Global Leavening Agents Market - 2022-2029

Global Leavening Agents Market - 2022-2029

Market Overview

The global leavening agents market is valued at USD xx million in 2021 and is forecast to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029)

Leavening agent is a substance used majorly in dough and batters by the release of gases of mixtures, producing baked products with absorbent structure. Different leavening agent available are baking soda, baking powder, active dry yeast, sourdough starter, homemade potash, potassium bicarbonate and bakers’ ammonia. Leavening agents do not perform a healthy function in baked goods, nor are they intended to enhance the nutritional value of the finished product. Given their nature, some leavening agents, like leavening acids, assume an extra addition of salts and sodium. The market is growing by the increasing demand for bakery products, rising health consciousness among people, and changing lifestyles, making leaving agents more popular.

Market Dynamics:

Increasing usage of leavening agents in bakery products

A leaving agent is one of the major ingredients in bakery products while making dough and batter produce baked products with absorbent structure. Various types of leavening agents are available in the market, but mostly used products are baking powder and yeast used in pie preparations. The market is majorly driven by increasing usage of leavening agents in baked food products like cake, pastry, bread, and biscuits, among others. Leavening agents help increase product quality and increase the shelf life of the baked foods. When it comes to bakery and confectionary products, companies are focusing on launching new products with new ingredients with better nutritional value. Bread producers are focusing on producing low carbohydrate breads and adding wheat protein and wheat fiber. With launch of new bread products, the demand for leavening agents will also grow in coming years. New product development in bakery and confectionery industry with new flavors and nutritional ingredients is likely to accelerate growth in the leavening agents market.

Market Segmentation:

Fried foods segment held highest market revenue share of XX% in the year 2021

A leavening agent is a chemical that, when mixed with liquid, acid, or heat, causes the dough to get bigger by releasing gas. Baking soda, baking powder, whipped egg whites or cream, active or instant dried yeast, and even steam are all rising agents that give baked goods their maximum volume, texture, and crumb which all come under the fried foods segment. Protein from chicken, fish, beef or shellfish does not comprise yeast and will help keep the body healthy while also observance feeling full between meals, construction less likely to go for sugary snacks which are the major reason for driving the growth of this segment.

The biological leavening agents segment is expected to hold the highest market share in terms of revenue by 2029. A biological leavening agent is the most frequently used leavening agent, it is readily obtainable in the market, and the cost of biological leavening is reasonably priced when compared to other leavening agents, all of which contribute to the market's growth. The majority of customers favour biological leavening agents owing to their ease of use and inexpensive cost.

Geographical Penetration:

Europe is expected to dominate the global leavening agents market in the year 2021

Increasing consumer purchasing power towards bakery products in the region will drive the segment growth. Consumption of bakery products is increasing day by day in Europe. The rising demand for free-from food products, particularly gluten-free products, is followed by coeliac patients and by the general health-conscious public, holding the belief that gluten-free, sugar-free products will help them overcome problems related to bloating, indigestion, obesity, diabetes, many other health problems. Thus, bakery products with claims such as fat-free, sugar-free, gluten-free, whole wheat, and salt-free are gaining popularity among the health-conscious consumer category. As confectionery consumption increases, demand for various leavening agents increases, driving the Europe market's growth. Companies in the Europe food leavening market are investing in natural and organic food leavening to produce bakery and confectionery products.

Competitive Landscape:

The global market remains fragmented due to local and private-label brands in different regions. Some of the key players of leavening agents are Cargill, Incorporated, Puratos, and Stern-Wywiol Gruppe GmbH & Co. KG, Lesaffre. Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the leavening agent’s market. For instance, in Oct 2019, Puratos opened an Innovation Centre in Chicago. Puratos has invested $1.5 million into a 6,700-square-foot facility in a historic building that once housed The World's Fair in Chicago. Sourdough and wholegrain focus which are leavening agents. Puratos provide ingredients ranging from fat and emulsifier useful for fruit filling and chocolates. Also, in July 2018, AB Mauri expanded with a new acquisition. This agreement is to purchase Holgran, a bakery ingredients supplier, from Rank Hovis Milling. The acquisition will complement AB Mauri UK & Ireland's product portfolio, which offers a range of baking ingredients, icings and mixes

COVID-19 Impact:

Positive impact on the global leavening agents market

The pandemic has positively impacted the market worldwide. Due to the outbreak of the COVID-19, governments across the world have strict social distancing norms. Pandemic has affected almost all the sectors of the economy. The leavening agents market is not affected that much compared to other markets. The demand for the leavening agents was increasing. Due to social distancing and lockdown, people preferred to make large quantities of bread and cakes at home. As leavening agents in bakery products are minimal, the supply was sufficient to meet the customers' demands. During the pandemic, the consumption of healthy foods increased an opportunity for the leavening agents market.

Why Purchase the Report?

Understand the current market scenario and viability of global leavening agents market over the forecast period

Visualize the composition of the global leavening agents market in terms of form and application to identify major players, growth potential, and market strategies

Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period

Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

excel data sheet with valuable data points of the global leavening Agents market – Regional and Country level segmentation

Product mapping in excel for the key products of all major market players

Market share analysis covering business revenues ($) and revenue share (%) of key market players

The global leavening agents market report would provide an access to approximately 53 market data tables, 46 figures and 180 pages

Target Audience:

Food and Beverages Manufacturers

Food Ingredients Manufacturers

Bakery & Confectionery Industries

Education & Research Institutes

Research Professionals