Global Cheesecakes Market Size, Share, and COVID-19 Impact Analysis, By Type (Baked Cheesecake and Non-Baked ), By Flavors (New York Original Cheesecake, Fruit Flavoured Cheesecake, Chocolate Flavoured Cheesecake, Pumpkin Cheesecake, Key Lime/Lime Cheesecake, Others), By Product Form (Ready to Eat, Frozen, Cheesecake Mixes and Baking Kits), By Distribution Channel (Offline and Online), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: Food & BeveragesGlobal Cheesecakes Market Insights Forecasts to 2033
- The Global Cheesecakes Market Size was estimated at USD 21.26 Billion in 2023
- The Market Size is Expected to Grow at a CAGR of around 4.38% from 2023 to 2033
- The Worldwide Cheesecakes Market Size is Expected to Reach USD 32.64 Billion by 2033
- Asia Pacific is expected to Grow the fastest during the forecast period.
Get more details on this report -
The Global Cheesecakes Market Size was worth around USD 21.26 Billion in 2023 and is predicted to Grow to around USD 32.64 Billion by 2033 with a compound annual growth rate (CAGR) of 4.38% between 2023 and 2033. The market for cheesecakes is being led by surging demand for rich and high-end desserts, growth of social media and food culture, popularity of western desserts in the emerging markets and new product developments.
Market Overview
The cheesecake industry is the global market that involves the manufacturing, distribution, and sale of cheesecakes, a popular dessert usually composed of cream cheese, eggs, sugar, and other ingredients such as fruits, chocolate, and crusts. Cheesecakes may be offered in different forms such as baked, unbaked, and frozen types, and come in several flavors such as classic New York-style, fruit-flavored, chocolate, or seasonal types. Moreover, the growing demand for cheesecakes as desserts following meals at dine-out and weekend occasions among millennials and Generation Z consumers globally is approximated to fuel industry growth in the foreseeable future. Additionally, cheesecake producers are continually testing new flavors and textures to suit different tastes. These range from fruit-flavored cheesecakes, chocolate cheesecakes, and savory cheesecakes to fusion cheesecakes using exotic or indigenous ingredients. Most cheesecake brands have seasonal or limited-edition flavors, which creates a buzz around the product and makes people purchase it at certain times of the year.
Report Coverage
This research report categorizes the cheesecakes market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the cheesecakes market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the cheesecakes market.
Global Cheesecakes Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 21.26 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.38% |
2033 Value Projection: | USD 32.64 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 203 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Type, By Flavors, By Product Form, By Distribution Channel and By Region |
Companies covered:: | Bakeway, Cheesecake & Co., The Cheesecake Factory, Kraft Heinz, FranGlobal, Grand Lux, Eli’s Cheesecake Company, Junior’s Cheesecake, Sara Lee, Gu Desserts, and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
Cheesecakes are frequently regarded as an indulgent, premium dessert, and customers are willing to pay a premium for high-quality, rich treats. This increased demand for rich desserts is driving the growth of the cheesecake market. Furthermore, with increasing health awareness, the market has reacted by introducing healthier options, including low-fat, sugar-free, gluten-free, and plant-based cheesecakes. These developments support eating habits such as veganism, gluten intolerance, and keto diets, allowing cheesecake to appeal to a wider audience.
Restraining Factor
Cheesecakes are sometimes indulgent sweets with high levels of fat and sugar. Because health-conscious consumers are on the rise, there is a large base of customers choosing lower-calorie, better-for-you alternatives for desserts. As consumers steer away from these calorie-dense foods, market expansion for cheesecakes could be restricted. Additionally, economic considerations like inflation or supply chain interruptions can increase the cost of production, causing cheesecakes to be more costly for consumers and potentially restricting demand.
Market Segmentation
The cheesecakes market share is classified into type, flavors, product form, and distribution channel.
- The baked Cheesecakes segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the cheesecakes market is divided into baked cheesecake and non-baked. Among these, the baked cheesecakes segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to the baking process giving a distinctive texture and taste that most consumers equate with high-quality, genuine cheesecake. The subtle combination of creaminess and firmness is hard to achieve in non-baked versions, so baked cheesecakes are a popular option for those who want a superior dessert experience.
