Market Introduction
Battery and bread premixes are the food coatings that can be added to poultry, meat, vegetables, fish, and seafood to enhance its texture, flavor, and preserve its moisture content while grilling or frying. The batter is a thin coating to preserve food moisture during deep frying. It's a mixture of flour and liquids, such as water, milk, or eggs. This mixture can also be made by soaking grains in water or other liquid and grinding them. Leaving agents, such as baking powder, is used in combination with batteries to improve fluffiness. Breader, also known as breadings, is made from cereal-flour-based blends or thermally processed wheat-flour dough-based dry bread crumbs.
Market Overview and Dynamics
The batter and breader premixes market in Europe was valued at US$ 525.16 million in 2019 and is projected to reach US$ 810.51 million by 2027; it is expected to grow at a CAGR of 5.9% from 2020 to 2027. European countries enjoy strong economic growth over the past few years. This has led to a rise in purchasing power in the hand of customers. Strong economic growth has propelled the demand has led to the increased investment in research & development of innovative, premium, and healthy food products. This has further influenced the market growth for batter and breader premixes in this region. Additionally, there is an increasing trend for organic food products among consumers, and they also prefer organic batter and breader premixes along with baked products made up of these products; this is again impacting the studied market in this region.
However, volatile prices of raw material may hinder batter and breader premixes growth in Europe. Besides, COVID-19 has affected economies and industries in various countries due to travel bans, lockdowns, and business shutdowns. In Europe, as per the recent data, Russia has recorded the highest number of COVID cases. Other than this, France, UK, Italy, Spain, and Germany have also been hit hard and are expected to suffer an economic hit due to a lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.
Key Market Segments
The Europe batter and breader premixes market is segmented into batter premixes type, breader premixes type, and application. The Europe batter and breader premixes market have been divided into five categories on the basis of batter premixes type. These categories are adhesion batter, tempura batter, beer batter, thick batter, and customized batter. In 2019, the adhesion batter segment dominated the market and is the fastest growing segment. The Europe batter and breader premixes market based on breader premixes type has been segmented into crumbs and flakes, and flour and starch. The Europe batter and breader premixes market was dominated by the crumbs and flakes segment. On the basis of application, the batter and breader premixes market is categorized into meat, fish and seafood, vegetables, and others. The meat segment held a substantial share during the forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the batter and breader premixes market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bowman Ingredients, Kerry Group, Newly Weds Foods, Solina Group among others.
Reasons to buy report
Europe Batter and Breader Premixes Market Segmentation
Europe Batter and Breader Premixes Market, by Batter Premixes Type
Europe Batter and Breader Premixes Market, by Breader Premixes Type
Europe Batter and Breader Premixes Market, by Application
Europe Batter and Breader Premixes Market, by Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 525.16 Million |
| Market Size by 2027 | US$ 810.51 Million |
| CAGR (2020 - 2027) | 5.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Batter Premixes Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Batter and Breader Premixes Market is valued at US$ 525.16 Million in 2019, it is projected to reach US$ 810.51 Million by 2027.
As per our report Europe Batter and Breader Premixes Market, the market size is valued at US$ 525.16 Million in 2019, projecting it to reach US$ 810.51 Million by 2027. This translates to a CAGR of approximately 5.9% during the forecast period.
The Europe Batter and Breader Premixes Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Batter and Breader Premixes Market report:
The Europe Batter and Breader Premixes Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Batter and Breader Premixes Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Batter and Breader Premixes Market value chain can benefit from the information contained in a comprehensive market report.
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