Global Bread Mixes Market is expected to reach $6.68 billion at a CAGR of 2.3% by 2034

Growing interest in artisanal baked goods that mimic traditional artisan baking techniques is driving consumption of bread mixes: Fact.MR report

Rockville, MD, July 22, 2024 (GLOBE NEWSWIRE) — According to a new research report published by Fact.MR, the global bread mix market is expected to reach a value of US$5.32 billion in 2024 and subsequently grow at a CAGR of 2.3% from 2024 to 2034.

Consumers are increasingly demanding artisanal baked goods, including breads, cakes and other confections. More and more manufacturers are also focusing on the appearance and texture of baked goods. They are looking to produce products that appear to be handmade using traditional artisan baking techniques.

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Technological advances are also benefiting the baking industry with the introduction of new solutions at different stages of the baking process. As a result, artisan bakeries are emerging as a promising source of growth for specialty ingredients, such as bread machine mixes. Many bread mixes are now appealing to health-conscious consumers looking for whole-grain, gluten-free or low-carb options, expanding the bread mix market. Some mixes even allow for easy customization, allowing customers to include their favorite ingredients.

Among all types of products available, bread and roll mixes account for more than half of global sales, with modern trade leading the way with two-fifths of the revenue share.

Key Takeaways from the Market Research

• The global bread mix market is expected to reach US$ 6.68 billion by the end of 2034.

• Sales of bread mixes in the United States are estimated to reach US$584.6 million by 2024.

• The South Korean market is expected to reach $348.6 million by the end of 2034.

• The demand for bread mixes in North America is expected to grow at a CAGR of 2.5% between 2024 and 2034.

• China is expected to account for a 49.4% market share in East Asia by 2024.

• Global sales of pizza mixes are estimated to reach US$846.5 million by 2024.

“Bread mixes come in a wide variety of flavors and types, from traditional to specialty. Bread mixes allow for easy customization, allowing customers to include their favorite ingredients,” underlines an analyst from Fact.MR.

Major retail chains partner with leading bread mix brands and manufacturers

Bread mixes are widely available in supermarkets and hypermarkets, which are part of modern retail due to their large sales area and distribution networks. This accessibility encourages impulse purchases and frequent replenishment. Large retail chains frequently work with major brands and manufacturers of bread mixes. They can use their marketing resources to promote these products, run promotions and offer discounts. This visibility increases consumer awareness and encourages trial and purchase.

The story continues

Modern retail outlets typically offer a diverse selection of bread mixes to suit a variety of tastes, dietary preferences (such as gluten-free or organic), and consumer requirements. This variety allows customers to find products that meet their needs without having to visit multiple stores.

Major market players drive innovation Bread mix Walk

Some of the major manufacturers in the bread mix market as listed in the report include: Bakels India; The Langlois Company; Corbion NV; Lesaffre; IRCA SPA; Bunge Limited; Glanbia PLC; Orkla Food Ingredients; Cargill Incorporated; IFFCO Ingredient Solutions; Associated British Foods Plc; Ingredion Incorporated and Ardent Mills.

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Industry News in the Bread mix Walk

Major players in the bread mix market are adopting a two-pronged strategy: increasing production while driving innovation through artisan-style breads and special offers. This approach appeals to a broader audience.

Many manufacturers are investing in product decorating units (PDUs), which allow for custom designs on baked goods of any shape or weight. This technology enhances product appeal and meets consumer demand for visually interesting food options.

Glanbia Nutritionals (October 2021): Launch of the OvenPro series, a solution that improves the texture and flavor of cakes and breads.

Related British Foods (April 2023): Launch of plant-based bread mixes, aimed at the growing vegetarian market.

Cargill (February 2023): Launched gluten-free bread mixes, meeting dietary needs and expanding their customer base.

Other valuable information is offered

Fact.MR, in its new offering, presents an unbiased analysis of the bread mix market for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study discloses the bread mixes market based on type (bread and roll mixes, sourdough bread mixes, pizza mixes, rye bread mixes) and distribution channel (traditional trade, modern trade, industrial, food service), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).

Discover additional market insights with Fact.MR Research

Global Baking mix market are expected to reach $11.09 billion by 2033, with growth 5.3% CAGR over the next ten years.

Global Vegan Baking Mix Market is expected to increase at a rate CAGR of 5.3% and reach 1.68 billion US dollars by 2033.

Gluten-Free Baking Mix Market to reach 454 million US dollars in 2022, with the market expected to grow at a high CAGR of 7.3% by 2032.

Tortilla Mix Market is expected to grow at a CAGR of 6.7% to achieve a valuation of 23.5 billion US dollars by 2033.

Global Plant-Based Bread Market is expected to grow at a steady rate by 2031 due to the increasing number of vegan people.

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