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Freedonia Market Research Press Releases Home Baking Products Market to Reach $78.3 Billion in 2027

Home Baking Products Market to Reach $78.3 Billion in 2027

by Cara Rasch

March 6, 2023

Baking mixes and prepared doughs/crusts are convenient for more casual bakers

ROCKVILLE, Md., March 6, 2023 -- Consumers who bake at home, especially those who are newer to baking or strapped for time, are interested in low-maintenance products that make baking easier. Baking mixes and prepared doughs/crusts are convenient for more casual bakers or those who do not have the time or desire to make everything from scratch.

These “semi-homemade” baking products make baking easier for these casual bakers, but those who bake more often may also use these as a shortcut as part of a creative project. For instance, some consumers may add additional ingredients or substitute ingredients called for in a box mix. Similarly, bakers may use a box mix for a different application (e.g., using a cake mix to make cookies or a pie crust).

Additionally, baking kits that are similar to meal kits may help to teach consumers how to bake, as they contain step-by-step instructions and pre-measured ingredients. These products are attractive to a variety of consumers, especially newer bakers and those with smaller households, as baking kits reduce food waste due to containing the right amount of ingredients (whereas many baking products are sold in large containers meant for multiple uses).

According to Packaged Facts’ new report Home Baking: US Trends and Opportunities, in 2020, the coronavirus pandemic had a significant effect on home baking activity. Many consumers began baking at home more as they spent more time at home for work or school and were looking to find new hobbies. Baking could provide some consumers with personal enjoyment or a more productive way to spend their time when they were stuck at home. Thus, 2020 saw fast increases in sales of home baking products.

For more information see the Home Baking: US Trends and Opportunities report page.
Particular attention is dedicated to the market impact of e-commerce and the coronavirus pandemic.

About Packaged Facts  
Packaged Facts, a division of MarketResearch.com, publishes market intelligence on a wide range of consumer market topics, including consumer demographics and shopper insights, the food and beverage market, consumer financial products and services, consumer goods and retailing, and pet products and services. Packaged Facts also offers a full range of custom research services. Reports can be purchased at our company website and are also available through MarketResearch.com.

For more essential insights from Packaged Facts be sure to follow us on Twitter (@packaged_facts), LinkedIn, and YouTube.

Media Contact: [email protected]  
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Press Contact:
Corinne Gangloff
+1 440.842.2400
[email protected]
SOURCE Packaged Facts
 

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