The Worldwide Batter & Breader Premixes Industry is Expected to Reach $3.4 Billion by 2026 at a CAGR of 6.4% from 2021
Dublin, April 02, 2021 (GLOBE NEWSWIRE) — The “Batter & Breader Premixes Market by Application (Meat, Seafood, and Vegetables), Batter Type (Adhesion, Tempura, Beer, Thick, and Customized), Breader Type (Crumbs & Flakes and Flour & Starch), and Region Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering. The global Batter & breader premixes size is estimated to be valued USD 2.5 billion in 2021 and is projected to reach a value of USD 3.4 billion by 2026, growing at a CAGR of 6.4% during the forecast period. One of the major challenges faced by the batter & breader premixes market is the infrastructural and regulatory challenges in developing countries. Due to the presence of major manufacturers of batter & breader premixes, markets in countries, such as the US, the UK, Germany, and France, have become saturated and extremely competitive. The growth of the food processing industry in developed economies compels manufacturers to identify untapped potential markets and clients in emerging markets. The market for adhesion batter segment projected to grow at the highest CAGR between 2021 and 2026. The adhesion batter segment is the most dominant as well as fastest-growing type of mineral in the Batter & breader premixes market. Adhesion batter provides an outer coating to food products. It is made from various types of starch and is characterized by high solid content and low viscosity. Adhesion is mainly the physical and chemical bonding of the coating material with itself as well as with the food product. Due to this, the adhesion batter binds the outer layers of coating to the food product by creating a cohesive layer between them. It aids in controlling the pick-up of breading, which reduces crumb fall-off and prevents surface voids. The meat segment is projected to grow at the highest CAGR between 2021 and 2026. For meat by batter application in Batter & breader premixes market is the highest contributor in the global market.According to the FAO, Asian countries, especially China and India, dominate the production of eggs and poultry in the world. The demand for batter premixes is growing significantly in several meat applications globally. Products such as chicken nuggets and pork schnitzel are highly popular and use batter premixes for coating and taste enhancement. Crumbs & flakes segment, by breader type is projected to grow at the highest CAGR between 2021 and 2026. Bread crumbs have several applications in food products and are used as the main ingredient in processed food products, such as breading fried food; they are also used as a coating on confectioneries. Furthermore, bread crumbs increase the stability of food products and are, therefore, used in fried products. The crumb comes in different sizes and provides distinct crust and attractive highlights during frying. The crumbs have a more open structure compared to flour, which results in a crispier texture of fried products. The cost of these crumbs is higher than flour, but the demand for crumbs & flakes is more in the batter & breader premixes industry. The meat segment of the Batter & breader premixes, by breader application, is projected to grow at the highest CAGR between 2020 and 2025. The constantly growing chicken consumption across the world and an increase in demand for easy-to-prepare chicken-based products, such as chicken nuggets and chicken fries, have been driving the growth of this segment for the past few years. According to the National Chicken Council, the global per capita consumption of chicken increased from 83.8 pounds in 2014 to 93.8 pounds in 2018. This is due to the changing consumer preference for healthier options, as chicken is a low-calorie meat compared to pork and beef products. Asia Pacific market for Batter & breader premixes is projected to grow at the highest CAGR during the forecast period Asia Pacific is projected to be the second-largest region in the global batter & breader premixes market during the forecast period. This market is majorly driven by factors such as a rise in consumption of meat and seafood, increase in per capita income, rapid urbanization, and the increase in adoption of convenience meat and seafood products. China is projected to dominate the Asia Pacific batter & breader premixes market during the