Explore the latest innovation in cakes, pastries and sweet goods in 2024 with Mintel’s global innovation report. The report identifies the major launch activities, pivotal consumer attitudes and most important product development of the year across regions EMEA, APAC, and the Americas.
Key innovation trends in the sweet baked goods market are analysed and succinctly presented alongside Mintel’s consumer data and insights. So you can understand changing consumer demands and identify future growth opportunities.
This report also presents Mintel’s analysts’ pick of the most innovative launches in the global cakes market. Understanding innovation in cakes, pastries and sweet baked goods has never been so easy.
To discover more about the global sweet bakery market, read The Future of Bread, Bakery and Cakes or take a look at Mintel’s extensive baked goods market research.
This report is written by Zoe Wong. Zoe joined the Food & Drink team in March 2023, having previously worked in Mintel GNPD Operations. In her current role, she researches and writes category reports. Zoe has a background in NGO fundraising and corporate communications and has a Bachelor of Arts degree in Communication Studies from the University of Western Australia.
Indulgent experience remains the mainstay of this category, driven by taste and texture. Better-for-you claims are also inspiring innovations.
Zoe Wong
Junior Analyst – Food & Drink, BPCH
Mintel is the world’s leading market intelligence agency. We show you how consumers think today and tomorrow. As a trusted partner to industry leaders, we deliver game-changing insights to businesses across the globe, fuelling their marketing and innovation strategies that will shape the future.
Access high-quality market research with every purchase of Mintel’s Year of Innovation reports. Here’s what else is included in your report purchase:
From consumer reports to customised growth strategies. We have an option to suit your business requirements.
Find out more£ 5,000 – £ 21,600
Mintel’s 2024-25 Global Outlook on Sustainability: A Consumer Study is designed to help you understand what brands and companies should prioritise in order to educate consumers and ensure...
Find out more£ 2,195
Potential exists to revamp sliced bread, turn sweet bakery items into portion-controlled treats, leverage aquafaba and embrace regenerative agriculture practices. Honorata Jarocka, Principal Analyst ...
Find out more£ 2,195
Health trends and dietary shifts are inspiring innovations in baking ingredients and sugar. Brands are also exploring cost-effective solutions for home baking. Zoe Wong, Junior Analyst - Food &...
Find out more£ 2,195
Consumers will appreciate multi-sensory snacking experiences, healthy snacking habits will evolve in response to GLP-1 drugs, and supply chains will undergo changes. Jolene Ng, Senior Food and Drink Analyst ...
Find out more£ 2,195
Health trends and dietary shifts are inspiring innovations in baking ingredients and sugar. Brands are also exploring cost-effective solutions for home baking. Zoe Wong, Junior Analyst - Food &...
Find out more£ 2,195
Chocolate's future lies in elevating indulgence, crafting guilt-free options with less sugar, and embracing cocoa-free, longevity-themed and artistic innovation. Honorata Jarocka, Associate Director ...
Find out more
We utilize Mintel Reports, Trends and Comperemedia to mine for insights across the numerous business verticals that Epsilon serves, such as CPG, automotive, telecom, healthcare/pharma, retail and financial services.
By integrating Mintel insight into new business opportunities, we have been able to gain the competitive edge necessary to advance partnerships with global brands and key business players.
For our organization, it’s about depth and breadth. Having one without the other doesn’t enable success in our business.
When I’m investigating specific sectors I tend to use Mintel reports for their forecasting, which I’ve always found to be very accurate.
They also offer really broad and deep coverage in their reports. They are very, very detailed. For example, we were able to gain insight across a wide range of business areas from just one report, proving that Mintel is excellent value for money.
So overall, it’s the level of detail and the quality of forecasting that really stand out for me.
Working in a customer-obsessed organization means that data and insights have to be at our fingertips. Mintel’s reports help us support anecdotes with real quantifiable insights. The summary sections (which I really like) helps save time by giving a birds eye view of the content before spending time combing through the pages.
Our business review discussions are strengthened by the relevancy of the reports to help us better understand our customers. In addition, the customer service received from the team (especially in crunch periods) makes the process of understanding customer behavior even better.
Mintel helps us when we want to know something quickly – it provides fast answers to our questions. If we need to get a view of what’s going on in a particular market it’s very useful.
When carrying out background research, I find Mintel an excellent starting point.
The fact that it covers so many markets is a big plus for me– instead of having to buy specialist products in each area we are interested in, especially when we only require a brief view on a particular market, we can go to Mintel for help as a one-stop shop. I find Mintel a useful and valuable resource.
We use Mintel Reports, mostly for financial services and ecommerce markets, plus a few retail and technology ones.
As a leading payments provider, we value additional insights into consumer behaviour, opinions and trends that are shaping the many different markets we operate in. Mintel is a very good and very quick way for us to obtain those insights.
We use Mintel to get a view on where a particular market is going, which can support us in product development and help us identify opportunities or indeed risks, it is a very useful barometer of a market’s potential.
From consumer reports to customised growth strategies. We have an option to suit your business requirements.
Find out more
