Batter and Breader Premixes Market Trends

Statistics for the 2023 & 2024 Batter and Breader Premixes market trends, created by Mordor Intelligence™ Industry Reports. Batter and Breader Premixes trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Batter and Breader Premixes Industry

This section covers the major market trends shaping the Batter & Breader Premixes Market according to our research experts:

Increasing demand for convenience food and ready to cook meals

The rising standard of living, growing working population, and increasing disposable income as a result of the growing economy, particularly in emerging economies such as India, Brazil, and China, has resulted in an increase in demand for convenience and processed meals. The expansion of the batter and breader premixes market is boosted by an increase in the number of quick-service restaurants and food outlets, as well as the growing embrace of fast-food culture. Emerging economies have been rising faster than industrialized economies in terms of processed foods in recent years, owing to the rapid rise of the processed food industry in these countries. Consumer preferences have gradually shifted away from traditional ways of food preparation at home and toward purchasing packaged meals. Consumer preferences have gradually evolved toward processed meat items, such as frozen meat and seafood products and sausages, as their lives have changed.

Batter and Breader Premixes Market: Revenue of Convenience Food Sector, in USD million, By Country, 2021.

Europe Holds a Prominent Market Share

Consumers' high disposable income and fast food consumption fuel this segment's growth. The demand for batter and breader premixes in this region has increased due to the increased penetration of quick-service restaurants and increased consumption of chicken and beef. The high demand for fried food has prompted industry operators to create new items that appeal to consumers' local preferences. Ease of use, high nutritional value, functionality, and quick delivery are just a few of the many attributes processors look for in premixes, and companies are increasingly bringing innovative and creative ideas to meet this demand. With the growing demand for the batter and breader premixes, players are expanding their presence in the region. For instance, Bowman Ingredients invested EUR 8 million in a new European manufacturing facility as it looks to expand its global presence and meet growing customer demand.

Batter and Breader Premixes Market - Market Share, in %, By Geography, Global, 2021

Batter and Breader Premixes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)