With 6.2% CAGR, Batter and Breader Premixes Market Size Worth US$ 2,194 Million in 2028

SHERIDAN, WYOMING, UNITED STATES, December 6, 2022 /EINPresswire.com/ -- IMARC Group has recently released a new research study titled “Batter and Breader Premixes Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the batter and breader premixes industry?

The global batter and breader premixes market size reached US$ 1,512 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,194 Million by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.

What is a batter and breader premixes?

Batter and breader premixes represent food additives or coatings that are used to improve the taste as well as texture and retain the moisture level of several food products while grilling or frying. A batter refers to a thin mixture of water, flour, and other ingredients, such as salt, shortening, eggs, sugar, leavening agents, flavorings, etc. On the other hand, breader, also called breading, is a dry mixture of seasonings, flour, starch, leavening agents, etc. In line with this, they are extensively utilized to prepare baked goods and applied as coatings to other food items, such as seafood, meat, poultry, vegetables, etc.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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What are the major market drivers in the batter and breader premixes market?

The widespread adoption of these additives in the food processing industry to provide the desired texture, flavor, appearance, and aroma to various food products is primarily driving the batter and breader premixes market. Additionally, the rising consumer inclination towards convenience food items, such as processed meat and seafood, is further catalyzing the market growth. Besides this, the expanding working population, the inflating levels of urbanization, and the hectic lifestyles of individuals are propelling the demand for ready-to-cook meals as they are less time-consuming, which is acting as another significant growth-inducing factor. Moreover, the growing number of food service providers offering battered and breaded meat and chicken items is positively influencing the global market. Apart from this, the increasing investments by key market players in developing gluten- and genetically modified organism (GMO)-free variants and R&D activities are also augmenting the market growth. Furthermore, the emerging trend of fast-food culture is expected to fuel the batter and breader premixes market over the forecasted period.

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Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Batter Type:

Adhesion Batters
Coating Batters
Others

Breakup by Breader Type:

American-Style Bread Crumbs
Panko
Flour Breaders
Others

Breakup by Application:

Meat
Fish and Seafood
Poultry
Vegetables

By Geography:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

List of Major Key Players:

Archer-Daniels-Midland Company
Blendex Company
Bowmans Milling Limited (Solina Group SAS)
Breading & Coating Ltd
Bunge North America Inc. (Bunge Limited)
House-Autry Mills Inc
Ingredion Incorporated
Kerry Group plc
Newly Weds Foods Inc
Prima Limited
Sriboga Raturaya
Showa Sangyo Co. Ltd
Thai Nisshin Technomic Co. Ltd

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