According to the latest research report titled ‘Prepared Flour Mixes Market Size By Product (Bread Mixes, Pastry Mixes, Batter Mixes), By End-Use Industry Outlook Report, Regional Outlook Application Development, Price Trends, Competitive Market Share & Forecast, 2019 - 2026’, available with Market Study Report, global prepared flour mixes market is projected to register a healthy growth rate during 2019-2026.
 

Growing demand for ready-to-eat food, especially bakery products is the primary growth driver of global prepared flour mixes market. However, huge capital investment is seen as a major challenge for manufacturers, in turn, negatively impacting the business landscape, cites the report.  
 

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For the uninitiated, prepared flour mixes are specially formulated using a combination of various ingredients. These mixes are comprised of baking ingredients such as salt, fat, sugar, and only require addition of yeast or liquid products like eggs, milk, and oil for preparation.
 

Based on the product spectrum, global prepared flour mixes market is split into pastry mixes, bread mixes, batter mixes, and others. Among these, the others segment comprising energy bars and breakfast products accounted for 5% market share in 2018. The segment is likely to gain decent traction in the coming years as nutritional or energy bars are increasingly used as breakfast products, meal replacements or snacks to fulfill the nutritional requirements. Moreover, growing availability of energy bars mixes is likely to boost the segmental share in the upcoming years.
 

Elaborating on the end-use spectrum, household segment is expected to exhibit strong growth over the estimated timeframe owing to rising consumer inclination towards preparing high-quality and nutritious bakery items at home.
 

Others application segment captured over 11% share of global prepared flour mixes market in 2018, attributable to proliferating number of fast food chains and quick service restaurants. Higher convenience, efficiency, and time-saving benefits are drawing attention of restaurants towards prepared flour mixes.
 

Geographically, Asia Pacific prepared flour mixes market is slated to showcase strong growth in the upcoming years, owing to increasing per capita income and rising consumer focus towards experimentations with different bakery preparations. Additionally, changing dietary preferences in nations like China, coupled with flourishing fast food and QSR industry will further propel the regional market growth over the forecast duration.
 

Key players operating in global prepared flour mixes market are Lesaffre, Archer Daniel Midland Co., Bakels Group, Puratos, Allied Mills Ltd., Yihai Kerry, Nisshin Seifun Group, Rich Products Corp., Pondan Pangan Makmur, Interflour Group, and CJ Foods Milling Vietnam LLC among others.