Industry Background:
Twinkie is an American snack, it defines as a golden sponge cake with a cream filling in it. It is originated from the United States. The major ingredients are used while making this are wheat flour, sugar, corn syrup, niacin, water, high fructose corn syrup, eggs, and others.
According to AMA Research, the market for Twinkies is expected to register a CAGR of 3.9% during the forecast period to 2030. This growth is primarily driven by Growing trends of having fast food in the United States
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Hostess Brands (United States), Grupo Bimbo (Mexico), McKee Foods (United States), Pladis (United Kingdom), Yamazaki Baking (Japan), Aryzta (Switzerland), B&G Foods (United States), BreadTalk Group (Singapore) and Flowers Foods (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In August 2023, Twinkies snack cake manufacturer Hostess Brands Inc. is considering a sale after receiving takeover interest from significant snack food producers, according to people familiar with the situation on Friday.
The global Twinkies market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Influencing Trend:
Increase the availability of more number of filling and Rising demand for gluten-free products
Market Growth Drivers:
Growing trends of having fast food in the United States and Rising trend of packaged food in the United States
Challenges:
The high cost of raw materials
Restraints:
The increasing obesity rate in America and the rest of the world
Opportunities:
The increasing number of retail stores and bakery shops across the United States
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Twinkies Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Twinkies Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Twinkies players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Twinkies Study Sheds Light on
The Twinkies Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Twinkies industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Twinkies industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.