A Bakery Ingredients Market By Type (Enzymes, Starch, Fiber, Colors, Flavors, Emulsifiers

Bakery Ingredients Market By Type (Enzymes, Starch, Fiber, Colors, Flavors, Emulsifiers, Antimicrobials, Fats, Dry baking mix, Others), By Application (Bread, Cookies and Biscuits, Rolls and Pies, Cakes and Pastries, Others): Global Opportunity Analysis and Industry Forecast, 2024-2035

The global bakery ingredients market size was valued at $15.5 billion in 2023, and is estimated to reach $32.1 billion by 2035, growing at a CAGR of 6.3% from 2024 to 2035. Baking ingredients are food materials employed in the bakery industry to prepare ready-to-eat food stuff. These ingredients enhance the texture, color, flavor, volume, softness, and other properties of the food items. They are available in wide varieties, and their utilization in bakery products depends upon the consumption patterns of different regions. The bakery industry possesses high growth potential and is anticipated to garner a remarkable position in the food processing sector. This is attributed to the demand for bakery items, owing to busy lifestyle and increase in preference for fresh & ready-to-eat convenience foods comprising of high nutritional values.

The bakery ingredients market is segmented on the basis of type, application, and region. On the basis of type, it is divided into enzymes, starch, fiber, colors, flavors, emulsifiers, antimicrobials, fats, dry baking mix, and others. On the basis of application, it is fragmented into bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, United Arab Emirates, South Africa, Saudi Arabia and rest of LAMEA).

The growth of the global bakery ingredients market is majorly driven by rise in inclination toward convenient bakery food products, due to hectic lifestyle. Furthermore, among the health-conscious consumers, there is an upsurge in demand for low trans-fat & gluten-free bakery products. In addition, alarming rise in obesity rates and growth in health concerns among people shift their preference toward healthier bakery products.

However, the availability of substitutes such as cereals & oats as well as stringent regulations on ingredients being used in baked food items & international quality standards are expected to hamper the growth of the market during the forecast period. On the contrary, the emerging market for frozen bakery products and the focus of key players on lessening the production costs and improving quality & shelf life of products are anticipated to provide lucrative opportunities for expansion of the market.

The regulations associated with bakery products are related to various ingredients used in the process, food hygiene labeling & packaging, health claims, and others. For instance, according to the Food and Drug Administration (FDA), regulations about menu labeling insist on providing various information such as nutrition facts, ingredients used, common name of the bakery products, name & address of manufacturers, and others on labels, which are sold in various supermarkets, retail stores, and bakeries.

Factors such as pH, water activity, and moisture content affect the quality of baked products, leading to deterioration and contamination, which affect the shelf life. However, manufacturers in the market focus on improving the shelf life of products by using preservatives such as sorbates and benzoates, which have the ability to inhibit yeasts. Moreover, effective packaging helps preserve the shelf life of baked products, which is expected to provide lucrative opportunities for the market. Furthermore, innovative technologies such as long fermentation, new refrigeration technologies, and modern baking concepts have helped improve the quality of bakery products.

Various categories of frozen bakery products such as cakes & pastries, croissants, cookies, muffins, scones, breads, and biscuits are available in the market; thereby, saving time and effort. Consumers are preferring frozen food that require minimal food processing, due to increase in working population and time constraints. Moreover, freezing preserves the quality of products without compromising the taste. All these factors together are expected to provide potential opportunities for market expansion.

Major players operating in the bakery ingredients market include Archer-Daniels-Midland Company, Associated British Foods Plc., Cargill Incorporated, E. I. Du Pont De Nemours and Company, Ingredion Incorporated, Kerry Group, Plc., Koninklijke DSM N.V., Dawn Food Products, Inc., Bakels Group, and Lallemand Inc.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bakery ingredients market analysis from 2023 to 2035 to identify the prevailing bakery ingredients market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the bakery ingredients market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global bakery ingredients market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

Enzymes
Starch
Fiber
Colors
Flavors
Emulsifiers
Antimicrobials
Fats
Dry baking mix
Others

By Application

Bread
Cookies and Biscuits
Rolls and Pies
Cakes and Pastries
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Indonesia
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East and Africa
United Arab Emirates
South Africa
Saudi Arabia
Rest of Middle East And Africa
Key Market Players
ARCHER-DANIELS-MIDLAND COMPANY
Associated British Foods PLC
BAKELS GROUP
Cargill, Incorporated
DAWN FOOD PRODUCTS, INC
E. I. DU PONT DE NEMOURS AND COMPANY
INGREDION INCORPORATED
KERRY GROUP PLC
KONINKLIJKE DSM N.V
LALLEMAND INC

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