Baking Mixes Market Overview, Trends and Growth Opportunities Forecasted till 2022

Baking mixes are the ingredients used for making baked food products. Baking mixes are being used to save the time. However, with increasing health consciousness among consumers, manufacturers are producing baking mixes that are gluten-free and are made using wheat or rice flour, they are also using natural sweeteners in baking mixes. New flavors are also being introduced. Quality assurance is also becoming an important part of the baking mixes market. Hence manufacturers are conducting quality test to check if ingredient are added in correct proportion. This report, published by Fact.MR, provides in-depth analysis of the global baking mixes market for the forecast period 2017-2022, and offers key insights about future market direction.

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Scope

The scope of Fact.MR’s report is to analyze the global baking mixes market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Baking mixes manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to baking mixes.

In order to offer readers with up-to-date information about the latest advancements in the global baking mixes market, the report provides updates about market opportunities, which can benefit leading manufacturers of baking mixes. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for baking mixes manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

The Fact.MR report on the global baking mixes market provides in-­­­­­­­­­ analysis. The global market for baking mixes is segmented on the basis of product type, distribution channel, and region. This segment-wise analysis also offers detailed country-wise forecast on all the major parameters of the baking mixes market.

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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.

4- Distribution of baking mixes is expected to be the highest through the modern trade. By the end of 2022, modern trade is projected to reach close to US$ 1,700 million revenue. Modern trade is also projected to account for nearly one-third of the revenue share by the end of 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global baking mixes market through 2022, which include Cargill Inc., General Mills, Inc., Pinnacle Foods Inc., Chelsea Milling Company, Ingredion Incorporated, Associated British Foods plc, Archer-Daniels-Midland Company, Bob's Red Mill Natural Foods, Inc., Hain Celestial Group, Inc., and Dawn Food Products Inc.

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This release was published on openPR.