Batter & Breader Premixes Market

Batter & Breader Premixes Market worth $3,431.6 million by 2026

The report "Batter & Breader Premixes Market by Application (Meat, Seafood, and Vegetables), Batter Type (Adhesion, Tempura, Beer, Thick, and Customized), Breader Type (Crumbs & Flakes and Flour & Starch), and Region Global Forecast to 2026" The global batter & breader premixes market is estimated to be valued at USD 2,513.6 million in 2021. It is projected to reach USD 3,431.6  million by 2026, recording a CAGR of 6.4% during the forecast period. The global batter & breader premixes market is projected to exhibit potential growth in the next five years. The market is driven by the increase in consumption of processed meat products. Further, the emerging market potential, growing population, and developing technologies in this market are estimated to have a medium growth impact on the batter & breader premixes market. However, stringent international quality standards and regulations and the fluctuating prices of commodities are the key factors hampering the growth of this market.

Browse 379 market data Tables and 54 Figures spread through 319 Pages and in-depth TOC on "Batter & Breader Premixes Market by Application (Meat, Seafood, and Vegetables), Batter Type (Adhesion, Tempura, Beer, Thick, and Customized), Breader Type (Crumbs & Flakes and Flour & Starch), and Region Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/batter-breader-premixe-market-10807786.html

ABF offers a wide range of batter & breader products.

Associated British Foods Plc (ABF) pursues the growth strategy of enhancing its production scale and geographic presence. The company focuses on organic as well as inorganic growth for geographical expansions. Currently, the company is focusing on expanding in the European batter & breader premixes market through mergers & acquisitions. Its R&D activities are focused on the development of new premixes products, enabling it to offer innovative products to the food industry and addressing various needs of its customers. It is also focusing on acquiring other companies to take advantage of opportunities in the new markets and regions.

Increasing Usage of Tempura Batter in Seafood Applications.

Tempura batter is a mixture of starch and flour and consists of high solid content. It is made from wheat flour, rice flour, cornflour, modified starches, proteins, gums, spice extracts, reducing sugars, and seasoning. It contains a high amount of leavening agents, which are added to the mixture of the ingredients mentioned above. No breading is required to supplement tempura batter, as it renders a fine crispy structure to the final product. It is used as a coating for numerous food applications in vegetables, seafood, and meat products, owing to its ability to puff and expand. It helps to create a puffed layer around the final product; this layer is crispy with lots of air spaces. However, tempura batter has a very short lifespan, as it is useful only for a few moments after it is mixed with water. The flour is too quickly saturated with water, and hence a fresh new batter is made. If not used carefully, the chances of wastage remain very high.

Onion batter are consumed at a high rate globally.

Onions are considered one of the most versatile vegetables and have been consumed at a high rate globally for various cuisines. Onion rings are extremely popular in the US as a snack and also as a side dish in restaurants. This factor helps premix manufacturers to provide different flavors for this segment. According to the National Onion Association, apart from onion rings, onion blooms and other onion appetizers are also extremely popular in restaurants. Moreover, in the past decade, red onions have gained immense popularity, as they contain vitamins and minerals, including folate, thiamine, calcium, magnesium, potassium, manganese and vitamins C, K and B6, and are being used in sandwiches, salads, and pizzas.

Another factor contributing to the onion ring batter premixes market growth is the increasing R&D. According to the Manitoba Food Development Centre, pea starch can also be used as a batter to fry onion rings. It makes them appear golden and darker, in terms of color. It also increases the nutritious value of the final products.

North America is projected to reach USD 1,614.9 million during the forecast period.

North America dominates the global batter & breader premixes market; it accounted for a 47.0% market share in 2020. This is due to the increasing demand for convenience food items in the meat and seafood category. Also, the high standard of living has accelerated the snacks industry of this region, which, in turn, is accelerating the growth of the batter & breader premixes market.

The US is projected to dominate the North American batter & breader premixes market during the forecast period. This is due to the high awareness among consumers and food centers about the usage of these premixes in different applications. Other factors contributing to the growth of the market are the advantages offered by these products, such as better visual appeal, texture, and taste; as well as the increasing popularity of meat and seafood products coated with batters and breaders. In recent years, the rise in imports of breaded seafood products has also been noticed in this country. Major companies of this region, such as Cargill (US) and ADM (US), are highly focusing on innovations to provide better products to their customers.

Don’t miss out on business opportunities in Batter & Breader Premixes Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
FB 6555
PR Published ON
3/19/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Batter and Breader Premixes Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home