Dublin, June 03, 2022 (GLOBE NEWSWIRE) -- The "Global Prepared Flour Mixes Market Size, Share & Industry Trends Analysis Report By Application, By Product, By Regional Outlook and Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.
The Global Prepared Flour Mixes Market size is expected to reach $34.2 billion by 2027, rising at a market growth of 6.6% CAGR during the forecast period.
Flour, salt, functional additives, and starches make up prepared flour mixes. In addition, these dry ready-to-use mixtures are typically used to make high-quality baked items. Flour mixes are produced for home use as well as for usage in small and medium-sized commercial bakeries. Unique additives, like vegetable proteins, dietary fibers, low-fat content, and special minerals, can be added to prepared flours. Moreover, these mixtures also contain defined amounts of various chemicals, such as lecithin, emulsifiers, thickeners, and enzymes. To provide the ultimate convenience to the consumer, flour mixes are pre-shaped, premixed, and provided in a chilled form.
Flour mixes and doughs are pre-mixed dry components that can be added to wet ingredients to make bread, pastries, cookies, crackers, and other baked goods. They are a type of food that often consists of flour, water, or milk, as well as fat. Chocolate, vanilla, banana, and other tastes are also available in these products. They require very little preparation before being used in baking. Moreover, their use allows a person to save time and work by not having to measure out all of the components separately. They come in a range of tastes, shapes, and textures and can be utilized in a variety of baked items.
In the baking industry, prepared flour mixes are widely utilized to reduce preparation time, improve texture and flavor, and extend the shelf life of final products. Additionally, growing customer preference for gluten-free bakery products such as bread, cakes, and pastries as a result of increased health awareness is expected to help the industry to grow further. Furthermore, the availability of several healthy options in the sector, such as fat-free, cholesterol-free, and low-calorie bakery products, is expected to drive the market for prepared flour mixes forward. One of the key trends of the industry is increasing customer interest in whole grains and wheat-based bread that are high in protein and fiber.
COVID-19 Impact Analysis
The COVID-19 pandemic created issues in the supply chain of several businesses, particularly the food and beverage industry, during its initial phase. In addition, businesses are gaining progress as previously imposed constraints are relaxed across diverse areas due to the global rollout of vaccines.
The adoption of COVID-19 vaccines by governments around the world has alleviated the situation, resulting in an increase in global business activity. The global marketplace has begun to recover from losses as a result of growing vaccination rates, which is projected to boost the growth of the prepared flour mixes market in the future years.
Market driving Factors:
Growing use in batter mixes reduces oil absorption and improves frying texture
The market for prepared flour mixes is divided into three categories: pastry mixes, batter mixes, and bread mixes. They're commonly utilized in frying applications for both vegetarian and non-vegetarian foods because they allow for rapid and crispy browning. Moreover, batter mixes are expected to gain in popularity as they can simply be supplemented with natural ingredients to improve their nutritional profile. Batter mixtures are simple to adjust for a variety of seafood recipes, and their compatibility with many types of fish ensures even frying. Furthermore, market demand could support expansion because batter mixes allow for the creation of an even crust in baking preparations for a variety of seafood, including shellfish, mollusks, and marine fishes.
Increasing use in bakeries to minimize baking time and extend shelf life
Due to the rising consumption of confectionery and bakery preparations, the demand for these products is significantly higher in bakery stores around the world. In addition, as the market becomes more competitive, producers are choosing high-quality ingredients to achieve a competitive advantage. Prepared flour mixes, including batter, pastry, and bread mixes, have become quite popular in bakeries because they help to reduce flaking in pastries and enhance crumb consistency. As bakery shops must manufacture items in bulk, market demand is expected to rise. As a result, they prefer to use prepackaged flour mixes, which reduce the number of raw materials necessary to prepare the finished product while also lowering the chance of error.
Marketing Restraining Factor:
The massive availability of alternatives and Volatility in natural resource availability and price
Though these premixes have many benefits ranging from improving immunity and enhancing overall health, manufacturers is expected to face many challenges due to the availability of substitute products in the market. There are many products available in the market which are cost-effective and are easily available across the world. Moreover, strict regulations and international quality standards are also putting massive pressure on the producers of the prepared flour premix industry to follow a very stringent path to get approval for the product.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Prepared Flour Mixes Market
Chapter 4. Global Prepared Flour Mixes Market by Application
4.1 Global Bakery Shops Market by Region
4.2 Global Food Processing Industry Market by Region
4.3 Global Household Market by Region
4.4 Global Other Application Market by Region
Chapter 5. Global Prepared Flour Mixes Market by Product
5.1 Global Bread Mix Market by Region
5.2 Global Pastry Mix Market by Region
5.3 Global Batter Mix Market by Region
Chapter 6. Global Prepared Flour Mixes Market by Region
Chapter 7. Company Profiles
7.1 Lesaffre Group
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Geographical Expansions:
7.2 Wilmar International Limited
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.3 Bakels Group (EMU AG)
7.3.1 Company Overview
7.4 Puratos NV/SA
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Acquisition and Mergers:
7.5 Allied Mills (Associated British Foods Plc)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.6 Rich Products Corporation (RE Rich Family Holding Corporation)
7.6.1 Company Overview
7.7 Nisshin Seifun Group Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Recent strategies and developments:
7.7.3.1 Acquisition and Mergers:
7.8 CJ CheilJedang Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.9 PT. Pondan Pangan Makmur Indonesia
7.9.1 Company Overview
For more information about this report visit https://www.researchandmarkets.com/r/ralt2u
Attachment