Batter and Breader Premixes Market 2023: Industry Trends, Size, Share, Growth and Forecast 2028
According to the latest report by IMARC Group, titled “Batter and Breader Premixes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The global batter and breader premixes market size reached US$ 1,512 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,194 Million by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
Batter and breader premixes represent food additives or coatings that are used to improve the taste as well as texture and retain the moisture level of several food products while grilling or frying. A batter refers to a thin mixture of water, flour, and other ingredients, such as salt, shortening, eggs, sugar, leavening agents, flavorings, etc. On the other hand, breader, also called breading, is a dry mixture of seasonings, flour, starch, leavening agents, etc. In line with this, they are extensively utilized to prepare baked goods and applied as coatings to other food items, such as seafood, meat, poultry, vegetables, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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Market Trends:
The widespread adoption of these additives in the food processing industry to provide the desired texture, flavor, appearance, and aroma to various food products is primarily driving the batter and breader premixes market. Additionally, the rising consumer inclination towards convenience food items, such as processed meat and seafood, is further catalyzing the market growth. Besides this, the expanding working population, the inflating levels of urbanization, and the hectic lifestyles of individuals are propelling the demand for ready-to-cook meals as they are less time-consuming, which is acting as another significant growth-inducing factor. Moreover, the growing number of food service providers offering battered and breaded meat and chicken items is positively influencing the global market. Apart from this, the increasing investments by key market players in developing gluten- and genetically modified organism (GMO)-free variants and R&D activities are also augmenting the market growth. Furthermore, the emerging trend of fast-food culture is expected to fuel the batter and breader premixes market over the forecasted period.
Breakup by Batter Type:
Adhesion Batters
Coating Batters
Others
Breakup by Breader Type:
American-Style Bread Crumbs
Panko
Flour Breaders
Others
Breakup by Application:
Meat
Fish and Seafood
Poultry
Vegetables
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Archer-Daniels-Midland Company
Blendex Company
Bowmans Milling Limited (Solina Group SAS)
Breading & Coating Ltd
Bunge North America Inc. (Bunge Limited)
House-Autry Mills Inc.
Ingredion Incorporated
Kerry Group plc
Newly Weds Foods Inc.
Prima Limited
Pt. Sriboga Raturaya
Showa Sangyo Co. Ltd
Thai Nisshin Technomic Co. Ltd
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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