Global Bakery Premix Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Application (Breads, Brownie, Cakes, Cookies, Pastries, Others), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2022 To 2027
- Published : Sep 2022
- Report Code : KSI061613482
- Pages : 120
The bakery premix market is estimated to grow at a CAGR of 6.03% to reach a market size of US$5,878.869 million in 2027 from US$3,902.704 million in 2020.
The growing importance of bread and other baked products as essential daily commodities is coupled with the increasing awareness among health-conscious individuals to boost the market growth.
Breakfast is considered one of the most important meals of the day as it jumpstarts the metabolism of the body and helps individuals burn calories throughout the day and maintain good health. As such, individuals prefer breakfast, which is loaded with proteins, carbohydrates, a little fat, vitamins, and minerals. The majority of the countries in the world include bakery products such as bread or something in their daily meals. The Germans prefer eating a rich breakfast with wursts (German sausages), local cheeses, freshly baked bread, and coffee, whereas the individuals in France prefer a hearty breakfast that comprises croissants, with added almonds for enhanced nutrition, butter, or chocolate. In Sweden, pancakes or crepes are eaten with a fruity filling. The Americans prefer eating homemade thick pancakes, whereas the Brits prefer eating a serving of beans, sausages, eggs, hash browns, and bread.
Moreover, there is an increasing focus among individuals regarding the consumption of bread as they prefer to consume different types of bread that are healthier than the standard white and brown. This is encouraging the market players to offer bakery premixes and bakery mixes such as multigrain bread mixes spelled bread, oat-based bread, and other bread, which contribute to a healthier lifestyle. For example, one of the leading companies based in Germany offers its product called the “Brown Malt Multigrain”, which is a type of special baking mix for a dark malt-flavoured multigrain product for making bakery products and bread enriched with the power of different grains. Also, as cookies are increasingly consumed by the younger population, especially children and the middle-aged population, in accompaniment with hot beverages, Pillsbury is offering their product called the “Gluten-Free Chocolate Chip Cookie Mix”, catering to the individuals in the population that are allergic to gluten but still want to enjoy sugary foods and bakery products. Therefore, as there are different varieties of bakery mixes and products that are available in the market to cater to different tastes and preferences of the consumer, the market’s growth is being fueled over the forecast period.
Some of the examples of the product offerings are as follows:
Backaldrin, one of the leading companies dealing in the provision offers a wide range of products under its premixes portfolio. It offers “Rye Wholegrain”, a premix product that is increasingly used for the production of whole-grain bread made from rye. The package is available in 20 kg bags. In addition, the company offers a product called the “Spelt Chia Mix”, which is a premix product used for the production of bread and bread rolls with chia seeds and can provide the bread with a well-rounded and wholesome flavour profile. Lastly among some other products, it also offers the “Spelt and Honig”, which is a product that is used for the production f bakery products that contain spelt and spelt bread which is enhanced with the addition of honey.
Pfahnl Backmittel GmbH, one of the leading companies dealing in the provision of making mixes for pieces of bread, baked products, and some other products catering to the food segments offers a range of mixes under their product portfolio to meet the demand of consumers. It offers a product called “Grain Bread White/Brown”. This product is made up of 60% premix from domestically produced varieties and is an ideal choice for the grain mix for white and brown grain bread. It also offers a “Pfahnl Sonne”, which is ideal for the production of sunflower bread and other baked items.
The North American region followed the European region expected to hold a noteworthy share over the forecast period.
The European region is expected to hold a considerable share over the forecast period. This is attributable to the fact that the consumption of bread and other bakery products is increasing in countries such as Germany, the UK, and France owing to the increasing disposable income of the middle-income and high-income population and the increasing number of market players providing premium healthy products to the consumers. In addition, the North American region is expected to increase its share over the forecast period. This is because a majority of North American households consume pancakes for breakfast in the morning accompanies by maple syrup or blueberries, and some households even eat biscuits, which is a type of baked product that is based on flour and is a typical bread that is left and soft.
Recent Development and expansions
- ADM debuted a new line of organic flour in March 2019. The market will soon be able to purchase various organic milled items as well as sustainable all-purpose flour, organic premium bread flour, as well as other milled products under this new flour line.
- The vitamin D premix was introduced by the UK-based BAKO Group in August 2021 and is used to make bread, rolls, and other bakery goods. This product is intended for customers who like buying items that strengthen their immune systems.
- An agreement to produce clean-label white bread with a low glycemic index (GI) utilizing Holista's GI LiteTM technology was reached between Costanzo's Bakery, Inc. and Holista CollTech Limited in 2021.
COVID-19 Impact on Bakery Premix Market
The market for confections has been significantly impacted by the COVID-19 outbreak. The confectionery industry has been impacted by the stringent regulations and lockdowns that were put in place throughout 2020. These regulations have a different impact on the supply of raw materials (agricultural produce, food ingredients, & intermediate food products), trade and logistics, demand-supply unpredictability, uncertain consumer demand, as well as the workforce at the industrial level. The decline in gifting and impulsive purchases by consumers around the world was one of the key issues hurting the confectionery business during the lockdown.
Global Bakery Premix Market Scope:
Report Metric | Details |
Market Size Value in 2020 | US$3,902.704 million |
Market Size Value in 2027 | US$5,878.869 million |
Growth Rate | CAGR of 6.03% from 2020 to 2027 |
Base Year | 2020 |
Forecast Period | 2022 – 2027 |
Forecast Unit (Value) | USD Million |
Segments Covered | Application, Distribution Channel, And Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Lesaffre, The Pillsbury Company, LLC, Premia Food Additives (I) Pvt. Ltd., Pfahnl Backmittel GmbH, Swiss Bake Ingredients Pvt. Ltd, PURATOS, Bakels Worldwide, and more. |
Customization Scope | Free report customization with purchase |
Segmentation:
- By Application
- Bread
- Brownie
- Cakes
- Cookies
- Pastries
- Others
- By Distribution Channel
- Online
- Offline
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- Others
- North America
Frequently Asked Questions (FAQs)
The bakery premix market is estimated to reach a market size of US$5,878.869 million by 2027.
Bakery Premix Market was valued at US$3,902.704 million in 2020.
The global bakery premix market is estimated to grow at a CAGR of 6.03% over the forecast period.
The growing importance of bread and other baked products as an essential daily commodity coupled with the increasing awareness among health-conscious individuals boosts the bakery premix market growth.
The European region is expected to hold a considerable share of the bakery premix market over the forecast period.
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Bakery Premix Market Analysis, by Application
5.1. Introduction
5.2. Bread
5.3. Brownie
5.4. Cakes
5.5. Cookies
5.6. Pastries
5.7. Others
6. Bakery Premix Market Analysis, by Distribution Channel
6.1. Introduction
6.2. Online
6.3. Offline
7. Bakery Premix Market Analysis, by Geography
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. United Arab Emirates
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. Japan
7.6.2. China
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Thailand
7.6.7. Taiwan
7.6.8. Others
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. Lesaffre
9.2. The Pillsbury Company, LLC
9.3. Premia Food Additives (I) Pvt Ltd.
9.4. Pfahnl Backmittel GmbH
9.5. Swiss Bake Ingredients Pvt. Ltd.
9.6. PURATOS
9.7. Bakels Worldwide
9.8. Pristine Baking Solutions
9.9. Ingridia
Lesaffre
The Pillsbury Company, LLC
Premia Food Additives (I) Pvt. Ltd.
Pfahnl Backmittel GmbH
Swiss Bake Ingredients Pvt. Ltd
PURATOS
Pristine Baking Solutions
Ingridia
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