According to a new report, published by KBV research, The Global Doughnuts Market size is expected to reach $15.4 billion by 2031, rising at a market growth of 4.9% CAGR during the forecast period.
Advancements in baking technology are enhancing doughnut production. Innovations such as automated mixing and frying equipment improve consistency and efficiency, allowing higher-quality products and faster production times. Technology is also being used to develop new baking techniques, such as air-frying, which offers a healthier alternative to traditional deep-frying. Doughnut brands are embracing interactive and experiential marketing strategies to engage consumers.
The Yeast Doughnuts segment captured the maximum revenue in the Global Doughnuts Market by Base Type in 2023, thereby, achieving a market value of $9.3 billion by 2031. The yeast fermentation process creates a soft and fluffy crumb that many consumers find more appealing than cake doughnuts’ denser texture. Yeast doughnuts are typically perceived as fresher and higher quality.
The Food Service Channels segment is growing at a CAGR of 4.2% during the forecast period. Foodservice channels, such as coffee shops, quick-service restaurants, and convenience stores, provide a convenient option for consumers looking for a quick, satisfying snack or breakfast. Doughnuts fit well into this on-the-go consumption trend, driving their popularity in these settings.
Full Report: https://www.kbvresearch.com/doughnuts-market/
The North America region dominated the Global Doughnuts Market by Region in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $7.5 billion by 2031. The Europe region is anticipated to grow at a CAGR of 4.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 5.9% during (2024 - 2031).
By Base Type
By Distribution Channel
Unique Offerings 
