Argentina Baking Ingredients Market Overview, 2028

Argentina Baking Ingredients Market Overview, 2028

Baking is associated with feelings of homeliness and warmth in Argentine culture. The aroma of freshly baked goods, such as facturas (pastries) or pan dulce (sweet bread), evokes a sense of comfort and nostalgia. Baking is often connected with family gatherings, holidays, and special occasions, creating a cosy and inviting atmosphere. It is regarded as a source of culinary pride in Argentina. Families often have their own treasured baking recipes that have been passed down through generations. Baking traditional treats is a way to honour family heritage and cultural traditions, keeping them alive for future generations. There is a sense of pride in mastering traditional baking techniques and creating authentic Argentine flavours. Baking plays a significant role in Argentine traditions and festivities. Certain baked goods are associated with specific holidays and celebrations. For example, during Christmas, the preparation of panettone, budín (fruitcake), and gingerbread cookies is a cherished tradition. Baking is seen as an integral part of these cultural celebrations, adding a sense of tradition and joy. Argentina is renowned for its wine production, and there is a fascinating crossover between the wine industry and baking. Bakers have experimented with incorporating wine, such as Malbec or Torrontés, into their recipes to enhance flavours and create wine-infused desserts. Mate, a traditional South American herbal tea, is sometimes infused into baked goods in Argentina to add a distinct flavour. Mate-infused cakes, cookies, and pastries are gaining popularity, providing a unique twist to traditional recipes.

According to the research report Argentina Baking Ingredients Market Overview, 2028, published by Bonafide Research, The Argentina Baking Ingredients Market was valued at above USD 261.08 Mmillion in 2022. Bread holds a significant place in Argentine cuisine. Traditional bread, such as French bread (pan francés), baguettes, and rustic country loaves, is commonly enjoyed as part of daily meals. Argentines have a strong appreciation for freshly baked bread, and it is a staple in many households. Argentina also embraces various other baked goods such as waffles, brownies, crackers, tarts, croissants, pancakes, and donuts. These items are found in bakeries, cafés, and specialty shops, offering a diverse selection for those with different tastes and preferences. Rolls and pies are widely enjoyed in Argentina, both as snacks and light meals. Medialunas, sweet and flaky croissant-like pastries, are a classic breakfast item and a popular choice. Empanadas, savoury pastries filled with various ingredients, including meat, cheese, or vegetables, are also highly consumed. Baking ingredients like flour, butter, and fillings play a significant role in the preparation of these baked goods. Starches like cornstarch or potato starch may be used in baking to improve texture, thicken fillings, or create a light crumb in certain baked goods. The market for starch is likely to grow in the future. Besides baking powder, other leavening agents like yeast and baking soda are utilised in specific recipes such as bread, rolls, and certain pastries. Oils, fats, and shortenings play crucial roles in baking, providing moisture, texture, and flavour. Butter, vegetable oils, and margarine are commonly used in various baked goods.

In Argentina, several major brands dominate the baking ingredient market. Arcor is a prominent brand known for its wide range of baking ingredients, including flour, sugar, chocolate, and baking mixes. Morixe is another well-known brand that specializes in flour, yeast, and cake mixes. La Salteña offers ready-to-use dough products, while Blancaflor is renowned for its flour and baking mixes. Nevares is trusted for cocoa powder and chocolate products, and Natura caters to the demand for organic baking ingredients. These brands have established themselves as reliable sources for high-quality baking ingredients, serving both professional bakers and home cooks in Argentina. ExpoBread is a specialized exhibition dedicated to the bakery industry in Argentina. It features a wide range of baking ingredients, equipment, machinery, packaging solutions, and bakery products. The event offers a platform for industry professionals to explore new products, technologies, and business opportunities. Fiestas Mayas is a traditional celebration in the town of San Pedro, Misiones province, where bakers participate in competitions to showcase their skills in making traditional Mayan bread. The festival showcases the rich baking heritage of the region and offers visitors the opportunity to sample a variety of breads and pastries. The Festival Nacional e Internacional del Pan takes place annually in the city of Villa General Belgrano in Córdoba province. It brings together professional bakers, pastry chefs, and bread enthusiasts from Argentina and around the world. The festival includes baking competitions, workshops, demonstrations, and exhibitions highlighting traditional and innovative bread-making techniques. Bread holds a significant place in Argentine cuisine.

