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Batter & Breader Premixes Market worth $3.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

04 Oct, 2023, 09:30 GMT

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CHICAGO, Oct. 4, 2023 /PRNewswire/ -- The Batter & Breader Premixes Market is estimated at USD 2.7 billion in 2023 and is projected to reach USD 3.8 billion by 2028, at a CAGR of 6.7% from 2023 to 2028 according to a report published by MarketsandMarkets™.

The increasing demand for convenience foods is one of the major drivers of the batter & breader premixes market. Consumers tend to prefer dishes with a well-coated and crispy exterior. Batter & breader premixes help deliver this desirable texture, which can lead to higher customer satisfaction and repeat business for restaurants and food manufacturers. For businesses in the food industry, using high-quality adhesion batter & breader premixes can be a way to distinguish themselves from competitors. A well-executed batter & breader premixes can set a product apart in terms of taste and texture.

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By batter type, adhesion batter premixes segment accounted for the largest share in 2022 in terms of value

This specialized type of batter plays a pivotal role in enhancing the quality and appeal of various food products. Unlike conventional batters, adhesion batter possesses unique properties that allow it to tightly adhere to the surface of the food item during cooking, creating a crispy and flavorful coating. The versatility of adhesion batter is another key factor propelling its prominence in the market. It can be customized to suit different types of cuisine and culinary applications, ranging from poultry and seafood to vegetables and even desserts. This adaptability has expanded the reach of adhesion batter across a wide array of food establishments, from fast-food chains to high-end restaurants.

By breader type, flour & starch breader premixes accounted for the largest share in 2022 in terms of value

Flour and starch-based breader formulations are highly adaptable to a diverse range of culinary applications. They can be tailored to suit different cuisines and accommodate various dietary preferences, making them a go-to choice for food processors and chefs across the industry. Whether used in coating meats, vegetables, or even desserts, these breader types offer a reliable and flexible solution for achieving the desired texture and flavor profile.

By application, the meat segment is estimated to grow at the highest rate in the batter & breader premixes market

The significance of this batter type lies in its ability to address a fundamental consumer preference for well-prepared meat. It forms a crucial barrier between the meat's surface and the cooking process, ensuring that it retains its natural juices and flavors. As a result, meat coated with this specialized batter emerges from the cooking process with a delightful combination of crispy exterior and succulent interior, meeting the high standards of taste and texture that discerning consumers demand.

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The Asia Pacific region is expected to grow at a significant rate in the global batter & breader premixes market

One of the key factors propelling the Asia Pacific region's significance in the market is its sheer demographic scale. Boasting some of the world's most populous countries, such as China and India, this region accounts for a substantial portion of global food consumption. As the middle class expands and consumer spending power grows, there is an increasing demand for convenient, high-quality food products, which drives the need for advanced batter and breader solutions.

Major key players operating in the batter & breader premixes are ADM (US), Kerry Group Plc (Ireland), Associated British Foods Plc (UK), Cargill, Incorporated (US), and Ingredion (US).

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Browse Adjacent Reports @ Food and Beverage Market Research Reports & Consulting

Related Reports:

Food Coating Market by Ingredient Type (Batter, Flours), Application (Bakery, Snacks), Equipment Type (Coaters and Applicators, Enrobers), Form (Dry, Liquid), Mode of Operation (Automatic, Semiautomatic) and Region - Global Forecast to 2028

Food Colors Market by Type (Natural, Synthetic, and Nature-identical), Application (Food Products and Beverages), Source (Plants & Animals, Microorganisms, and Minerals & Chemicals), Form, Solubility and Region - Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra

MarketsandMarkets™ INC.
630 Dundee Road
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USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
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