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Global Bakery Premixes Market Worth USD 1.65 Billion by 2025: Hexa Research

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The global bakery premixes market was estimated at USD 1.18 billion in 2017 and is expected to grow at a CAGR of 4.27% from 2017 to 2025, to reach a value of USD 1.65 billion by 2025. The market growth is attributed to the increasing demand for customized bakery products among the consumers especially in the developed and developing countries.

The U.S., UK, Germany, China, Italy, and Russia, are the major consumers of bread and bakery products. The continuous demand and popularity of such products is expected to drive the demand for the baking premixes market. Use of these premixes has resulted in effortless baking of a lot of varieties of bread and bakery products. The market is gaining an increasing traction especially among the manufacturers due to the reliable and hassle-free production.

The U.S. bread and bakery products market is gaining an increasing momentum primarily driven by the spurring demand for bread products containing high fiber such as wholegrain, or diet and healthy biscuits and cookies. Consumers’ shift towards healthy lifestyle practices will boost the demand for these kind of products, which in turn is expected to drive the production of premix ingredients to meet the requirements.

The average spending of the U.S. households on bakery products per household is expected to increase to USD 383.75 by 2021, wherein most of this expenditure will be on bread products, followed by cakes and cupcakes. This scenario is likely to offer lucrative opportunities for the bakery premixes market to grow in the coming years.

Browse full research report with TOC on “Global Bakery Premixes Market Size and Forecast By Product (Complete Mix, Dough Base Mix, and Dough Concentrates) By Application (Bread and Non-Bread Products) And Trend Analysis, 2019 – 2025” at:

https://www.hexaresearch.com/research-report/bakery-premixes-market

Growing demand for various bakery products such as donuts, pies, pastries, breads, cakes and others, is expected to drive the premixes market growth. This industry is expected to continue growing over the next few years, supported by various factors such as, variety of product innovations, availability of food items at reasonable prices, rapid urbanization, busy lifestyles, and convenience of baked products. The simultaneous growth in the bakery industry is expected to impact the acceptance of premixes market to speed up the production processes.

Rising popularity of products such as whole grain, trans-fat free and multi grain along with increasing demand for flavor preferences are also expected to contribute to the growing acceptance of these premixes among the manufacturers. Increasing consumption of bread based products in India and Australia, is expected to be one of the major factors contributing to the premixes market expansion during the forecast period.

Increasing inclination towards breads, bread rolls, pastries, cakes, pies, pretzels, cookies, crackers, and tortillas is expected to result in the significant application of bakery premixes, over the forecast period. Bread is expected to continue its growth and will remain the most widely consumed bakery product worldwide, whereas pastries and cakes are expected to witness the fastest growth in the coming years.

The introduction of different flavors, rising disposable income, popularity of bakery products in Asia Pacific and Latin America will drive the demand for pastries over the forecast period. Moreover the demand for donuts will considerably increase on account of an indulgence factor and the introduction of modern chains in countries such as China, India and Brazil. These factors are expected to contribute to the prominent growth of the global bakery premixes market over the forecast period.

Key players operating in the global market include Archer Daniels Midland Company, Enhance Proteins LtdEchema Technologies LLC, Puratos, Karl Fazer Ab., Allied Mills, Swiss Bake Ingredients Pvt Ltd, Lesaffre, and Bakels Worldwide to name a few. While premixes for various bakery products such as cookies, cakes and pastries have always been popular among working women, they are now gradually becoming popular among the manufacturers too. This scenario has prompted the companies to introduce premixes for all bakery products such as puff pastries, multi-grain breads and lava cakes.

Browse related reports by Hexa Research:

  • Soy Food Market – The global soy food market revenue was USD 36.67 billion in 2017 and is expected to reach USD 56.66 billion by 2025.
  • Vegan Yogurt Market – The global vegan yogurt market was valued at USD 748.8 million in 2017 and is anticipated to grow at a CAGR of 16.4% from 2017 to 2025.
  • Cold Pressed Juice Market – The cold pressed juice market is anticipated to witness significant growth in the coming years attributed to growing health awareness among consumers.
  • Orange Juice Market – The global orange juice market is projected to witness remarkable growth in the coming years owing to changing consumer preference for healthy food products.

Hexa Research has segmented the global bakery premixes market report based on product, application and region:-

Segmentation by Product

  • Complete Mix
  • Dough-based Mix
  • Dough Concentrates

Segmentation by Application

  • Bread Products
  • Non-Bread Products

Segmentation by Region

  • North America

    • U.S.
  • Europe

    • Germany
    • UK
  • Asia Pacific

    • India
    • China
  • Central and South America
  • Middle East and Africa

 

SOURCE: Hexa Research

 

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Aiozium Launched SaaS-based Marketing Intelligence Tool Powered by AI

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Aiozium, a new launch of Crowdnik Networks Private Limited, is a SaaS-based platform for marketers powered by machine learning techniques in a different way. The tool has intelligence for self-correction and self-learning for better campaign optimization and high ROI.

Aiozium is a multi-dimensional platform that not only reads the data, makes sense of all the data and generate actionable insights on them, but also gives the real-time information about customer behavior. It builds the trend of the customers based on a various emotional and behavioral algorithm which leads to prediction and results in an increase of leads by selecting the best marketing mix and marketing strategies for optimum use of resources which results in greater ROI.

Reason Why Every Marketer Needs Aiozium

Aiozium is marketing ally, it is a tool for all the marketers which makes life simpler and completes the customer journey with ease.

– Emotional Algo: It is said that the only difference between Robot and Human is the emotions or the feel factor. Emotional algo consists of human psychological ethos. It analyses the behavior basis on different kinds of emotions exhibited by humans. It helps in analyzing the marketing communications, activities and asses their value. It also measures and analyses the emotions of a person towards buying the product.

