Global prepared flour mixes market is projected to grow at a CAGR of 5.95% during the forecast period 2017-2028
The global prepared flour mixes market held a market value of USD 11,647.44 million in 2021 and is likely to reach USD 17,456.01 million by the year 2028. The market is anticipated to register a CAGR of 5.95% during the forecast period.
For the creation of premium baking ingredients, prepared flour mix is a combination of starches, functional additives, and flour. It contains the majority of the elements used in baking, including salt, milk, oil, and sugar. Sugar, emulsifiers, oil, salt, wheat flour, and dairy products are typically needed to make prepared flour mixes.
Over the projection period, the industry's growth is anticipated to be significantly influenced by the expanding urban population and the demand for bakery products. The product's advantages over conventional formulae, such as simplicity of use, quick preparation, uniformity of results, and longer shelf life, are fostering its expansion on a global scale. The demand for ready-to-cook flour mixes is growing due to the lengthening workdays and the time they save in the kitchen. This is a significant factor that will likely aid in the industry's expansion during the forecast period.
On the contrary, rising energy costs, unexpected fluctuations in raw material prices, and unforeseen difficulties are severely impacting the stability of supply chains.
Bread manufacturers are choosing high-performance prepared flour mixes to save baking time and improve texture due to increased competition in the baking sector. Prepared flour mixtures extend the product's shelf life and make it simple to carry and store. The market for prepared flour mixes is anticipated to rise due to the industry's players' quick adoption of new technologies to improve baked goods' quality.
The ingredients needed to make bread, rolls, and buns are specified and regulated by the U.S. Food & Drug Administration under section 136.111. The law provides instructions to industry participants on how to use substances that are crucial in producing prepared flour mixes, such as bromated flour, phosphate flour, or combinations of these. Other additives include salt, yeast, milk products, colouring, and milk products.
The growing use of bread in regular meals will fuel the segment's expansion. Multigrain, low-carb, and high-fiber functional bread is also anticipated to be a key factor in the segment's growth over the coming years. Over the forecast period, development is also anticipated to be fueled by the brisk expansion of the HoReCa sector, a collective term for hotels, restaurants, and cafés.
Growth Influencers:
Growing demand for high-quality baked goods due to changing consumer perceptions of healthy eating habits
Consumer demand for bakery items with clean labels, that are vegan or plant-based, and that are sourced more responsibly is rising. Customers in the Europe region favour baked goods with increased nutritional advantages and foods that help to maintain strong immune systems and gastrointestinal wellness. The major bakery markets in the area include Germany, France, Spain, and the U.K., according to research on the European bakery business that Tate & Lyle published in 2020.
Rising tendency to consume nutritious and healthy products
Companies are frequently employed in the manufacture of high-quality foods that not only have greater texture and aesthetic appeal but also taste better and are more nutrient-dense. The market outlook is projected to improve as local bakeries and large corporations compete more fiercely in response to Germany's growing trend of healthy eating habits. To improve the nutritional profile, prepared flour mixtures can be easily supplemented with natural additions. Manufacturers are working quickly on R&D projects to offer high-end, tailored solutions for different baking applications, which is anticipated to drive market trends.
Segments Overview:
The global prepared flour mixes market is segmented into type and application.
By Type
- Bread Mixes
- Pastry Mixes
- Batter Mixes
- Others
The bread mixes segment held the highest market share of more than 30% in 2021.
By Application
- Household
- Bakery Shop
- Food Processing
- Others
The bakery shop segment is estimated to hold the highest growth rate of 8.62% over the forecast period.
Regional Overview
By region, the global prepared flour mixes market is divided into Europe, North America, Asia Pacific, Middle East & Africa, and South America.
The North American market for prepared flour mixes held the largest market share of more than 30% in 2020. On the other hand, the Asia Pacific market for prepared flour mixes held the largest market share of 36.5% in 2020 with highest CAGR of 10.0% over the anticipated period.
The main driver of the expansion is North America’s high demand for bread goods. The market expansion of these mixtures is being supported by consistently enhancing their use in the bakery sector. For instance, Bunge North America, Inc. provides a variety of prepared flours or premix goods, such as red velvet cake mix, pudding cake mix, and rich creme cake mix (chocolate and vanilla). A significant aspect driving product demand is the presence of numerous other competitors who provide a broad range of items in their respective industries.
