Global Doughnuts Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Yeast Doughnut and Cake Doughnut.By Product Type;
Chocolate Doughnut, Fruit Flavored Doughnut, Glazed Doughnut, and Others.By Distribution Channel;
Supermarkets-Hypermarkets, Specialty Stores, Convenience Stores, Online Retails, Bakery, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Doughnuts Market (USD Million), 2021 - 2031
In the year 2024, the Global Doughnuts Market was valued at USD 9,266.66 million. The size of this market is expected to increase to USD 12,572.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.
The global doughnuts market has experienced significant growth and diversification, driven by the popularity of this beloved sweet treat across various demographics and regions worldwide. Doughnuts, known for their indulgent appeal and versatility in flavors and toppings, have become a staple in the global bakery and confectionery industry. This market encompasses a wide range of doughnut varieties, including traditional ring-shaped yeast doughnuts, cake doughnuts, filled doughnuts, and gourmet options with innovative flavors and textures.
Consumer preferences for convenient, on-the-go snacks have propelled the expansion of the doughnuts market, with major quick-service restaurants (QSRs) and dedicated doughnut chains playing pivotal roles in market growth. These establishments offer a diverse array of doughnut options, catering to both classic flavors and adventurous palates seeking unique and artisanal creations. The market is characterized by continuous product innovation, with manufacturers introducing healthier options, gluten-free variants, and doughnuts infused with exotic ingredients to appeal to health-conscious consumers and capture new market segments.
North America and Europe dominate the global doughnuts market, owing to established consumer preferences and robust bakery industries. However, emerging economies in Asia-Pacific and Latin America are witnessing rapid growth driven by urbanization, changing lifestyles, and increasing disposable incomes, which foster demand for Western-style bakery products like doughnuts. The competitive landscape of the global doughnuts market is characterized by strategic partnerships, product diversification, and expansion into new markets, reflecting the dynamic nature of consumer tastes and preferences in the bakery segment.
Global Doughnuts Market Recent Developments
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In May 2024, Krispy Kreme partnered with Dolly Parton, an American singer-songwriter, and launched the "Dolly Southern Sweets Doughnut Collection". The new product range includes Dolly Dazzler Doughnut, Peachy Keen Cobbler Doughnut, Banana Puddin' Pie, and Chocolate Créme Pie.
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In November 2023, McCormick & Company, an American food company, partnered with Dough Doughnuts, a famous doughnut shop in the U.S. and launched a limited-edition collection of holiday-themed doughnut bites.
Segment Analysis
The global doughnuts market is segmented into various categories, addressing consumer preferences and distribution strategies.
By type, the market is divided into yeast doughnuts and cake doughnuts. Yeast doughnuts, known for their light and fluffy texture, dominate the market due to their versatility in customization and flavoring. Cake doughnuts, denser and richer, cater to a niche audience seeking indulgent and flavorful options, often preferred in specific regional markets.
By product type, the market includes chocolate doughnuts, fruit-flavored doughnuts, glazed doughnuts, and others. Chocolate doughnuts remain a perennial favorite due to their universal appeal, while fruit-flavored varieties cater to health-conscious consumers seeking a balance of indulgence and nutrition. Glazed doughnuts, with their classic appeal, enjoy widespread popularity, and the "others" category offers unique innovations such as filled and specialty doughnuts to attract adventurous eaters.
By distribution channel, the market is segmented into supermarkets-hypermarkets, specialty stores, convenience stores, online retail, bakeries, and others. Supermarkets and hypermarkets remain the primary sales channels due to their wide reach and accessibility. Specialty stores and bakeries cater to customers looking for freshly made, premium-quality products. Online retail is rapidly gaining traction, offering convenience and access to a variety of doughnut options, while convenience stores ensure availability for on-the-go consumers.
Geographically, the market spans North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Each region contributes uniquely to the market, driven by cultural preferences, urbanization, and evolving consumer lifestyles.
Global Doughnuts Segment Analysis
In this report, the Global Doughnuts Market has been segmented by Type, Product, Distribution Channel, and Geography.
Global Doughnuts Market, Segmentation by Type
The Global Doughnuts Market has been segmented by Type into Yeast Doughnut and Cake Doughnut.
