Authored By: Sarah
04 Jan 2021

Muffins Market Size to Grow by $ 1.19 bn through 2021-2025

The muffins market is expected to grow by $ 1.19 bn, accelerating at a CAGR of almost 3% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free Sample Report

Muffins Market: Segmentation by Product

This report provides a detailed analysis of the market by Product (Artisanal muffins and Packaged muffins), Distribution Channel (Offline and Online), and Geography (North America, Europe, APAC, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Muffins Market to Grow by Over USD 1 Billion through 2021-2025 | Increasing Demand for Gluten-free and Healthy foods to Boost Growth

Muffins Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aryzta AG, Associated British Foods Plc, BAB Systems Inc., Flowers Foods Inc., Grupo Bimbo SAB de CV, Hostess Brands Inc., JAB Holding Co. Sarl, McCain Foods Ltd., McKee Foods, and Mondelez International Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The Global Muffins Market is expected to grow by USD 1.19 billion accelerating at a CAGR of over 3% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. Download our free sample report with COVID-19 analysis 

Muffins Market to Grow by Over USD 1 Billion through 2021-2025 | Increasing Demand for Gluten-free and Healthy foods to Boost Growth

Muffins Market: Segmentation by Product

During 2019, the Artisana segment dominated the global Muffins Market in 2019. Artisanal or in-store muffins refer to the freshly cooked muffins in bakery stores, which are prepared on a regular basis. Many consumers prefer artisanal muffins for breakfast, lunch, or snacks, as these muffins are freshly baked every day by vendors at cafes or stores. In addition, artisanal muffins are often made with healthy ingredients that are low in cholesterol. In recent times, large wholesale and retail chains like Costco Wholesale and Ikea have started their own in-store food joints where they offer bakery products, including muffins. This will propel the growth of the artisanal muffins market at large, as this way a greater number of customers can be targeted.

The growing demand for portion snacking products among consumers is one of the major factors that will have a positive impact on the muffins market growth. The vendors are focusing on offering healthy and high-quality products to meet consumers’ changing requirements. The growing demand for gluten-free and healthy foods is one of the most important factors driving the demand for muffins.

Muffins Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aryzta AG, Associated British Foods Plc, BAB Systems Inc., Flowers Foods Inc., Grupo Bimbo SAB de CV, Hostess Brands Inc., JAB Holding Co. Sarl, McCain Foods Ltd., McKee Foods, and Mondelez International Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio forecasts three scenarios (optimistic, probable, and pessimistic) to evaluate the impact of COVID-19 Download a Free Sample Report. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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