Market Size of Batter and Breader Premixes Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 2.80 Billion |
Market Size (2029) | USD 3.79 Billion |
CAGR (2024 - 2029) | 6.30 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Batter and Breader Premixes Market Analysis
The Batter and Breader Premixes Market size is estimated at USD 2.80 billion in 2024, and is expected to reach USD 3.79 billion by 2029, growing at a CAGR of 6.30% during the forecast period (2024-2029).
During the COVID-19 pandemic, the batter and breader premixes market was affected moderately. Moreover, the demand for packaged and convenience food increased during the pandemic, but the manufacturers witnessed a decrease in production due to the lockdown, and the supply chain was affected badly due to supply chain disruptions, stopping of manufacturing activity, and restricted raw material availability.
The primary factor driving the growth of the batter and breader premixes market is the increasing inclination of the consumers toward convenience foods, including processed meat and seafood. The growing trend of fast food culture both among young and youth populations has also attributed to the growth of the market. These premixes are used in restaurants to improve food presentation by preventing cracks, splits, and fall-offs.
Rising consumer demand for nutritious, low-calorie, organic, and gluten-free ingredients is fostering the breader premixes market participants with more nutritional content in the market landscape.