Yeast doughnuts are made with a dough that includes yeast as the leavening agent, giving them a light and airy texture. These doughnuts are typically fluffier and have a more pronounced rise, often absorbing toppings and glazes well, which makes them popular for varieties such as glazed doughnuts and filled doughnuts. The yeast doughnut’s soft, pillowy interior is favored for its delicate bite, often associated with traditional and classic doughnut styles.
Cake doughnuts, on the other hand, are denser and have a more crumbly texture. They are made with a leavening agent such as baking powder or baking soda, which results in a firmer dough that gives the doughnut a richer, heartier feel. These doughnuts are typically served with a thicker coating of glaze or toppings and are known for their ability to hold up well to a variety of flavor combinations, such as chocolate, fruit, and cinnamon. Cake doughnuts are often perceived as more filling due to their denser consistency.
Both types have distinct consumer appeal, with yeast doughnuts being more popular for their lightness and versatility in toppings, while cake doughnuts are preferred for their more substantial and rich flavor profile.
Global Doughnuts Market, Segmentation by Product
The Global Doughnuts Market has been segmented by Product into Chocolate Doughnut, Fruit Flavored Doughnut, Glazed Doughnut, and Others.
Chocolate doughnuts are a popular choice for those who enjoy rich, indulgent treats. These doughnuts are either coated in chocolate glaze or filled with chocolate cream, offering a decadent flavor experience. Chocolate doughnuts often appeal to a wide range of consumers, from casual snackers to those seeking more luxurious, dessert-like options. The versatility of chocolate allows for different variations, such as dark chocolate, milk chocolate, or even white chocolate coatings.
Fruit-flavored doughnuts offer a refreshing alternative for consumers who enjoy lighter, more fruity tastes. These doughnuts are often flavored with ingredients like strawberry, raspberry, or lemon, either in the dough itself or as a glaze or filling. Fruit-flavored doughnuts are typically seen as a more vibrant, colorful option, making them a popular choice for seasonal or specialty offerings. The fruit fillings or toppings provide a tangy contrast to the sweetness of the dough, appealing to those who prefer a less sugary experience.
Glazed doughnuts are one of the most classic and widely consumed varieties, known for their glossy, sugary coating. The glaze adds a sweet, smooth texture to the doughnut, making it a simple yet satisfying treat. Glazed doughnuts are often the go-to choice for customers seeking a familiar and comforting snack. The light and airy texture of yeast doughnuts combined with the glaze creates a perfect balance of sweetness and texture.
Other doughnut varieties include innovations like filled doughnuts, cream-filled doughnuts, or doughnuts with unique toppings such as nuts, sprinkles, or spices. These offer novelty and variety for consumers looking for new experiences or more complex flavor profiles beyond the traditional doughnut options.
Each product type reflects different consumer preferences, ranging from indulgent chocolate to refreshing fruit and the classic, timeless appeal of glazed doughnuts.
Global Doughnuts Market, Segmentation by Distribution Channel
The Global Doughnuts Market has been segmented by Distribution Channel into Supermarkets-Hypermarkets, Specialty Stores, Convenience Stores, Online Retails, Bakery, and Others.
Supermarkets and hypermarkets are significant retail outlets for doughnuts, providing a convenient location for consumers to purchase a variety of baked goods, including doughnuts. These large retail stores typically offer both packaged doughnuts and fresh doughnuts, often from well-known brands or in-store bakeries. With extensive reach and widespread presence, supermarkets and hypermarkets are crucial for making doughnuts accessible to a broad consumer base, particularly for those looking for value packs or bulk purchases.
Specialty stores, which include bakeries or other niche food retailers, often focus on high-quality or artisanal doughnuts. These stores cater to consumers seeking premium or unique doughnut varieties, such as gourmet or custom-made doughnuts with special fillings or toppings. Specialty stores tend to offer a more personalized shopping experience and can provide fresh doughnuts that are made in smaller batches, appealing to customers who prioritize quality and taste.
Convenience stores provide a quick and accessible option for consumers looking for a snack on the go. Doughnuts sold at convenience stores are typically packaged for grab-and-go consumption, offering a convenient snack option for busy consumers. These stores often have extended hours, making doughnuts available at any time of day or night, which appeals to customers seeking a quick, satisfying treat.
Online retail channels have become increasingly important in the distribution of doughnuts, especially in the context of growing e-commerce and changing consumer shopping habits. Online retailers allow consumers to order doughnuts directly to their doorsteps, with delivery options often available for both regular and specialty doughnuts. The convenience of online shopping has opened up new possibilities for doughnut brands to reach a wider audience, including offering subscription services or customizable options for customers.
