PUBLISHER: Grand View Research | PRODUCT CODE: 1530206
PUBLISHER: Grand View Research | PRODUCT CODE: 1530206
The global bakery premixes market size is expected to reach USD 1.82 billion by 2030, growing at a CAGR of 7.0%, according to a new report by Grand View Research, Inc. The demand for bakery premixes is on the rise due to several factors that contribute to the increasing popularity of home baking. These premixes provide unmatched convenience by simplifying the baking process with pre-measured ingredients and clear instructions. They are favored by both novices and seasoned bakers alike, offering reliable results without the need for extensive preparation. With a diverse array of flavors and types available, premixes enable consumers to explore various baked goods without maintaining a comprehensive pantry. This variety meets the needs of different tastes and dietary choices, encompassing options such as gluten-free, vegan, and low-sugar formulations.
Also, homemade baked goods made from premixes can be more cost-effective than purchasing ready-made items from bakeries or supermarkets. This is particularly appealing for budget-conscious households looking to save money without sacrificing the enjoyment of baked treats.
Additionally, the trend towards healthier lifestyles has spurred the development of premixes featuring options like gluten-free or reduced-sugar formulations. Social media platforms have further fueled this trend, inspiring baking enthusiasts to experiment with new recipes easily replicable with premixes. As consumer preferences evolve, trends in artisanal, specialty, and sustainably packaged premixes are emerging, reflecting a broader shift towards more customized and eco-conscious baking solutions.
Continuous innovation in bakery premixes, including recipes, ingredients, and packaging techniques, has been instrumental in expanding the market. Manufacturers consistently introduce new flavors, healthier formulations, and convenient packaging solutions to attract and retain consumers in a competitive marketplace. These innovations cater to evolving consumer preferences for convenience, variety, and health-conscious choices, driving the ongoing popularity and adoption of bakery premixes in home baking and commercial sectors alike.
In May 2023, Raised Gluten Free launched three new allergy-friendly cookie mixes for kids - chocolate chip, double chocolate, and confetti. These plant-based mixes are 100% vegan, certified gluten-free, and free of the top 9 allergens. The mixes feature illustrated instructions for kids to easily follow, with the goal of empowering them in the kitchen. The cookies bake up soft, chewy, and with a balanced, not overly sweet flavor. Raised Gluten Free was founded by two moms and is focused on providing comfort food options for those with dietary restrictions.