What is the size of Cake Market in India?
According to 6Wresearch internal database and industry insights, the
India cake market is predicted to rise at a substantial CAGR of 6.8% during the forecast period 2025-2031.
The cake market in India is growing worldwide with the moderate speed due to increasing urbanization, rising disposable incomes, and growing consumer preference for indulgent food products
Key Growth Factors
- Development of middle-class population with higher spending power and changing food preferences.
- Rising influence of western bakery trends, including eggless and vegan cake variants.
- Increasing demand for premium and customized cakes for celebrations and special occasions.
- Growing popularity of online cake delivery services, fuelled by the growth of e-commerce platforms.
- Growth in the bakery and confectionery industry across urban and semi-urban areas.
Market Trends
India cake market is expected to thrive significantly during the forecast period 2025-2031. The growth of market is due to increasing popularity of premium and artisanal cakes. The demand for health-conscious products is increasing such as sugar-free, gluten-free, and vegan cakes. These cakes are also shaping the dynamics of market. Further, the growth of e-commerce is driving online cake delivery services, making cakes more accessible in tier II and tier III cities. Furthermore, the innovations are continued to happen in flavours, designs, and packaging are attracting more consumers.
Major Companies in the Cake Market in India
- Monginis
- Britannia Industries
- ITC Limited
- Fabelle by ITC
- Parle Agro
- Bakers Basket
- Dunkin’ Donuts India
- Haldiram’s
- Celebrations Cakes & More
Cake market (2025-2031): FAQs
Rising demand for premium, customized, and health-focused cakes, alongside the growth of online delivery platforms.
High competition in the bakery segment and fluctuating raw material prices are the biggest challenges faced in the market.
Premium and customized cakes for celebrations and health-conscious variants are growing segments.
The market is projected to flourish at a CAGR of 6.8% during 2025–2031.
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