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Bakery Premixes Market Trends

Report ID: GMI8820
Published Date: Apr 2024
Report Format: PDF

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Bakery Premixes Market Trends

Several notable trends are shaping the bakery premixes industry. Most important factor is there is a surge in demand for organic, vegan, and gluten-free premixes driven by dietary preferences and health-conscious consumers. Moreover, producers are innovating with new flavors, textures, and formulations to offer artisanal baked goods. Convenience remains pivotal, leading to the development of premixes with reduced preparation time and easier handling. Additionally, there's a growing emphasis on eco-friendly packaging solutions in response to environmental concerns. Lastly, the rise of online platforms for purchasing bakery premixes is altering distribution networks and consumer buying habits.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of bakery premixes reached USD 407.8 million in 2023 and is set to witness 6.2% CAGR between 2024 and 2032, owing to the rising demand for specialty and artisanal bakery products, along with the increasing popularity of home baking.

Conventional baking premixes segment accounted for 42.7% revenue share in 2023 and is anticipated to reach 44% by 2032, as they provide essential ingredients for many classic baked goods for ensuring their continued significance and appeal.

North America market size was USD 144.2 million in 2023 and is poised to record USD 252.3 million by 2032, due to heightened demand for specialty bakery items, convenience, and evolving consumer preferences.

Bakels Group, Caravan Ingredients (now Corbion), Dawn Foods, General Mills, Kerry Group, Lesaffre, LFI Tolling (Lamex Foods), Puratos, PreGel, Zeelandia, AB Mauri and Watson Inc.