The North America Prepared Flour Mixes Market would witness market growth of 6.4% CAGR during the forecast period (2021-2027).
Prepared flour mixes are made up of a variety of ingredients like flours, starches, tastes, and functional additives. Additionally, most of the elements required in baking, such as oil, sugar, milk, and salt, are included in these mixes. Prepared mixes save time in the kitchen, add taste and texture to the finished product, and extend its shelf life. As a result, they're widely employed in the baking and confectionery industries. These premixes can be found in a variety of locations, including specialised stores, supermarkets, and department stores.
Because of changing eating patterns and the rising frequency of lifestyle disorders such as obesity and diabetes, there has been an increase in demand for healthy bakery preparations. In addition, the manufacture of cholesterol-free, fiber-rich, and low-fat prepared flour mixes, is one of the primary factors driving market expansion. Furthermore, there has been a rise in competitiveness among market competitors in the baked products sector, with an emphasis on time-saving and improved baking procedures.
Because of the COVID-19 epidemic, North America is one of the worst-affected economies. In comparison to Mexico and Canada, the United States has the largest number of COVID-19 confirmed cases in the region. The unusual surge in COVID-19 cases in the United States and Canada, as well as the following closure of production facilities in both countries, has harmed the food and beverage industry's growth. The demand for prepared flour mixes is expected to expand steadily in the next years due to the reopening of major growth markets in the region, vaccine development, and government initiatives to boost economic and industrial progress.
The burgeoning demand for functional foods and beverages is credited with the rapid expansion of prepared flour premixes in North America. In addition, vitamin supplements should be included in the daily routine of persons over the age of 50, according to the US Food and Drug Administration. This type of government initiative encourages supplement makers to create new products and capitalize on rising demand.
The US market dominated the North America Prepared Flour Mixes Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $8,673.1 million by 2027. The Canada market is estimated would exhibit expected to witness a CAGR of 7.9% during (2021 - 2027).
Based on Application, the market is segmented into Bakery Shops, Food Processing Industry, Household and Others. Based on Product, the market is segmented into Bread Mix, Pastry Mix and Batter Mix. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Prepared Flour Mixes Market is Estimated to reach $34.2 Billion by 2027, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lesaffre Group, Wilmar International Limited, Bakels Group, Puratos NV/SA, Allied Mills, Rich Products Corporation, Nisshin Seifun Group Inc., CJ CheilJedang Corporation, and PT. Pondan Pangan Makmur Indonesia.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Bakery Shops
- Food Processing Industry
- Household
- Others
By Product
- Bread Mix
- Pastry Mix
- Batter Mix
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Lesaffre Group
- Wilmar International Limited
- Bakels Group
- Puratos NV/SA
- Allied Mills
- Rich Products Corporation
- Nisshin Seifun Group Inc.
- CJ CheilJedang Corporation
- PT. Pondan Pangan Makmur Indonesia
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Prepared Flour Mixes Market, by Application
1.4.2 North America Prepared Flour Mixes Market, by Product
1.4.3 North America Prepared Flour Mixes Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Prepared Flour Mixes Market
Chapter 4. North America Prepared Flour Mixes Market by Application
4.1 North America Bakery Shops Market by Country
4.2 North America Food Processing Industry Market by Country
4.3 North America Household Market by Country
4.4 North America Other Application Market by Country
Chapter 5. North America Prepared Flour Mixes Market by Product
5.1 North America Bread Mix Market by Country
5.2 North America Pastry Mix Market by Country
5.3 North America Batter Mix Market by Country
Chapter 6. North America Prepared Flour Mixes Market by Country
6.1 US Prepared Flour Mixes Market
6.1.1 US Prepared Flour Mixes Market by Application
6.1.2 US Prepared Flour Mixes Market by Product
6.2 Canada Prepared Flour Mixes Market
6.2.1 Canada Prepared Flour Mixes Market by Application
6.2.2 Canada Prepared Flour Mixes Market by Product
6.3 Mexico Prepared Flour Mixes Market
6.3.1 Mexico Prepared Flour Mixes Market by Application
6.3.2 Mexico Prepared Flour Mixes Market by Product
6.4 Rest of North America Prepared Flour Mixes Market
6.4.1 Rest of North America Prepared Flour Mixes Market by Application
