The Pancake Mixes Market is being driven by Labeling strategies and omnichannel retailing adopted by players
The Pancake Mixes Market is expected to grow at a CAGR of 6.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1996.9 million. In Western markets, the gluten-free food sector is experiencing significant growth due to the increasing number of health-conscious consumers and heightened awareness about celiac disease. Approximately 82% of American celiac disease sufferers remain undiagnosed, emphasizing the need for readily available gluten-free alternatives. With no known cure for celiac disease, adherence to gluten-free diets is the only viable solution. Factors such as high prevalence of digestive health concerns, weight management issues, and the demand for nutritious food are fueling the overall demand for gluten-free food products. Various health organizations are advocating for the consumption of gluten-free bakery items, further boosting market expansion.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
243 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.5% |
Market growth 2025-2029 |
USD 1996.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
5.6 |
Key countries |
US, China, Japan, Canada, India, Germany, South Korea, UK, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Pancake Mixes market encompasses a variety of offerings, including non-GMO options, from online stores and subscription services, that cater to changing lifestyles. These mixes come in diverse flavors like pumpkin spice, traditional, milk-based, and nostalgic ones such as strawberry, chocolate chip, banana, and even coffee or milk alternatives. Gluten-free, low-carb, and vegan mixes are also available for those with specific dietary needs. Classic flavors like buttermilk, blueberry, and sugar are popular for their authentic taste. Ingredients like flour, baking powder, salt, and sugar are used, with some mixes offering additives like eggs or milk. Some cafes and restaurants serve pancake mixes, while frozen mixes are convenient for busy working women. Millet and other alternative grains are also emerging in the market. Health-conscious consumers are seeking mixes with lower carbohydrate content and improved HDL and LDL cholesterol levels. Sustainability is also a growing concern, with some brands offering eco-friendly packaging and sourcing practices.
The Pancake Mixes Market encompasses leading brands that offer a range of mixes, including low-carb options and various flavors such as blueberry and banana. For health-conscious consumers, low-carb mixes are an attractive alternative. Making pancakes is an easy process, and we provide simple recipes for weight loss-friendly options. Our market analysis also covers essential making tips and brunch recipes. Key ingredients are discussed in detail, ensuring consumers have a comprehensive understanding of the product. The market's growth is driven by the health benefits associated with minimally processed foods, making pancake mixes a popular choice for consumers seeking nutrient-rich options.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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