IMARC Group, a leading market research company, has recently releases report titled “Prepared Flour Mixes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global prepared flour mixes market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the prepared flour mixes market?
The global prepared flour mixes market is expected to exhibit a growth rate (CAGR) of 6.2% during 2023-2028.
What are prepared flour mixes?
Prepared flour mixes are pre-mixed assortments of ingredients used for baking and cooking. These mixes often contain a precise combination of flour, baking powder, salt, sugar, and other ingredients. They can be used to make a variety of products, such as bread, cakes, pancakes, cookies, and other baked goods.
Some mixes may also include flavorings, spices, or dehydrated fruits or vegetables. These pre-packaged mixes offer convenience to the user by saving time and effort in measuring and combining individual ingredients. They are designed to deliver consistency in the finished product and ease of use, thus making them popular in both home kitchens and commercial establishments.
Prepared flour mixes cater to a range of dietary preferences and restrictions, with options such as gluten-free, organic, whole grain, and others available.
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What are the growth prospects and trends in the prepared flour mixes industry?
The increasing disposable income enables consumers to spend more on convenience food products represents one of the key factors driving the growth of the market across the globe. The expansion of online retail is making it easier for consumers to access a wide variety of products from different brands, which is boosting sales of prepared flour mixes. Manufacturers are constantly innovating their product offerings and packaging, which, combined with effective marketing strategies, is fueling the market growth.
Prepared flour mixes simplify baking and cooking by providing pre-measured ingredients. This is especially appealing to busy consumers and novice bakers who are unsure about measuring ingredients accurately. These mixes deliver consistency in flavor, texture, and appearance of the final product, which is crucial, particularly in commercial settings like restaurants and bakeries.
The rise in home baking, due to the increasing time spent at home, is driving the demand for convenient and easy-to-use baking solutions. Expansion of the food service industry is also driving the demand for prepared flour mixes as they enable restaurants and cafes to maintain consistency and efficiency, which is creating a positive outlook for the market across the globe.
Who are the key players operating in the industry?
The report covers the major market players including:
- · Allied Mills Limited (Associated British Foods Plc)
- · Archer-Daniels-Midland Company
- · Bakels (EMU AG)
- · Interflour Group Pte Ltd. (Pacific Agrifoods Pty Ltd.)
- · Lesaffre
- · Nisshin Seifun Group Inc.
- · PT Pondan Pangan Makmur Indonesia (PPMI)
- · Puratos Group
- · Rich Foods Corporation
- · Tai Ky Food Flour Corporation
- · Yihai Kerry (Wilmar International Limited)
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
- Bread Mix
- Pastry Mix
- Batter Mix
Breakup by Application:
- · Household
- · Bakery Shops
- · Food Processing Industry
- · Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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