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Bakery Premixes Market Worth $547.8 Million by 2029

The pandemic led to the adoption of some best-practice models for the bakery premixes industry as it conveyed to the forefront the importance of hygienic and shelf-stable packaged foods in preventing the disease. This industry has faced unprecedented demand from manufacturers, retailers, and consumers, particularly for products such as bread premixes and bakery premixes, such as pizzas and cakes, from the storage and distribution point of view.

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Bakery Premixes Market Worth $547.8 Million by 2029

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  1. Bakery Premixes Market Worth $547.8 Million by 2029

  2. Global Baking Ingredients Market – 2023-2030 According to the latest publication from Meticulous Research®, the global bakery premixes market is projected to reach a value of $547.8 million by 2029, growing at a CAGR of 6.7% from 2022 to 2029. This market growth is primarily driven by the increasing consumer demand for bakery products, the convenience offered by bakery premixes, rising demand for fortified food products, and the growing trend of urbanization coupled with a preference for convenience foods. However, challenges such as the rise in health-conscious consumers and the relatively high cost of bakery premixes are expected to impede market growth to some extent. Market Segmentation The bakery premixes market is segmented into the following categories: 1. By Type Complete Mix: In 2022, this segment is expected to hold the largest market share due to its ease of use, requiring minimal preparation and eliminating the need for additional ingredients. Dough Concentrate Dough Base 2. By Category Conventional: Expected to account for the largest share in 2022, primarily due to its widespread availability and high usage, particularly in the bread segment. Gluten-Free 3. By Application Bread Products: Projected to exhibit the highest CAGR during the forecast period, driven by rising global bread consumption, growing fast-food preferences, and increasing demand for healthy products such as fortified and gluten-free options. Cakes & Pastries Pancakes Muffins Biscuits & Cookies Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

  3. Global Baking Ingredients Market – 2023-2030 Other Bakery Products Download Free Sample Report Here : https://www.meticulousresearch.com/download- sample-report/cp_id=5422 Regional Insights The report provides an in-depth analysis of the market across various regions: 1. North America U.S. Canada 2. Europe Germany U.K. France Italy Spain Rest of Europe (RoE) In 2022, Europe is expected to dominate the bakery premixes market. The large market share is attributed to the long-standing tradition of consuming bakery products as staple foods, the region's well-established food industry, and increasing demand for innovative and gluten-free bakery products. 3. Asia-Pacific China India Japan Australia Rest of Asia-Pacific (RoAPAC) Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

  4. Global Baking Ingredients Market – 2023-2030 4. Latin America Brazil Mexico Argentina Rest of Latin America (RoLATAM) 5. Middle East & Africa Key Market Players The bakery premixes market features a moderately competitive landscape, with a mix of global, regional, and local players. The major companies operating in the market include: Nestlé S.A (Switzerland), Puratos Group (Belgium), Bakels Group (Amsterdam), Cargill, Incorporated (U.S.), Oy Karl Fazer Ab (Finland), General Mills, Inc. (U.S.), Grupo Bimbo S.A.B.de C.V (Mexico), KCG Corporation Co., Ltd (Thailand), Archer Daniels Midland Company (U.S.), Austrian Premix (South Africa), and Manildra Group (Australia). Conclusion The bakery premixes market is poised for steady growth, driven by increasing consumer preferences for convenient and fortified bakery products. However, addressing the challenges posed by health-conscious consumers and the high costs associated with premixes will be crucial for sustaining this growth.Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous- research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com

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