Bakeries remain a vital distribution channel for fresh doughnuts, providing an in-store experience where consumers can enjoy warm, freshly made doughnuts. Many bakeries focus on artisanal and handcrafted doughnuts, attracting consumers who value freshness and quality. Bakeries may also offer a range of other baked goods alongside doughnuts, making them a one-stop-shop for customers seeking a variety of treats.
Other distribution channels may include foodservice outlets, such as coffee shops, restaurants, and vending machines, where doughnuts are sold alongside beverages or as part of breakfast or dessert menus. These outlets provide doughnuts in a more casual dining or on-the-go setting.
Each distribution channel caters to different consumer needs and preferences, whether it’s the convenience of supermarkets, the specialty and quality of bakeries, or the accessibility of convenience stores and online retailers.
Global Doughnuts Market, Segmentation by Geography
In this report, the Global Doughnuts Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Doughnuts Market Share (%), by Geographical Region, 2024
As of the previous year, the Global Doughnuts Market exhibits varying regional market shares across different geographical regions. North America and Europe traditionally dominate the market, collectively accounting for a significant portion of global sales. These regions are characterized by a strong culture of indulgence in baked goods and a high consumption rate of doughnuts, supported by well-established bakery chains, QSRs, and cafes that offer a wide range of doughnut varieties to cater to diverse consumer tastes.
Asia-Pacific represents a rapidly growing market for doughnuts, driven by increasing urbanization, changing consumer lifestyles, and a growing preference for Western-style bakery products. Countries like China, Japan, South Korea, and Australia are witnessing a rise in doughnut consumption, fueled by the expansion of international bakery chains and the popularity of gourmet and specialty doughnuts among younger demographics. The region's market growth is further propelled by the adoption of online delivery platforms and the integration of doughnut offerings in local bakeries and cafes.
Latin America and the Middle East & Africa regions also show moderate growth in the doughnuts market, influenced by urbanization, rising disposable incomes, and a growing appetite for convenience foods. These regions are witnessing the emergence of new bakery concepts and the expansion of global QSR chains, contributing to the increasing availability and consumption of doughnuts. Overall, the geographical segmentation of the doughnuts market underscores regional preferences and consumption patterns, reflecting diverse opportunities for market expansion and competition among global and local players.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Doughnuts Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing consumer demand for indulgent and convenient snacks
- Growing popularity of gourmet and artisanal doughnuts
- Expansion of quick-service restaurants (QSRs) and specialty doughnut chains
- Rising disposable incomes and urbanization
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Social media influence on food trends- Social media plays a pivotal role in shaping food trends within the Global Doughnuts Market, influencing consumer preferences and driving demand for innovative and visually appealing doughnut varieties. Platforms like Instagram, TikTok, and Facebook amplify the visibility of unique doughnut creations through captivating images, videos, and user-generated content. This digital exposure not only introduces consumers to new flavors, toppings, and presentations but also fosters a sense of culinary exploration and sharing among food enthusiasts worldwide.
Food bloggers, influencers, and celebrity endorsements on social media platforms leverage their reach to promote doughnut trends and generate buzz around specific brands or bakery offerings. Viral sensations such as extravagant doughnut towers, themed doughnut collaborations, and limited-edition flavors gain rapid traction online, fueling consumer curiosity and driving foot traffic to bakeries and doughnut shops. The interactive nature of social media allows consumers to participate in food trends by sharing their experiences, preferences, and recommendations, thereby influencing purchasing decisions and shaping the competitive landscape of the doughnuts market. As a result, bakeries and foodservice providers increasingly prioritize visual appeal, creativity, and responsiveness to social media trends to stay relevant and engage with their audience effectively.
Restraints:
- Health concerns related to high sugar and fat content
- Competition from other snack and dessert options
- Seasonal demand fluctuations
- Regulatory challenges and food safety standards
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Rising raw material costs- Rising raw material costs pose a significant challenge to the Global Doughnuts Market, impacting the profitability and pricing strategies of doughnut manufacturers and bakeries alike. Key raw materials such as flour, sugar, eggs, and edible oils are essential for doughnut production, and fluctuations in their prices can directly affect overall production costs. Factors such as weather conditions affecting crop yields, geopolitical tensions impacting supply chains, and currency fluctuations contribute to the volatility in raw material prices, making cost management a critical concern for industry stakeholders.
