Prepared Flour Mixes Market to Grow at a CAGR of 5.3% to reach US$ 33,370.85 Million from 2021 to 2028

The global Prepared Flour Mixes market size is expected to reach US$ 33,370.85 million by 2028, according to a new report by The Insight Partners. It is anticipated to expand at a CAGR of 5.3% during the forecast period.

Prepared flour mix is a readymade dry mixture of various ingredients, such as flours, functional ingredients, starches, flavors, and others. Besides, they contain ingredients in defined qualities that help reduce calories and provide additional nutrients, such as essential fats, vitamins, and carbohydrates. Prepared flour mixes are widely used in various industries, such as the food service industry and bakery and confectionery industry. The adoption of prepared flour mixes in these industries is increasing due to its numerous benefits, such as less preparation time and balanced flavor and texture, which, in turn, drives the growth of the prepared flour mixes market.

Get Sample Report @ https://www.theinsightpartners.com/sample/TIPRE00010918/?utm_source=OpenPR&utm_medium=10432

AB Mauri; PURATOS; Lesaffre; Archer Daniels Midland Company; General Mills, Inc.; Kerry Group; Swiss Bake Ingredients Pvt. Ltd; G.R Wright & Sons; Nitto-Fuji International Vietnam Co., Ltd; and Allied Pinnacle are among the players operating in the prepared flour mixes market. These companies are constantly striving to expand and diversify their market presenceandacquire new customers across different geographies.

In 2020, Asia-Pacific held the largest share in the global prepared flour mixes market and North America is anticipated to be the fastest-growing market during the forecast period. In recent years, the bakery industry in China has been growing rapidly due to country’s expanding middle class population, ongoing westernization of lifestyles and diets, and the augmenting demand for convenient food options including prepared flour mixes, which fuels the market growth.

Market Insights

Increasing Demand for Prepared Flour Mixes from Asia-Pacific

The prepared flour mixes market in Asia-Pacific is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia-Pacific. The increase in travel and tourism across the region is projected to boost the Asia-Pacific market during the forecast period. A rising number of tourists in countries, such as India, Vietnam, China, Singapore, and Thailand, is anticipated to drive the consumption of bakery products, such as bread and cakes. Additionally, the demand for prepared flour mixes is expected to rise in the next few years as they are easily fortified with natural ingredients to increase the nutritional profile.

Get the Latest COVID-19 Analysis on Prepared Flour Mixes Market @ https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00010918/?utm_source=OpenPR&utm_medium=10432

Category Insights

Based on category, the prepared flour mixes market is bifurcated into gluten free and conventional. In 2020, the conventional segment held a larger share of the market. The conventional prepared flour mixes are made with various traditional ingredients, such as salt, sugars, emulsifiers, fats, wheat flour, and dairy products that include gluten. The price of conventional mixes is less than the price of gluten-free mixes. The conventional mixes can have adverse health issues and can lead to celiac disease, an autoimmune disorder caused due to the consumption of gluten, thus can hinder the adoption of conventional prepared flour mixes in the food & beverage industry.

GLOBAL PREPARED FLOUR MIXES MARKET SEGMENTATION

Prepared Flour Mixes Market – by Category

• Gluten Free

• Conventional

Prepared Flour Mixes Market – by Application:

• Breads

• Cakes

• Others

Purchase a Copy of the Report @ https://www.theinsightpartners.com/buy/TIPRE00010918/?utm_source=OpenPR&utm_medium=10432

TABLE OF CONTENT

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data

4. Global Prepared Flour Mixes Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Competitive Rivalry
4.3 Value Chain Analysis
4.3.1 Raw Material
4.3.2 Manufacturing/Processing
4.3.3 Packaging
4.4 Expert Opinion

5. Prepared Flour Mixes Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Widening Application Scope
5.1.2 Growth of Bakery Industry
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices
5.3 Market Opportunities
5.3.1 Fortification of Prepared Flour Mixes
5.4 Future Trends
5.4.1 Upsurge in Demand for Gluten-free Products
5.5 Impact Analysis

6. Prepared Flour Mixes Market– Global Analysis
6.1 Prepared Flour Mixes Market Overview
6.2 Prepared Flour Mixes Market –Revenue and Forecast To 2028 (US$ Million)
6.3 Competitive Positioning – Key Market Players

7. Prepared Flour Mixes Market Analysis – By Category
7.1 Overview
7.2 Prepared Flour Mixes Market, By Category (2020 and 2028)
7.3 Gluten Free
7.3.1 Overview
7.3.2 Gluten Free: Prepared Flour Mixes Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Conventional
7.4.1 Overview
7.4.2 Conventional: Prepared Flour Mixes Market – Revenue and Forecast to 2028 (US$ Million)

8. Prepared Flour Mixes Market Analysis – By Application
8.1 Overview
8.2 Prepared Flour Mixes Market, By Application (2020 and 2028)
8.3 Breads
8.3.1 Overview
8.3.2 Breads: Prepared Flour Mixes Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cakes
8.4.1 Overview
8.4.2 Cakes: Prepared Flour Mixes Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Prepared Flour Mixes Market – Revenue and Forecast to 2028 (US$ Million)

…continued

Contact US:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: http://www.theinsightpartners.com

About The Insight Partners:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our wide range of research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials and Foods and Bavarages.

This release was published on openPR.