A
report by Transparency Market Research (TMR) finds that due to
changing consumer preferences in the recent past, the requirement for
customized bread-based bakery products with various formulations is
on the rise. Concurrently, the demand for bakery premixes is
escalating in the global market. The report, titled “Bakery
Premixes Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016–2024,” projects a healthy CAGR in the
market during the forecast period of 2016 to 2024.
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exclusive Global strategic Business report
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Bakery
premixes are substances that are added to the flour during the
production of various bakery products. Bakery premix contains unique
formulations that lend a variety of colors, tastes, and textures to
bakery products such as pastry, white bread rolls, donut and bread
rolls, cake, muffins, baking flour, and bakery improvers. The report
observes that bakery premix provides several benefits to
manufacturers such as greater product consistency and reduction in
probabilities of incorrect weighing of raw materials used in the
process of bakery products.
Bakery
premixes also aid in decreasing labor and inventory costs and are
thereby gaining popularity among manufacturers. Moreover, since
baking premixes include leavenings and customized combinations of
flour and flour types in various products, vendors of bakery products
are now using standardized enriched blends of various premixes in
bakery products to fulfill customer demand. These factors, along with
changing consumer lifestyle on which the food industry is currently
thriving, and the demand for natural ingredient bakery products, are
driving the market. The report explores the impact of all these
factors in detail and estimates the future of the global market for
bakery premixes.
The
global market for bakery
premixes can be segmented on the basis of type of product,
application, and region. By the type of product, the global market
can be segmented into complete mix, dough concentrates, and
dough-base mix. The report finds that the segment of complete mix is
predominantly used by commercial baking industries as these are
cost-effective methods. By application, the global market for bakery
premixes can be divided into bread and non-bread products.
Geographically, the report studies the regional markets of North
America, Latin America, Europe, Asia Pacific, and the Middle East and
Africa. Owing to increased consumer awareness pertaining to the
benefits of customized premixes in bakery products, which include
various essential vitamins and minerals, the market for bakery
premixes in North America and Europe is estimated to rise at a steady
rate.
Some of the prominent players in the global market for bakery premixes are Enhance Proteins Ltd., Lesaffre, Puratos, Echema Technologies LLC, Malindra Group, Allied Mills, Swiss Bake Ingredients Pvt Ltd, WATSON-INC, Karl Fazer Ab., Archer Daniels Midland Company, and Bakels Worldwide. The report expects these companies to strategically expand their business by enhancing their product portfolio.
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