For doughnut manufacturers and bakeries, managing rising raw material costs often involves implementing cost-saving measures, optimizing ingredient usage, and negotiating supplier contracts to mitigate price increases. However, these adjustments may impact product quality or lead to price adjustments that can affect consumer purchasing behavior. As a result, businesses may face pressures to absorb higher costs or pass them on to consumers, potentially impacting sales volumes and profitability in a competitive market environment.
Rising raw material costs underscore the importance of supply chain resilience and diversification strategies within the doughnuts market. Companies may explore alternative sourcing options, invest in inventory management systems, or innovate in product formulations to mitigate the impact of volatile raw material prices on their operational sustainability. As global economic conditions continue to fluctuate, proactive management of raw material costs remains essential for maintaining profitability and competitiveness in the dynamic doughnuts market.
Opportunities:
- Innovation in flavors, ingredients, and product varieties
- Expansion into emerging markets in Asia-Pacific and Latin America
- Introduction of healthier doughnut options (e.g., gluten-free, low-sugar)
- Strategic partnerships and collaborations with coffee chains and bakeries
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Online retail and delivery services expansion- The expansion of online retail and delivery services represents a significant opportunity in the Global Doughnuts Market, enabling doughnut brands and bakeries to reach a broader audience and capitalize on changing consumer behaviors. The convenience of ordering doughnuts online via websites and mobile apps has become increasingly popular, particularly among urban consumers and tech-savvy millennials who value convenience and time-efficiency. This trend has been further accelerated by the COVID-19 pandemic, which prompted a shift towards online shopping and food delivery services.
Doughnut brands and bakeries are leveraging online platforms to enhance customer engagement, offer personalized ordering experiences, and streamline delivery logistics. Online retail platforms and third-party delivery aggregators provide opportunities for smaller, independent bakeries to expand their market reach beyond physical storefronts, tapping into new customer bases locally and even internationally. Moreover, the integration of user-friendly interfaces, real-time tracking, and promotional offers on these platforms enhances the overall customer experience, driving repeat purchases and brand loyalty in the competitive doughnuts market. As consumer preferences continue to evolve towards convenience and digital solutions, the expansion of online retail and delivery services presents a strategic avenue for growth and differentiation in the global doughnuts market.
Competitive Landscape Analysis
Key players in Global Doughnuts Market include:
- Dunkin' Brands Group, Inc.
- Krispy Kreme Doughnuts, Inc.
- Tim Hortons (Restaurant Brands International Inc.)
- Mister Donut (Duskin Co., Ltd.)
- J.CO Donuts & Coffee
- Donut King (Retail Food Group Limited)
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Product Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Doughnuts Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing consumer demand for indulgent and convenient snacks
- Growing popularity of gourmet and artisanal doughnuts
- Expansion of quick-service restaurants (QSRs) and specialty doughnut chains
- Rising disposable incomes and urbanization
- Social media influence on food trends
- Restraints
- Health concerns related to high sugar and fat content
- Competition from other snack and dessert options
- Seasonal demand fluctuations
- Regulatory challenges and food safety standards
- Rising raw material costs
- Opportunities
- Innovation in flavors, ingredients, and product varieties
- Expansion into emerging markets in Asia-Pacific and Latin America
- Introduction of healthier doughnut options (e.g., gluten-free, low-sugar)
- Strategic partnerships and collaborations with coffee chains and bakeries
- Online retail and delivery services expansion
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Doughnuts Market, By Type, 2021 - 2031 (USD Million)
- Yeast doughnuts
- Cake doughnuts
- Global Doughnuts Market, By Product Type, 2021 - 2031 (USD Million)
- Chocolate Doughnut
- Fruit Flavored Doughnut
- Glazed Doughnut
- Others
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Global Doughnuts Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Supermarkets-Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retails
- Bakery
- Others
- Global Doughnuts Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Doughnuts Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Dunkin' Brands Group, Inc.
- Krispy Kreme Doughnuts, Inc.
- Tim Hortons (Restaurant Brands International Inc.)
- Mister Donut (Duskin Co., Ltd.)
- J.CO Donuts & Coffee
- Donut King (Retail Food Group Limited)
- Company Profiles
- Analyst Views
- Future Outlook of the Market