Leading Batter & Breader Premixes Application Markets Databank
The Batter & Breader Premixes market was valued at $2,462.1 Million in 2020, and is projected to reach $3,843.4 Million by 2029 growing at a CAGR of 5.12% from 2021 to 2029. Meat segment is expected to be the highest contributor to this market, with $964.6 Million in 2020, and is anticipated to reach $1,416.6 Million by 2029, registering a CAGR of 4.41%. Seafood segment is anticipated to reach $1,365.2 Million by 2029 with the highest CAGR of 5.90%. Meat and Seafood segments collectively expected to account for about 72.4% share of the Batter & Breader Premixes market in 2020, with the former constituting around 39.2% share. Seafood and Meat segments are expected to witness significant growth rates at a CAGR of 5.90% and 4.41% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 72.4% in the overall Batter & Breader Premixes market in 2020, and is anticipated to reach 72.4% by 2029.
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