Registering a CAGR of 4.9% over the forecast period, the market value of Prepared Flour Mixes is expected to reach US$ 11760 million in the year 2027.
Prepared flour mixes are made up of flour, salt, functional ingredients, and starches. These ready-made dry mixes are primarily used to make high-quality baked goods. Flour mixes are made for both home use and small and medium-sized commercial bakeries. Prepared flours can be fortified with specific ingredients such as vegetable proteins, dietary fibers, low-fat content, and special minerals.
Because of changing eating habits and the increasing prevalence of lifestyle diseases such as obesity and diabetes, there has been an increase in demand for healthy bakery preparations. This rising demand is primarily met by the production of cholesterol-free, fiber-rich, and low-fat prepared flour mixes, which is one of the key factors driving the market growth. Furthermore, there has been an increase in competition among baked goods market players, which is shifting focus toward time-effective and improved baking processes. The market is seeing an increase in demand for high-performance prepared flour mixes as a result of the global shift. Custom-formulated flour solutions are also being offered by manufacturers to premium-category consumers. These offerings have allowed market participants to target a specific consumer group, which is propelling the global prepared flour mixes market growth. Longer shelf life, ease of transportation and storage of readymade flour mixes are some other factors driving market growth.
The report also assesses the key opportunities in the Prepared Flour Mixes market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Prepared Flour Mixes Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Top Key players in the Prepared Flour Mixes Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Prepared Flour Mixes Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes CSM, Zeelandia, Nippon Flour Mills, Puratos, IREKS, Bakel, Nisshin Seifun, Orangerie, Griffith, McCormick, Kerry, Prima Flour, Lam Soon, Yihai Kerry, PT Gandum Mas Kencana, AB Mauri, Rikevita Food, Showa Sangyo, AngelYeast, Pondan Pangan Makmur Indonesia and others.
Industry News:
In December 2019, Nisshin Seifun Group established its first premix factory in Vietnam in order to gain a larger share of the Asian market. This initiative will also assist the company in capitalising on the Southeast Asian country's abundant human resources, diversifying its product portfolio, and utilising a well-established distribution network.
In July 2015, CJ Foods Miling Vietnam opened a new premixed flour factory with an annual capacity of more than 160,000 tonnes of wheat flour and 10,000 tonnes of premix. The company will use technology imported from Japan and Korea to source high-quality wheat flour and premixes. The total investment was more than USD 39 billion, and it will help the company meet growing demand in the region as well as expand its presence in South East Asia.
Prepared Flour Mixes Market is segmented based on the type, applications, companies and regions.
By Type, Prepared Flour Mixes Market has been segmented into
The end user’s industry application on Prepared Flour Mixes Market is,
Increasing competition from local bakeries and large corporations attempting to capitalise on Germany's rising trends of healthy eating habits is expected to boost market outlook. Natural additives can easily be added to prepared flour mixes to improve the nutritional profile. Manufacturers are investing in rapid R&D to provide high-quality, customised solutions for a variety of baking applications, which is expected to boost market trends.
The report offers in-depth assessment of the growth and other aspects of the Prepared Flour Mixes Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2022-2027. The report presents the analysis of Prepared Flour Mixes Market for the historical period of 2017-2021 and the forecast period of 2022-2027.
Report Attributes | Report Details |
Report Title | Prepared Flour Mixes Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: CSM, Zeelandia, Nippon Flour Mills, Puratos |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.9% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | CSM, Zeelandia, Nippon Flour Mills, Puratos, IREKS, Bakel, Nisshin Seifun, Orangerie, Griffith, McCormick, Kerry, Prima Flour, Lam Soon, Yihai Kerry, PT Gandum Mas Kencana, AB Mauri, Rikevita Food, Showa Sangyo, AngelYeast, Pondan Pangan Makmur Indonesia |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 116 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Prepared Flour Mixes Market is studied from 2017 - 2027.
What is the growth rate of the Prepared Flour Mixes Market?
The Prepared Flour Mixes Market is growing at a CAGR of 4.9% over the next 5 years.
Who are the key players in Prepared Flour Mixes Market?
CSM, Zeelandia, Nippon Flour Mills, Puratos, IREKS, Bakel, Nisshin Seifun, Orangerie, Griffith, McCormick, Kerry, Prima Flour, Lam Soon, Yihai Kerry, PT Gandum Mas Kencana, AB Mauri, Rikevita Food, Showa Sangyo, AngelYeast, Pondan Pangan Makmur Indonesia
What regions does this Prepared Flour Mixes Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Prepared Flour Mixes Market?
Batter Mixes, Bread Mixes, Pastry Mixes
What are the major end-use applications of Prepared Flour Mixes Market?
Household, Bakery shop, Food processing, Other
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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