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NEW YORK, March 22, 2021 / PRNewswire / – The Donut Market Is Expected To Grow 5.69 billion USD during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the donut market in the United States under optimistic, probable and pessimistic forecast scenarios.
Companies will go through the intervention, recovery and renewal phases.
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The donut market will witness a positive impact during the forecast period due to the widespread growth of the COVID-19 pandemic. According to Technavio’s pandemic-focused market research, the market growth increased in 2020 compared to 2019.
With the continued spread of the novel coronavirus pandemic, organizations around the world are gradually flattening their recession curves by taking advantage of technology. Many companies will go through phases of intervention, recovery and renewal. Building business resilience and fostering agility will help organizations move forward on their journey out of the COVID-19 crisis to the next normal.
This post-pandemic business planning research will help clients:
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Adjust their strategic planning to move forward once the stability of the business kicks in.
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Build resilience by make efficient resource and investment choices for individual business units, products and service lines.
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Conceptualize scenario-based planning mitigate future crisis situations.
Download the post-pandemic planning structure
Key considerations for market forecast:
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Impact of lockdowns, supply chain disruptions, destruction of demand and changing customer behavior
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Optimistic, probable and pessimistic scenarios for all markets as the impact of the pandemic unfolds
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Market estimates before and after COVID-19
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Quarterly impact analysis and updates on market estimates
The related report on Consumer Staples includes:
Global Ice Cream Market – The global ice cream market is segmented by product (pulse, take-out and artisanal), distribution channel, geography (APAC, Europe, MEA, North America, and South America).
Get an exclusive free sample report
Global Vegan Ice Cream Market – The global vegan ice cream market is segmented by product (takeaway, pulse, and artisanal) and geography (North America, Europe, APAC, South Americaand MEA).
Get an exclusive free sample report
Main participants in the three donut market:
Daylight Donut Flour Co. LLC
Daylight Donut Flour Co. LLC operates through the unified segment. The main products offered by the company include high donuts and cake donuts.
Donut Time Ltd.
Donut Time Ltd. operates its business through the Unified segment. The main products offered by the company include Happy march and Bellatwix Lestrange.
Focus Brands LLC
Focus Brands LLC operates through the unified segment. The company offers donuts under the Cinnabon brand.
Get an overview of the report here for a detailed analysis of the market share of market participants during the COVID-19 lockdown: https://www.technavio.com/report/doughnuts-market-industry-analysis
Donuts market 2020-2024: segmentation
The donut market is segmented as below:
The donut market is driven by a growing number of stores and retail outlets. Additionally, other factors such as increased consumption of snacks and delicacies are expected to prompt the donut market to register a CAGR of nearly 4% during the forecast period.
Get more insight on global trends impacting the future of the donut market, request a free sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44281
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Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library includes more than 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market knowledge to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.
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Report: www.technavio.com/report/doughnuts-market-industry-analysis
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