Batter and Breader Premixes Market to Set Phenomenal Growth in Key Regions by 2025

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Global Opportunity Opportunity Analysis Global Opportunity Opportunity Analysis Global Opportunity Global Opportunity Global Opportunity Global Opportunity Global & Opportunity Analysis Industry and Industry Forecast, Analysis and Industry and Industry Forecast, Analysis and Industry Analysis Analysis and and Industry Industry Analysis and Industry Forecast, 2014-2022 2014 - 2022 Forecast, 2014-2022 Forecast 2025 2014-2022 Forecast 2030 Forecast, 2014-2022 Forecast, 2014 - 2022 Forecast, 2017-2023

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Batter and Breader Premixes Market

“Rise in the demand for convenience food items has been the major factor driving the growth of the batter and breader premixes market. The number of fast food outlets and quick service restaurants has increased over the past few years, which use batter and breader as food coating in the preparation of deep-fried food, which in turn is expected to fuel the batter and breader premixes market growth.�

Shankar Bhandalkar Senior Research Analyst, Food and Beverage at AMR

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Batter and Breader Premixes Market

According to a new report published by Allied Market Research, titled,"Batter and Breader Premixes Market by Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global batter and breader premixes market size was $1,155.7 million in 2017 and is estimated to reach $1,819.3 million in 2025 growing at a CAGR of 5.9% throughout the forecast period.

The meat segment dominated the global batter and breader premixes market in 2017 and is expected to maintain the dominance throughout the forecast period. Batter and breader premixes are food coatings used while preparing fried foods. Batter is typically a thin coating to retain the moisture of food during deep frying. Breader is prepared using cereal-flour-based blends or thermally processed wheat-flour dough-based dry bread crumbs.

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Batter and Breader Premixes Market

The batter and breader premixes is driven by rise in consumption of meat, fish, seafood, and poultry. Moreover, increase in demand for ready-tocook meals and processed meat products among consumers has also contributed to the batter and breader premixes market growth.

Furthermore, increase in adoption of fast food culture coupled with rise in number of fast food outlets and quick service restaurants all around the world fuel the growth of the market. However, varying prices of raw materials used to manufacture batter and breader hinder the growth of the market and act as the major restraint for this industry.

Furthermore, the batter and breader premixes industry players focus on new and innovative products catering consumers ever changing needs, owing to increase in adoption of healthy lifestyle, which in turn increases the demand for better-quality products with extra nutritional benefits among the consumers. Therefore, introduction of new products such as gluten and Genetically Modified Organism (GMO) free batter and breader premixes is expected to provide lucrative opportunities for the market growth in the future.

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Batter and Breader Premixes Market

The report segments the batter and breader premixes market based on product type, application, and region. On the basis of type, the market is segmented into batter premixes and breader premixes. The breader premixes segment is further split into adhesion batter, tempura batter, and beer batter while the breader segmented is further classified into crumbs & flakes and flour & starch. Based on application, the market is divided into meat, fish & seafood, poultry, and vegetables. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. In 2017, based on application, the meat segment accounted for the highest share of the global market, whereas the vegetable segment is expected to grow at the highest CAGR of 6.5% during the forecast period owing to adoption of veganism and restrictions over consumption of certain meat products in some countries.

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Batter and Breader Premixes Market

Major Companies:  Archer-Daniels-Midland Company  Bowman Ingredients  Cargill Inc  Coalescence LLC  Dutch Protein & Services B.V.  Ingredion Incorporated  Kerry Group PLC  McCormick & CompanyInc  Newly Weds Food Inc.  Solina Group

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Batter and Breader Premixes Market

Key findings of the Batter and Breader Premixes Market:  Based on product type, the batter segment was the highest contributor to the batter and breader premixes market in terms of value in 2017 and is expected to grow at a CAGR of 5.8%, from 2018 to 2025.  Based on application, the meat segment was the highest contributor to the batter and breader premixes market in terms of value in 2017 and is estimated to grow at a CAGR of 5.9% from 2018 to 2025.  Based on product type, the breader premixes segment is expected to grow at the highest CAGR of 6.1% from 2018 to 2025.  Based on application, the vegetable segment accounted for less than one-fifth of the batter and breader premixes market share in 2017 and is estimated to grow at a CAGR of 5.4%.  Based on application, the poultry segment accounted for more than one-fourth of the market share in 2017 and is anticipated to grow at the higher CAGR of 6.0%.

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Batter and Breader Premixes Market

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