Why Is the Global Doughnuts Market Expected to Expand at a 3.7% CAGR by 2034?

Intel Market Research, the global doughnuts market was valued at USD 15,360 million in 2024 and is projected to reach USD 19,660 million by 2032, growing at a steady CAGR of 3.7% during the forecast period (2025-2032). This growth is fueled by evolving consumer snacking habits, continuous product innovation, and expanding distribution channels across both developed and emerging markets.