Product Code: ETC4545685 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India bakery premixes market import shipment demonstrated robust growth with a CAGR of 29.9% from 2020-2024. The market sustained its momentum, albeit at a slightly slower pace, with a growth rate of 5.2% between 2023 and 2024. Overall, the market expanded steadily over the period, showcasing a positive and upward trend.
The India bakery premixes market is on the rise as bakeries and food manufacturers look for convenient solutions to streamline their production processes and improve product consistency. Bakery premixes include pre-blended ingredients like flours, emulsifiers, and raising agents, designed to simplify the baking process while ensuring quality and taste. As the India bakery industry caters to a growing consumer base, the use of premixes has become a cost-effective and efficient choice for producing a wide range of baked goods. This market encompasses a variety of premix types for different applications, from bread and pastries to cakes and cookies. The market`s expansion reflects the modernization and efficiency enhancement in the India bakery sector, contributing to the production of high-quality baked products.
The India bakery premixes market is driven by several factors. One of the primary drivers is the increasing demand for convenience foods. With changing lifestyles and a surge in urbanization, consumers are seeking easy and quick solutions for their dietary needs. Bakery premixes provide a convenient way to prepare various baked goods. Moreover, the growing inclination towards western-style bakery products and the influence of global cuisines are boosting the demand for bakery premixes in India. Additionally, the bakery industry`s expansion, driven by the rising number of cafes, quick-service restaurants, and bakery outlets, is propelling the market. Furthermore, innovative product offerings, such as gluten-free and organic bakery premixes, are gaining popularity among health-conscious consumers, further fueling the market`s growth.
The bakery premixes market in India faces challenges related to providing convenient and high-quality solutions to the baking industry. Developing premixes that cater to a wide range of bakery products while maintaining their consistency and quality is a persistent challenge. Educating and training the baking industry about the proper usage of premixes and their benefits is essential. Adhering to regulatory standards and addressing changing consumer preferences are ongoing challenges.
The India Bakery Premixes Market saw mixed impacts from the COVID-19 pandemic. While the demand for bakery products remained consistent, the closure of foodservice establishments and the reduction in consumer footfall had implications for the premix industry. The market had to pivot towards providing premixes suitable for home bakers, capitalizing on the rise of home baking during lockdowns. The pandemic also led to increased demand for products with extended shelf life and nutritional enhancements. As the food industry bounces back, the bakery premixes market is expected to continue thriving by adapting to evolving consumer preferences.
Bakery premixes simplify the baking process. Prominent players in the India bakery premixes market include Puratos Group, Bakels Group, and Kerry Group. These companies offer bakery premixes that provide convenience and consistency in the preparation of bakery products, catering to the demands of the India baking industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Bakery Premixes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bakery Premixes Market Revenues & Volume, 2021 & 2031F |
3.3 India Bakery Premixes Market - Industry Life Cycle |
3.4 India Bakery Premixes Market - Porter's Five Forces |
3.5 India Bakery Premixes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Bakery Premixes Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Bakery Premixes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenience foods. |
4.2.2 Growing demand for baked goods due to changing consumer lifestyles. |
4.2.3 Rising disposable incomes leading to higher purchasing power for bakery products. |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting production costs. |
4.3.2 Intense competition from traditional bakeries and other packaged food products. |
5 India Bakery Premixes Market Trends |
6 India Bakery Premixes Market, By Types |
6.1 India Bakery Premixes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Bakery Premixes Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Bakery Premixes Market Revenues & Volume, By Complete Mix, 2021-2031F |
6.1.4 India Bakery Premixes Market Revenues & Volume, By Dough-Base Mix, 2021-2031F |
6.1.5 India Bakery Premixes Market Revenues & Volume, By Dough Concentrates, 2021-2031F |
6.2 India Bakery Premixes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Bakery Premixes Market Revenues & Volume, By Bread Products , 2021-2031F |
6.2.3 India Bakery Premixes Market Revenues & Volume, By Bakery Products Cakes, 2021-2031F |
6.2.4 India Bakery Premixes Market Revenues & Volume, By Pastries, 2021-2031F |
6.2.5 India Bakery Premixes Market Revenues & Volume, By Muffins, 2021-2031F |
6.2.6 India Bakery Premixes Market Revenues & Volume, By Donuts, 2021-2031F |
6.2.7 India Bakery Premixes Market Revenues & Volume, By Pancakes, 2021-2031F |
7 India Bakery Premixes Market Import-Export Trade Statistics |
7.1 India Bakery Premixes Market Export to Major Countries |
7.2 India Bakery Premixes Market Imports from Major Countries |
8 India Bakery Premixes Market Key Performance Indicators |
8.1 Consumer demand for innovative and exotic flavors in bakery premixes. |
8.2 Adoption rate of advanced technologies in the production of bakery premixes. |
8.3 Growth in the number of retail outlets offering bakery premixes. |
8.4 Consumer feedback and reviews on the quality and taste of bakery premix products. |
8.5 Percentage of repeat customers purchasing bakery premixes. |
9 India Bakery Premixes Market - Opportunity Assessment |
9.1 India Bakery Premixes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Bakery Premixes Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Bakery Premixes Market - Competitive Landscape |
10.1 India Bakery Premixes Market Revenue Share, By Companies, 2024 |
10.2 India Bakery Premixes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |