Batter And Breader Premixes Market Is Estimated To Exhibit At USD 5,396.8 Million By 2030
San Francisco, 28 May 2024: The Report Batter And Breader Premixes Market Size, Share & Trends Analysis Report By Type (Batter Premix, Breader Premix), By End-use Industry (Food Manufacturing, Food service), By Region, And Segment Forecasts, 2024 - 2030
The global batter and breader premixes market size was estimated to reach USD 5,396.8 million in 2030 and is projected to grow at a CAGR of 5.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Batter & breader premixes simplify the cooking process, are hassle-free, and quick owing to which its demand is increasing among consumers across the globe. In addition, the increasing need for convenient and ready-to-cook food products is further driving the demand for batter & breader premixes.
QSRs rely on premixes to maintain consistent taste and texture across their outlets. Premixes help simplify the cooking process and improve the quality of fried and breaded items, aligning with the operational efficiency goals of QSRs thus contributing to market growth. In addition, batter & breader premixes allow chefs and home cooks to create diverse and exciting dishes that cater to changing consumer taste preferences.
The batter segment held the market with the largest revenue share in 2023 and is expected to register a considerable CAGR over the forecast period. Premixes for batter are convenient and ready to use, eliminating the need to measure and mix different ingredients. Without requiring a lot of prep time, chefs and home cooks can quickly produce a consistent and well-balanced batter. Batter premixes offer a uniform coating, guaranteeing consistent outcomes throughout several batches. This is especially important for commercial food enterprises, such as fast-food chains and restaurants, thus resulting in high usage of batter & breader premixes in such settings.
The food manufacturing segment dominated the market by holding a major share in 2023. Batter and breader mixes simplify the coating preparation process, significantly reducing the preparation time. This is particularly crucial in high-volume food manufacturing, where speed and efficiency are essential to meet demand. Furthermore, premixes prove to be efficient, leading to overall cost savings in terms of labor, energy, and production time, which is especially beneficial for large-scale food manufacturing operations, thus contributing to the high market share.
North America accounted for the largest share of the market and is estimated to expand at a significant CAGR over the forecast period. The popularity of batter and breader mixes is fueled by the fast-paced lifestyle and increasing demand for convenience food in North America. Customers value how easy and time-saving these mixes make it to quickly prepare tasty meals thus driving the adoption of these products.
Major players in the global market include Kerry Group PLC, Newly Weds, Bowman Ingredients, Breading & Coating Ltd., House-Autry Mills Inc., BRATA Produktions, Shimakyu, Thai Nisshin Technomic Co., Ltd, Arcadia Foods, and Blendex Company Various steps are adopted by these companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain more share of the market.
Access Research Report of Batter And Breader Premixes Market @ https://www.grandviewresearch.com/industry-analysis/batter-breader-premixes-market-report
Batter And Breader Premixes Market Report Highlights
- Based on type, the breader segment is forecast to grow with the fastest CAGR over the forecast period. The increasing availability of breaders in various flavorprofiles is anticipated to contribute to the growth of the segment
- Based on end-use industry, the retail segment is estimated to grow with the fastest CAGR over the forecast period. The increasing adoption of batter & breader premixes by home cooks is a primary factor fueling the segment’s growth
- Asia Pacific market is expected to grow with the fastest CAGR over the forecast period. The rising preference for global culinary and Western-style fried and breaded foods is driving market growth in the region
Batter And Breader Premixes Market Report Scope
Report Attribute | Details |
Market size value in 2024 | USD 3,897.7 million |
Revenue forecast in 2030 | USD 5,396.8 million |
Growth rate | CAGR of 5.6% from 2024 to 2030 |
Base year for estimation | 2023 |
Historical data | 2018 - 2022 |
Forecast period | 2024 - 2030 |
List of Key Players in the Batter And Breader Premixes Market
- Kerry Group PLC
- Newly Weds
- Bowman Ingredients
- Breading & Coating Ltd.
- House-Autry mills Inc.
- BRATA Produktions
- Shimakyu
- Thai Nisshin Technomic Co., Ltd
- Arcadia Foods
- Blendex Company
Access Press Release of Batter And Breader Premixes Market @ https://www.grandviewresearch.com/press-release/global-batter-breader-premixes-market
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