Doughnuts Market

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 Retail, Bakery, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn917177281 Published Date: September, 2025 Updated Date: October, 2025

Doughnuts Market Overview

Doughnuts Market (USD Million)

Doughnuts Market was valued at USD 9,266.66 million in the year 2024. 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%.


Doughnuts Market

*Market size in USD million

CAGR 4.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.5 %
Market Size (2024)USD 9,266.66 Million
Market Size (2031)USD 12,572.68 Million
Market ConcentrationHigh
Report Pages353
9,266.66
2024
12,572.68
2031

Major Players

  • 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)

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Doughnuts Market

Fragmented - Highly competitive market without dominant players


Introduction to Doughnuts Market
The doughnuts market is expanding steadily as consumers increasingly seek indulgent bakery products that blend taste and convenience. Nearly 40% of buyers view doughnuts as a go-to snack, highlighting their strong appeal across retail stores and quick-service chains. Their versatility, availability in diverse flavors, and accessibility at different price points continue to fuel steady growth.

Flavor Innovation and Health Focus
Market growth is further propelled by innovation, with about 30% of new bakery launches featuring doughnuts or related products. Brands are focusing on gourmet fillings, premium toppings, and healthier alternatives such as plant-based or reduced-sugar options. This balance between indulgence and health is strengthening the product’s position in the bakery sector.

Role of Quick-Service Chains
Quick-service restaurants and bakery outlets account for nearly 45% of total sales, showcasing their importance in market expansion. These outlets provide not only convenience but also variety, seasonal flavors, and promotional campaigns that attract a wide range of consumers. Their role in boosting visibility has made doughnuts a mainstream bakery offering.

Market Outlook
The future of the doughnuts industry looks promising, with over 50% of consumers willing to explore new and unique flavors. Premiumization, sustainable packaging, and the adoption of digital ordering will continue to shape the market. As consumer preferences evolve, doughnuts will maintain their stronghold as one of the most enjoyed indulgent snacks worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Doughnuts Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing consumer demand for indulgent and convenient snacks
        2. Growing popularity of gourmet and artisanal doughnuts
        3. Expansion of quick-service restaurants (QSRs) and specialty doughnut chains
        4. Rising disposable incomes and urbanization
        5. Social media influence on food trends
      2. Restraints
        1. Health concerns related to high sugar and fat content
        2. Competition from other snack and dessert options
        3. Seasonal demand fluctuations
        4. Regulatory challenges and food safety standards
        5. Rising raw material costs
      3. Opportunities
        1. Innovation in flavors, ingredients, and product varieties
        2. Expansion into emerging markets in Asia-Pacific and Latin America
        3. Introduction of healthier doughnut options (e.g., gluten-free, low-sugar)
        4. Strategic partnerships and collaborations with coffee chains and bakeries
        5. Online retail and delivery services expansion
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. Porter's Analysis
        1. Bargaining Power of Suppliers
        2. Bargaining Power of Buyers
        3. Threat of Substitutes
        4. Threat of New Entrants
        5. Competitive Rivalry
  5. Market Segmentation
    1. Doughnuts Market, By Type, 2021 - 2031 (USD Million)
      1. Yeast Doughnut
      2. Cake Doughnut
    2. Doughnuts Market, By Product Type, 2021 - 2031 (USD Million)
      1. Chocolate Doughnut
      2. Fruit Flavored Doughnut
      3. Glazed Doughnut
      4. Others
    3. Doughnuts Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets/Hypermarkets
      2. Specialty Stores
      3. Convenience Stores
      4. Online Retail
      5. Bakery
      6. Others
    4. Doughnuts Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Dunkin' Brands Group, Inc.
      2. Krispy Kreme Doughnuts, Inc.
      3. Tim Hortons (Restaurant Brands International Inc.)
      4. Mister Donut (Duskin Co., Ltd.)
      5. J.CO Donuts & Coffee
      6. Donut King (Retail Food Group Limited)
  7. Analyst Views
  8. Future Outlook of the Market