Baking Ingredients Market
PUBLISHED: 2021 ID: SMRC20747
SHARE
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)
4.3 (100 reviews)
Published: 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.

Table of Contents

1 Executive Summary            
              
2 Preface    
         
 2.1 Abstract            
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology          
  2.4.1 Data Mining          
  2.4.2 Data Analysis          
  2.4.3 Data Validation          
  2.4.4 Research Approach          
 2.5 Research Sources           
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions          
              
3 Market Trend Analysis           
 3.1 Introduction           
 3.2 Drivers            
 3.3 Restraints           
 3.4 Opportunities           
 3.5 Threats            
 3.6 Application Analysis           
 3.7 End User Analysis           
 3.8 Emerging Markets           
 3.9 Impact of Covid-19           
              
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers           
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry           
              
5 Global Baking Ingredients Market, By Form         
 5.1 Introduction           
 5.2 Dry            
 5.3 Liquid             
              
6 Global Baking Ingredients Market, By Type         
 6.1 Introduction           
 6.2 Fats and Oils/Shortenings          
 6.3 Enzymes            
 6.4 Baking Cocoa and Chocolate Chips         
 6.5 Antimicrobials           
 6.6 Emulsifiers           
 6.7 Leavening Agents           
  6.7.1 Baking Powder and Mixes         
  6.7.2 Yeast           
 6.8 Sweeteners           
 6.9 Preservatives           
 6.10 Flours and Starches           
 6.11 Compound Chocolate           
 6.12 Dough Products           
 6.13 Fiber            
 6.14 Desiccated Coconut           
 6.15 Dairy Ingredients           
 6.16 Colors & Flavors           
 6.17 Other Types            
  6.17.1 Nuts           
  6.17.2 Honey           
  6.17.3 Fruits           
  6.17.4 Eggs           
              
7 Global Baking Ingredients Market, By Sales Channel        
 7.1 Introduction           
 7.2 Offline            
 7.3 Online            
              
8 Global Baking Ingredients Market, By Application         
 8.1 Introduction           
 8.2 Breads            
 8.3 Sweet Bakery           
  8.3.1 Sweet Biscuits and Crackers         
  8.3.2 Cakes           
  8.3.3 Pastries           
  8.3.4 Donuts           
 8.4 Savory Baked Products          
  8.4.1 Rolls           
  8.4.2 Puffs           
  8.4.3 Pies           
 8.5 Buns            
 8.6 Other Applications            
  8.6.1 Tortillas           
  8.6.2 Pizza Bases          
  8.6.3 Scones           
  8.6.4 Pretzels           
  8.6.5 Cereals           
  8.6.6 Tarts           
              
9 Global Baking Ingredients Market, By Geography         

 9.1 Introduction           
 9.2 North America           
  9.2.1 US           
  9.2.2 Canada            
  9.2.3 Mexico           
 9.3 Europe            
  9.3.1 Germany           
  9.3.2 UK           
  9.3.3 Italy           
  9.3.4 France           
  9.3.5 Spain           
  9.3.6 Rest of Europe          
 9.4 Asia Pacific            
  9.4.1 Japan           
  9.4.2 China           
  9.4.3 India           
  9.4.4 Australia           
  9.4.5 New Zealand          
  9.4.6 South Korea          
  9.4.7 Rest of Asia Pacific          
 9.5 South America           
  9.5.1 Argentina          
  9.5.2 Brazil           
  9.5.3 Chile           
  9.5.4 Rest of South America         
 9.6 Middle East & Africa          
  9.6.1 Saudi Arabia          
  9.6.2 UAE           
  9.6.3 Qatar           
  9.6.4 South Africa           
  9.6.5 Rest of Middle East & Africa         
              
10 Key Developments            
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 10.2 Acquisitions & Mergers          
 10.3 New Product Launch          
 10.4 Expansions           
 10.5 Other Key Strategies          
              
11 Company Profiling            
 11.1 Dawn Foods           
 11.2 The Archer Daniels Midland Company         
 11.3 Tate & Lyle           
 11.4 Puratos NV           
 11.5 Ornima Bakery           
 11.6 Lallemand           
 11.7 Koninklijke DSM NV           
 11.8 Associated British Foods PLC          
 11.9 International Flavors & Fragrances, Inc.         
 11.10 General Mills Inc.           
 11.11 DuPont             
 11.12 Corbion            
 11.13 British Bakels Ltd           
 11.14 AAK            
 11.15 Kerry Group plc           
 11.16 Cargill Incorporated           


