Report Overview

The Australia cake market is estimated to be valued at AUD 1.35 billion in 2023. It is expected to grow at a CAGR of 3.03 % between 2024 and 2032 to reach almost AUD 1.77 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • ABS Labour Force Survey reported that, in February 2024, Victoria accounted for 23.8% of all bakers and pastrycooks in the industry.
  • Further, in February 2024, Queensland accounted for 20.8% of all bakers and pastrycooks in the industry.
  • As per the ABS Labour Force Survey, in 2023, 77% of bakers and pastrycooks worked full-time hours in Australia.

Australia Cake Market Growth

Compound Annual Growth Rate

Value in AUD billion

3.03%

2024-2032


Australia Cake Market Outlook

*this image is indicative*

Based on product type, the Australia cake market is driven by unpackaged/artisanal forms, as they can be customised according to the consumers dietary needs and specific occasions

The Australian cake market is experiencing growth as artisanal cake makers frequently provide customization options, enabling customers to request specific flavors, designs, and decorations that suit their preferences. This personalized approach boosts customer satisfaction and loyalty, contributing to the Australia cake industry growth. The packaged form of cake has a longer shelf life due to the addition of preservatives and acts as a convenient option due to the reduction in baking time.

Australia Cake Market Summary Description Value
Base Year AUD Billion 2023
Historical period AUD Billion 2018-2023
Forecast Period AUD Billion 2024-2032
Market Size 2023 AUD Billion 1.7
Market Size 2032 AUD Billion 2.2
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 3.0%
CAGR 2024-2032 - Market by Region Australian Capital Territory 3.5%
CAGR 2024-2032 - Market by Region Others 3.1%
CAGR 2024-2032 - Market by Product Type Cheesecakes 3.4%
CAGR 2024-2032 - Market by Form Packaged 3.3%
Market Share by Region New South Wales XX%

Australia Cake Market Report

In March 2024, The Hallway, an independent advertising agency, collaborated with Sydney's Wholegreen Bakery to challenge gluten-free sceptics with the introduction of a Coeliac Australia-certified cardboard cake.

The Australia cake market development is driven by several factors. The increasing use of eco-friendly packaging. Moreover, cake makers are catering to consumer preferences by offering customisation options such as custom flavours, designs, and decorations. Furthermore, skills development is occurring through the rise in cake decorating classes and DIY cake kits, enhancing interactive experiences for individuals. Additionally, the production of cakes is adapting to the growing health consciousness and diverse dietary preferences, with ingredients including plant-based alternatives and natural sweeteners gaining popularity.

Australia Cake Market Segmentation

Australia Cake Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Form

  • Packaged
  • Unpackaged/Artisanal

Market Breakup by Product Type

  • Cupcakes
  • Cheesecakes
  • Dessert Cakes
  • Sponge Cakes
  • Others

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Cake Market Share

Supermarkets and hypermarkets hold a major share of the Australia cake market due to their extensive distribution networks, variety of offerings, brand visibility, competitive pricing strategies, convenience, seasonal management, adherence to quality standards, and adoption of online retail innovations.

CAGR 2024-2032 - Market by Region
Australian Capital Territory 3.5%
Others 3.1%
Queensland 2.7%
New South Wales XX%
Victoria XX%
Western Australia XX%

Leading Companies in the Australia cake market

The growth of the Australia cake market is driven by health-conscious choices, customisation options, artisanal offerings, e-commerce convenience, celebratory demand, sustainability initiatives, innovative flavours, cultural diversity, social media impact, and adherence to health standards.

  • Black Velvet & Co Pty Ltd.
  • Sugar High Australia Pty Ltd. (Cake Mail)
  • Cakes2U
  • Ferguson Plarre Bakehouses Pty Ltd.
  • Town Inn Pty Ltd. (Miss Maud)
  • Khatib Pty Ltd. (Looma’s)
  • Marks Quality Cakes
  • Mrs Jones The Baker
  • Sydney SmashCakes
  • Sydney Cake House Sdn. Bhd.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at AUD 1.35 billion in 2023.

The market is projected to grow at a CAGR of 3.03% between 2024 and 2032.

The revenue generated from the cake market is expected to reach AUD 1.77 billion in 2032.

Based on the form, the cake market is bifurcated into packaged and unpackaged/artisanal.

Key players in the cake industry are Black Velvet & Co Pty Ltd., Sugar High Australia Pty Ltd. (Cake Mail), Cakes2U, Ferguson Plarre Bakehouses Pty Ltd., Town Inn Pty Ltd. (Miss Maud), Marks Quality Cakes, Mrs Jones The Baker, Sydney SmashCakes, and Sydney Cake House Sdn. Bhd. among others.

Based on product type, the cake market is divided into cheesecakes, cupcakes, dessert cakes, sponge cakes, and others.

Based on the distribution channel, the cake market is bifurcated into supermarkets and hypermarkets, convenience stores, speciality stores, online, and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Product Type
  • Distribution Channel
  • Region
Breakup by Form
  • Packaged
  • Unpackaged/Artisanal
Breakup by Product Type
  • Cupcakes
  • Cheesecakes
  • Dessert Cakes
  • Sponge Cakes
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Black Velvet & Co Pty Ltd.
  • Sugar High Australia Pty Ltd. (Cake Mail)
  • Cakes2U
  • Ferguson Plarre Bakehouses Pty Ltd.
  • Town Inn Pty Ltd. (Miss Maud)
  • Khatib Pty Ltd. (Looma’s)
  • Marks Quality Cakes
  • Mrs Jones The Baker
  • Sydney SmashCakes
  • Sydney Cake House Sdn. Bhd.

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