Baking Mixes includes the pre-mixed formulation of all the ingredients used to prepare various baked products. Some of the common ingredients used in the baking mixes are flour, baking soda, baking powder, salt, sugar, yeast, flavoring ingredients, and other ingredients depending on the type of baked product, for instance, leaving aside the common ingredients, additional baking mix ingredients for bread differ from the baking mix ingredients for cakes, muffins, etc. Most of the baking mixes are available in a powder form and require the addition of milk, water, cooking oil, eggs, etc.
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Rising number of consumers moving away from the artificial ingredients, sweeteners, and preservatives is resulting in the manufacturers focusing on developing or producing baking mixes using organic or natural sweeteners and ingredients. Hence, baking mixes including organic and gluten-free ingredients are more gaining traction. Meanwhile, major market players are also investing in the research to offer new flavors and enhance the taste. With nutrition-focused and ingredient-focused ready to pay more for the quality product, baking mixes manufacturers are conducting quality-assurance testing of the product.
According to the latest report by Fact.MR, the global market for baking mixes is likely to experience moderate CAGR. The market is estimated to reach US$ 5,893.3 million revenue towards 2022 end. Offering convenience, due to the reduced preparation time and all-in-one ingredient formulation are some of the factors resulting in the popularity of baking mixes among consumers. However, rising concern towards the health and preference for natural and organic food products is one of the major factor hampering the growth of the global baking mixes market.
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Highest Distribution of Baking Mix through Modern Trade
Modern trade is likely to emerge as the biggest distribution channel for baking mix. By 2022 end, modern trade is estimated to exceed US$ 1,600 million value. Meanwhile, online distribution channels are also likely to experience moderate growth between 2017 and 2022.
North America to Dominate the Global Baking Mixes Market
North America is likely to remain dominant in the global baking mixes market throughout the forecast period 2017-2022. Meanwhile, Europe and Asia Pacific Excluding Japan (APEJ) are also anticipated to witness growth in the baking mixes market. Growth in disposable income and rising population are a few factors contributing to the growth of the market in APEJ region.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global baking mixes market through 2022, which include Cargill Inc., General Mills, Inc., Pinnacle Foods Inc., Chelsea Milling Company, Ingredion Incorporated, Associated British Foods plc, Archer-Daniels-Midland Company, Bob's Red Mill Natural Foods, Inc., Hain Celestial Group, Inc., and Dawn Food Products Inc.
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About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
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Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
Ask for sample link here: https://www.factmr.com/connectus/sample?flag=S&rep_id=300
Rising number of consumers moving away from the artificial ingredients, sweeteners, and preservatives is resulting in the manufacturers focusing on developing or producing baking mixes using organic or natural sweeteners and ingredients. Hence, baking mixes including organic and gluten-free ingredients are more gaining traction. Meanwhile, major market players are also investing in the research to offer new flavors and enhance the taste. With nutrition-focused and ingredient-focused ready to pay more for the quality product, baking mixes manufacturers are conducting quality-assurance testing of the product.
According to the latest report by Fact.MR, the global market for baking mixes is likely to experience moderate CAGR. The market is estimated to reach US$ 5,893.3 million revenue towards 2022 end. Offering convenience, due to the reduced preparation time and all-in-one ingredient formulation are some of the factors resulting in the popularity of baking mixes among consumers. However, rising concern towards the health and preference for natural and organic food products is one of the major factor hampering the growth of the global baking mixes market.
View Full Report@:- https://www.factmr.com/report/300/baking-mixes-market
Highest Distribution of Baking Mix through Modern Trade
Modern trade is likely to emerge as the biggest distribution channel for baking mix. By 2022 end, modern trade is estimated to exceed US$ 1,600 million value. Meanwhile, online distribution channels are also likely to experience moderate growth between 2017 and 2022.
North America to Dominate the Global Baking Mixes Market
North America is likely to remain dominant in the global baking mixes market throughout the forecast period 2017-2022. Meanwhile, Europe and Asia Pacific Excluding Japan (APEJ) are also anticipated to witness growth in the baking mixes market. Growth in disposable income and rising population are a few factors contributing to the growth of the market in APEJ region.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global baking mixes market through 2022, which include Cargill Inc., General Mills, Inc., Pinnacle Foods Inc., Chelsea Milling Company, Ingredion Incorporated, Associated British Foods plc, Archer-Daniels-Midland Company, Bob's Red Mill Natural Foods, Inc., Hain Celestial Group, Inc., and Dawn Food Products Inc.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=300
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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