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Based on product, the muffins market can be bifurcated into in-store and packaged, among others. On the basis of taste, the market is categorised into savoury and sweet. By distribution channel, the market is segmented into hypermarkets and supermarkets, convenience stores, speciality stores, and online stores. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global muffins market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
*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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The global market size for muffins reached a value of more than USD 10.16 billion in 2023.
The market is projected to grow at a CAGR of 3.30% between 2024 and 2032.
The global market size for muffins is expected to reach a value of more than USD 13.58 billion by 2032.
The major market drivers are convenience of individually-sized portions, changing taste and preferences, and easy accessibility at stores.
The key trends of the muffins market are rising health consciousness, availability of minimally processed muffins, and innovations in different flavours and sizes.
Key market players include Bimbo Bakeries USA, Inc., George Weston Foods Limited, Flowers Foods, Inc., Hostess Brands, Inc., ARYZTA Food Solutions Schweiz AG, and McKee Foods Corporation, among others.
Muffins are small, round, and individually portioned bread products that may be available in sweet or savoury taste profiles with additional flavourings.
Advantages associated with muffins is that they are prepared in individually sized portions that are portable and can be purchased or prepared in larger volumes.
The global market for muffins is segmented based on product, taste, distribution channel and major regions.
On the basis of product, the market is categorised into in-store and packaged.
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