The global Pizza Crust Mix Market is estimated to reach USD 1,248.3 million in 2022. Based on the report, sales of pizza crust mix will increase at a CAGR of 5.50% to reach an evaluation of USD 2,132.3 million by 2032.
Pizza crust mix is a batter mix for the base of the pizza, the demand for pizza crust mix is soaring as it is broadly used as an ingredient in the household while baking the pizza base as well as a food service ingredient by bakers across the world. The crust mix is combined proportionately to form a dough which will result in a uniform pizza crust.
| Report Attribute | Details |
|---|---|
| Pizza Crust Mix Market Value (2022) | USD 1,248.3 Million |
| Pizza Crust Mix Market Anticipated Value (2032) | USD 2,132.3 Million |
| Pizza Crust Mix Projected Growth Rate (2022 to 2032) | 5.50% |
The pizza crust mix is anticipated to increase owing to the demand for fast food across the world especially by the young population and the Westernization culture being greatly embraced in emerging regions worldwide.
The demand for pizza crust mix is soaring as it is broadly used across the world especially in Europe and North America owing to increasing inventions and the fact that several manufacturers are offering gluten-free pizza crust mix.
Pizza crust mix is broadly available in supermarkets/hypermarkets and several retailing formats including online retail. The increasing consumption of packaged and ready-to-eat foods is one of the primary market driving factors of the pizza crust mix market.
The growing use of ready-to-eat, ready-to-cook, or processed food which needs minimal preparation prior to consumption, is resulting in increased demand for pizza crust mix and this is an eminent factor that is promoting the growth of the pizza crust mix market.
Diverse categories of end users can use pizza crust mixes, such as hotels, bakery and baking stores, restaurants, and cafes. The fast-paced lifestyle of the global population has forced the adoption of convenient and natural options in the pizza market.
The demand for pizza crust mix is surging especially from household and food service use. Some of the key factors such as increasing awareness amongst consumers in using specified ingredients in their food products, growing disposable income, and increasing demand for added tastes and preferences with different varieties of ingredients in the pizza crust mix are all anticipated to promote the global pizza crust mix market during the forecast period.
Globally, there is an increased inclination for packaged and ready-to-eat foods as a result of hectic lifestyle patterns and busy schedules. This is proving to be a lucratively driving factor of the global pizza crust mix market in the future.
Fast urbanization across the world has resulted in growing penetration of global pizza franchises across both emerging as well as developed markets. This has stimulated the consumption of pizza worldwide and eventually promoted the growth of the global pizza crust mix market.
Additionally, the altering conditions socio-economically specifically in developing economies have resulted in increasing consumer affiliation towards the adoption of Western cuisines, such as pizzas, pasta, burgers, etc., thus fueling the demand for pizza crusts and eventually boosting the pizza crust mix market growth.
Supporting this is improved and better consumer living standards encouraged by their growing disposable income levels are propelling their power of purchase, hence resulting in growing disbursements on food products.
Consumers are more health conscious and growing cases of lifestyle diseases owing to increased consumption of fast food have resulted in the initiation of dairy-free and gluten-free pizza crusts.
This has led to the lucrative growth of the pizza crust mix market. Likewise, several manufacturers are also introducing pizza crusts made of vegetables or rice flour, hence encouraging the need for value-added products. Additionally, the advent of several e-commerce platforms that deliver at the doorstep is also stirring the growth of the pizza crust mix market.
Growing advantages such as natural ingredients and accessibility of gluten-free and organic pizza crust mix are said to propel the global pizza crust mix market. The escalating use of bakery products will eventually boost the demand for pizza crust mix during the forecast period.
Besides the market driving factors, the increased presence of MSG as an ingredient in pizza crust mix is anticipated to hamper the growth of the pizza crust mixes market during the forecast period.
North America holds a significant market share of 32.10% of the global pizza crust mix market. Countries like the United States and Canada are the biggest consumers of pizza due to the growing number of fast-food outlets and exclusive pizza outlets. The demand and popularity of pizza are so high in the United States that every year on 9th February, National Pizza Day is celebrated.
In 2018, according to Alto-Hartley Inc., a kitchen equipment and installation company in the United States, over three billion pizzas were sold 2018 in the USA alone. These consumer trends are impelling the demand for pizza crust mix in the North American market. Furthermore, technological advancements in cost-efficient production are expected to boost the market during the forecast period.
Increasing innovation in product developments in terms of health and nutrition which includes low-fat, multigrain, low trans-fat, and low on artificial preservatives offerings will encourage the sales of pizza crust mix in the future.
Europe has been the primary contributor to the pizza crust mix market owing to increased demand and innovations in the bakery industry. Europe accounts for 34.80% of the global market share in the pizza crust mix market. Owing to lifestyle changes and tastes of consumers in this region, Europe is said to have a majority share in the global pizza crust mix market.
Increasing preference towards gluten-free pizza crust mix coupled with budding tourism especially post the pandemic is further anticipated to flourish the pizza crust mix market during the forecast period. Rising consumption and increasing demand for packaged products in the Europe region are predicted to boost the demand for pizza crust mix amongst the manufacturers of bread products.
Also, a growing population along with a rising preference for packaged goods and novel inventions especially in the bakery sector is said to expand the market for the pizza crust mix in the Europe region during the forecast period.
The increasing need for pizza crust mix amongst food manufacturers is anticipated to expand the market owing to multiplying need for bread and loaves as one of the staple foods in the region. Improving urbanization in the region is anticipated to flourish the market in Europe region during the forecast period.
Some of the key players in the pizza crust mix market are Bob’s Red Mill, King Arthur Flour, Archer-Daniels-Midlands Co., Hodgson Mill, and Martha White.
Market players have adopted strategies such as product approvals, product launches, market initiatives, and mergers and acquisitions. King Arthur Flour, one of the oldest flour companies launched six novel inventive products. The company’s new keto wheat flour blend, ‘00’ pizza flour, baking sugar alternative, organic rye flour, and two of the latest gluten-free single-serve dessert cup flavours were created to deliver bakers with superior quality products for every baking need, irrespective of dietary preferences.
Recently, Hodgson Mill Inc., well-known for flour and other grain mill products company upgraded wind turbines for more sustainable energy. They replaced their existing two wind turbines with a much sleeker, more efficient, modern, and more powerful style.
Dr Oetker FunFoods Professional, a leading player in food service for western spreads and sauces recently launched a trendy new flavour i.e., Veg Mayonnaise Smoky Peri Peri. This spread is creamy and thick, filled with peri chilli and a smoky note, this adds spicy zing to burgers, pizzas, sandwiches, wraps etc.
In June 2022, General Mills acquired TNT Crust, a manufacturer of high-quality frozen pizza crusts for national and regional pizza chains, retail outlets, and food service distributors. TNT Crust was a portfolio company of Peak Rock Capital. As part of the acquisition, General Mills has also acquired two manufacturing facilities in Green Bay, Wisconsin, and one manufacturing facility in St. Charles, Missouri.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.50% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Product Type, Packaging Type, Distribution Channel, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | United States of America, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC Countries, South Africa |
| Key Companies Profiled | Bob’s Red Mill; King Arthur Flour; Archer-Daniels-Midlands Co.; Hodgson Mill; Martha White |
| Customization | Available Upon Request |
The growth outlook for the pizza crust mix market is predicted to advance at a CAGR of 5.50% from 2022 to 2032.
The North American region is anticipated To Lead the pizza crust mix market during the forecast period.
The pizza crust mix market is likely to hold a valuation of USD 2,132.3 million by 2032.
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