Market Research Report
Batter & Breader Premixes - Global Market Outlook (2020-2028)
|Batter & Breader Premixes - Global Market Outlook (2020-2028)|
Published: April 1, 2021
Stratistics Market Research Consulting
Content info: 150+ Pages
Delivery time: 2-3 business days
According to Stratistics MRC, the Global Batter & Breader Premixes Market is accounted for $2.35 billion in 2020 and is expected to reach $4.48 billion by 2028 growing at a CAGR of 8.4% during the forecast period. The rise in the consumption of premium meat products, Inclination toward low-carb products and rising demand for processed, prepared, and convenience food are driving the market growth. However, volatility in the prices of raw materials and high risk of food contamination are hampering the growth of the market.
Batter and breader premixes are food coating that can be applied on meat, poultry, vegetables, fish, and seafood in order to improve its taste, texture, and maintain its moisture level while frying or grilling. These premixes help in enhancing the taste of various ingredients and amalgamate nicely with the other components like, beer, salt, seasonings, water, buttermilk, among others. Batter and breader premixes are meant to be coated on deep-fried foods and both these coverings add to the eclectic appeal of the food.
Based on the mode of application, the meat and poultry segment is going to have lucrative growth during the forecast period as consumables such as chicken nuggets and pork schnitzel are gaining popularity in the batter premixes application market and this enhances the coating and taste of the meat products. Moreover, the batter premixes improve the flavor, texture, and color of pork and chicken products. By geography, Asia Pacific is going to have high growth during the forecast period owing to the growing demand for convenience foods and processed food, coupled with the changing lifestyle trends, changes in diets, which lead to an increase in the demand for processed meat products and the emergence of fast-food and quick-service restaurants in the region.
Some of the key players profiled in the Batter & Breader Premixes Market include Associated British Foods, Solina Group SAS, Bowman Ingredients, Prima Limited, Cargill, McCormick & Company, BRATA Produktions, Ingredion Incorporated, House-Autry Mills Inc., Bunge Limited, Coalescence LLC, EurOMA, Breading and Coating Ltd, Kerry Group, Newly Weds Foods, Inc., Blendex Company, LLC, Showa Sangyo Co., Ltd. and Archer Daniels Midland Company.
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.