Published on : Jul 26, 2018
Albany, New York, July 26, 2018: In the present time, consumers who have busy schedules and lead hectic lifestyles rely on doughnut shops to have their breakfast. It has been analyzed that doughnuts have been massively popular in the United States where they are written as donuts and are a popular breakfast for many when coupled with a coffee. In order to provide information on its global market scenario, Market Research Hub (MRH) has publicized a study titled “Global Doughnuts Market Research Report 2018” to its online repository. This smart research study offers a holistic perspective on the market’s growth in terms of revenue in US$ Mn, across different geographical regions namely North America, India, China, Europe, Southeast Asia and Japan.
The study looks into vital market indicators which include drivers, restraints, and opportunities expected to influence the growth of doughnuts market through the year 2025. It has been clearly stated in the study that doughnut is widespread in many countries and prepared in several forms as a sweet snack that can be homemade or purchased in food stalls, bakeries, supermarkets, and franchised specialty vendors. Doughnuts are made from the same ingredients as cookies, but they also have yeast in them to give them a more bead-like quality than unleavened cookies.
According to the research projections, the global doughnuts market has showcased noteworthy growth over the past few years and is anticipated to generate substantial revenue in future till 2025. In addition, the global doughnuts market is projected to grow at a robust CAGR over the period 2018-2025. The geographical segregation of the report reveals that the consumption market is currently leading by Japan, Korea, Australia and Taiwan. Moreover, sales in Southeast Asia, China Mainland and India will see significant growth in the coming years. In 2017, Japan holds the largest market share, with about 924.13 Million USD sales revenue, followed by China (Taiwan included), with about 21.44% market share in the year 2017.
Moving further, the study explains opportunities present in the doughnut market by segmenting it on the basis of type and application. On the basis of product type, the study covers cake style and yeast style. On the other hand, major applications include food service, retail and other. The in-depth information by segments of doughnut market helps to monitor performance & make critical decisions for growth and profitability.
The concluding chapter is entirely dedicated to the competitive assessment of the doughnuts market, featuring some of the top companies operating in the market. Key players profiled in this study include Dunkin Brands, Go Nuts Donuts, Mad Over Donuts, Starbucks, Krispy Kreme Doughnuts, McDonald's, Donut King, Mister Donut, Doughnut Time and J.CO Donuts.
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