Bakery premixes play a pivotal role in resource conservation by consolidating multiple ingredients into a single, pre-measured blend. This minimizes the need for vast storage space dedicated to individual components and streamlines inventory management for bakeries. The convenience of premixes translates into substantial time saving, as the laborious task of measuring and preparing diverse ingredients is eliminated. This efficient solution enhances production speed and reduces the risk of errors in ingredient proportions.
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Data Bridge Market Research analyses the India Bakery Premixes Market, which was growing at a value of USD 303 million in 2021, is expected to reach the value of USD 599.33 million by 2029, at a CAGR of 8.9% during the forecast period of 2022-2029. The growing bakery industry in India is a key driver for the bakery premixes market. The adoption of premixes by both large-scale and small-scale bakeries is driven by the industry's growth, offering a streamlined production process, heightened efficiency, and consistent product quality.
Key Findings of the Study
Increasing health consciousness among consumers is expected to drive the market's growth rate
The rising health consciousness among consumers in India has become a pivotal driver for the bakery premixes market. With a heightened awareness of health and wellness, there is an escalating demand for bakery products that integrate healthier ingredients. Bakery premixes play a crucial role in meeting this demand by allowing the formulation of products with functional ingredients such as whole grains, fiber, and natural sweeteners. This trend aligns seamlessly with the preferences of health-conscious consumers who seek nutritious options in their baked goods. The versatility of bakery premixes in incorporating these ingredients caters to evolving consumer tastes and positions them as a key solution for manufacturers aiming to tap into the flourishing health-centric segment of the bakery industry in India.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Complete Mix, Dough-Base Mix, Dough Concentrate), Application (Cakes and Pastries, Breads, Muffins and Pancakes, Cookies and Biscuits, Puffs and Pies, Donuts, Tortillas, Pizza Bases, Pretzels and Others), End User (Food Processors, Bakery Outlets/Artisan Bakers)
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Market Players Covered
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Kellogg Co. (U.S.), Dun & Bradstreet, Inc (U.S.), Conagra Brands, Inc. (U.S.), London Dairy Co. Ltd (U.K.), Danone S.A. (France), ADM (U.S.), Daiya Foods Inc. (Canada), Grupo Bimbo S.A.B.de C.V. (Mexico), Associated British Foods PLC (U.K.), General Mills Inc. (U.S.), Lantmännen Unibake (Denmark), Aryzta AG (Switzerland), Vandemoortele NV (Belgium), Europastry S.A. (Spain), Cole’s Quality Food Inc. (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The India bakery premixes market is segmented on the basis of type, application, and end user.
- On the basis of type, the India bakery premixes market is segmented into complete mix, dough-base mix, and dough concentrate
- On the basis of application, the India bakery premixes market is segmented into cakes and pastries, breads, muffins and pancakes, cookies and biscuits, puffs and pies, donuts, tortillas, pizza bases, pretzels and others
- On the basis of end user, the India bakery premixes market is segmented into food processors, and bakery outlets/artisan bakers
Major Players
Data Bridge Market Research recognizes the following companies as the major India bakery premixes market players in India bakery premixes market are Kellogg Co. (U.S.), Dun & Bradstreet, Inc (U.S.), Conagra Brands, Inc. (U.S.), London Dairy Co. Ltd (U.K.), Danone S.A. (France), ADM (U.S.), Daiya Foods Inc. (Canada), Grupo Bimbo S.A.B.de C.V. (Mexico).
Market Developments
- In June 2022, Puratos made a significant stride in expanding its global footprint by acquiring the French startup, Rapidle, in a move characterized by swift and strategic execution. This acquisition is poised to propel Puratos to new heights by accelerating its commitment to providing disruptive services and enhancing its digital offerings. Rapidle's integration into the Puratos ecosystem is expected to bring about synergies that will strengthen the company's market position and contribute to the evolution of innovative solutions in the ever-evolving landscape of the food industry
- In January 2022, Puratos further solidified its industry presence through the acquisition of Profimix, a distinguished supplier of improvers, bakery mixes, and confectionery items based in the Czech Republic. This strategic move aligns seamlessly with Puratos's dedication to enhancing the health and well-being of consumers worldwide. Through collaborating Profimix into the Puratos family, the company has fortified its commitment to delivering high-quality products while leveraging the expertise and diverse offerings that Profimix brings to the table. This acquisition is poised to play a pivotal role in shaping the future of Puratos in the global market
- In December 2020, Bako South Eastern's launch of 'Bako Direct' aligns with the bakery premixes market by displaying a commitment to efficiency. The 24-hour delivery service for premium bakery products mirrors the time-saving advantages of premixes, catering to London customers with a streamlined ordering process. This strategic move meets the immediate demands of clientele and resonates with the industry's focus on swift and convenient solutions, paralleling the efficiency offered by bakery premixes
- In November 2021, Lesaffre, a key player in the baking industry, launched its state-of-the-art baking center in Dubai. This expansion marks Lesaffre's proactive approach to meeting the evolving needs of its customers in the U.A.E. and signifies its dedication to offering cutting-edge baking solutions. The new facility is a testament to Lesaffre's commitment to innovation and a strategic investment to better serve the flourishing market in the Middle East. As Lesaffre continues to set new benchmarks in the baking industry, the Dubai baking center stands as a symbol of the company's forward-looking approach and customer-centric focus
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