The global bakery premixes market is anticipated to grow at a significant CAGR of 8.5% during the forecast period. With changing consumer lifestyle, the demand for customized bakery products with alteration in ingredients is increasing and hence, driving the global bakery premix market. The demand for customized bakery products with various formulations in baking ingredients is majorly increasing due to changing consumer preferences. Costumers’ preferences related to food are charging as people are becoming more aware of about health related problems and benefits of healthy eating. This is increasing the trend of low-carb diets, low-fat diets, keto diet, and vegan diet and thus demanding the need of customization in products according to different consumer requirements. Due to such factors manufacturers in the industry are inclining their efforts to serve the demand of different people requirements with variations in ingredients of bakery premixes. For instance, in 2020, Zeelandia, a bakery ingredients manufacturer launched a new reduced carb bread mix called Shape. The company developed Shape for people who follow a low-Carb diet and can be substituted with usual choice of bread. The mix contains only half of the carbohydrates and twice the fibre of typical wholemeal bread.
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The COVID-19 pandemic positively impacted the global bakery premixes market. The overall bakery market has witnessed an increase in sales volume in 2020 due to significant surge in consumer demand for at-home baking, which in turn increased the demand of the breads and cookies. For instance, in 2020, the total sales of the bakery products increased by 62.3% as of March 2020. Despite of cause complete disorder in global supply chains which resulted in several trade barriers all over the globe the bakery premixes experienced an uptick in consumption. Bakery premixes reduce the overall time of preparation and eliminates the incorrect weighing of ingredients which is why they are increasingly used in home cooking. However, during COVID 19 pandemic has considerably affected the demand of these products adversely in food service industry owing to closure of restaurants and cafes.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Bakery PremixesMarket by Type
- Complete Mix
- Dough-Base Mix
- Dough Concentrates
Global Bakery PremixesMarket by Application
- Breads and Rolls
- Cakes and Pastries
- Biscuits and Cookies
- Donuts and Muffins
- Others (Medicinal, household)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Arora Food Group, LLC
- Austrian Premix
- Bakels Group
- Bakersville India Pvt. Ltd.
- Blue Diamond Growers
- Corbion NV
- EurogermIngridia
- K.INGREDIENTS (M) SDN BHD
- Glanbia Nutritionals Inc.
- Godiva Chocolatier, Inc.
- HelioFood
- IREKS U.K. Ltd.
- Lesaffre
- Limagrain Ingredients
- MILLBÄKER SAS
- Oy Karl Fazer Ab.
- PT Gandum Mas Kencana
- Pondan
- Premia Food Additives (I) Pvt. Ltd.
- Swiss Bake Ingredients Pvt. Ltd.
- SYNOVA
- Trans Standard International Sdn. Bhd.
- Wild About Bread
- Zeelandia
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global bakery premixes market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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