Global Baking Mixes Market Research Report
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Global Baking Mixes Market Research Report
Global Baking Mixes Market Research Report: Information by Type (Cookie & Biscuit Mixes, Cake, Pastry & Muffin Mixes, Bread Mixes, and Others), Category (Gluten-Free and Conventional), Distribution Channel (Store-Based (Hypermarkets & Supermarkets, Convenience Stores, and Others) and Non-Store-Based) and Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2024
Key Players: Global Baking Mixes Market comprises a host of key players. This includes names like Hain Celestial Group, Inc. (US), Conagra Brands, Inc. (US), General Mills, Inc. (US), Chelsea Milling Company (US), Associated British Foods Plc (UK), Continental Mills, Inc. (US), Simple Mills. (US), Bob's Red Mill Natural Foods, Inc. (US), Dr. Oetker (Germany), Stonewall Kitchen (US), Mondelez International (US), Keto and Company (US), Pioneer Brand (US), Miss Jones Baking Co. (US), and Foodstirs, Inc. (US).
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Global Baking Mixes Market Research Report
The global baking mixes market is projected to reach approximately USD 4.27 billion by 2024 and grow at a significant CAGR of 6.79% during the forecast period, from 2019 to 2024. Baking mixes are ready-to-use mixtures of bakery ingredients and additives that assist in the preparation of bakery products such as cookie & biscuit, pastry & muffin, and bread, among others. It is usually a dry powder blend of product ingredients, and the user can prepare the bakery product in minimal time.
Regional Analysis: Europe is expected to dominate the market for baking mixes during the forecast period. Germany, the UK, and France are projected to be the significant contributing country in this region for the growth of baking mixes market. Growing demand for convenience bakery products among the working population is majorly driving the growth of baking mixes in this region. North America is also expected to hold a significant share in the global baking mixes market. The US is projected to be the major contributor to the growth of the market in this region. However, Asia-Pacific is expected to exhibit the highest CAGR during the forecast period. Developing countries such as India and China are among the significant contributors to the growth of Asia-Pacific baking mixes market. Changing lifestyle, increasing per capita disposable income, and growing inclination of consumers towards convenience bakery products are some of the factors driving the growth of the market in this region.
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Global Baking Mixes Market Research Report
Segmentation Global Baking Mixes Market has been segmented in terms of type, distribution channel, and category. By type, the market includes pastry & muffin mixes, cookie & biscuit mixes, cake, bread mixes, others. By category, the market segments into gluten-free and conventional. By distribution channel, the market branches into store-based and non-store-based channels. The store-based segment is narrowed down into convenience stores, supermarkets and hypermarkets, and others.
Intended Audience Baking mixes manufacturers Bakery industry Dealers and distributors Raw material suppliers and distributors Traders, exporters, and importers
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Copyright Š 2017 Market Research Future.
Global Baking Mixes Market Research Report
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Copyright Š 2017 Market Research Future.