forecast period. The increase in consumption of meat and poultry food products in this country has driven the growth of the batter & breader premixes market. India is projected to be the fastest-growing country in the Asia Pacific batter & breader premixes market. Changing lifestyles and millennial preferences are increasing the demand for convenience and fast foods in the country Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights4.1 Brief Overview of the Batter & Breader Premixes Market4.2 Asia-Pacific: Batter & Breader Premixes Market, by Key Application and Country4.3 Batter Premixes Market, by Country4.4 Breader Premixes Market, by Country 5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers220.127.116.11 Rise in the Consumption of Premium Meat Products18.104.22.168 Inclination Toward Low-Carb and Gluten-Free Products22.214.171.124 Rising Demand for Processed, Prepared, and Convenience Food5.2.2 Restraints126.96.36.199 Volatility in the Prices of Raw Materials188.8.131.52 Prevalence of Allergies to Batter & Breader Premix Sources, Such as Soy and Wheat5.2.3 Opportunities184.108.40.206 Emerging Markets Illustrating Great Potential for Batter & Breader Premixes220.127.116.11 Increase in Investments in Research & Development for New Batter & Breader Technologies5.2.4 Challenges18.104.22.168 Infrastructural and Regulatory Challenges in Developing Countries22.214.171.124 Shift Toward Fresh Food Products5.3 Supply Chain Analysis5.4 Batter & Breader Premixes Market: Regulations5.4.1 Introduction5.5 US Food and Drug Administration (FDA)5.6 Food and Agriculture Organization (FAO)5.7 Canadian Food and Drug Act and Regulations5.8 Covid 19 Impact5.9 Case Studies5.9.1 The Publisher Helped a Leading Batter & Breader Premixes Manufacturer Partner with a Prominent Meat Products Producing Company to Target a Projected Revenue of USD 200 Million Over Three Years5.9.2 The Publisher Helped a Leading Meat Products Manufacturer Acquire a Batter & Breader Premixes Provider to Meet the Rising Consumer Demand 6 Batter Premixes Market, by Type6.1 Introduction6.1.1 Covid 19 Impact on the Batter & Breader Premixes Market, by Batter Type, 2018-2021 (USD Million)126.96.36.199 Realistic Scenario6.1.2 Realistic Scenario6.1.3 Pessimistic Scenario6.2 Adhesion Batter6.2.1 High Usage in Fast-Food Chains6.3 Tempura Batter6.3.1 Increasing Usage of Tempura Batter in Seafood Applications6.4 Beer Batter6.4.1 Increasing Demand for Beer Batter in Developed Countries6.5 Thick Batter6.5.1 Rising Demand for Thick Batter in the North American Snack Food Industry6.6 Customized Batter6.6.1 High Competition Among Quick Service Restaurants Driving the Consumption of Customized Batter 7 Batter Premixes Market, by Application7.1 Introduction7.1.1 Covid 19 Impact on the Batter & Breader Premixes Market, by Batter Application, 2017-2021 (USD Million)7.1.2 Optimistic Scenario7.1.3 Realistic Scenario7.1.4 Pessimistic Scenario7.2 Meat7.2.1 Pork188.8.131.52 Rising Consumption of Pork in Fast-Food Chains of North American and European Countries7.2.2 Chicken184.108.40.206 Rising Health Concerns Driving the Consumption of Chicken7.3 Seafood7.3.1 Increasing Usage of Tempura Batter in Seafood Applications7.4 Vegetables7.4.1 Onion Rings220.127.116.11 Increasing Research on Onion Batter to Provide Healthier Final Products7.4.2 Other Vegetables18.104.22.168 Increasing Demand for Beer Batter Premixes for Vegetables7.5 Others7.5.1 Rising Demand for Batter in Fruit Applications 8 Breader Premixes Market, by Type8.1 Introduction8.1.1 Covid 19 Impact on the Batter & Breader Premixes Market, by Breader Type, 2017-2021 (USD Million)22.214.171.124 Realistic Scenario126.96.36.199 Optimistic Scenario188.8.131.52 Pessimistic Scenario8.2 Crumbs & Flakes8.2.1 Dry Bread Crumbs184.108.40.206 Use of Dry Bread Crumbs in Fish Fingers, Mini Fillets, Goujons, and Chicken Nuggets8.2.2 Fresh Bread Crumbs220.127.116.11 Use of Fresh Bread Crumbs for Soft Coating on Fried Foods or for Stuffing8.2.3 Cracker Crumbs18.104.22.168 Cracker Crumbs Find Usage in Pre-Dust Applications8.2.4 Others22.214.171.124 Nuts and Seeds – Excellent Sources of Proteins, Healthy Fats, Fibers, Vitamins, and Minerals8.3 Flour & Starch8.3.1 Cereals8.3.2 Wheat126.96.36.199 Increase Demand for Wheat in the Meat Industry8.3.3 Rice188.8.131.52 Rice Flour Serving as An Alternative to Wheat Flour in Battered and Breaded Foods8.3.4 Corn184.108.40.206 Corn Breaders Utilized in Seafood Products, Such as Catfish8.3.5 Others220.127.116.11 Use of Barley as a Flavor Enhancer in Seafood8.3.6 Pulses18.104.22.168 High Protein and the Fiber Content of Pulses Add a Distinct Flavor to Coated Foods8.3.7 Blends22.214.171.124 Blended Breaders Are Made from Bread Crumbs, Cereal Breaders, or Fruit & Nut Breaders8.3.8 Others126.96.36.199 Potato Flour – An Alternative to Wheat Flour, Especially in Breading and Coating 9 Breader Premixes Market, by Application9.1 Introduction9.1.1 Covid 19 Impact on the Batter & Breader Premixes Market, by Breader Application, 2017-2021 (USD Million)188.8.131.52 Realistic Scenario184.108.40.206 Optimistic Scenario220.127.116.11 Pessimistic Scenario9.2 Seafood9.2.1 Crab18.104.22.168 Rising Demand for Crabmeat as Starters in Traditional Restaurants9.2.2 Fish22.214.171.124 High Consumption of Fish in Homemade Dishes, with Different Types of Flour9.2.3 Other Breader Seafood Applications126.96.36.199 Rising Consumption of Shrimp in the US9.3 Meat9.3.1 Rising Demand for Breader Premixes in Chicken Applications9.4 Vegetables9.4.1 Increasing Preference for Low-Calorie Snacks 10 Batter & Breader Premixes Market, by Region10.1 Introduction10.2 North America10.3 Europe10.4 Asia-Pacific10.5 RoW10.6 South America 11 Competitive Landscape11.1 Overview11.2 Competitive Scenario (Market Evaluation Framework)11.3 Major Players, 202011.4 Revenue Analysis, 2015-201911.5 Key Market Developments11.5.1 Expansions, Investments & Joint Ventures11.5.2 New Product Launches11.5.3 Collaborations, Agreements & Partnerships11.5.4 Mergers & Acquisitions11.6 Competitive Leadership Mapping11.6.1 Star11.6.2 Emerging Leaders11.6.3 Pervasive11.6.4 Participants11.7 Competitive Leadership Mapping (Start-Up/Sme)11.7.1 Progressive Companies11.7.2 Starting Blocks11.7.3 Responsive Companies11.7.4 Dynamic Companies 12 Company Profiles12.1 Associated British Foods plc12.2 Cargill12.3 Archer Daniels Midland Company12.4 Euroma12.5 House-Autry Mills12.6 Kerry Group12.7 Bunge Limited12.8 Mccormick & Company, Incorporated12.9 Showa Sangyo Co. Ltd.12.10 Newly Weds Foods12.11 Heliofood12.12 Shimakyu12.13 Thai Nisshin Technomic Co. Ltd12.14 Pt Sriboga Flour Mill12.15 Dongguan Hongxing Foods Co. Ltd12.16 Bon Ingredo Sdn Bhd12.17 Arcadia Foods12.18 Xiamen Uprisingstar Foodstuffs Co. Ltd12.19 Zhuhai Yitong Industrial Co. Ltd12.20 Pt. Primera Panca Dwima12.21 Brf Ingredients12.22 Kyoei Food Co. Ltd.12.23 Blendex Company12.24 Ingredion12.25 Brata Produktions 13 Appendix13.1 Discussion Guide13.2 Knowledge Store: The Subscription Portal13.3 Available Customizations13.4 Related Reports For more information about this report visit https://www.researchandmarkets.com/r/cx322p CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Canadian dollar notches biggest gain in a month as stocks rally
The Canadian dollar strengthened to a one-week high against its U.S. counterpart on Thursday as investor sentiment picked up and domestic data showed that retail sales fell less than expected in July.
World stock markets rallied and the safe-haven U.S. dollar retreated from one-month highs as worries about contagion from property developer China Evergrande eased and investors digested the Federal Reserve’s plans for reining in the stimulus.
Canada is a major exporter of commodities, including oil, so the loonie tends to be particularly sensitive to investor appetite for risk.
“The assumption here is that (Fed interest) rate hikes are still a long way out and so equities markets can still perform with accommodative financial conditions,” said Mazen Issa, senior FX strategist at TD Securities in New York.
“Consequently, currencies that have a higher beta to the equity market, like the CAD, can do alright.”
U.S. crude oil futures settled 1.5% higher at $73.30 a barrel, while the Canadian dollar was trading up 0.9% at 1.2653 to the greenback, or 79.03 U.S. cents.
It was the currency’s biggest advance since Aug. 23. It touched its strongest level since last Thursday at 1.2628.
Canadian retail sales dipped 0.6% in July, compared with expectations for a decline of 1.2%, while a preliminary estimate showed sales rebounding 2.1% in August.
Canadian government bond yields were higher across a steeper curve, tracking the move in U.S. Treasuries.
The 10-year touched its highest level since July 14 at 1.335% before dipping to 1.330%, up 11.6 basis points on the day.
