PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1516056
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1516056
Bakery premixes market size is anticipated to grow at over 6.2% CAGR between 2024 and 2032, as they offer convenience with pre-measured ingredients and standard recipes for commercial and home cooks seeking quick and easy baking solutions. The demand for convenience foods is increasing for ensuring flavorful and quality dishes due to busy lifestyles and changing eating habits . As per the reports, in 2022, ready convenience foods remained influential in the diets of the majority, with 88% reporting consumption.
Strong consumer demand for healthier bakery options is also driving innovations in bakery premixes, with products catering to specific dietary preferences like gluten-free and low-sugar formulations. This addresses the concerns about food allergies and intolerances, while urbanization and rising incomes are creating opportunities for bakery manufacturers to grow and expand into new markets.
The overall industry is segmented into type, category, application and region.
Based on type, the bakery premixes market from the dough base segment is anticipated to witness sustained growth rate through 2032, due to their versatility and convenience. Dough bases offer a convenient solution for both commercial and home bakers by providing a versatile foundation for a range of baked goods. They streamline production processes, reduce costs, and ensure consistent quality, emerging a popular choice for businesses and home bakers.
Bakery premixes industry from the pancake application segment will record decent growth rate during 2024-2032, backed by their popularity and convenience. Pancake mix provides a convenient option for making delicious pancakes at home in a short amount of time. This convenient ingredient appeals to busy consumers looking for a convenient breakfast or snack without compromising on taste or quality. It also allows customization with various ingredients and flavors to suit consumer preferences.
Asia Pacific bakery premixes industry size will witness rapid expansion between 2024 and 2032.
Increased urbanization and changing lifestyles have led to the rising demand for convenient and ready-to-use food products. This is prominent in fast-growing economies like China, India, and East Asian countries, where urban consumers seek quick and hassle-free food options. The influence of western food culture and the popularity of bakery premixes is fueled by the rising disposable incomes and shifting consumer preferences for high-quality and specialty bakery items. The rising opportunities for manufacturers to introduce fresh products tailored to local tastes and preferences will add to the regional market growth.