Asia Pacific Bakery Premixes Market Size & Outlook
The bakery premixes market in Asia Pacific is expected to reach a projected revenue of US$ 372.8 million by 2030. A compound annual growth rate of 7.8% is expected of Asia Pacific bakery premixes market from 2024 to 2030.
Revenue, 2023 (US$M)
$220.0
Forecast, 2030 (US$M)
$372.8
CAGR, 2024 - 2030
7.8%
Report Coverage
Asia Pacific
Asia Pacific bakery premixes market, 2018-2030 (US$M)
Asia Pacific bakery premixes market highlights
- The Asia Pacific bakery premixes market generated a revenue of USD 220.0 million in 2023.
- The market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, complete mix was the largest revenue generating type in 2023.
- Complete Mix is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 220.0 million |
| Market revenue in 2030 | USD 372.8 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Complete mix |
| Fastest growing segment | Complete Mix |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Complete Mix |
| Key market players worldwide | Archer Daniels Midland Company, Puratos, Kerry Group PLC Class A, Dawn Food Products, General Mills Inc, Cargill, Corbion NV, CSM - Bakery Supplies Business, Associated British Foods PLC, Lallemand |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.3% of the global bakery premixes market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 372.8 million by 2030.
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Bakery Premixes Market Scope
Bakery premixes market segmentation & scope
Application
Cakes & Pastries
Cookies & Biscuits
Breads & Rolls
Others
Distribution Channel
Hypermarkets & Supermarkets
Convenience Stores
Others
Distribution Channel
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
UAE
Bakery Premixes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific bakery premixes market
Related regional statistics
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