Prepared Flour Mixes Market 2024 Opportunity Assessment, Size, Growth Rate And Forecast To 2033

"The new report published by The Business Research Company, titled ""Prepared Flour Mixes 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 prepared flour mixes market size has grown strongly in recent years. It will grow from $26.9 billion in 2023 to $29.24 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The prepared flour mixes market size is expected to see strong growth in the next few years. It will grow to $42.12 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%.

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Rising Demand For Ready-To-Eat Foods To Drive Market Growth
Increasing demand for ready-to-eat (RTE) foods and processed products is expected to propel the growth of the prepared flour market. Ready-to-eat products are used to prepare food easily, and some of the products, such as cereal and baby foods, use prepared flour mixes. People have been choosing ready-to-eat meals as they are convenient, and companies are also expanding their opportunities in this market. For instance, according to the survey conducted in February 2021 in Malaysia by Food Research, a US-based Open Access journal, 52% of the respondents consumed RTE food two to four times a week, and around 44% of them consumed RTE food during lunch. Therefore, increasing demand for ready-to-eat food products is driving the growth of the prepared flour mix market.

Product Innovations Transforming The Prepared Flour Mixes Market
Major companies operating in the prepared flour mixes market are developing new products such as regeneratively grown flour to gain a competitive edge in the market. Regeneratively grown flour refers to flour produced from crops cultivated through regenerative farming practices, emphasizing soil health, biodiversity, and sustainability. For instance, in November 2023, King Arthur Baking Company, a US-based food company, launched the 100% Regeneratively-Grown Climate Blend, featuring a mix of grains developed by the Breadlab at Washington State University, prioritizing soil health and utilizing regenerative farming practices to cultivate nutrient-dense grains. The blend, verified by third-party service Regenified, aims to enhance sustainability, reduce carbon emissions, and promote resilience in farming. In addition to its sustainable and regenerative attributes, it also offers consumers a rich, nutty flavor, contributing to a unique and environmentally conscious baking experience.

The prepared flour mixes market covered in this report is segmented -

1) By Type: Batter Mixes, Bread Mixes, Pastry Mixes, Other Types
2) By Distribution Channel: Direct Sales, Indirect Sales
3) By Application: Household, Bakery Shop, Food Processing, Other Applications

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Major companies operating in the prepared flour mixes market report are Nestlé S.A., Archer Daniels Midland Company (ADM), PepsiCo Inc., Mondelez International Inc., The Kraft Heinz Company, General Mills Inc., Conagra Brands Inc., ITC Ltd., Kerry Group plc, Smucker, J.M. Smucker Company, Arçelik A.Ş., McCormick, McCormick, Nisshin Seifun Group, AB Mauri, Nippon Flour Mills, Puratos, Britannia Industries Ltd., Nitto-Fuji International, Continental Mills, CJ Foods Milling Vietnam, Chelsea Milling Company, Interflour Group, Allied Mills, Yihai Kerry, Vinh Thuan, Prima Flour, Orangerie, IREKS, Parle Agro Pvt Ltd., G.R.B. Agro Limited, Everest Flour Mills Limited

Contents of the report:
1. Executive Summary
2. Prepared Flour Mixes Market Report Structure
3. Prepared Flour Mixes Market Trends And Strategies
4. Prepared Flour Mixes Market - Macro Economic Scenario
5. Prepared Flour Mixes Market Size And Growth
…..
27. Prepared Flour Mixes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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