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Based on type, the fruit fillings segment accounted for USD 0.9 billion in 2022. The popularity of fruit-filled pastries, such as fruit turnovers, tarts, and danishes, drives the demand for a wide range of fruit fillings, including apple, cherry, raspberry, and blueberry. Moreover, an increasing usage will further accelerate the segmental growth.
The pies and tarts application captured around 40% of bake stable pastry fillings market share in 2022 and is set to grow at a lucrative pace by 2032. Tarts and tartlets offer a wide range of filling options, including fruit, nut, cream, and chocolate, catering to diverse consumer preferences. Thus, the aforementioned factors are likely to expedite the market growth.
Retail stores segment is projected to showcase 6.8% CAGR through 2032. Retail stores offer convenience as consumers can purchase bake-stable fillings along with other baking ingredients and groceries. Thus, the high-quality services and growing usage of Bake stable pastry fillings at food centres are forecast to expedite the bake stable pastry fillings market growth.
U.S. dominated the North American region with majority market share and a revenue of USD 0.6 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032. The thriving bakery and pastry industry in North America, including artisanal bakeries, commercial bakeries, and cafes, drives the demand for high-quality bake-stable fillings. Thus, the above-mentioned variables would augment the Bake stable pastry fillings business growth in the North America positively.