(Reporting by Fergal Smith; Editing by Nick Zieminski and Peter Cooney)
Why it is wise to add bitcoin to an investment portfolio – The Economist
“DIVERSIFICATION IS BOTH observed and sensible; a rule of behaviour which does not imply the superiority of diversification must be rejected both as a hypothesis and as a maxim,” wrote Harry Markowitz, a prodigiously talented young economist, in the Journal of Finance in 1952. The paper, which helped him win the Nobel prize in 1990, laid the foundations for “modern portfolio theory”, a mathematical framework for choosing an optimal spread of assets.
The theory posits that a rational investor should maximise his or her returns relative to the risk (the volatility in returns) they are taking. It follows, naturally, that assets with high and dependable returns should feature heavily in a sensible portfolio. But Mr Markowitz’s genius was in showing that diversification can reduce volatility without sacrificing returns. Diversification is the financial version of the idiom “the whole is greater than the sum of its parts.”
An investor seeking high returns without volatility might not gravitate towards cryptocurrencies, like bitcoin, given that they often plunge and soar in value. (Indeed, while Buttonwood was penning this column, that is exactly what bitcoin did, falling 15% then bouncing back.) But the insight Mr Markowitz revealed was that it was not necessarily an asset’s own riskiness that is important to an investor, so much as the contribution it makes to the volatility of the overall portfolio—and that is primarily a question of the correlation between all of the assets within it. An investor holding two assets that are weakly correlated or uncorrelated can rest easier knowing that if one plunges in value the other might hold its ground.
Consider the mix of assets a sensible investor might hold: geographically diverse stock indexes; bonds; a listed real-estate fund; and perhaps a precious metal, like gold. The assets that yield the juiciest returns—stocks and real estate—also tend to move in the same direction at the same time. The correlation between stocks and bonds is weak (around 0.2-0.3 over the past ten years), yielding the potential to diversify, but bonds have also tended to lag behind when it comes to returns. Investors can reduce volatility by adding bonds but they tend to lead to lower returns as well.
This is where bitcoin has an edge. The cryptocurrency might be highly volatile, but during its short life it also has had high average returns. Importantly, it also tends to move independently of other assets: since 2018 the correlation between bitcoin and stocks of all geographies has been between 0.2-0.3. Over longer time horizons it is even weaker. Its correlation with real estate and bonds is similarly weak. This makes it an excellent potential source of diversification.
This might explain its appeal to some big investors. Paul Tudor Jones, a hedge-fund manager, has said he aims to hold about 5% of his portfolio in bitcoin. This allocation looks sensible as part of a highly diversified portfolio. Across the four time periods during the past decade that Buttonwood randomly selected to test, an optimal portfolio contained a bitcoin allocation of 1-5%. This is not just because cryptocurrencies rocketed: even if one cherry-picks a particularly volatile couple of years for bitcoin, say January 2018 to December 2019 (when it fell steeply), a portfolio with a 1% allocation to bitcoin still displayed better risk-reward characteristics than one without it.
Of course, not all calculations about which assets to choose are straightforward. Many investors seek not only to do well with their investments, but also to do good: bitcoin is not environmentally friendly. Moreover, to select a portfolio, an investor needs to amass relevant information about how the securities might behave. Expected returns and future volatility are usually gauged by observing how an asset has performed in the past. But this method has some obvious flaws. Past performance does not always indicate future returns. And the history of cryptocurrencies is short.
Though Mr Markowitz laid out how investors should optimise asset choices, he wrote that “we have not considered the first stage: the formation of the relevant beliefs.” The return from investing in equities is a share of firms’ profits; from bonds the risk-free rate plus credit risk. It is not clear what drives bitcoin’s returns other than speculation. It would be reasonable to believe it might yield no returns in future. And many investors hold fierce philosophical beliefs about bitcoin—that it is either salvation or damnation. Neither side is likely to hold 1% of their assets in it.
This article appeared in the Finance & economics section of the print edition under the headline “Just add crypto”
An Atlantic Investment Bubble Will Help Companies Grow And Create Jobs – Huddle – Huddle Today
Blair Hyslop is the President of the Order of the Wallace McCain Institute. He is co-CEO, along with his wife, Rosalyn Hyslop, of Mrs. Dunster’s and Kredl’s Corner Market, New Brunswick-based companies that employ more than 200 people and have operations throughout Atlantic Canada.
As the Covid-19 pandemic raged around the world, the four Atlantic Canadian provinces came together in an unprecedented spirit of cooperation and collaboration to tackle the challenges it presented. The result was one the safest places in the world, with untold lives saved. That showed what we can do as a region when we work together.
Recently, a group of entrepreneurs from all four provinces came together to discuss ways to grow our economy and erase that gap that still exists with the rest of Canada.
It’s about controlling our own destiny and creating a region with more opportunities for our people.
