal and gourmet doughnuts, as well as the growing popularity of non-traditional flavors and toppings. Major players in the market include Dunkin' Brands, Krispy Kreme Doughnuts, and Tim Hortons, who leverage innovative marketing strategies and product offerings to capture market share. The market is expected to continue its growth trajectory, driven by consumer preferences for convenience, affordability, and variety.
There are various factors that drive the Doughnuts Market in North America market which are as following: In North America, the food industry has witnessed a significant shift in consumer behavior, with an increasing preference for snacks over traditional meals. Over the past decade, the number of consumers opting for snacks, particularly in developed regions like North America and Europe, has risen substantially. Time-constrained lifestyles have led many individuals to forego meals and opt for convenient, on-the-go food alternatives. Among these options, bakery products, including doughnuts, bread, rolls, and pies, have gained popularity, particularly for breakfast. Vendors have responded to this trend by introducing innovative offerings, such as doughnut sandwiches, which incorporate healthier ingredients. The nutritional value of doughnuts can be enhanced further by utilizing various types of bread, such as whole wheat or multigrain, and nutritious fillings.
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Doughnuts Market in North America Segmentation
The market witnesses several challenges, which are as follows The obesity epidemic in North America poses a significant challenge to public health, with adults and children alike experiencing increased rates of obesity and related health risks. According to IBISWorld, the obesity rate among North American adults aged 18 and older has grown annually by 1.2% over the past five years, reaching 32.74%. This trend is driving a shift in consumer preferences towards healthier, low-carb, and sugar-free dietary options. High-quality protein sources, such as bone broth, collagen, whey protein, lentils, beans, and legumes, are gaining popularity as alternatives to traditional high-sugar, high-carb foods. This shift in consumer behavior presents a potential opportunity for businesses operating in the health food sector.
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Some of the key companies that have been profiled in the report include:
The North American doughnuts market is a segment of the broader global packaged foods and meats industry, encompassing vendors engaged in the processing and packaging of doughnuts to enhance their shelf life and eliminate potential microbial contamination. According to Technavio's market analysis, the size of the global packaged foods and meats market is determined by the consolidated revenue generated by the participating vendors, excluding those specializing in food processing equipment production and packaged alcoholic and non-alcoholic beverages. Factors driving growth in this market include the health benefits associated with consuming minimally processed foods, such as doughnuts made with whole grains and fruits, which contribute essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. - The Doughnuts Market in North America is experiencing significant growth, fueled by the Increased snacking and indulgence consumption. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Title: Indulging in North American Doughnut Market: Jelly, Apple, Blueberry, and More! The North American doughnut market is a vibrant and diverse landscape of sweet treats, encompassing a wide range of flavors and dietary trends. From classic Jelly, Apple, and Blueberry donuts, to innovative Chocolate, Cake doughnuts, and Gourmet Products, there's a doughnut for every palate. Fried dough delights, such as Yeast Doughnuts and Coated, Sugar-Free, and Gluten-Free options, are available at Artisan Bakeries, Food stalls, Supermarkets, and even online for convenient ordering. Health-conscious consumers can enjoy Healthier Options like Grain-Free, Vegan, and Sugar-Free doughnuts. Chocolate lovers will be delighted with a variety of Chocolate-dipped and Chocolate-filled doughnuts. Dietary trends have given rise to unique shapes and flavors, such as Baked, Deep-Fried, and All-purpose flour doughnuts. Franchised suppliers and online sales have made these sweet indulgences more accessible than ever before. In conclusion, the North American doughnut market is a delicious melting pot of traditions and innovations, catering to various tastes and dietary needs. Whether you're craving a classic Jelly donut or an artisanal, vegan Apple donut, there's a doughnut for every occasion.
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