– Contextual Algo: It analyses the content across various channels viz. website, email and all communication platforms based on multiple parameters such as aggression, transaction, emotion etc. It also analyses whether the user is persuaded with the interaction or not, basis on which it predicts the usefulness of the content.

– Behavior Algo: Based on historical and real-time customer behavior across all channels with prospective data listening mechanism, this model can learn, react and predict the most accurate customer flow for maximum conversion. It predicts the probability of the rate of conversion through Machine Learning, Deep learning, Natural Language processing and Augmented Visualization.

How Is It Going To Benefit The End-users:

On-boarding with Aiozium will reduce the marketing expenses by cutting down the misspend funds and optimizing the campaign to increase the ROI. It remembers and recollects the historical hand burns and successful campaigns and accordingly suggests marketers the most accurate pathway to follow. It also learns the customer behavior towards marketer’s product line. The best part of Aiozium is that it works across channels and sync with all the digital assets in a single click.

Automate, Sit Back and Relax

Aiozium is inviting the industry experts to have a test drive on their AI Marketing Ally. To book a slot, schedule a demo at https://www.aiozium.com/demo.html

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Oracle Data Cloud and Reddit Collaborate to Build Brand Safety Solution for Dynamic User-Generated Content

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Oracle Data Cloud today announced a first-of-its-kind collaboration with Reddit to provide new brand safety controls for advertisers around a real-time feed of user-generated content (UGC). Leveraging Oracle’s Contextual Intelligence technology, the integration will provide real-time content review and classification across industry-standard brand safety categories, giving advertisers greater control over where, and around what content, their campaigns run.

“Given the tremendous volume and dynamic nature of content across the Reddit platform, Oracle’s Contextual Intelligence will offer the ideal solution to provide real-time brand safety for Reddit advertisers,” said Kurt Kratchman, Group Vice President for Product Development and International, Oracle Data Cloud. “With Oracle’s Contextual Intelligence deployed across the majority of the addressable footprint of the open web, our collaboration with Reddit serves as a natural extension into the UGC space, as we help advertisers ensure their advertising strengthens their brands.”

User-generated content has historically presented a challenge for brand safety services, as many third-party solutions do not accurately describe or categorize the scope and scale of dynamic content online. Oracle’s Contextual Intelligence integration with Reddit is a solution designed for UGC that looks not only for specific terms but also for the context in which they are used, to help advertisers place their ads in safe and brand-appropriate contexts on the Reddit platform.

“Among Reddit’s strongest propositions for advertisers is the depth and authenticity of conversations across thousands of interest-based communities,” said Jen Wong, Reddit’s Chief Operating Officer. “Our current approach to brand safety includes effective moderation at the platform, community and campaign levels, and we’re thrilled to leverage Oracle’s Contextual Intelligence to offer yet another layer of brand safety that’s 3rd-party verified and customized for Reddit’s engagement. Our work with Oracle will be the first time a UGC platform has embarked on a verified brand safety solution for custom feeds, and we’re excited to evolve the product and relationship to meet the demands of the market.”

 

SOURCE Oracle

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Carson Crosses $10 Billion in Assets; Sets Sights on Deepening Value to Partner Firms

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Carson Group, one of the fastest growing financial services firms in the country, today announced the firm has surpassed $10 billion in assets under management. Hitting this milestone highlights Carson’s status as a top-ranked RIA and coincides with several other recent breakthroughs for the organization.

  • Carson Partners, which include 108 firms and nearly 230 advisors within its ecosystem, now collectively serves more than 27,000 families across the U.S.
  • Signed net new assets from incoming advisors have risen to $1.45 billion year-to-date.
  • 215 Carson stakeholders now support the firm’s various advisor coaching and partnership offerings, 49 have joined in 2019 alone.
  • The organization will begin construction this month on its 200,000-square-foot, Omaha-based headquarters, which is slated for completion in late 2020.

“This has been a monumental month for the entire Carson family; not only in memorializing how far we’ve come in the last decade with asset growth but also in what we’re doing now to prepare for the next chapter,” said Ron Carson, founder and CEO of Carson Group. “We’re laying the groundwork for what I believe will be a 100-year company. We’re not plotting a quick and profitable exit or looking to sell; we’re building something bigger than ourselves here. Something we intend will forever change the world of financial advice for the better.”

Carson is constantly looking to expand and improve the ecosystem it offers partner firms. By doing so, it’s experienced tremendous growth in a time of change in the profession. From the recent Regulation Best Interest Rule to industry consolidation and an aging advisor population, the organization provides financial advisors a path to navigate disruption.

Due to Carson’s fast-paced growth, proactive moves are being made, including a plan to hire between 30 and 40 additional stakeholders through the end of 2019, releasing further iterations of client-facing technology and tools to enhance the experience advisors are providing, and expanding departmental support to ensure advisors are well-equipped to take advantage of the competitive landscape for attracting new business.

“We aim to build – and become – that fast-growing, innovative hub for financial services, because we know our competitive advantage is that we can move faster and do more for our clients, for less,” said Aaron Schaben, Executive Vice President of Carson. “Every decision we’re making right now – and every new partner we consider – must always bring us a step closer to doing what’s right for our clients. Advisors are seeing Carson deliver on that promise, and that is what most excites me as we look ahead to our future growth.”

In addition to being a mainstay in the Barron’s annual list of top wealth management firms, Carson Group remains among the Inc. 5000 list of America’s fastest-growing companies, has been recognized for two consecutive years by InvestmentNews as a top-50 firm for Best Places to Work for Financial Advisors, and was awarded a Best Places to Work in FinTech by American Banker.

 

SOURCE Carson Group

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