The global bakery premixes market size is estimated to be valued at USD 298 million in 2019 and is projected to reach USD 413 million by 2025, recording a CAGR of 5.6% during the forecast period. South America is the fastest-growing market and offers high growth prospects for bakery premixes manufacturers in the coming years. Due to the adoption of urbanized lifestyle in countries, such as Brazil and Argentina, the demand for bakery products remains high, thus driving the sales of bakery premixes in the region. In addition, in the mature markets of Europe and North America, consumers are opting for value-added products, such as whole-grain bread, ‘gluten-free,’ and organic, which is driving the sales of bakery premixes in these regions. Download PDF brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=126304017 Key players in the bakery premixes market include Oy Karl Fazer AB (Finland), Archer Daniels Midland Company (US), Puratos (Belgium), Corbion (Netherlands), Bakels Group (Switzerland), Nestle (Switzerland), Cargill (US), Nisshin Seifun Group Inc. (Japan), KCG Corporation, Swiss Bake Ingredients Pvt. Ltd. (Switzerland), Lesaffre (France), GK Ingredients (Malaysia), Premia Food Additives Pvt. Ltd. (India), Winner Group (Thailand), Midas Foods (US), Synova (Thailand), Heliofood (Malaysia), Watson Inc.(US), Limagrain (France), KCG Corporation (Thailand), Pondan (Indonesia), Trans Standard International (Malaysia), PT Sriboga Flour Mill (Indonesia), Winner Group (Thailand), Pt Gandum Mas Kencana (Indonesia), Heliofood (Malaysia) and Synova (Thailand), Dongguan Dongmei Foods Co. Ltd. (China), and GK Ingredients (Malaysia). By type, the complete mix segment is projected to dominate the market during the forecast period. Complete mix is widely preferred in the foodservice industry, as it requires end users to add water. The food service industry is projected to be a key revenue generator for this type of premix, as it serves as a cost-effective option for them. The food service industry is expanding both in developed and developing countries, which has encouraged bakery premixes manufacturers to enter this market in the years to come. Speak to Analyst:https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=126304017 By application, the bread segment is projected to dominate the market during the forecast period. Bread is a staple food product across several countries and has witnessed an increase in demand from the developing countries of regions, such as South America, Middle East & Africa, and Asia Pacific. In the mature markets of Europe and North America, bread manufacturers are focusing on developing products with value additions, such as ‘gluten-free,’ whole grain, and organic products.
