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Batter and Breader Premixes Market: By Batter Premixes Type, By Breader Premixes Type, By Application and Geography
Batter and Breader Premixes Market size was valued at US$ 1,655.8 million in 2023 and will reach US$1,919.6 million by 2030 and is poised to grow at a CAGR of 7.6% from 2024 - 2030 due to a rise in demand for convenience food like fried meat & seafood. Moreover, the increase in consumption of meat and seafood, advancements in the food and beverages industries, and an increase in demand for packed and frozen food products are major factors that are driving the growth of the global market over the forecast timeframe. The increase in demand for convenience food is a key factor that drives the global batter and breeder premixes market. Due to urbanization, changes in life style of people, work pressure and to manage their time, most of the people prefer convenience food as it is easily available and made instantly with in no time. This trend of convenience or frozen food is the major factor for the growth of the batter and bread market. Moreover, rise in the industries of frozen food, increasing demand, and increase in consumption of fried meat and seafood are major factors that are driving the growth of the industry and global batter and breeder premixes market over the forecast period.
Study Period
2024-2030Base Year
2023CAGR
7.6%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
Consumer desire for ready-to-cook meals and processed meat products is driving the global batter and breader premixes market. One of the primary segments in the batter and breader premixes industry is convenience food, such as packaged or processed meat and seafood. The global consumption of processed meat and seafood is increasing at a rapid rate, which is expected to boost the batter and breader premixes market throughout the forecast period. Furthermore, the market's growth is fueled by the rapid acceptance of fast food culture, as well as an increase in the number of fast food outlets and quick service restaurants. Throughout the projected period, however, unpredictable raw materials costs are expected to be a major limitation on market expansion.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 1,655.8 million |
Market Size in 2030 |
US$1,919.6 million |
Market CAGR |
7.6% |
By Batter Premixes Type |
|
By Breader Premixes Type |
|
By Application |
|
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The batter and breader premixes market size was valued at US$ 1,655.8 million in 2023
The batter and breader premixes market key players are: British Foods plc, Cargill, Incorporated, ADM, Euroma, House-Autry., Kerry, Bunge Limited, McCormick & Company, General Mills, Inc., Showa Sangyo Co., Ltd., Newly Weds Foods., BLENDEX COMPANY, Bowman Ingredients., Bunge North America, Coalescence., Solina, Ingredion., Prima Limited, PT Sriboga Raturaya Thai Nisshin Technomic
The batter and breader premixes market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Key Market Players