List of Tables             
1 Global Baking Ingredients Market Outlook, By Region (2019-2028) ($MN)       
2 Global Baking Ingredients Market Outlook, By Form (2019-2028) ($MN)       
3 Global Baking Ingredients Market Outlook, By Dry (2019-2028) ($MN)       
4 Global Baking Ingredients Market Outlook, By Liquid (2019-2028) ($MN)       
5 Global Baking Ingredients Market Outlook, By Type (2019-2028) ($MN)       
6 Global Baking Ingredients Market Outlook, By Fats and Oils/Shortenings (2019-2028) ($MN)     
7 Global Baking Ingredients Market Outlook, By Enzymes (2019-2028) ($MN)      
8 Global Baking Ingredients Market Outlook, By Baking Cocoa and Chocolate Chips (2019-2028) ($MN)    
9 Global Baking Ingredients Market Outlook, By Antimicrobials (2019-2028) ($MN)      
10 Global Baking Ingredients Market Outlook, By Emulsifiers (2019-2028) ($MN)      
11 Global Baking Ingredients Market Outlook, By Leavening Agents (2019-2028) ($MN)     
12 Global Baking Ingredients Market Outlook, By Baking Powder and Mixes (2019-2028) ($MN)     
13 Global Baking Ingredients Market Outlook, By Yeast (2019-2028) ($MN)       
14 Global Baking Ingredients Market Outlook, By Sweeteners (2019-2028) ($MN)      
15 Global Baking Ingredients Market Outlook, By Preservatives (2019-2028) ($MN)      
16 Global Baking Ingredients Market Outlook, By Flours and Starches (2019-2028) ($MN)     
17 Global Baking Ingredients Market Outlook, By Compound Chocolate (2019-2028) ($MN)     
18 Global Baking Ingredients Market Outlook, By Dough Products (2019-2028) ($MN)      
19 Global Baking Ingredients Market Outlook, By Fiber (2019-2028) ($MN)       
20 Global Baking Ingredients Market Outlook, By Desiccated Coconut (2019-2028) ($MN)     
21 Global Baking Ingredients Market Outlook, By Dairy Ingredients (2019-2028) ($MN)      
22 Global Baking Ingredients Market Outlook, By Colors & Flavors (2019-2028) ($MN)      
23 Global Baking Ingredients Market Outlook, By Other Types (2019-2028) ($MN)      
24 Global Baking Ingredients Market Outlook, By Nuts (2019-2028) ($MN)       
25 Global Baking Ingredients Market Outlook, By Honey (2019-2028) ($MN)       
26 Global Baking Ingredients Market Outlook, By Fruits (2019-2028) ($MN)       
27 Global Baking Ingredients Market Outlook, By Eggs (2019-2028) ($MN)       
28 Global Baking Ingredients Market Outlook, By Sales Channel (2019-2028) ($MN)      
29 Global Baking Ingredients Market Outlook, By Offline (2019-2028) ($MN)       
30 Global Baking Ingredients Market Outlook, By Online (2019-2028) ($MN)       
31 Global Baking Ingredients Market Outlook, By Application (2019-2028) ($MN)      
32 Global Baking Ingredients Market Outlook, By Breads (2019-2028) ($MN)       
33 Global Baking Ingredients Market Outlook, By Sweet Bakery (2019-2028) ($MN)      
34 Global Baking Ingredients Market Outlook, By Sweet Biscuits and Crackers (2019-2028) ($MN)     
35 Global Baking Ingredients Market Outlook, By Cakes (2019-2028) ($MN)       
36 Global Baking Ingredients Market Outlook, By Pastries (2019-2028) ($MN)      
37 Global Baking Ingredients Market Outlook, By Donuts (2019-2028) ($MN)       
38 Global Baking Ingredients Market Outlook, By Savory Baked Products (2019-2028) ($MN)     
39 Global Baking Ingredients Market Outlook, By Rolls (2019-2028) ($MN)       
40 Global Baking Ingredients Market Outlook, By Puffs (2019-2028) ($MN)       
41 Global Baking Ingredients Market Outlook, By Pies (2019-2028) ($MN)       
42 Global Baking Ingredients Market Outlook, By Buns (2019-2028) ($MN)       
43 Global Baking Ingredients Market Outlook, By Other Applications (2019-2028) ($MN)     
44 Global Baking Ingredients Market Outlook, By Tortillas (2019-2028) ($MN)      
45 Global Baking Ingredients Market Outlook, By Pizza Bases (2019-2028) ($MN)      
46 Global Baking Ingredients Market Outlook, By Scones (2019-2028) ($MN)       
47 Global Baking Ingredients Market Outlook, By Pretzels (2019-2028) ($MN)      
48 Global Baking Ingredients Market Outlook, By Cereals (2019-2028) ($MN)      
49 Global Baking Ingredients Market Outlook, By Tarts (2019-2028) ($MN)       
              
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

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