- The New York original cheesecake segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the flavors, the cheesecakes market is divided into New York original cheesecake, fruit-flavored cheesecake, chocolate-flavored cheesecake, pumpkin cheesecake, key lime/lime cheesecake, and others. Among these, The New York Original Cheesecake segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by the New York original cheesecake is regarded as the "gold standard" of cheesecakes. It has a rich, dense, and creamy texture that finds acceptance among diverse consumers. It's commonly thought of as the most traditional and authentic form of cheesecake, and therefore a favorite among home cooks and restaurants alike.
- The cheesecake mixes and baking kits segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the product form, the cheesecakes market is divided into ready-to-eat, frozen, cheesecake mixes, and baking kits. Among these, the cheesecake mixes and baking kits segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to baking kits being an easy, one-stop way for consumers, with pre-measured ingredients and instructions. This appeals to home bakers, since they desire to make a tasty cheesecake but are short of time or cannot do so from scratch. The ease of use and simplicity of these kits make them extremely popular among busy people and households.
- The offline segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the cheesecakes market is divided into offline and online. Among these, the offline segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The growth is attributed to numerous consumers who would like to purchase cheesecakes in physical stores or bakeries for the reason that one can touch, see, and taste the product before one makes a purchase. The shopping experience enables consumers to gauge the freshness, quality, and texture of the cheesecakes. The face-to-face experience creates assurance regarding the product, particularly for a superior-quality dessert like cheesecake.
Regional Segment Analysis of the Cheesecakes Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the cheesecakes market over the predicted timeframe.
Get more details on this report -
North America is anticipated to hold the largest share of the cheesecakes market over the predicted timeframe. Cheesecake, especially the New York Original Cheesecake, is deeply ingrained in the culture of North America, with a strong bias towards the United States. It's a classic dessert, traditionally linked to holidays, parties, and festive occasions. Its long history in American culinary culture gives it a prime market position for cheesecakes.
Asia Pacific is expected to grow at a rapid CAGR in the cheesecakes market during the forecast period. Western cuisine and dining culture are gaining popularity in most Asia Pacific nations, as a result of globalization and growing exposure to Western cuisine. Cheesecake, as a recognized Western dessert, is gaining momentum in more cosmopolitan markets such as Japan, South Korea, and China, which are more willing to embrace global food culture.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the cheesecakes market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Bakeway
- Cheesecake & Co.
- The Cheesecake Factory
- Kraft Heinz
- FranGlobal
- Grand Lux
- Eli's Cheesecake Company
- Junior's Cheesecake
- Sara Lee
- Gu Desserts
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In January 2025, Love & Cheesecake opened its 26th store in Bandra, Mumbai, on the vibrant Carter Road. The new store broadens its menu beyond its classic cheesecakes to include a healthy variety of baked goods and savory options.
- In August 2024, Regal-owned brands introduced a new range of frozen gateaux and cheesecakes for the food service sector. The Cake Emporium contains 18 hand-made varieties, such as Victoria Sponge, Carrot, Chocolate Fudge, and Bubble Gum, intended for caterers, fast food chains, and hospitality providers.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the cheesecakes market based on the below-mentioned segments:
Global Cheesecakes Market, By Type
- Baked Cheesecake
- Non-Baked
Global Cheesecakes Market, By Flavors
- New York Original Cheesecake
- Fruit Flavoured Cheesecake
- Chocolate Flavoured Cheesecake
- Pumpkin Cheesecake
- Key Lime/Lime Cheesecake
- Others
Global Cheesecakes Market, By Product Form
- Ready to Eat
- Frozen
- Cheesecake Mixes and Baking Kits
Global Cheesecakes Market, By Distribution Channel
- Offline
- Online
Global Cheesecakes Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
-
1. What is the CAGR of the cheesecakes market over the forecast period?The global cheesecakes market is projected to expand at a CAGR of 4.38% during the forecast period.
-
2. What is the market size of the cheesecakes market?The global cheesecakes market size is expected to grow from USD 21.26 Billion in 2023 to USD 32.64 Billion by 2033, at a CAGR of 4.38% during the forecast period 2023-2033.
-
3. Which region holds the largest share of the cheesecakes market?North America is anticipated to hold the largest share of the cheesecakes market over the predicted timeframe.
Need help to buy this report?