Asia Pacific Prepared Flour Mixes Market Report 2022: Increase in Demand for High-Performance Prepared Flour Mixes & Focus on Premium-Category Customers Driving Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Asia Pacific Prepared Flour Mixes Market Size, Share & Industry Trends Analysis Report By Application, By Product, By Country and Growth Forecast, 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

The Asia Pacific Prepared Flour Mixes Market is expected to witness market growth of 6.9% CAGR during the forecast period.

The market is seeing an increase in demand for high-performance prepared flour mixes as a result of the global shift. For premium-category customers, manufacturers have begun to offer custom-formulated flour solutions. Moreover, industry players have been able to target a niche consumer base as a result of these offers, which is driving the global prepared flour mixes market forward. Furthermore, some of the growth catalysts for the market are longer shelf life, easier transportation, and storage of premade flour mixes.

Prominent manufacturers are investing in R&D to provide high-quality, tailored solutions for a variety of baking applications, which is expected to create positive trends for the market. Moreover, a key trend of the regional market is the expansion of bakery outlets and increased disposable income in emerging nations such as India, China, and Brazil.

Nisshin Seifun Group opened its first premix factory in Vietnam in December 2019 in order to gain a larger portion of the Asian market. This move is expected to also enable the corporation to capitalise on the country’s abundant human resources, broaden its product line, and make use of its well-established distribution network.

CJ Foods Miling Vietnam opened a new premixed flour factory in July 2015, with an annual capacity of over 160,000 tonnes of wheat flour and 10,000 tonnes of premix.

The China market dominated the Asia Pacific Prepared Flour Mixes Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $2,779.7 million by 2027. The Japan market is poised to grow at a CAGR of 6.2% during (2021 – 2027). Additionally, The India market is expected to showcase a CAGR of 7.5% during (2021 – 2027).

Based on Application, the market is segmented into Bakery Shops, Food Processing Industry, Household and Others. Based on Product, the market is segmented into Bread Mix, Pastry Mix and Batter Mix. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lesaffre Group, Wilmar International Limited, Bakels Group, Puratos NV/SA, Allied Mills, Rich Products Corporation, Nisshin Seifun Group Inc., CJ CheilJedang Corporation, and PT. Pondan Pangan Makmur Indonesia.

Scope of the Study

Market Segments Covered in the Report:

By Application

• Bakery Shops
• Food Processing Industry
• Household
• Others

By Product

• Bread Mix
• Pastry Mix
• Batter Mix

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Lesaffre Group
• Wilmar International Limited
• Bakels Group
• Puratos NV/SA
• Allied Mills
• Rich Products Corporation
• Nisshin Seifun Group Inc.
• CJ CheilJedang Corporation
• PT. Pondan Pangan Makmur Indonesia

Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

Chapter 3. Strategies deployed in Prepared Flour Mixes Market

Chapter 4. Asia Pacific Prepared Flour Mixes Market by Application

Chapter 5. Asia Pacific Prepared Flour Mixes Market by Product

Chapter 6. Asia Pacific Prepared Flour Mixes Market by Country

Chapter 7. Company Profiles

Companies Mentioned

• Lesaffre Group
• Wilmar International Limited
• Bakels Group
• Puratos NV/SA
• Allied Mills
• Rich Products Corporation
• Nisshin Seifun Group Inc.
• CJ CheilJedang Corporation
• PT. Pondan Pangan Makmur Indonesia

For more information about this report visit https://www.researchandmarkets.com/r/imiwym

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