Cake Market Outlook: The Rise of Online Sales and Artisanal Products
The global cake market was valued at USD 65.68 billion in 2023 and is projected to reach USD 80.42 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 3.0% from 2024 to 2030. A primary driver of this growth is the enduring tradition of celebrating special occasions and successes with cake cutting.   The market is also significantly boosted by the increasing demand...
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