India Bakery Premixes Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Bakery premix provides manufacturers with numerous advantages, including increased product consistency, reduced chances of incorrect weighing of raw materials used to produce bakery products, and lower labour and inventory costs. Baking premixes also include leavenings and customised combinations of flours and flour types in a variety of products. Bakery product manufacturers are using standardised enriched blends of several premixes in bakery products to meet customer demand for customised bakery products.

Data Bridge Market Research analyses that the 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. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Report Scope and Market Segmentation

Market Definition

Bakery premixes are mixtures of ingredients that make up a portion (usually 40-60% of the final product) to which only flour is added for the production of a variety of bakery products. Bakery premix is a blend of unique baking ingredients that adds flavour, texture, and colour to bakery products such as cake, pastry, white bread rolls, baking flour, muffins, bakery improvers, donuts, and bread rolls.

Bakery Premixes Market Dynamics

Drivers

• Rising expansion of retail channel for distribution of products

Developments in online retail are one of the major themes influencing how the market for bakery premixes is evolving. Large product distribution channels include convenience stores, specialty shops, supermarkets, drug stores, and hypermarkets. The market for bread premixes has seen increased access to products thanks in large part to ongoing efforts by retailers and manufacturers to lengthen their supply and distribution chains.

• Diversification of products according to the needs

The constant desire to try new ethnic flavours and tastes is a major driving force in the bakery premixes market. The sugar business has moved its emphasis over time to creating healthier goods. This trend is being driven, especially in emerging nations, by the expanding health-conscious populace. The development of organized retail in developing nations has fueled the market for baking premixes.

Opportunity

The ease of payment for products through online channels and the wide range of sugar flavours and textures are important factors driving the popularity of e-commerce in the bakery premixes market. Furthermore, bakery premixes is increasingly being used in the formulation of a wide variety of beverages and confectionery products, such as cakes, milkshakes, croissants, and hot sugar, which is contributing to the India bakery premixes market's growth.

Restraints

However, the possibility for growth for the sugar milk market would be constrained by the ease of product replacements, strict government restrictions pertaining to quality standardization, and supply chain interruptions brought on by the pandemic. The market for baking premixes will experience slow growth due to the high cost of R&D activities and the unpredictability of raw material prices. Increasing rates of diabetes, excessive blood sugar in patients, and obesity are further market growth inhibitors.

This bakery premixes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bakery premixes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Bakery Premixes Market

The COVID-19 outbreak has had a significant impact on the confectionery market. The strict rules and lockdown implemented throughout 2020 have had an impact on the confectionery industry, causing differential impact on raw material supply (agricultural produce, food ingredients, and intermediate food products), trade & logistics, demand-supply volatility, uncertain consumer demand, and affecting the workforce at the industrial level. One of the major factors affecting the confectionery industry during the lockdown was a drop in sales as a result of decreased gifting and impulse buying among consumers worldwide.

Recent Development

• April 2019, Fazer Suklaamarenkileivos and Fazer Kinuskimarenkileivos, the new meringues, were introduced by Karl Fazer. This aided the company in expanding its product portfolio to meet the needs of the bakery industry.
• In April 2019, Lesaffre established a new baking centre in Austria, focusing on developing industrial baking solutions. This growth aided its industrial customers in developing new products and processes.
• March 2019, ADM has introduced a new line of organic flours. This new flour line includes organic all-purpose flour, organic premium bread flour, and other organic milled products that will be available in the market in the coming years.

India Bakery Premixes Market Scope                                                                              

The bakery premixes market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Complete Mix
• Dough-Base Mix
• Dough Concentrate

Application

• Cakes
• Pastries
• Breads
• Muffin
• Pancakes
• Cookies and Biscuits
• Puffs
• Pies
• Donuts
• Tortillas
• Pizza Bases
• Pretzels
• Others

End users

• Food Processors
• Bakery Outlets/Artisan Bakers

 Bakery Premixes Market Regional Analysis/Insights

The bakery premixes market is analysed and market size insights and trends are provided by country, type, application and end user as referenced above.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of India brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Bakery Premixes Market Share Analysis

The bakery premixes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, India presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bakery premixes market.

Some of the major players operating in the 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)
• 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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