Press release
Global Baking Mixes Market 2017: Industry Player, Price, Revenue, Share, Trends and Forecast Until 2022
Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of baking mixes market. The study is titled as “Baking Mixes Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global baking mixes market.Request for Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=300
According to the latest report by Fact.MR, the global market for baking mixes is likely to experience moderate CAGR. The market is estimated to reach US$ 5,893.3 million revenue towards 2022 end. Offering convenience, due to the reduced preparation time and all-in-one ingredient formulation are some of the factors resulting in the popularity of baking mixes among consumers. However, rising concern towards the health and preference for natural and organic food products is one of the major factor hampering the growth of the global baking mixes market.
3 Key Highlights on Global Baking Mixes Market
1. North America is expected to dominate the global baking mixes market during the forecast period. By the end of 2022, North America is projected to exceed US$ 1,900 million value. Owing to the stringent regulations for the food processing industry by the government is resulting in the growth of gluten-free baking mix products, thereby fueling the growth of North America baking mixes market.
2. Europe baking mixes market is also expected to account for more than one-fourth of the revenue share by the end of 2017. Various countries in Europe are also becoming technologically advanced in the field of food processing, thereby resulting in the demand for processed foods such as baking mixes.
3. Among various baking mix products, bread baking mix is expected to be one of the most preferred baking mix product. Bread baking mix is projected to reach nearly US$ 1,800 million revenue by the end of 2022. Meanwhile, cakes and pastries baking mixes are also expected to witness above-average growth during the forecast period 2017-2022.
North America to Dominate the Global Baking Mixes Market
North America is likely to remain dominant in the global baking mixes market throughout the forecast period 2017-2022. Meanwhile, Europe and Asia Pacific Excluding Japan (APEJ) are also anticipated to witness growth in the baking mixes market. Growth in disposable income and rising population are a few factors contributing to the growth of the market in APEJ region.
Bread Baking Mix- Top-Selling Product
Compared to the various baking mix products available in the market such as pizza dough baking mix, biscuits, and cookies baking mix, etc., bread baking mix is likely to emerge as one of the top-selling baking mix product. Bread baking mix is estimated to exceed US$ 1,700 million revenue by 2022 end. Although cakes and pastries are also likely to gain nearly one-fourth of the share in terms of the revenue by 2017 end.
Highest Distribution of Baking Mix through Modern Trade
Modern trade is likely to emerge as the biggest distribution channel for baking mix. By 2022 end, modern trade is estimated to exceed US$ 1,600 million value. Meanwhile, online distribution channels are also likely to experience moderate growth between 2017 and 2022.
Browse Full Report with TOC- https://www.factmr.com/report/300/baking-mixes-market
Table of Content:
1. Global Baking Mixes Market – Executive Summary
2. Global Baking Mixes Market Overview
2.1. Introduction
2.1.1. Global Baking Mixes Market Taxonomy
2.1.2. Global Baking Mixes Market Definition
2.2. Global Baking Mixes Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Baking Mixes Market Y-o-Y Growth
2.3. Global Baking Mixes Market Dynamics
2.4. Supply Chain
2.5. Product Innovations
2.6. Value Chain
2.7. Pricing Analysis
2.8. List of Distributors
2.9. Key Participants in the Market
3. Global Baking Mixes Market Analysis and Forecast By Product Type
3.1. Global Baking Mixes Market Size and Forecast By Product Type, 2012-2022
3.1.1. Bread Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Cakes and Pastries Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
Continued………
Check Discount on This Report- https://www.factmr.com/connectus/sample?flag=D&rep_id=300
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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