Bakery Premixes Market to grow by USD 83.01 mn | Increasing Demand for Customized Bread-based Bakery Products to Improve Market Growth | Technavio

NEW YORK, Nov. 23, 2021 /PRNewswire/ — The bakery premixes market is expected to grow by USD 83.01 mn at…

NEW YORK, Nov. 23, 2021 /PRNewswire/ — The bakery premixes market is expected to grow by USD 83.01 mn at a CAGR of 5.54% from 2020 to 2025, according to the latest research report from Technavio. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Technavio analyzes the market by type (complete mix, dough-base mix, and dough concentrates) and geography (North America, Europe, APAC, MEA, and South America).

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The report on the bakery premixes market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The increasing demand for customized bread-based bakery products is expected to have a positive impact on the growth of the bakery premixes market during the forecast period.

The bakery premixes market covers the following areas:

Bakery Premixes Market Sizing

Bakery Premixes Market Forecast

Bakery Premixes Market Analysis

Geographic Landscape

Based on geography, the bakery premixes market has been segmented into North America, Europe, APAC, MEA, and South America. Technavio’s market forecast report offers an up-to-date analysis of the geographical composition of the market. It also offers competitive intelligence and regional opportunities for vendors. According to our analysis, North America is expected to account for 30% of the market’s growth during the forecast period. The US is a key country for the bakery premixes market in North America. The region has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. The bakery premixes market growth in North America will be driven by reduced inventory costs.

Some Companies Mentioned

  • Archer Daniels Midland Co.
  • Bakels Worldwide
  • Cargill Inc.
  • KCG Corporation Co. Ltd.
  • Lesaffre and Cie
  • Midas Foods International
  • Nestle SA
  • Nisshin Seifun Group Inc.
  • Oy Karl Fazer Ab
  • Puratos NV/SA

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Bakery Premixes Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.54%

Market growth 2021-2025

USD 83.01 million

Market structure

Fragmented

YoY growth (%)

5.40

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 30%

Key consumer countries

US, China, Germany, UK, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Archer Daniels Midland Co., Bakels Worldwide, Cargill Inc., KCG Corporation Co. Ltd., Lesaffre and Cie, Midas Foods International, Nestle SA, Nisshin Seifun Group Inc., Oy Karl Fazer Ab, and Puratos NV/SA

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio