Baking Mixes Market Research Report—Forecast till 2026
$4450 – $6250
Global Baking Mixes Market is anticipated to exhibit a healthy CAGR of 4.23% to reach USD 2,890.7 Million during the review period. Baking mixes are instant premixes of bakery products which are used to prepare cookie & biscuit, pastry & muffin, and bread.
Description
Baking Mixes Market Research Report—Forecast till 2026
Market Dynamics
Global Baking Mixes Market is anticipated to exhibit a healthy CAGR of 4.23% to reach USD 2,890.7 Million during the review period. Baking mixes are instant premixes of bakery products which are used to prepare cookie & biscuit, pastry & muffin, and bread. These mixes are also known as instant bakery mixes because they save time cooking. The growth of the global market is attributed to the increased consumption of bakery products and the overall growth of the bakery industry. Furthermore, the rapidly evolving consumer preferences for product varieties in terms of taste, flavors, and freshness are expected to propel global market growth by 2026.
Global Baking Mixes Market is estimated to exhibit a significant growth rate during the review period owing to the growing demand for ready-to-eat food and convenience food is supporting the expansion of the global baking mixes market on a global platform. The increasing preference for organic and clean label baked products is expected to create profitable growth opportunities for baking mix manufacturers during the forecast period. Additionally, stringent government regulations on environment restrictions are limiting the growth of the global baking mix market.
Market Segmentation
Global Baking Mixes Market has been categorized into Product Type, Category, End-Use, and Distribution Channel.
Based on Product type the global market has been classified into Cookie & Biscuit Mixes, Cake, Pastry & Muffin Mixes, Bread Mixes, and Others. By Category segment, the market is bifurcated into Conventional and Gluten-Free.
Based on the End-Use segment the Global Baking Mixes Market is classified into Retail Consumers and Food Service. By Distribution Channel the market has been divided into Store-Based and Non-Store Based. The Store based segment has been further segmented into Supermarkets & Hypermarkets, Convenience Stores, and Others.
Regional Analysis
The geographic analysis of the global Baking mixes market research report has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
North America is expected to register the highest market owing to the largest market share of 45.63% of the global baking mix market in 2019. The regional market growth is driven by the rising consumer inclination towards baked products. Furthermore, the rising working population in North America and the increasing preference for convenience are expected to propel sales of baking mixes during the review period. Europe is expected to register the substantial market growth of baking mixes during the forecast period. The consumers in Europe are opting for healthy bakery products inclusive of whole grain, high fiber content, and gluten-free. Additionally, the rising consumer inclination towards convenience foods due to busy lifestyles is anticipated to propel the European baking mixes market during the review period.
Major Players
The Key Players operating in the Global Baking Mixes Market include General Mills Inc. Chelsea Milling Company (US), Associated British Foods plc (UK), Mondelēz International, Inc. (US), (US), Conagra Brands, Inc. (US), Bob’s Red Mill Natural Foods, Inc. (US), Hain Celestial (US), Keto and Company (US), Continental Mills, Inc. (US), and Dawn Food Products, Inc. (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 19
1.1.1 GLOBAL BAKING MIXES MARKET, BY PRODUCT TYPE, 2019 20
1.1.2 GLOBAL BAKING MIXES MARKET, BY CATEGORY, 2019 21
1.1.3 GLOBAL BAKING MIXES MARKET, BY END USE, 2019 22
1.1.4 GLOBAL BAKING MIXES MARKET, BY DISTRIBUTION CHANNEL, 2019 23
1.1.5 GLOBAL BAKING MIXES MARKET, BY REGION 24
2 MARKET INTRODUCTION
2.1 DEFINITION 25
2.2 SCOPE OF THE STUDY 25
2.3 RESEARCH OBJECTIVE 25
2.4 MARKET STRUCTURE 25
2.5 KEY BUYING CRITERIA 26
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 27
3.2 PRIMARY RESEARCH 28
3.3 SECONDARY RESEARCH 29
3.4 MARKET SIZE ESTIMATION 29
3.5 FORECAST MODEL 31
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 32
4 MARKET DYNAMICS
4.1 INTRODUCTION 33
4.2 DRIVERS 34
4.2.1 GROWTH OF THE BAKERY INDUSTRY 34
4.2.2 RISING DEMAND FOR READY-TO-EAT/CONVENIENCE FOOD 34
4.2.3 GROWTH OF THE ORGANIZED RETAIL SECTOR IN ASIA-PACIFIC 34
4.2.4 DRIVERS IMPACT ANALYSIS 35
4.3 RESTRAINT 35
4.3.1 REGULATORY FRAMEWORK 35
4.3.2 RESTRAINTS IMPACT ANALYSIS 36
4.4 OPPORTUNITIES 36
4.4.1 INCREASING CONSUMPTION OF “FREE-FROM,” CLEAN-LABEL PRODUCTS 36
4.4.2 PRODUCT INNOVATIONS 37
4.5 CHALLENGES 37
4.5.1 CONSUMERS PERCEPTIONS AND INCLINATION TOWARDS NATURAL BAKING INGREDIENT 37
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS 38
5.1.1 RAW MATERIALS 39
5.1.2 PROCESSING 39
5.1.3 PACKAGING 39
5.2 SUPPLY CHAIN ANALYSIS 40
5.3 PORTER’S FIVE FORCES MODEL 41
5.3.1 THREAT OF NEW ENTRANTS 41
5.3.2 BARGAINING POWER OF SUPPLIERS 42
5.3.3 BARGAINING POWER OF BUYERS 42
5.3.4 THREAT OF SUBSTITUTES 42
5.3.5 RIVALRY 43
5.4 QUALITATIVE ANALYSIS ON INGREDIENTS INCLUDED IN BAKING MIXES 43
5.4.1 OIL- 43
5.4.2 FATS- 43
5.4.3 BAKING POWDER- 43
5.4.4 EMULSIFIERS- 44
5.4.5 STABILIZERS- 44
5.4.6 THICKENERS- 44
5.4.7 COLORS- 44
5.4.8 FLAVORS- 44
5.4.9 ENZYMES- 44
5.4.10 PRESERVATIVES- 45
5.5 EVOLUTION OF THE INGREDIENTS 45
6 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL BAKING MIXES MARKET
6.1.1 IMPACT ON PRODUCTION 47
6.1.2 IMPACT ON CONSUMER BUYING BEHAVIOR 47
6.1.3 IMPACT ON SUPPLY CHAIN 47
6.1.4 IMPACT ON PRICING 48
6.1.5 IMPACT ON STORE-BASED VS. NON-STORE-BASED SALES 48
7 GLOBAL BAKING MIXES MARKET, BY PRODUCT TYPE
7.1 OVERVIEW 49
7.1.1 GLOBAL BAKING MIXES MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2018–2026 50
7.2 COOKIE & BISCUIT MIXES 50
7.2.1 COOKIE & BISCUIT MIXES: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 51
7.3 CAKE, PASTRY & MUFFIN MIXES 52
7.3.1 CAKE, PASTRY & MUFFIN MIXES: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 52
7.4 BREAD MIXES 53
7.4.1 BREAD MIXES: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 53
7.5 OTHERS 54
7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 54
8 GLOBAL BAKING MIXES MARKET, BY CATEGORY
8.1 OVERVIEW 55
8.1.1 GLOBAL BAKING MIXES MARKET ESTIMATES & FORECAST, BY CATEGORY, 2018–2026 56
8.2 CONVENTIONAL 57
8.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 57
8.3 GLUTEN-FREE 58
8.3.1 GLUTEN-FREE: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 58
