North America Batter & Breader Premixes Market 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. Adhesion batter segment is expected to be the highest contributor to this market, with $870.0 Million in 2020, and is anticipated to reach $1,243.3 Million by 2029, registering a CAGR of 4.09%. Beer batter segment is anticipated to reach $688.2 Million by 2029 with the highest CAGR of 6.46%. Adhesion batter and Tempura batter segments collectively expected to account for about 58.0% share of the Batter & Breader Premixes market in 2020, with the former constituting around 35.3% share. Beer batter and Tempura batter segments are expected to witness significant growth rates at a CAGR of 6.46% and 6.19% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 38.6% in the overall Batter & Breader Premixes market in 2020, and is anticipated to reach 42.8% by 2029.
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