The National Food Code (Código Alimentario Argentino) sets the standards for food production, including baking ingredients, to ensure consumer safety and product quality. The regulations cover aspects such as ingredient composition, labeling, packaging, and hygiene standards. Additionally, regulatory bodies such as the National Institute of Industrial Technology (INTI) and the National Administration of Medicines, Food, and Medical Technology (ANMAT) oversee the enforcement of food regulations and conduct inspections to ensure compliance with food safety standards. Supermarkets, hypermarkets, and grocery stores are major retail channels for baking ingredients. They offer a wide range of baking products, including flours, sugars, oils, baking mixes, and other essential ingredients. Both large chains and independent retailers play a significant role in the distribution of baking ingredients. Among the prominent chains operating in Argentina are Carrefour, Coto, Walmart, Disco, Jumbo, Vea, La Anónima, Día, Makro, and Supermercados DIA%. Specialty stores in Argentina cater specifically to baking and confectionery supplies, offering a diverse range of baking ingredients, tools, and equipment. Casa Díaz, Delicity, Granomat, Almacen de Harinas, and Gran Leopoldo are popular Specialty stores. E-commerce has gained significant traction in Argentina, and many consumers now prefer to purchase baking ingredients online. Online platforms and websites offer convenience, a wide product selection, and the ability to compare prices and read customer reviews. Both dedicated baking ingredient websites and general e-commerce platforms serve as sales channels for baking ingredients. It includes online channels like Mercado Libre, Linio, Coto Digital, Walmart Online, Carrefour Online, Jumbo Online, DIA Online, Delicity Online, Gran Leopoldo Online, and Almacen de Harinas Online.

Ensuring a smooth and efficient supply chain can be challenging in Argentina, considering the vast geographical area and transportation infrastructure limitations. This can result in delays, increased costs, and difficulties in maintaining consistent ingredient availability. The baking ingredients market is affected by fluctuations in the prices of key commodities such as wheat, sugar, and oils. Price volatility can impact the profitability of both manufacturers and retailers and may lead to fluctuations in product pricing. Baking ingredients, particularly perishable ones, need to have adequate shelf life to ensure freshness and quality. Maintaining the desired attributes of ingredients, such as flavor, texture, and nutritional value, throughout their shelf life can be a challenge for manufacturers. Regardless of the challenges busy lifestyles and a desire for convenience have led to increased demand for pre-mixed baking ingredients and ready-to-use products. Consumers seek baking ingredients that simplify the baking process and reduce preparation time. The popularity of baking as a recreational activity has surged, with more people taking up baking as a hobby. This trend has driven the demand for baking ingredients as individuals explore new recipes and experiment with different flavors and ingredients. Consumers are increasingly focused on healthier eating habits, including baked goods. This has led to a growing demand for baking ingredients that are natural, organic, gluten-free, and low in sugar or fat.

Considered in this report:
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Argentina Baking Ingredients Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Baking powder and mixes
• Leavening agents
• Oils, fats, and shortenings
• Emulsifiers
• Enzymes
• Starch
• Fiber
• Preservatives
• Colors & flavors
• Sweetners
• Others

By Application:
• Bread
• Cookies & Biscuits
• Rolls & Pies
• Cakes & Pastries
• Others (Waffles, Brownie, Crackers, Tart, Croissants, Pancakes, Donuts, etc)

By Form:
• Dry
• Liquid

The approach of the report
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to baking ingredients industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.