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Analysis

Global Bakery Premixes Market Worth USD 1.65 Billion by 2025: Hexa Research

Betty Tűndik

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The global bakery premixes market was estimated at USD 1.18 billion in 2017 and is expected to grow at a CAGR of 4.27% from 2017 to 2025, to reach a value of USD 1.65 billion by 2025. The market growth is attributed to the increasing demand for customized bakery products among the consumers especially in the developed and developing countries.

The U.S., UK, Germany, China, Italy, and Russia, are the major consumers of bread and bakery products. The continuous demand and popularity of such products is expected to drive the demand for the baking premixes market. Use of these premixes has resulted in effortless baking of a lot of varieties of bread and bakery products. The market is gaining an increasing traction especially among the manufacturers due to the reliable and hassle-free production.

The U.S. bread and bakery products market is gaining an increasing momentum primarily driven by the spurring demand for bread products containing high fiber such as wholegrain, or diet and healthy biscuits and cookies. Consumers’ shift towards healthy lifestyle practices will boost the demand for these kind of products, which in turn is expected to drive the production of premix ingredients to meet the requirements.

The average spending of the U.S. households on bakery products per household is expected to increase to USD 383.75 by 2021, wherein most of this expenditure will be on bread products, followed by cakes and cupcakes. This scenario is likely to offer lucrative opportunities for the bakery premixes market to grow in the coming years.

Browse full research report with TOC on “Global Bakery Premixes Market Size and Forecast By Product (Complete Mix, Dough Base Mix, and Dough Concentrates) By Application (Bread and Non-Bread Products) And Trend Analysis, 2019 – 2025” at:

https://www.hexaresearch.com/research-report/bakery-premixes-market

Growing demand for various bakery products such as donuts, pies, pastries, breads, cakes and others, is expected to drive the premixes market growth. This industry is expected to continue growing over the next few years, supported by various factors such as, variety of product innovations, availability of food items at reasonable prices, rapid urbanization, busy lifestyles, and convenience of baked products. The simultaneous growth in the bakery industry is expected to impact the acceptance of premixes market to speed up the production processes.

Rising popularity of products such as whole grain, trans-fat free and multi grain along with increasing demand for flavor preferences are also expected to contribute to the growing acceptance of these premixes among the manufacturers. Increasing consumption of bread based products in India and Australia, is expected to be one of the major factors contributing to the premixes market expansion during the forecast period.

Increasing inclination towards breads, bread rolls, pastries, cakes, pies, pretzels, cookies, crackers, and tortillas is expected to result in the significant application of bakery premixes, over the forecast period. Bread is expected to continue its growth and will remain the most widely consumed bakery product worldwide, whereas pastries and cakes are expected to witness the fastest growth in the coming years.

The introduction of different flavors, rising disposable income, popularity of bakery products in Asia Pacific and Latin America will drive the demand for pastries over the forecast period. Moreover the demand for donuts will considerably increase on account of an indulgence factor and the introduction of modern chains in countries such as China, India and Brazil. These factors are expected to contribute to the prominent growth of the global bakery premixes market over the forecast period.

Key players operating in the global market include Archer Daniels Midland Company, Enhance Proteins LtdEchema Technologies LLC, Puratos, Karl Fazer Ab., Allied Mills, Swiss Bake Ingredients Pvt Ltd, Lesaffre, and Bakels Worldwide to name a few. While premixes for various bakery products such as cookies, cakes and pastries have always been popular among working women, they are now gradually becoming popular among the manufacturers too. This scenario has prompted the companies to introduce premixes for all bakery products such as puff pastries, multi-grain breads and lava cakes.

Browse related reports by Hexa Research:

  • Soy Food Market – The global soy food market revenue was USD 36.67 billion in 2017 and is expected to reach USD 56.66 billion by 2025.
  • Vegan Yogurt Market – The global vegan yogurt market was valued at USD 748.8 million in 2017 and is anticipated to grow at a CAGR of 16.4% from 2017 to 2025.
  • Cold Pressed Juice Market – The cold pressed juice market is anticipated to witness significant growth in the coming years attributed to growing health awareness among consumers.
  • Orange Juice Market – The global orange juice market is projected to witness remarkable growth in the coming years owing to changing consumer preference for healthy food products.

Hexa Research has segmented the global bakery premixes market report based on product, application and region:-

Segmentation by Product

  • Complete Mix
  • Dough-based Mix
  • Dough Concentrates

Segmentation by Application

  • Bread Products
  • Non-Bread Products

Segmentation by Region

  • North America
    • U.S.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • India
    • China
  • Central and South America
  • Middle East and Africa

 

SOURCE: Hexa Research

 

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Analysis

Global White Chocolate Market Report 2019

Betty Tűndik

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Reading Time: 2 minutes

 

The “Global White Chocolate Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The white chocolate market will register a CAGR of nearly 2% by 2023.

The rising adoption of white chocolate in diverse application sectors will continuously impact the market growth positively. Owing to factors including negligible caffeine content and smoother buttery texture compared to other variants, there has been an increasing awareness about the different applications of white chocolate among the consumers. This will eventually, foster the market growth considerably in the upcoming years.

Market Overview

Rising adoption of white chocolate in diverse application sectors

One of the growth drivers of the global white chocolate market is the rising adoption of white chocolate in diverse application sectors. The growing demand for white chocolate as an ingredient across applications is expected to drive the adoption of white chocolate globally.

