Description
Batter and Breader Premixes Market was valued at $1,155.8 million in 2021 and is expected to grow at a CAGR of 6.0% to reach $1,819.6 million by 2028 due to rise in demand for convenience food like fried meat & seafood. Moreover, increase in consumption of meat and sea food, advancements in the food and beverages industries, and 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. Increase in demand for convenience food is a key factor that drive the global batter and breader premixes market. Due to the urbanization, change in life style of people, work pressure and to manage their time, most of the people are preferring 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 batter and breader market. Moreover, rise in the industries of frozen food, increasing demand, and increase in consumption of fried meat and sea food are major factors that are driving the growth of the industry and global batter and breader premixes market over the forecast period.