Global Multi-Grain Premixes Market estimated value was at US$ 1.79 Bn in 2022 and is projected to reach US$ 3.08 Bn by the end 2032.
In recent years, the wave of health consciousness among consumers has been bringing significant changes in the bakery industry. Highly influenced by ‘nutritious’ quotient, multi-grains are increasingly appearing in food premixes and bakery products. As the bakery industry has been inundated with range of new products such as egg free premix and gluten-free bakery premix, in the view of changing consumer preferences, multi-grain premixes are emerging in popularity for use in bakery applications.
Key players in the multi-grain premixes market continue to work on various combination of grains to deliver different taste and flavor profiles, in addition to improving nutritional content of the final product. Grains commonly used in the preparation of multi-grain premixes, include wheat, sorghum, rye, quinoa, etc. Given consideration to rise of gluten intolerance among a growing number of consumers, market players are focusing on bringing gluten-free variants of multi-grain premixes into the marketplace, in order to attract a new segment of consumers.
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Significant Growth of Bakery Industry Offering Tailwinds to Multi-grain Premixes Market
Global food & beverages market is currently in a period of significant changes, with natural ingredients, snacking, and health and wellness at the forefront of consumer food preferences. With strong focus on reducing the burden of lifestyles diseases such as obesity, diabetes, and high cholesterol level, demand for multi-grain premixes is set for exponential growth in near future. Fortified with essential nutrients and vitamins, sales of multi-grain premixes are expected to be strong going forward, attributing further to healthy eating trend.
Growing consumption of bread and bakery products, especially in Asian countries, is projected to result in increased demand for bakery ingredients, such as multi-grain premixes. Increasing number of café and rise of coffee culture along with rising per capita consumption of bread in the region will open a window of opportunity in the multi-grain premixes market. Growing consumer demand for convenience yet healthy products due to hectic lifestyle is further expected to work to the advantage of key players in the multi-grain premixes market.
Multi-Grain Premixes Market: Regional Analysis
Growth prospects of the multi-grain premixes market remain high in North America and Europe, collectively accounting for significant revenue share. Strong presence of market players along with greater awareness regarding health benefits of multi-grain products among consumers in these regions are contributing to the growth of the multi-grain premixes market.
High opportunities are expected in developing countries in Asia, considering high purchasing power of consumer and rapid adoption of urban lifestyle in the region.
Multi-Grain Premixes Market: Key Participants
Some key participants of the multi-grain premixes market are:
- DSM
- Midas Foods Pvt. Ltd.
- Puratos Group
- Suntrails Foods
- KOMPLET International
- Swiss Bake Ingredients Private Limited
- AB Mauri
- Sonnenveld
- Pfahnl Backmittel GmbH
- Millers Foods
- Lesaffre Group
- Associated British Foods Plc.
The research report presents a comprehensive assessment of the multi-grain premixes market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as source, nature, and distribution channel.
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The report covers exhaustive analysis on:
- Multi-Grain Premixes Market Segment
- Multi-Grain Premixes Market Dynamics
- Multi-Grain Premixes Market Size
- Multi-Grain Premixes Supply and Demand
- Current Trends/Issues/Challenges pertaining to Multi-Grain Premixes Market
- Competition Landscape and Emerging Market Participants in Multi-Grain Premixes Market
- Technology related to Production/Processing of Multi-Grain Premixes
- Value Chain Analysis of the Multi-Grain Premixes Market
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Multi-Grain Premixes Market Segmentation
The multi-grain premixes market can be segmented on the basis of sources, nature, and distribution channel.
On the basis of source, the multi-grain premixes market can be segmented as:
- Wheat
- Sorghum
- Oats
- Quinoa
- Rye
- Others
On the basis of nature, the multi-grain premixes market can be segmented as:
- Organic
- Conventional
On the basis of distribution channel, the multi-grain premixes market can be segmented as:
- Direct Sales
- Indirect Sale
- Online Retail
- Specialty Stores
- Hypermarket/Supermarket
- Other Retail Format
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Report Highlights:
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments for Multi-Grain Premixes Market
- Competitive landscape for Multi-Grain Premixes Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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