Rising demand for substitute products

One of the challenges in the growth of the global white chocolate market is the rising demand for substitute products. The growth of the global white chocolate market is hindered by the rising demand for and popularity of its substitutes such as milk chocolate, ruby chocolate, and dark chocolate.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several market players. Vendors in the global white chocolate market have been frequently launching campaigns and promotional activities to attract consumers. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • White chocolate bars – Market size and forecast 2018-2023
  • White chocolate bulk – Market size and forecast 2018-2023
  • White chocolate truffles – Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2018-2023
  • North America – Market size and forecast 2018-2023
  • APAC – Market size and forecast 2018-2023
  • South America – Market size and forecast 2018-2023
  • MEA – Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing popularity of organic, gluten-free, and vegan white chocolates
  • Rising trend of premiumization of white chocolate
  • Promotional activities and campaigns featuring white chocolates

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Chocoladefabriken Lindt & Sprungli AG
  • Mars, Incorporated and its Affiliates
  • Mondelez International
  • Nestle
  • The Hershey Company

PART 14: APPENDIX

For more information about this report visit:

https://www.researchandmarkets.com/r/gktb1x

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

 

SOURCE: Research and Markets

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Analysis

SIEM Vendors Expand Growth Opportunities by Incorporating Technologies Enabling Predictive Functions

Vlad Poptamas

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Security Information and Event Management (SIEM) vendors have begun to inject greater versatility into their platforms as well as incorporate new security functionalities and analyst-friendly dashboards. Also, managed SIEM providers are offering cloud-hosted SIEM solutions to lower the per customer cost-to-serve to penetrate the SMB market.

These advances will drive the $1.98 billion global SIEM market toward $3.23 billion by 2023. “SIEM 3.0, with its high degree of automated response and remediation, can detect malicious threats attempting to penetrate the environment and automatically perform actions to thwart attackers’ advances,” said Mauricio Chede, Senior Industry Analyst, Digital Transformation. “The integration of several functionalities, such as user & entity behavior analytics (UEBA), security operation and automation response (SOAR), and forensic analysis, is essential to effectively compete in the SIEM market.”

Frost & Sullivan’s recent analysis, Security Information and Event Management (SIEM)—Global Market Analysis, Forecast to 2023, examines the market drivers, restraints, and market distribution channels of the SIEM market. It presents revenue forecasts and key findings to help participants make the most of the market potential. The study covers the four product types of physical appliancevirtual appliance, software, and Software-as-a-Service (SaaS).

For further information on this analysis, please visit: http://frost.ly/3cf

“SIEM vendors are currently focusing on enhancing incident detection and response (IDR) by employing machine learning to diminish the high rates of false positives generated by SIEM tools,” noted Chede. “They are also aiming to provide SIEM integration with external threat intelligence and forensic capabilities.”

In 2018, North America accounted for 65% of the SIEM market; EMEA, 20% percent; APAC, 12%; and Latin America, 4%. Growth opportunities will materialize by:

  • Automating the platform to increase the reliability of alert analysis and improve security analyst productivity.
  • Employing the cloud for multi-tenancy and distributed administrative functions.
  • Building a data lake to receive the logs from other security tools and then correlating and analyzing them to block advanced or unknown attacks with less human intervention.
  • Ensuring compliance with global and local data protection regulations.
  • Equipping channel partners with an effective go-to-market strategy so they can transform their sales motion from selling product to solving business problems.

Security Information and Event Management (SIEM)—Global Market Analysis, Forecast to 2023 is part of Frost & Sullivan’s global Cybersecurity Growth Partnership Service program.

 

SOURCE Frost & Sullivan

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Analysis

Global Vegan Cheese Markets 2019-2023 – Growing Awareness of Lactose-Intolerant Conditions is Driving the Market

Betty Tűndik

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Photo by Beverly Buckley - edited by Picante.today
Reading Time: 2 minutes

 

The “Global Vegan Cheese Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The analysts have predicted that the vegan cheese market will register a CAGR of nearly 8% by 2023.

The growing awareness of lactose-intolerant conditions is the key factors driving the global vegan cheese market growth. The sales of dairy products have been adversely affected by the increasing incidences of lactose intolerance across the globe. Therefore, consumers are buying dairy alternative products such as almond milk, vegan cheese, and vegan margarine. This will increase the sales of vegan cheese and is expected to fuel the growth of the global vegan cheese market during the forecast period.

Market Overview

An increasing number of organized retailing outlets worldwide

One of the growth drivers of the global vegan cheese market is the increasing number of organized retailing outlets. Supermarkets make fresh and ready-to-consume packaged vegan food and beverages such as plant-based milk alternatives and vegan cheese easily accessible to consumers.

High price and limited awareness

One of the challenges in the growth of the market is the high price of vegan cheese compared to conventional dairy cheese. In addition, the awareness among consumer for vegan cheese is limited, especially in the European market. Such factors will hamper the vegan cheese market growth during the forecast period.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. The vendors in the market are expanding their distribution channels, which will improve the sales for the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Topics Covered: 

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: CUSTOMER LANDSCAPE

PART 07: GEOGRAPHIC LANDSCAPE

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 08: MARKET SEGMENTATION BY SOURCE

  • Market segmentation by source
  • Comparison by source
  • Soy milk – Market size and forecast 2018-2023
  • Almond milk – Market size and forecast 2018-2023
  • Rice milk – Market size and forecast 2018-2023
  • Other milk alternatives – Market size and forecast 2018-2023
  • Market opportunity by source

PART 09: MARKET SEGMENTATION BY VARIANT

  • Market segmentation by variant

PART 10: CUSTOMER LANDSCAPE

PART 11: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Key leading countries
  • Market opportunity

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Increasing number of new product launches
  • Rising investments in vegan cheese sector
  • Rising focus on strengthening supply chain and expansion of production capacities

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bute Island Foods Ltd
  • Market segmentation by variant
  • GreenSpace Brands
  • Otsuka Holdings Co., Ltd.
  • Violife

PART 16: APPENDIX

SOURCE: Research and Markets

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