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- In November 2019, Bunge LodersCroklaan launched its 100% sustainable shea-based margarine, which has no added coloring or preservatives and is ideal for a range of baked items. The new product has been heralded to deliver high functionality and baking performance with superior handling.
- In November 2019, Arla Food Ingredients announced the launch of Lacprodan® ISO.Water, a 100% whey protein isolate ingredient that overcomes taste and mouthfeel issues which have long challenged manufacturers of clear protein water and beverages.
- In April 2019, Puratos International Group’s subsidiary in India announced the launch of four innovative products – Tegral Red Velvet Sponge, Fruitfil Range, Carat SupercremNutolade, and Tegral Satin Purple Velvet EF Mix. According to the company, these products were developed in response to increasing consumers demand for global food with a local touch.
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Key Factors Shaping the Egg Free Premix Market
- Significant Growth of Bakery Industry
In current scenario, significant lifestyle and retail changes are redefining and restructuring how bakeries operate. Meteoric rise of the food-to-go business and strong desire for consumers to explore new taste and experience have contributed to the demand for egg free premix. Keeping up newer trends, manufacturers are including specialty and multifunctional food ingredients in egg free premixes that exert strong consumer appeal. Though ready-to-eat food products, particularly snacks and desserts, were aimed at urban demographic as time-saving and convenient options, these products are finding market in untapped regions. This, in turn, is expected to propel the sales of egg free premix.
- Growing Popularity of Plant-based Food Products
Increase in demand for egg free premix has been weighing on a same scale as robust growth in sales of plant-based food products in recent years. Rising concerns of animal welfare issues, especially in dairy industry, and environmental impact of animal agriculture have encouraged consumers to incline towards plant-based diet, ranging from staple food to desserts including plant-based ice cream. As a result, bakery manufacturers are continually looking for plant-based and egg-free alternatives to traditional ingredients, thereby influencing the growth of the egg free premix market.
- Synergy of Clean Label and Convenience Trend
While the trend of convenience has taken the bakery sector and overall food industry by storm, consumers’ inquisitiveness about food ingredients and their sourcing is increasing. The impact of ‘natural’ and ‘clean label’ trend has been palpable in the market for egg free premix, compelling manufacturers to switch to natural flavours and food colours with no artificial food additives. The egg free premix market is further expected to benefit from rise of customization trend in bakery industry, where manufacturers use standardized enriched blends of various premix in their products, catering to varying segments of consumers.
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The report covers exhaustive analysis on:
- Egg Free Premix Market Segments
- Market Dynamics
- Egg Free Premix Market Size
- Supply and Demand
- Current Trends/Issues/Challenges pertaining to egg free premix market
- Competition Landscape and Emerging Market Participants in Egg Free Premix Market
- Technology related to Production/Processing of Egg Free Premix
- Value Chain Analysis of the Egg Free Premix Market
The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Report Highlights:
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments for yorker spouts market
- Competitive landscape for yorker spouts market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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