Doughnut mix can preferably be a homemade or packaged mix that is used to make delicious doughnuts at home. Homemade doughnut mix often takes in water, yeast, oil and sugar to prepare the doughnut mix, which can then be cooked inside a doughnut maker to make this popular snack. There are a variety of doughnut mixes sold in the market today including General Mills Doughnut mix, Multifoods Donut mix, Donut Base Danish mix, etc.