It is expected to reach $13-14bn by 2025 with CAGR growth of 9%+ during 2020-2025. More urbanisation and an increase in the working population have led to a rise in out-of-home food consumption. And cakes have been at the top of the preference list for a lot of consumers because of its convenience and taste factor. Sponge cakes, cupcakes, cheese cakes, cake pops and much more have now become ubiquitous in the Indian market.
2020 and 2021 led to more people being confined to their homes than ever before. In response to this sudden change, we witnessed a rise in home cooks as more people discovered their passion for making desserts and home baking. This has also led to significant growth in the cake market and cake has now emerged as the clear new favorite food for dessert enthusiasts.
FOLLOWING ARE SOME OF THE MOST SIGNIFICANT INDUSTRY TRENDS THAT ARE SHAPING THE WAY WE CONSUME CAKES.
Denne historien er fra February 2022-utgaven av Food Marketing & Technology - India.
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Denne historien er fra February 2022-utgaven av Food Marketing & Technology - India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Avocados: Health Benefits And Sustainable Cultivation
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UFlex to Showcase Innovative and Sustainable Printing and Packaging solutions at DRUPA 2024
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Hubergroup and Manroland Goss unite for Sustainable Packaging Innovation
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Sustainability has gone mainstream. With more switching to consumers environmentally friendly brands, it's become a central theme across all industries.
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Implementing the Technological Intelligence in Agricultural Produce
It is estimated that by 2050 the I world's population will be around 10 billion. From employment generation to contribution to National Income, agriculture is important to all of us as agricultural produce is the core on which we survive. It contributes a significant portion to the economic prosperity of the developed nations and plays an active part in the economy of the developing countries as well.
Cocoa Crises: A Sweet Industry's Bitter Challenge
As a pastry chef and entrepreneur running a small-scale baking business, I have always believed in the magic of cocoa. From the velvety richness of couverture chocolate to the deep, earthy notes of cocoa powder to the creamy allure of cocoa butter, these ingredients are the essence of our creations.
Ethylene Oxide (ETO) Detection in Ready-Made Spice Mixes: Ensuring Food Safety
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