Global Bread Mixes Market - Growth, Trends and Forecasts (2016 â€“ 2021)
The global bread mixes market was USD XX million in 2016 and is estimated to reach a value USD XX million by 2021 with a CAGR of XX%.
Global Bread Mixes Market Dynamics
In recent years, convenient foods have become widely popular, especially among working class people, teenage children etc. as it shortens the time of meal preparation at home fall.
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, the demand for gluten-free foods is increasing as the gluten sensitive or allergic population is slowly rising. Ancient grains such as quinoa, amaranth, millets based foods are more preferred over traditional wheat or white bread mixes.
However, the health conscious consumers opt for low carbohydrate content and nutritious foods. Bread, in general, has high carbohydrates, added preservatives and artificial colors content, which might have an adverse effect on the growth of the market. Even though the convenience food take lesser time for preparation and reduces strain, they tend to lack complete nutritive values and hard to control fat, salt and sugar levels and also the higher cost per serving might add woes to the bread mixes market.
Global Bread Mixes Market Segmentation
The highly fragmented market is categorized into gluten free, organic, whole grains based mixes, and flavored mixes. Whole grain and multigrain mixes have a considerable market share while organic and gluten free grains based bread mixes have increasing demand. Whole grains include wheat, sorghum, rye, barley, corn etc. which are widely available in the market.
North America has the highest market share followed by Europe. The developed countries like the United States, Canada, the United Kingdom and Germany occupy the major market share followed by fast developing regions of Asia-Pacific like China, Japan and India. The increasing westernization trends in the developing regions of South America and Africa is also driving the global bread mixes market.
Key Players in the Global Bread Mixes Market
Major players like Puratos, Pamelaâ€™s Products, King Arthur Flour and Pillsbury are adopting several strategies like acquiring local or small scale manufacturers, expanding their presence and collaborating with other players to market their products in the local regions and thus, increase their market share in the global bread mixes market.
PDF E-mail From Publisher
Multi User License (2-5 Users) Fulfilled by Publisher