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, to empower 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.
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Bakery Premixes Market Report Highlights
- Dough mix accounted for a share of 64.7% in 2023. Dough mixes provide a hassle-free solution for both home bakers and commercial bakeries, significantly reducing preparation time and effort by offering pre-measured and pre-blended ingredients.
- Breads & rolls is expected to grow at a significant CAGR 8.1% from 2024 to 2030. Breads and rolls mixes provide a simplified baking process by offering pre-measured and pre-blended ingredients, saving time and effort for both home bakers and commercial bakeries. This convenience is especially appealing to busy consumers and professionals.
- Sales through online stores accounted for a share of 22.0% in 2023. Online retailers often offer a wider selection of bakery premixes than brick-and-mortar stores. This variety allows consumers to explore different brands, flavors, and formulations, empowering them to experiment with new recipes or discover their favorite products from the comfort of their homes.
- North America is expected to grow at a significant CAGR from 2024 to 2030. With increasing awareness of health and wellness, consumers are looking for healthier snack alternatives. Bakery premixes manufacturers in North America have responded by offering options that cater to these preferences, such as low-fat, gluten-free, or organic varieties.
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We have segmented the bakery premixes market based on type, application, distribution channel, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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