Global Bakery Emulsion Market Size, Trends and Growth Opportunity, By Products (Bread, Cakes and Pastries, Biscuits and Cookies and Other Bakery Products), By Distribution (Online Retail, Supermarket/Hypermarket, Specialty Stores, Convenience Stores and Others), By Region and Forecast Till 2027.
Global Bakery Emulsion Market
The global bakery emulsion market was valued at US$ 428.9 million in 2021 and it is expected to reach at US$ 548.2 million in 2027 at a CAGR of 3.4 % during forecast period 2022-2027.
Bakery Emulsion is a mixture of two or more liquids which are typically unmixable. It is also called emulsifiers used in bakery as a multifunction ingredient in baked goods such as cakes, bread and biscuit. They are used to give smooth texture and make food more appealing. Demand for bakery and confectionery products is growing significantly which further propel the growth of bakery emulsion.
Market Drivers
Increasing demand for bakery and confectionary due to ready to eat nature, flavor and nutritional content and texture of bakery items, hectic schedules and changing lifestyles of consumer are projected to escalate the demand for bakery items and packaged foods. Major companies are putting efforts on developing new and innovative bakery goods.
Market Restraints
The stringent regulation and implementation of global quality standards are expected to restrain market growth. Further it causes several diseases like obesity, liver disease and diabetes if consumed in abundant, due to rising concern regarding healthy lifestyle among consumer hence, manufacturer need to spend in R&D to overcome from this concern.
COVID-19 Impact on Bakery Emulsion Market
With the outbreak of covid-19 the bakery emulsion market is also get affected due to disruption in production and supply chain. Strict regulation and shutting down of manufacturing industries by government to decrease the spread of corona virus adversely impacted the growth of this market. Therefore, the impact on demand and supply of bakery items lead to declined sales rate in 2020.
Market Segmentation
The global bakery emulsion segmented on the basis of product. On the basis of product it segmented into bread, cakes and pastries, biscuits and cookies and other bakery products. On the basis of distribution channel, it segmented into supermarkets/hypermarkets, speciality stores, convenience stores and others.
Regional Analysis
The global bakery emulsion market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. North America and Europe are likely to boost demand for bakery emulsions, rising population in Asia –Pacific region the demand for bakery goods and bakery emulsion witness a significant growth.
Key Players
Various key players are listed in this report such as Cargill, ADM, Wittington Investments, Palsgaard, DuPont, BASF, DSM, Associated British Foods Plc., Danisco and Kerry Group.
Market Taxonomy
By Products
Bread
Cakes & Pastries
Biscuits and cookies
Other bakery products
By Distribution channel
Online retail
Supermarket/hypermarket
Specialty Stores
Convenience stores
Others.
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global Bakery Emulsion Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
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