The global bakery premixes market size is estimated to be valued at USD 298 million in 2019 and is projected to reach USD 413 million by 2025, recording a CAGR of 5.6% during the forecast period. South America is the fastest-growing market and offers high growth prospects for bakery premixes manufacturers in the coming years. Due to the adoption of urbanized lifestyle in countries, such as Brazil and Argentina, the demand for bakery products remains high, thus driving the sales of bakery premixes in the region. In addition, in the mature markets of Europe and North America, consumers are opting for value-added products, such as whole-grain bread, ‘gluten-free,’ and organic, which is driving the sales of bakery premixes in these regions.
Key players in the bakery premixes market include Oy Karl Fazer AB (Finland), Archer Daniels Midland Company (US), Puratos (Belgium), Corbion (Netherlands), Bakels Group (Switzerland), Nestle (Switzerland), Cargill (US), Nisshin Seifun Group Inc. (Japan), KCG Corporation, Swiss Bake Ingredients Pvt. Ltd. (Switzerland), Lesaffre (France), GK Ingredients (Malaysia), Premia Food Additives Pvt. Ltd. (India), Winner Group (Thailand), Midas Foods (US), Synova (Thailand), Heliofood (Malaysia), Watson Inc.(US), Limagrain (France), KCG Corporation (Thailand), Pondan (Indonesia), Trans Standard International (Malaysia), PT Sriboga Flour Mill (Indonesia), Winner Group (Thailand), Pt Gandum Mas Kencana (Indonesia), Heliofood (Malaysia) and Synova (Thailand), Dongguan Dongmei Foods Co. Ltd. (China), and GK Ingredients (Malaysia).
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Corbion (Netherlands) is one of the largest producers of bakery premixes. The company has so far produced kaiser & hard rolls, burger buns & soft rolls, bread & rolls, and cake mix.
- In June 2018, Corbion added a new formulation, organic 522, to its brand–Pristine. The new addition is used for the production of organic and non-GMO formulations of dough.
- In May 2018, the company broadened its clean-label portfolio, to include cake mixes, bases, and icing stabilizers, in its brand– Pristine.
Archer Daniels Midland Company (Finland) is one of the leading players in the global bakery premixes market that offers food & beverage ingredients and other products made of various agricultural produce in the market. The company functions through various business segments, including origination, oilseeds, carbohydrate solutions, and nutrition. With more than 271 processing plants, 450 procurement facilities, and nearly 46 innovation centers across regions, the company trades, transports, stores, and processes ingredients to develop products for feed, food, industrial, and energy applications.
- In March 2019, the company launched a new line of organic flours. This new line of flour includes organic, all-purpose flour, and organic premium bread flour, with additional organic milled products that it plans to offer in the coming years.
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