Low Fat Chocolate Cake: Market outlook
The emergence of applications of the terms ‘cholesterol-free’, ‘fat-free’, and ‘low-fat’ in sweet bakery products have led to a surge in demand for low fat chocolate cake.
Low fat chocolate cake has gained immense popularity among the consumers worldwide as more bakery products manufacturers are offering low fat chocolate cake as a healthy alternative over other cakes.
The low fat chocolate cake market is also driven by the consumer’s conflict between indulgence and health. The bakery and confectionery sector has responded to this ongoing conflict by offering a wide variety of new low fat product introductions intended to meet consumer demand for a healthier lifestyle.
Thus, low fat chocolate cake stands in premium quality products and is often consumed to satisfy the craving for indulgence.
Also, many manufacturers of cakes have been introducing low fat chocolate cake with added benefits of health. The bakers are also concentrating on offering healthy products which contain low fats and calories.
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Global Low Fat Chocolate Cake: Market Segmentation
- On the basis of category, global low fat chocolate cake market can be segmented as:-
- Packaged
- Unpackaged
- On the basis of product type, global low fat chocolate cake market can be segmented as:-
- Cup Cakes
- Sponge Cakes
- Other Cakes
- On the basis of end-use, global low fat chocolate cake market can be segmented as:-
- Bakery & Pastry Shops
- Confectionery Shops
- Restaurants & Hotels
- Household
- On the basis of distribution channel, global low fat chocolate cake market can be segmented as:-
- Super Markets/ Hyper Markets
- Convenience Stores
- Specialty Stores
- Others
Global Low Fat Chocolate Cake Market: Key Players
Some of the key players operating their business in the global low fat chocolate cake market are
- Yamazaki Baking Co.
- Finsbury Food Group Plc Ltd.
- Grupo Bimbo
- MCKEE FOODS
- BreadTalk Group Limited
- Hostess Brands, LLC.
- Campbell Soup Company (Pepperidge Farm)
- Monginis
- George Weston Limited
- Britannia Industries Limited.
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Global Low Fat Chocolate Cake Market: Regional Analysis
In the year 2019, Europe had the dominant share in the global low fat chocolate cake market. Various European countries such as Italy, Belgium, Switzerland, and France are famous for their delicious bakery products, especially cakes.
Such countries have a wide range of cakes that are commonly eaten by both locals and visitors.
One of the main factors driving the low fat chocolate cake market in Europe is also the rising number of food tourists. An increasing number of food tourists is also one of the key factors driving the low fat chocolate cake market in Europe. Also, Asia Pacific is projected to grow with a significant CAGR from 2020 to 2030.
The low fat chocolate cake market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the low fat chocolate cake market, including but not limited to: regional markets, type, end-use, and distribution channel.
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