Competitive Landscape
The key players in the market include ADM, CSM, Zeelandia, Puratos, and Prima Flour. Other players in the market include Orangerie, PT Gandum Mas Kencana, Bakel, Showa Sangyo, Angel Yeast, Nippon Flour Mills, Kerry, Lam Soon, IREKS, Nisshin Seifun, Yihai Kerry, Griffith, AB Mauri, and others.
Companies are creating novel raw materials, obtaining them from far-flung places, and incorporating probiotic strains to improve digestion. To get a larger portion of the Asian market, Nisshin Seifun Group opened its first premix factory in Vietnam in December 2019. The corporation will also benefit from this initiative's use of the region's abundant human resources, diversified product line, and well-established distribution network.
The global prepared flour mixes market report provides insights on the below pointers:
- Market Penetration: Provides comprehensive information on the market offered by the prominent players
- Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
- Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global Prepared flour mixes market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players
- Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
- Pricing Analysis: Pricing analysis of various components used in the manufacturing of prepared flour mixes
- Manufacturing cost analysis: cost-share of various components in prepared flour mixes, cost analysis of prepared flour mixes tools
The global prepared flour mixes market report answers questions such as:
- What is the market size and forecast of the global prepared flour mixes market?
- What are the inhibiting factors and impact of COVID-19 on the global prepared flour mixes market during the assessment period?
- Which are the products/segments/applications/areas to invest in over the assessment period in the global prepared flour mixes market?
- What is the competitive strategic window for opportunities in the global prepared flour mixes market?
- What are the technology trends and regulatory frameworks in the global prepared flour mixes market?
- What is the market share of the leading players in the global prepared flour mixes market?
- What modes and strategic moves are considered favourable for entering the global prepared flour mixes market?
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Regulatory Scenario by Region/Country
1.4 Market Investment Scenario Strategic
1.5 Market Analysis by Type
1.5.1 Global Prepared Flour Mixes Market Share by Type (2021-2028)
1.5.2 Bread Mixes
1.5.3 Pastry Mixes
1.5.4 Batter Mixes
1.6 Market by Application
1.6.1 Global Prepared Flour Mixes Market Share by Application (2021-2028)
1.6.2 Household
1.6.3 Bakery Shop
1.6.4 Food Processing
1.7 Prepared Flour Mixes Industry Development Trends under COVID-19 Outbreak
1.7.1 Global COVID-19 Status Overview
1.7.2 Influence of COVID-19 Outbreak on Prepared Flour Mixes Industry Development
2 Global Growth Trends
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
2.3 Industry News and Policies by Regions
2.3.1 Industry News
2.3.2 Industry Policies
2.4 Industry Trends Under COVID-19
3 Value Chain of Prepared Flour Mixes Market
3.1 Value Chain Status
3.2 Prepared Flour Mixes Manufacturing Cost Structure Analysis
3.2.1 Production Process Analysis
3.2.2 Manufacturing Cost Structure of Prepared Flour Mixes
3.2.3 Labor Cost of Prepared Flour Mixes
3.3 Sales and Marketing Model Analysis
3.3.1 Direct Channel
3.3.2 Indirect Channel
3.4 Downstream Major Customer Analysis (by Region)
4 Players Profiles
4.1 ADM
4.1.1 ADM Basic Information
4.1.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.1.3 ADM Prepared Flour Mixes Market Performance (2017-2022)
4.1.4 ADM Business Overview
4.2 CSM
4.2.1 CSM Basic Information
4.2.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.2.3 CSM Prepared Flour Mixes Market Performance (2017-2022)
4.2.4 CSM Business Overview
4.3 Zeelandia
4.3.1 Zeelandia Basic Information
4.3.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.3.3 Zeelandia Prepared Flour Mixes Market Performance (2017-2022)
4.3.4 Zeelandia Business Overview
4.4 Puratos
4.4.1 Puratos Basic Information
4.4.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.4.3 Puratos Prepared Flour Mixes Market Performance (2017-2022)
4.4.4 Puratos Business Overview
4.5 Prima Flour
4.5.1 Prima Flour Basic Information
4.5.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.5.3 Prima Flour Prepared Flour Mixes Market Performance (2017-2022)
4.5.4 Prima Flour Business Overview
4.6 Showa Sangyo
4.6.1 Showa Sangyo Basic Information
4.6.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.6.3 Showa Sangyo Prepared Flour Mixes Market Performance (2017-2022)
4.6.4 Showa Sangyo Business Overview
4.7 AngelYeast
4.7.1 AngelYeast Basic Information
4.7.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.7.3 AngelYeast Prepared Flour Mixes Market Performance (2017-2022)
4.7.4 AngelYeast Business Overview
4.8 Nippon Flour Mills
4.8.1 Nippon Flour Mills Basic Information
4.8.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.8.3 Nippon Flour Mills Prepared Flour Mixes Market Performance (2017-2022)
4.8.4 Nippon Flour Mills Business Overview
4.9 Kerry
4.9.1 Kerry Basic Information
4.9.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.9.3 Kerry Prepared Flour Mixes Market Performance (2017-2022)
4.9.4 Kerry Business Overview
4.10 Lam Soon
4.10.1 Lam Soon Basic Information
4.10.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.10.3 Lam Soon Prepared Flour Mixes Market Performance (2017-2022)
4.10.4 Lam Soon Business Overview
4.11 IREKS
4.11.1 IREKS Basic Information
4.11.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.11.3 IREKS Prepared Flour Mixes Market Performance (2017-2022)
4.11.4 IREKS Business Overview
4.12 Nisshin Seifun
4.12.1 Nisshin Seifun Basic Information
4.12.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.12.3 Nisshin Seifun Prepared Flour Mixes Market Performance (2017-2022)
4.12.4 Nisshin Seifun Business Overview
4.13 Yihai Kerry
4.13.1 Yihai Kerry Basic Information
4.13.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.13.3 Yihai Kerry Prepared Flour Mixes Market Performance (2017-2022)
4.13.4 Yihai Kerry Business Overview
4.14 Griffith
4.14.1 Griffith Basic Information
4.14.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.14.3 Griffith Prepared Flour Mixes Market Performance (2017-2022)
4.14.4 Griffith Business Overview
4.15 AB Mauri
4.15.1 AB Mauri Basic Information
4.15.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.15.3 AB Mauri Prepared Flour Mixes Market Performance (2017-2022)
4.15.4 AB Mauri Business Overview
4.16 Bakel
4.16.1 Bakel Basic Information
4.16.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.16.3 Bakel Prepared Flour Mixes Market Performance (2017-2022)
4.16.4 Bakel Business Overview
4.17 PT Gandum Mas Kencana
4.17.1 PT Gandum Mas Kencana Basic Information
4.17.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.17.3 PT Gandum Mas Kencana Prepared Flour Mixes Market Performance (2017-2022)
4.17.4 PT Gandum Mas Kencana Business Overview
4.18 Orangerie
4.18.1 Orangerie Basic Information
4.18.2 Prepared Flour Mixes Product Profiles, Application and Specification
4.18.3 Orangerie Prepared Flour Mixes Market Performance (2017-2022)
4.18.4 Orangerie Business Overview
5 Global Prepared Flour Mixes Market Analysis by Regions
5.1 Global Prepared Flour Mixes Sales, Revenue and Market Share by Regions
5.1.1 Global Prepared Flour Mixes Sales by Regions (2017-2022)
5.1.2 Global Prepared Flour Mixes Revenue by Regions (2017-2022)
5.2 North America Prepared Flour Mixes Sales and Growth Rate (2017-2022)
5.3 Europe Prepared Flour Mixes Sales and Growth Rate (2017-2022)
5.4 Asia-Pacific Prepared Flour Mixes Sales and Growth Rate (2017-2022)
5.5 Middle East and Africa Prepared Flour Mixes Sales and Growth Rate (2017-2022)
5.6 South America Prepared Flour Mixes Sales and Growth Rate (2017-2022)
6 North America Prepared Flour Mixes Market Analysis by Countries
6.1 North America Prepared Flour Mixes Sales, Revenue and Market Share by Countries
6.1.1 North America Prepared Flour Mixes Sales by Countries (2017-2022)
6.1.2 North America Prepared Flour Mixes Revenue by Countries (2017-2022)
6.1.3 North America Prepared Flour Mixes Market Under COVID-19
6.2 United States Prepared Flour Mixes Sales and Growth Rate (2017-2022)
6.2.1 United States Prepared Flour Mixes Market Under COVID-19
6.3 Canada Prepared Flour Mixes Sales and Growth Rate (2017-2022)
6.3.1 Canada Prepared Flour Mixes Market Under COVID-19
6.4 Mexico Prepared Flour Mixes Sales and Growth Rate (2017-2022)
6.4.1 Mexico Prepared Flour Mixes Market Under COVID-19
7 Europe Prepared Flour Mixes Market Analysis by Countries
7.1 Europe Prepared Flour Mixes Sales, Revenue and Market Share by Countries
7.1.1 Europe Prepared Flour Mixes Sales by Countries (2017-2022)
7.1.2 Europe Prepared Flour Mixes Revenue by Countries (2017-2022)
7.1.3 Europe Prepared Flour Mixes Market Under COVID-19
7.2 Germany Prepared Flour Mixes Sales and Growth Rate (2017-2022)
7.2.1 Germany Prepared Flour Mixes Market Under COVID-19
7.3 UK Prepared Flour Mixes Sales and Growth Rate (2017-2022)
7.3.1 UK Prepared Flour Mixes Market Under COVID-19
7.4 France Prepared Flour Mixes Sales and Growth Rate (2017-2022)
7.4.1 France Prepared Flour Mixes Market Under COVID-19
7.5 Italy Prepared Flour Mixes Sales and Growth Rate (2017-2022)
7.5.1 Italy Prepared Flour Mixes Market Under COVID-19
7.6 Spain Prepared Flour Mixes Sales and Growth Rate (2017-2022)
7.6.1 Spain Prepared Flour Mixes Market Under COVID-19
7.7 Russia Prepared Flour Mixes Sales and Growth Rate (2017-2022)
7.7.1 Russia Prepared Flour Mixes Market Under COVID-19
8 Asia-Pacific Prepared Flour Mixes Market Analysis by Countries
8.1 Asia-Pacific Prepared Flour Mixes Sales, Revenue and Market Share by Countries
8.1.1 Asia-Pacific Prepared Flour Mixes Sales by Countries (2017-2022)
8.1.2 Asia-Pacific Prepared Flour Mixes Revenue by Countries (2017-2022)
8.1.3 Asia-Pacific Prepared Flour Mixes Market Under COVID-19
8.2 China Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.2.1 China Prepared Flour Mixes Market Under COVID-19
8.3 Japan Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.3.1 Japan Prepared Flour Mixes Market Under COVID-19
8.4 South Korea Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.4.1 South Korea Prepared Flour Mixes Market Under COVID-19
8.5 Australia Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.5.1 Australia Prepared Flour Mixes Market Under COVID-19
8.6 India Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.6.1 India Prepared Flour Mixes Market Under COVID-19
8.7 Indonesia Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.7.1 Indonesia Prepared Flour Mixes Market Under COVID-19
8.8 Malaysia Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.8.1 Malaysia Prepared Flour Mixes Market Under COVID-19
8.9 Philippines Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.9.1 Philippines Prepared Flour Mixes Market Under COVID-19
8.10 Vietnam Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.10.1 Vietnam Prepared Flour Mixes Market Under COVID-19
8.11 Thailand Prepared Flour Mixes Sales and Growth Rate (2017-2022)
8.11.1 Thailand Prepared Flour Mixes Market Under COVID-19
9 Middle East and Africa Prepared Flour Mixes Market Analysis by Countries
9.1 Middle East and Africa Prepared Flour Mixes Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Prepared Flour Mixes Sales by Countries (2017-2022)
9.1.2 Middle East and Africa Prepared Flour Mixes Revenue by Countries (2017-2022)
9.1.3 Middle East and Africa Prepared Flour Mixes Market Under COVID-19
9.2 Saudi Arabia Prepared Flour Mixes Sales and Growth Rate (2017-2022)
9.2.1 Saudi Arabia Prepared Flour Mixes Market Under COVID-19
9.3 UAE Prepared Flour Mixes Sales and Growth Rate (2017-2022)
9.3.1 UAE Prepared Flour Mixes Market Under COVID-19
9.4 Egypt Prepared Flour Mixes Sales and Growth Rate (2017-2022)
9.4.1 Egypt Prepared Flour Mixes Market Under COVID-19
9.5 Nigeria Prepared Flour Mixes Sales and Growth Rate (2017-2022)
9.5.1 Nigeria Prepared Flour Mixes Market Under COVID-19
9.6 South Africa Prepared Flour Mixes Sales and Growth Rate (2017-2022)
9.6.1 South Africa Prepared Flour Mixes Market Under COVID-19
10 South America Prepared Flour Mixes Market Analysis by Countries
10.1 South America Prepared Flour Mixes Sales, Revenue and Market Share by Countries
10.1.1 South America Prepared Flour Mixes Sales by Countries (2017-2022)
10.1.2 South America Prepared Flour Mixes Revenue by Countries (2017-2022)
10.1.3 South America Prepared Flour Mixes Market Under COVID-19
10.2 Brazil Prepared Flour Mixes Sales and Growth Rate (2017-2022)
10.2.1 Brazil Prepared Flour Mixes Market Under COVID-19
10.3 Argentina Prepared Flour Mixes Sales and Growth Rate (2017-2022)
10.3.1 Argentina Prepared Flour Mixes Market Under COVID-19
10.4 Colombia Prepared Flour Mixes Sales and Growth Rate (2017-2022)
10.4.1 Colombia Prepared Flour Mixes Market Under COVID-19
10.5 Chile Prepared Flour Mixes Sales and Growth Rate (2017-2022)
10.5.1 Chile Prepared Flour Mixes Market Under COVID-19
11 Global Prepared Flour Mixes Market Segment by Types
11.1 Global Prepared Flour Mixes Sales, Revenue and Market Share by Types (2017-2022)
11.1.1 Global Prepared Flour Mixes Sales and Market Share by Types (2017-2022)
11.1.2 Global Prepared Flour Mixes Revenue and Market Share by Types (2017-2022)
11.2 Bread Mixes Sales and Price (2017-2022)
11.2.1 Global Bread Mixes Sales and Growth Rate (2017-2022)
11.2.2 Global Bread Mixes Price (2017-2022)
11.3 Pastry Mixes Sales and Price (2017-2022)
11.3.1 Global Pastry Mixes Sales and Growth Rate (2017-2022)
11.3.2 Global Pastry Mixes Price (2017-2022)
11.4 Batter Mixes Sales and Price (2017-2022)
11.4.1 Global Batter Mixes Sales and Growth Rate (2017-2022)
11.4.2 Global Batter Mixes Price (2017-2022)
12 Global Prepared Flour Mixes Market Segment by Applications
12.1 Global Prepared Flour Mixes Sales, Revenue, Market Share by Applications (2017-2022)
12.1.1 Global Prepared Flour Mixes Sales and Market Share by Applications (2017-2022)
12.1.2 Global Prepared Flour Mixes Revenue and Market Share by Applications (2017- 2022)
12.2 Household Sales, Revenue and Growth Rate (2017-2022)
12.3 Bakery Shop Sales, Revenue and Growth Rate (2017-2022)
12.4 Food Processing Sales, Revenue and Growth Rate (2017-2022)
13 Prepared Flour Mixes Market Forecast by Regions (2022-2028)
13.1 Global Prepared Flour Mixes Sales, Revenue and Growth Rate (2022-2028)
13.2 Prepared Flour Mixes Market Forecast by Regions (2022-2028)
13.2.1 North America Prepared Flour Mixes Market Forecast (2022-2028)
13.2.2 Europe Prepared Flour Mixes Market Forecast (2022-2028)
13.2.3 Asia-Pacific Prepared Flour Mixes Market Forecast (2022-2028)
13.2.4 Middle East and Africa Prepared Flour Mixes Market Forecast (2022-2028)
13.2.5 South America Prepared Flour Mixes Market Forecast (2022-2028)
13.3 Prepared Flour Mixes Market Forecast by Types (2022-2028)
13.4 Prepared Flour Mixes Market Forecast by Applications (2022-2028)
13.5 Prepared Flour Mixes Market Forecast Under COVID-19
14 Appendix
14.1 Methodology
14.2 Research Data Source
14.2.1 Secondary Data
14.2.2 Primary Data
14.2.3 Market Size Estimation
14.2.4 Legal Disclaimer
Executive Summary
The global prepared flour mixes market is likely to grow extensively over the anticipated period due to the rising demand for top-notch baked foods, increasing healthy habits awareness among consumers. The market is anticipated to reach USD 17,456.01 million by 2028. In addition to that, the key market players are actively involved in strategic collaborations, product development, launches, and mergers & acquisitions. Furthermore, Asia Pacific market for prepared flour mixes held the largest market share owing to the rising strategic activities and increasing product launches and acceptance of products in the countries of Japan, India, and South Korea. The market is segmented based on type and application.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADM
- CSM
- Zeelandia
- Puratos
- Prima Flour
- Orangerie
- PT Gandum Mas Kencana
- Bakel
- Showa Sangyo
- AngelYeast
- Nippon Flour Mills
- Kerry
- Lam Soon
- IREKS
- Nisshin Seifun
- Yihai Kerry
- Griffith
- AB Mauri
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 171 |
Published | December 2022 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 11647.44 Million |
Forecasted Market Value ( USD | $ 17456.01 Million |
Compound Annual Growth Rate | 5.9% |
Regions Covered | Global |