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North America Gluten Free Bakery Mixes Market Share

Report ID: GMI4800
Published Date: Aug 2020
Report Format: PDF

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North America Gluten Free Bakery Mixes Market Share

Major players in North America gluten free bakery mixes market are ;

Lesaffre et Compagnie
SA
General Mills
Bakels Worldwide
Bob's Red Mill
Pamela's Products
Caremoli SPA
Watson, Inc.
Dawn Food Products
The Really Great Food Company

Theodor Rietmann GmbH, and NaturPro. The market may witness consolidation in the form of acquisitions & joint ventures, and mergers which may strengthen product portfolio and augment share for North America gluten free bakery mixes market. Besides players are also investing in research and development activities to develop better quality products and sustain their position in the market.

In December 2016, Lesaffre et Compagnie, SA acquired LFI Tollblend Ltd, which is a manufacturer of gluten free ingredient mixes for processed foods and baking segments. This strategic acquisition would enable the company to further strengthen its position in the gluten free bakery mixes market.

In January 2020, Fazer Group acquired Vuohelan Herkku’s bakery and mill businesses. Vuohelan Herkku is a leading producer of gluten free bakery mixes with minimal use of food additives and allergens. This acquisition would enable the company to become a market leader in gluten free bakery mixes products market.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Increased bread sales will contribute toward industry growth since bread is the most commonly consumed product in the region. Bread segment may register 10% CAGR through 2026.

The customer-friendly nature of local convenience stores and ease of purchase will push the demand for these stores as a major distribution channel for gluten free bakery mixes in North America.

Bakeries segment, with an anticipated 9.2% CAGR through 2026, may majorly push industry growth, given the rising number of bakeries in the region, especially in the U.S. The U.S. bakery industry comprises almost 3,000 commercial bakeries and 6,000 retail bakeries.

The U.S. bakery industry is quite fragmented and is inclusive of numerous small bakery retailers. However, Flowers Foods, Campbell Soup Co., and Grupo Bimbo hold almost 55% of the commercial bakery revenue.