Press release
Batter and Breader Premixes Market Size, Share, Industry Report 2024-2033
The new report published by The Business Research Company, titled ""Batter and Breader Premixes Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the batter and breader premixes market size has grown strongly in recent years. It will grow from $2.48 billion in 2023 to $2.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The batter and breader premixes market size is expected to see strong growth in the next few years. It will grow to $3.46 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.
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Consumption Of Packaged Meat Fuels Growth In The Batter And Breader Premixes Market
Rising global consumption of packaged meat products is expected to drive the batter and breader premixes market. The demand for meat has increased as consumers' average disposable income has increased. In developed regions such as North America and Europe, the consumption of packaged meat products is on the rise. For example, July 2021, according to the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, the global meat consumption per capita is projected to increase 0.3% p.a. to 35.4 kg in retail weight equivalent (RWE) by 2030. . Premixes are used to enhance the flavor of meat products. As a result, growing consumption of packaged meat products is promoting market growth.
Batter 2.0 To Gain A Competitive Edge In The Market
Major companies in the batter and breader premixes market are focused on developing Batter 2.0 with innovative packaging, such as resealable packaging, to gain a competitive edge in the market. Resealable packaging is a type of container or bag that can be easily sealed and reopened, allowing for repeated access to the contents while maintaining freshness. For instance, in July 2023, iD Fresh Food, an India-based food company, launched the iD Squeeze & Fry Vada Batter 2.0, featuring an innovative packaging design. The resealable packaging allows consumers to add masalas/condiments to the vada batter, and the upgraded spout ensures better flow without sticking. The transparent window in the pack allows visibility of the mixed masala.
The batter and breader premixes market covered in this report is segmented -
1) By Batter Type: Adhesion Batter, Tempura Batter, Beer Batter, Thick Batter, Customized Batter
2) By Breader Type: Crums And Flakes, Flour And Starch
3) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crops
4) By Batter Application: Meat, Seafood, Vegetables, Other Batter Applications
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Major companies operating in the batter and breader premixes market report are Cargill Incorporated, Archer Daniels Midland Company, The Archer-Daniels-Midland Company, Bunge Limited, Toshiba Machine Pvt.Ltd., Associated British Foods plc, BRF Ingredients S.A., Ajinomoto Co. Inc., Kerry Group plc, Ingredion Incorporated, McCormick & Company Incorporated, Showa Sangyo Co. Ltd., Kyoei Food Co. Ltd., Newly Weds Foods Inc., Blendex Company, Actuant Corporation, Solina S.A., HAWE Hydarulik, Bondioli&Pavesi, Bowman Ingredients Inc., Permco Inc., House-Autry Mills Inc., Bailey International LLC, Breading & Coating Ltd, Thai Nisshin Technomic Co. Ltd., Pt. Primera Panca Dwima, BRATA Productions GmbH, Arcadia Foods Limited, Xiamen Uprisingstar Foodstuffs Co. Ltd., Zhuhai Yitong Industrial Co. Ltd., Perfection Hydraulics Inc., Cessna Hydraulics
Contents of the report:
1. Executive Summary
2. Batter and Breader Premixes Market Report Structure
3. Batter and Breader Premixes Market Trends And Strategies
4. Batter and Breader Premixes Market - Macro Economic Scenario
5. Batter and Breader Premixes Market Size And Growth
…..
27. Batter and Breader Premixes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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