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 formulations of flours, leavening agents, flavorings, and other ingredients, designed to simplify the baking process. These mixes provide consistency and convenience for both home cooks and professional bakers, enabling the easy preparation of bread, cakes, muffins, pancakes, and other baked goods. Manufacturers are catering to diverse consumer needs by offering various options, including gluten-free, organic, and specialty flavor mixes. With a focus on quality, taste, and nutritional value, prepared flour mixes continue to find a place in modern kitchens, reflecting a blend of tradition and innovation in the culinary world.
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What are the growth prospects and trends in the prepared flour mixes industry?
The increase in home cooking and baking, partly fueled by global events like pandemics, is leading to higher demand for these products which represents one of the key factors driving the growth of the market across the globe. In line with this, prepared flour mixes simplify the baking process, saving time and effort, which is particularly appealing to busy individuals and families. Manufacturers are offering various types of mixes catering to different preferences, such as gluten-free, vegan, and organic options. Exposure to international cuisines is fostering a taste for diverse bakery products, which is driving the market for specialized flour mixes. The availability of health-oriented mixes, such as those with whole grains or reduced sugar, is attracting health-conscious consumers. The increasing availability in supermarkets, online stores, and specialty shops is making prepared flour mixes more accessible to a broader audience. In addition to this, restaurants, cafes, and catering services utilize prepared flour mixes for 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.)
- 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:
- Bakery Shops
- Food Processing Industry
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
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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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