9 GLOBAL BAKING MIXES MARKET, BY END USE
9.1 OVERVIEW 59
9.1.1 GLOBAL BAKING MIXES MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 60
9.2 RETAIL CONSUMERS 60
9.2.1 RETAIL CONSUMERS: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 61
9.3 FOOD SERVICE 62
9.3.1 FOOD SERVICE: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 62
10 GLOBAL BAKING MIXES MARKET, BY DISTRIBUTION CHANNEL
10.1 OVERVIEW 63
10.1.1 GLOBAL BAKING MIXES MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018–2026 64
10.2 STORE-BASED 65
10.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 65
10.3 NON-STORE-BASED 66
10.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 66
11 GLOBAL BAKING MIXES MARKET, BY REGION
11.1 OVERVIEW 67
11.2 NORTH AMERICA 69
11.2.1 US 73
11.2.2 CANADA 76
11.2.3 MEXICO 79
11.3 EUROPE 82
11.3.1 UK 86
11.3.2 GERMANY 89
11.3.3 FRANCE 92
11.3.4 ITALY 94
11.3.5 SPAIN 97
11.3.6 REST OF EUROPE 100
11.4 ASIA-PACIFIC 103
11.4.1 CHINA 107
11.4.2 INDIA 110
11.4.3 JAPAN 113
11.4.4 AUSTRALIA & NEW ZEALAND 115
11.4.5 REST OF ASIA-PACIFIC 118
11.5 REST OF THE WORLD 122
11.5.1 SOUTH AMERICA 126
11.5.2 MIDDLE EAST 129
11.5.3 AFRICA 131
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION 135
12.1.1 MARKET STRATEGY ANALYSIS 135
12.2 COMPETITIVE BENCHMARKING 136
12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 136
12.3.1 EXPANSIONS 136
12.3.2 PRODUCT LAUNCH 137
12.3.3 ACQUISITION 137
13 COMPANY PROFILES
13.1 GENERAL MILLS, INC. 138
13.1.1 COMPANY OVERVIEW 138
13.1.2 FINANCIAL OVERVIEW 139
13.1.3 PRODUCTS OFFERED 139
13.1.4 KEY DEVELOPMENTS 140
13.1.5 SWOT ANALYSIS 140
13.1.6 KEY STRATEGIES 141
13.2 CONAGRA BRANDS, INC. 142
13.2.1 COMPANY OVERVIEW 142
13.2.2 FINANCIAL OVERVIEW 142
13.2.3 PRODUCTS OFFERED 143
13.2.4 KEY DEVELOPMENTS 143
13.2.5 SWOT ANALYSIS 144
13.2.6 KEY STRATEGIES 144
13.3 CHELSEA MILLING COMPANY 145
13.3.1 COMPANY OVERVIEW 145
13.3.2 FINANCIAL OVERVIEW 145
13.3.3 PRODUCTS OFFERED 145
13.3.4 KEY DEVELOPMENTS 146
13.3.5 KEY STRATEGIES 146
13.4 ASSOCIATED BRITISH FOODS PLC 147
13.4.1 COMPANY OVERVIEW 147
13.4.2 FINANCIAL OVERVIEW 147
13.4.3 PRODUCTS OFFERED 148
13.4.4 KEY DEVELOPMENTS 148
13.4.5 SWOT ANALYSIS 149
13.4.6 KEY STRATEGIES 149
13.5 MONDELĒZ INTERNATIONAL, INC. 150
13.5.1 COMPANY OVERVIEW 150
13.5.2 FINANCIAL OVERVIEW 151
13.5.3 PRODUCTS OFFERED 151
13.5.4 KEY DEVELOPMENTS 152
13.5.5 SWOT ANALYSIS 152
13.5.6 KEY STRATEGIES 152
13.6 BOB’S RED MILL NATURAL FOODS, INC. 153
13.6.1 COMPANY OVERVIEW 153
13.6.2 FINANCIAL OVERVIEW 153
13.6.3 PRODUCTS OFFERED 153
13.6.4 KEY DEVELOPMENTS 154
13.6.5 KEY STRATEGIES 154
13.7 HAIN CELESTIAL 155
13.7.1 COMPANY OVERVIEW 155
13.7.2 FINANCIAL OVERVIEW 155
13.7.3 PRODUCTS OFFERED 156
13.7.4 KEY DEVELOPMENTS 156
13.7.5 KEY STRATEGIES 156
13.8 KETO AND COMPANY 157
13.8.1 COMPANY OVERVIEW 157
13.8.2 FINANCIAL OVERVIEW 157
13.8.3 PRODUCTS OFFERED 157
13.8.4 KEY DEVELOPMENTS 157
13.8.5 KEY STRATEGIES 157
13.9 CONTINENTAL MILLS, INC. 158
13.9.1 COMPANY OVERVIEW 158
13.9.2 FINANCIAL OVERVIEW 158
13.9.3 PRODUCTS OFFERED 158
13.9.4 KEY DEVELOPMENTS 159
13.9.5 KEY STRATEGIES 159
13.10 DAWN FOOD PRODUCTS, INC. 160
13.10.1 COMPANY OVERVIEW 160
13.10.2 FINANCIAL OVERVIEW 160
13.10.3 PRODUCTS OFFERED 160
13.10.4 KEY DEVELOPMENTS 160
13.10.5 SWOT ANALYSIS 161
13.10.6 KEY STRATEGIES 161
14 REFERENCES
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