Market Size of Bread Mixes Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.67 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bread Mixes Market Analysis
The global bread mixes market is growing at a CAGR of 4.67% during the forecast period (2020-2027).
The novel COVID-19 pandemic has significantly impacted the entire food and beverage industry, including the Indian bread flour and premixes industry. This pandemic has caused mass production shutdowns and supply chain disruptions, affecting the economy. Due to the lockdown, sales of non-edible products were high during the start of 2020, while sales of edible products, such as bread, cakes, bakery products, and many others, were insufficient due to a labor shortage. A high incidence of in-home cooking will foster demand for products in the premixes segment. With fears of job losses and falling income, consumers may cut spending on discretionary categories by down-trading in the same product category. For example, according to this figure, 191.06 million Americans used bread crumbs, coating, and stuffing products/mixes in 2020, compared to 190.42 million in 2019. As a result, according to U.S. Census statistics, COVID-19 had little impact on the bread mix market category (NHCS).
The global bread mixes market is driven by increased awareness of healthy food. Trade provides the shoppers with a broad rise in population, boosting the market's growth rise in population boost growth of the market.
The shifting trend towards westernization in the developing regions is increasing the demand for convenience foods in the underdeveloped and developing regions of the world. Moreover, there is a rising demand for ancient grain-based and gluten-free bread mixes. Mixes based on ancient grains, such as chia, amaranth, quinoa, Kamut, and sorghum, have also become popular among health-conscious customers.
Bread Mixes Industry Segmentation
Breads are widely consumed all over the world. It is composed of water, flour, yeast, baking soda, and salt. It is the basic necessity for living beings to live a healthy life. Rice, wheat, oats, and corn are various types of bread mixes. The global bread mixes market is segmented by type which is classified as Organic and convetional. By application, which is classified as industrial purposes, food service, and others. Moreover, the study provides an analysis of the bread mixes market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers market size and forecasts for Bread Mixes in value (USD million) for all the above segments.
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Bread Mixes Market Size Summary
The global bread mixes market is experiencing steady growth, driven by increasing consumer awareness of healthy food options and the rising demand for convenience foods. The market is influenced by a shift towards westernization in developing regions, which is boosting the popularity of bread mixes, including those based on ancient grains and gluten-free options. The pandemic initially disrupted the market due to production shutdowns and supply chain issues, but it also led to a surge in in-home cooking, which supported demand for premixes. The market is characterized by a growing preference for additive-free, non-GMO, and clean-label products, as consumers seek healthier and more convenient bakery options. This trend is particularly strong in developed markets, where consumers are willing to pay a premium for health and convenience.
North America holds the largest market share, followed by Europe, with significant contributions from developed countries like the United States, Canada, and Germany. The Asia-Pacific region is also witnessing rapid growth, driven by increasing westernization and rising disposable incomes. Leading companies in the market, such as Cargill, Corbion, and ADM, are investing in new product developments and expanding their presence in both international and regional markets. These companies are focusing on enhancing their product offerings and engaging with consumers to build trust and loyalty. The competitive landscape is marked by innovation and strategic investments, as companies strive to meet the evolving demands of health-conscious and convenience-seeking consumers.
Bread Mixes Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Organic
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2.1.2 Conventional
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2.2 By Application
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2.2.1 Industrial purpose
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2.2.2 Foodservice
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2.2.3 Others
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Italy
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2.3.2.6 Spain
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 India
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2.3.3.2 China
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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Bread Mixes Market Size FAQs
What is the current Bread Mixes Market size?
The Bread Mixes Market is projected to register a CAGR of 4.67% during the forecast period (2024-2029)
Who are the key players in Bread Mixes Market?
Cargil, Corbion, ADM, Frutarom and Tate & Lyle are the major companies operating in the Bread Mixes Market.
