Pancake Mixed Market to grow by USD 152.44 billion| Increasing

On Nov 20, 2021

NEW YORK, Nov. 19, 2021 /PRNewswire/ — Pancake Mixed Market- Forecast and Analysis Report 2018-2022: The market witnessed a YOY growth rate of 2.92% at an accelerating CAGR of 4% between 2017 and 2022, as per the Technavio.

Revenue Generating Segment

The dry pancake mixes market holds the biggest share of the global pancake mixes market with several players offering a dry variety of pancake mixes where the requirement is just water.
Market players are coming up with various innovations in dry pancake mixes to attract consumers. For instance, they have started offering dry pancake mixes containing high protein for consumers looking for protein-rich packaged foods.
Most dry pancake mixes come wrapped in resealable packs to protect them from moisture. Such innovations are expected to help the market grow and increase the overall revenue of the global pancake mixes market during the forecast period.

Revenue generating segments highlights and insights on market analysis of coming years – View FREE Sample

The report is segmented by the product (dry pancake mixes and liquid pancake mixes) and geography (the Americas, APAC and EMEA).

Vendor Insights

The global pancake mixed market market is fairly concentrated, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their products. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
For Instance- In 2018, Castle Kitchen Foods introduced a plant-based vegan protein pancake mix in the North American market in response to growing demand for more protein in convenience-based foods. Similarly, Bob’s Red Mill Natural Foods launched new Muesli Cups in three varieties: Tropical, Original Gluten Free, and Grain-free Paleo

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

Find additional highlights on the growth strategies adopted by vendors & their product offerings. Read Free Sample Report.

Geographical Market Analysis

The Americas region will account for the highest growth of 44% during the forecast period.
The overall consumption of pancakes is significantly high in American countries including the US and Canada, where pancakes are usually served with maple syrup.
The region’s consumers have become increasingly conscious about gluten intolerance and look for gluten-free variants of pancake mixes.

Know more about this market’s geographical distribution along with the detailed analysis of the top regionshttps://www.technavio.com/report/global-pancakes-market

Key Market Trends & Challenges:

One of the key factors driving growth in the pancake mixes market is the increasing influence of food channels and…