SHARE
Baking Ingredients Market

Baking Ingredients Market Forecasts to 2028 – Global Analysis By Form (Dry, Liquid), Type (Enzymes, Emulsifiers, Fiber, Colors & Flavors,), Channel (Offline, Online), Application (Breads, Buns) and By Geography

4.3 (100 reviews)
Published: July 2021 ID: SMRC20747
4.3 (100 reviews)
Published: July 2021 ID: SMRC20747

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Baking Ingredients Market is accounted for $15.65 billion in 2020 and is expected to reach $28.96 billion by 2028 growing at a CAGR of 8.0% during the forecast period. The rise in the consumption of bakery products and confectionery, growth in demand for low trans-fat & gluten-free products and fast-paced lifestyles of consumers are driving the market growth. However, stringent regulations and international quality standards are hampering the growth of the market.
 
Bakery ingredients are food products that help maintain freshness, softness, & taste; improve shelf-life; and increase the protein content in the baked items. These ingredients hold various functionalities like performing emulsification, protein strengthening, and maintaining freshness in baked food. These items are available in different varieties and are considered as the basic food for human nutrition globally.
 
Based on the application, the breads segment is going to have lucrative growth during the forecast period as bread is one of the basic food products of human beings for so many years. Bread and bakery products are widely consumed as part of traditional diets and are an important source of dietary energy. By geography, Europe is going to have high growth during the forecast period owing to the changing lifestyles creating a need for alternatives for conventional home food and the ongoing revolution in the food processing industry leading to the development of new packaged food which caters to the growing demand for convenient food from consumers.

Some of the key players profiled in the Baking Ingredients Market include Dawn Foods, The Archer Daniels Midland Company, Tate & Lyle, Puratos NV, Ornima Bakery, Lallemand, Koninklijke DSM NV, Associated British Foods PLC, International Flavors & Fragrances, Inc., General Mills Inc., DuPont, Corbion, British Bakels Ltd, AAK, Kerry Group plc and Cargill Incorporated.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 15.65 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

8.0%

Predicted 2028 Value:

USD 28.96 billion

Forecast Years:

2021-2028

Tables, Graphs& Figures

299

Chapters Covered:

Form, Type, Sales Channel, Application and Region

Core Drivers and Opportunities:

  • Rise in the consumption of bakery products and confectionery
  • Fast-paced lifestyles of consumers
  • High demand for low trans-fat & gluten-free products

Restraining Factors & Market Threats:

  • International quality standards
  • Stringent regulations


Forms Covered:
• Dry
• Liquid

Types Covered:
• Fats and Oils/Shortenings
• Enzymes
• Baking Cocoa and Chocolate Chips
• Antimicrobials
• Emulsifiers
• Leavening Agents
• Sweeteners
• Preservatives
• Flours and Starches
• Compound Chocolate
• Dough Products
• Fiber
• Desiccated Coconut
• Dairy Ingredients
• Colors & Flavors
• Other Types   

Sales Channels Covered:
• Offline
• Online 

Applications Covered:
• Breads
• Sweet Bakery
• Savory Baked Products
• Buns
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Baking Ingredients Market is majorly driven by growth in demand for low trans-fat & gluten-free products, fast-paced lifestyles of consumers and rise in the consumption of bakery products and confectionery.

The breads segment is growing at a highest CAGR as bread is one of the basic food products of human beings for so many years. Bread and bakery products are widely consumed as part of traditional diets and are an important source of dietary energy.

Europe dominated with a significant market share due to the ongoing revolution in the food processing industry leading to the development of new packaged food which caters to the growing demand for convenient food from consumers and changing lifestyles creating a need for alternatives for conventional home food.

Asia Pacific region is growing at a highest CAGR owing to the increasing demand for leavening agents, emulsifiers, and fats & shortenings in significant baking applications such as bread and biscuits & cookies.

Key players in Baking Ingredients Market include Dawn Foods, The Archer Daniels Midland Company, Tate & Lyle, Puratos NV, Ornima Bakery, Lallemand, Koninklijke DSM NV, Associated British Foods PLC, International Flavors & Fragrances, Inc., General Mills Inc., DuPont, Corbion, British Bakels Ltd, AAK, Kerry Group plc and Cargill Incorporated.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials