Global Prepared Flour Mixes Market is valued approximately USD 23.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.1 % over the forecast period 2020-2027. Prepared Flour Mixes are a mix of flours, starches and functional ingredients. This mix are used as a readymade dry mix for producing high-quality gluten free baked goods. Growing preference of customers towards gluten-free products like bread and cakes, numerous alternatives for fat-free and low calorie products along with the investment in industry by big market players is fueling the growth in the market . For Instance: in December 2019, Nisshin Seifun Group begins its first premix plant Vietnam to capture a significant share Asia Pacific market. However, changing dietary habits in countries like China, along with expansion of fat food joints will impedes the growth of the market over the forecast period of 2020-2027. Also, with the increasing demand in restaurants due to increasing tourism and travelling in the countries like India, China, Singapore, Vietnam and Thailand is likely to increase the market growth during the forecast period.
The regional analysis of global Prepared Flour Mixes market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to strong technical engagement of domestic and international players in developing product lineup . Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing flour production due to population growth would create lucrative growth prospects for the Prepared Flour Mixes market across Asia-Pacific region.
Major market player included in this report are:
Archer Daniels Midland Company
Lesaffre Group
Echema Technologies
Luscombe - Allied Mills
Rich Foods Corporation
Nisshin Seifun Group
Grand Place Puratos
Pondan Pangan Makmur
CJ Foods Milling Vietnam LLC
Tien Hung Joint Stock Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Bread Mix
Pastry Mix
Batter Mix
By Application:
Household
Bakery Shops
Food Processing Industry
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027
Target Audience of the Global Prepared Flour Mixes Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors