The global Batter & breader premixes market size is estimated to be valued USD 2.5 billion in 2021 and is projected to reach a value of USD 3.4 billion by 2026, growing at a CAGR of 6.4% during the forecast period. The growth of this market is attributed to an increasing need for food security of the growing population.
Key players in this market include Kerry Group (Ireland), Bunge Limited (US), Newly Weds Foods, Inc. (US), McCormick & Company (US), Showa Sangyo Co., Ltd. (Japan), Lily River Foods (US).
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Mergers, acquisitions, and new product launches were the key strategies adopted by the leading players in the Batter & breader premixes with a view to improve their product line and presence in the market.
Associated British Foods plc (UK), headquartered in London, UK, is a diversified international food ingredients company founded in 1935.
The company operates through five business segments, namely, sugar, agriculture, retail, grocery, and ingredients. The ingredients segment manufactures bakers’ yeast, bakery ingredients, and yeast extracts, among other ingredients. The company has operations in 50 countries across Europe, Southern Africa, the Americas, Asia, and Australia, through its numerous subsidiaries.
ABF offers batter & breader premixes through its AB Mauri (India) subsidiary. AB Mauri is a technology leader of bread improvers, dough conditioners, and bakery mixes. It also offers pre-dust products that optimize batter performance. AB Mauri has a global presence with 55 plants in 34 countries, with sales across 90 countries. The company has two research labs in India to cater quality products to its clients.
Associated British Foods operates its business through several subsidiaries, namely, AB Agri Ltd (UK), AB Enzymes (Germany), AB Mauri (India), Abitec Corporation (US), Abitec Ltd (UK), ACH Food Companies (US)
The leading competitors of the company are Kerry Group (Ireland), Bunge Limited (US), Newly Weds Foods, Inc. (US), McCormick & Company (US), Showa Sangyo Co., Ltd. (Japan) .
Cargil, Incorporated (US), is an American multinational corporation company founded in 1865 and is headquartered in Minnetonka, US.
Cargill is involved in the manufacturing and marketing of food ingredients; agricultural products; and risk management, financial, and industrial products & services around the globe. Its key business segments include specialty food ingredients & applications and bulk ingredients. It comprises 75 businesses, which are classified into four main segments, namely, agriculture, food, financial, and industrial. The products & services provided by the company are in the area of animal nutrition and feed, commodity trading and processing, industrial/bio-industrial products, energy and fuels, farmer services, financial and risk management, food & beverage ingredients, health and personal care, and salt.
Its major competitors are Ingredion Incorporated (US), Associated British Foods plc (UK), Cargill, Incorporated (US), Archer Daniels Midland Company (US), Euroma (Netherlands), House-Autry Mills (US), BRATA Produktions (Germany), Solina Group (France), Prima Limited (Singapore), Bowman Ingredients (UK), and Coalescence LLC (US).
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
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