The Atlantic Investment Bubble
The first item this group is proposing is the creation of an “Atlantic Investment Bubble” – a common equity tax credit to encourage investment across the region. Too often, businesses in Atlantic Canada struggle to find the investment needed to fuel growth compared to the rest of Canada. In fact, there is only $3 of Angel investment per capita in Atlantic Canada for every $28 invested nationally, according to the most recent figures.
That’s a huge gap, one that penalizes businesses in our region.
The challenge of finding investment affects all kinds of businesses – food producers like our company, Mrs. Dunster’s, as well as technology companies, manufacturers, tourism operators and more. We all face the same challenge – finding the capital needed to help our business grow.
Each province has its own equity tax credit aimed at encouraging local investment in local businesses. These work pretty well, as far as they go. They have different amounts of credit available and some outline support for only specific sectors. Yet the fundamental problem with this well-intentioned approach is that it ignores the regional nature of our business community.
As a region, we are simply just too small to operate only within our home provinces – we need to go to other provinces to find customers, vendors, employees, mentors and investors.
The provincial equity tax credits support investors who invest in a company in their home province. But if I wanted to encourage an investor in Nova Scotia, PEI or Newfoundland and Labrador to invest in Mrs. Dunster’s, they wouldn’t receive a tax credit. That becomes a disincentive to invest. A regional equity tax credit will address this problem and create a more robust investment environment within Atlantic Canada by promoting more interprovincial investment. That will help us close the gap with the national investment average.
How It Works
We propose a regional equity tax credit of 35 percent overlayed on the existing provincial programs and focused on sectors that will yield the most benefit to our region, including manufacturing, renewable energy, tourism, food and beverage, IT, aerospace, and cultural industries.
This approach will minimize the amount of legislative and regulatory changes required to implement the program. That’s important because speed matters here – one of the outcomes of the pandemic is there are billions of dollars on the sidelines looking for opportunities to be invested, including large amounts here in Atlantic Canada. By implementing a regional equity tax credit, we can repatriate our own money that too often gets invested in the public markets in Toronto or New York.
It means we can invest in our own potential.
We recognize, of course, that every dollar counts for provincial governments, and that they can’t spend scarce dollars on new programs without consequences. However, we believe that the Atlantic Investment Bubble will be self-sustaining, creating more new tax revenues than it costs.
We propose a four-year pilot program that is backstopped by the federal government, meaning it will have zero cost to the provincial governments. Based on our projections, this incentive would support nearly 50 companies in the first year. By year four after the first year of investment, this equity tax credit will have created over $50-million in labour income and added nearly $80-million to the region’s GDP.
Beyond the numbers, it will make our region more competitive and entrepreneurial. It will give Atlantic Canadian businesses the resources they need to grow, creating new jobs and new tax revenues.
Why You Should Care
Admittedly, a regional equity tax credit can seem like a niche idea. Why should you care about it?
I believe that Atlantic Canadians should be angry that our economy continues to lag behind the national average. It means our unemployment levels remain higher and our average incomes are lower.
It doesn’t have to be this way. We have the talent needed to grow our economy – we just need the fuel in the form of access to more capital.
The Atlantic Investment Bubble will make our business community stronger, creating access to more private sector investment that will help small- and medium-sized businesses grow and create more jobs for Atlantic Canadians, people just like you. It will make our region stronger, keeping your kids at home by providing them with meaningful opportunities.
The Government of Canada spends hundreds of billions each year providing services to Canadians. The modest expenditure to support the Atlantic Investment Bubble is a smart investment in the potential of Atlantic Canada. It is a short-term, not a long-term, expense that will deliver a strong Return On Investment by driving more private sector investment throughout Atlantic Canada.
The provincial governments in Atlantic Canada proved that they could work together in common cause during the height of the pandemic. They did a great job managing the crisis and have positioned the region strongly for the post-pandemic reality. We can build on that momentum with the Atlantic Investment Bubble.
There is already considerable support for the Atlantic Investment Bubble, including the Atlantic Canada Chamber of Commerce, Conseil économique du Nouveau-Brunswick, New Brunswick Business Council, the Order of the Wallace McCain Institute and TechImpact. They understand that this change will open investment in our region and help us achieve our true potential.
If you would like to learn more about this initiative, or to show your support, visit our website: www.atlanticinvestmentbubble.ca. If you are already sold on the benefits, speak to your MLA and MP and ask them to support this smart, cost-effective policy change.
Huddle publishes commentaries from groups and individuals on important business issues facing the Maritimes. These commentaries do not necessarily reflect the opinion of Huddle. To submit a commentary for consideration, contact editor Mark Leger: [email protected]
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