The global pizza crust mix market is valued at US$1,248.3 million in 2022. According to the report, pizza crust mix sales will grow at a CAGR of 5.50% to reach an estimate of $2,132.3 million by 2032.
Pizza Crust Mix is a batter mix for the pizza crust formation. It is widely used as an ingredient in the household while baking the pizza crust as well as a foodservice ingredient by the bakers globally. It is mixed in proportionate form so as to bake a uniform pizza crust. The market for Pizza Crust Mix is expected to grow due to rising demand for fast food by the millennial population and the westernization culture being highly adopted in the developing regions globally.
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Pizza Crust Mix market can be segmented on the basis of product type, packaging type, distribution channel, and region.
On the basis of product type, Pizza Crust Mix Market can be segmented into whole grain pizza crust mix, semolina flour, and gluten-free pizza crust mix.
On the basis of packaging type, Pizza Crust Mix Market can be segmented into pouches and jars/containers.
On the basis of the distribution channel, Pizza Crust Mix market can be segmented into direct and retail sales. Direct sales refer to direct selling of Pizza Crust Mix as an ingredient to bakery units. Retail sales are further segmented into hypermarket/supermarket, convenience stores, online retailers, and other retailing formats.
Drivers, Restraints, and Trends
The key demand of Pizza Crust Mix includes majorly from the foodservice and household use. The growing demand due to growing tastes and preferences with different varieties of ingredients in the pizza crust mix, the rising disposable income, awareness among consumers in using specified ingredients in their food products are all expected to grow the market for Pizza Crust Mix in the projected period. The growing preference for packaged food products on account of hectic lifestyle patterns is further subjected to grow the market globally.
The major restraint is the high presence of MSG as an ingredient in pizza crust mix is expected to hider the market growth in the forecasted period.
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Europe has been a major contributor towards the Pizza Crust Mix due to the high demand and innovations in the bakery industry. Also growing tourism and rising preference towards gluten-free in pizza crust mix products is further expected to grow the market in the projected period. The high consumption & growing demand for packaged products in North America and Europe region is expected to further grow the demand for Pizza Crust Mix among the manufacturers of bread products.
The presence of highly populous countries, coupled with increasing preference for packaged goods and new innovations taking place in the bakery sector is expected to grow the market for the Pizza Crust Mix in the Asia Pacific region in the projected period. Although in the Middle East regions, the rising demand for Pizza Crust Mix among food manufacturers is expected to grow the market due to growing demand for bread and loafs in the region as one of the staple food product. Increasing urbanization in the region is further expected to grow the market in the region in the forecasted period.
Some of the prominent players of Pizza Crust Mix are Bob’s Red Mill, King Arthur Flour, Archer-Daniels-Midlands Co., Hodgson Mill, Martha White, and various other regional manufacturers.
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