PUBLISHER: Grand View Research | PRODUCT CODE: 1553535
PUBLISHER: Grand View Research | PRODUCT CODE: 1553535
The bread mix market is expected to reach USD 542.8 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.8% from 2024 to 2030. Bread mixes offer a quick and easy solution for busy individuals and families who want to enjoy freshly baked bread without the time-consuming process of measuring ingredients and kneading dough. This ease of use significantly appeals to those looking for a hassle-free baking experience, allowing them to enjoy homemade bread with minimal effort.
Health and nutrition are also major considerations influencing consumer choices. Many bread mixes are now formulated to meet the needs of health-conscious consumers, offering options that are whole grain, gluten-free, low-carb, or made with ancient grains. These healthier alternatives provide an opportunity for consumers to enjoy bread without compromising their dietary goals, thus driving demand for these specialized products.
Moreover, the trend towards artisanal and specialty bread varieties has gained momentum in recent years. Consumers are increasingly seeking unique and flavorful options, and bread mixes allow home bakers to create authentic, handcrafted breads that reflect these preferences. This desire for quality and variety in baked goods has led to a rise in the popularity of bread mixes that enable consumers to experiment with different flavors and textures.
Companies compete on various factors such as product offerings, quality, flavors, and marketing strategies to achieve a competitive edge in the market. These players are enhancing their research and development facilities and actively engaging with customers to build trust in their products.
In August 2023,Puratos India launched a new range of millets-based bakery and patisserie mixes, including the Easy Puravita Millet Bread Mix and Tegral Satin Millet Cake Mix, in response to the growing demand for health-conscious products. These mixes combine the nutritional benefits of millet with authentic flavors and a commitment to sustainability. The Easy Puravita Millet Bread Mix features a blend of five millets and Dutch-origin sourdough, offering a rich source of fiber and minerals while maintaining a traditional flavor profile. It allows bakers to create various bread types, such as loaves, buns, and pizza bases, without compromising texture.