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Prepared Flour Mixes Market Size

Report ID: GMI4519
Published Date: Sep 2023
Report Format: PDF

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Prepared Flour Mixes Market Size

Prepared Flour Mixes Market size is estimated to record substantial growth at more than 7.5% CAGR between 2023 and 2032. The booming e-commerce sector and online sales combined with the rising innovations in packaging designs will favor the industry development. The growing prominence of eye-catching packaging and innovative designs in influencing consumer purchasing decisions has compelled manufacturers to focus on packaging to communicate product quality and convenience.

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For instance, in January 2021, renowned brand of Conagra Brands, Duncan Hines, launched a new collection of fun and colorful over the top baking kits inspired by social media bakeries, and baking influencers. The surging emphasis on clean and transparent labels along with limiting preservatives as well as artificial additives and flavors will also drive the market demand.

Prepared Flour Mixes Market Report Attributes
Report Attribute	Details
Base Year:	2022
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.5%
Historical Data for:	2018 to 2022
No. of Pages:	175
Tables, Charts & Figures:	204
Segments covered:	Product, End-Use
Growth Drivers:	Surging consumption of wheat foods Expansion of the e-commerce sector Rising interest in gluten-free and allergen-free products Rapid urbanisation in Asia Pacific
Pitfalls & Challenges:	High infrastructure spending costs

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Prepared Flour Mixes Market Growth Drivers & Restraints

The rising preference for ready-to-eat food products along with the surging inclination to wheat-based food items will drive the market growth. As per a study released in BioMed Central Ltd, 36% of adults in the U.S. reportedly consumed ready-to-eat meals in 2020. However, the increasing infrastructure spending costs on the production of prepared flour mixes based on the nature and scale of investments may limit the industry development to some extent.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

Prepared flour mixes market size is poised to witness 7.5% CAGR from 2023 to 2032, due to the rising innovations in packaging designs along with the surging preference for gluten-free and allergen-free products.

The batter mixes segment is expected to hold significant share of the market by 2032, owing the surging need for greater flexibility in baking preparations for several kind of seafood, including shellfish, mollusks and marine fishes.

Germany market size is set to grow at over 7% CAGR between 2023 and 2032, attributed to the rising focus on R&D initiatives to offer high-quality and customized solutions to several baking businesses in the country.

Some of the prominent market players include Archer Daniels Midland Company (ADM), Lesaffre, Bakels Worldwide, Puratos, Enchance Proteins, Echema Technologies, Luscombe, Allied Mills, Nisshin Seifun Group, Grand Place Puratos, and Yihai Kerry.