6.4.2 Rest of North America Prepared Flour Mixes Market by Product
Chapter 7. Company Profiles
7.1 Lesaffre Group
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Geographical Expansions:
7.2 Wilmar International Limited
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.3 Bakels Group (EMU AG)
7.3.1 Company Overview
7.4 Puratos NV/SA
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Acquisition and Mergers:
7.5 Allied Mills (Associated British Foods Plc)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.6 Rich Products Corporation (RE Rich Family Holding Corporation)
7.6.1 Company Overview
7.7 Nisshin Seifun Group Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Recent strategies and developments:
7.7.3.1 Acquisition and Mergers:
7.8 CJ CheilJedang Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.9 PT. Pondan Pangan Makmur Indonesia
7.9.1 Company Overview
TABLE 1 North America Prepared Flour Mixes Market, 2017 - 2020, USD Million
TABLE 2 North America Prepared Flour Mixes Market, 2021 - 2027, USD Million
TABLE 3 North America Prepared Flour Mixes Market by Application, 2017 - 2020, USD Million
TABLE 4 North America Prepared Flour Mixes Market by Application, 2021 - 2027, USD Million
TABLE 5 North America Bakery Shops Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Bakery Shops Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Food Processing Industry Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Food Processing Industry Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Household Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Household Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Other Application Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Other Application Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Prepared Flour Mixes Market by Product, 2017 - 2020, USD Million
TABLE 14 North America Prepared Flour Mixes Market by Product, 2021 - 2027, USD Million
TABLE 15 North America Bread Mix Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Bread Mix Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Pastry Mix Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Pastry Mix Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Batter Mix Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Batter Mix Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Prepared Flour Mixes Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Prepared Flour Mixes Market by Country, 2021 - 2027, USD Million
TABLE 23 US Prepared Flour Mixes Market, 2017 - 2020, USD Million
TABLE 24 US Prepared Flour Mixes Market, 2021 - 2027, USD Million
TABLE 25 US Prepared Flour Mixes Market by Application, 2017 - 2020, USD Million
TABLE 26 US Prepared Flour Mixes Market by Application, 2021 - 2027, USD Million
TABLE 27 US Prepared Flour Mixes Market by Product, 2017 - 2020, USD Million
TABLE 28 US Prepared Flour Mixes Market by Product, 2021 - 2027, USD Million
TABLE 29 Canada Prepared Flour Mixes Market, 2017 - 2020, USD Million
TABLE 30 Canada Prepared Flour Mixes Market, 2021 - 2027, USD Million
TABLE 31 Canada Prepared Flour Mixes Market by Application, 2017 - 2020, USD Million
TABLE 32 Canada Prepared Flour Mixes Market by Application, 2021 - 2027, USD Million
TABLE 33 Canada Prepared Flour Mixes Market by Product, 2017 - 2020, USD Million
TABLE 34 Canada Prepared Flour Mixes Market by Product, 2021 - 2027, USD Million
TABLE 35 Mexico Prepared Flour Mixes Market, 2017 - 2020, USD Million
TABLE 36 Mexico Prepared Flour Mixes Market, 2021 - 2027, USD Million
TABLE 37 Mexico Prepared Flour Mixes Market by Application, 2017 - 2020, USD Million
TABLE 38 Mexico Prepared Flour Mixes Market by Application, 2021 - 2027, USD Million
TABLE 39 Mexico Prepared Flour Mixes Market by Product, 2017 - 2020, USD Million
TABLE 40 Mexico Prepared Flour Mixes Market by Product, 2021 - 2027, USD Million
TABLE 41 Rest of North America Prepared Flour Mixes Market, 2017 - 2020, USD Million
TABLE 42 Rest of North America Prepared Flour Mixes Market, 2021 - 2027, USD Million
TABLE 43 Rest of North America Prepared Flour Mixes Market by Application, 2017 - 2020, USD Million
TABLE 44 Rest of North America Prepared Flour Mixes Market by Application, 2021 - 2027, USD Million
TABLE 45 Rest of North America Prepared Flour Mixes Market by Product, 2017 - 2020, USD Million
TABLE 46 Rest of North America Prepared Flour Mixes Market by Product, 2021 - 2027, USD Million
TABLE 47 Key Information – Lesaffre Group
TABLE 48 Key Information – Wilmar International Limited
TABLE 49 Key Information – Bakels Group
TABLE 50 Key Information – Puratos NV/SA
TABLE 51 Key Information – Allied Mills
TABLE 52 Key Information – Rich Products Corporation
TABLE 53 Key Information – Nisshin Seifun Group Inc.
TABLE 54 Key Information – CJ CheilJedang Corporation
TABLE 55 Key Information – PT. Pondan Pangan Makmur Indonesia
List of Figures
FIG 1 Methodology for the research