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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Muffins Market Size
The global muffins market size reached a value of more than USD 10.16 billion in 2023. The market is further expected to grow at a CAGR of 3.30% between 2024 and 2032, reaching a value of USD 13.58 billion by 2032.
Key Trends in the Market
Muffin is a small baked bread product, typically in the shape of a cup which is available in individual pierces. Common ingredients include eggs, flour, milk, cornmeal, baking powder, butter, and sugar. These small hot cakes are usually consumed with butter and sometimes might contain fruits or bran. Muffins are believed to be well prepared when they have no peaks, the crust of the muffin is neither too rough nor too smooth instead it’s pebbled, the crumb is moist, and it has a chewy texture.
- Muffins are immensely versatile and be customised to suit the preferences of consumers. Bakers are experimenting muffins, increasing their popularity among consumers. Changing taste and preferences of the consumers has encouraged variations in muffins which is thereby helping in the growth of the muffins market.
- Packaged muffins are minimally processed which makes it a healthy and long-lasting food product. Minimally processed muffins can be stored for a greater amount of time allowing it to remain fresh and safe for a longer time increasing its demand from the consumers.
- Specific muffins such as whole wheat English muffins are healthier than bread as they contain less calories, fats, sugar, and carbohydrates and contain manganese which helps in the metabolism, maintaining bone health, and brain functioning.
Muffins Market Report Snapshots
*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 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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124