Bakery Ingredients Market By Technology (Emulsifiers, Leavening Agents, Enzymes), By Applications (Bread, Cookies & Biscuits, Rolls & Pies) -Global size Analysis and Industry Forecast, 2018-2023
The global Bakery Ingredients Market is segmented on the basis of technology, by application, and by region. On the basis of technology the market is segmented as Emulsifiers, Leavening Agents, Enzymes, Baking Powder & Mixes, Oils, Fats, and Shortenings, Colors & Flavors, Starch and others of which Baking Powder & Mixes segment is expected to hold the highest market share during the forecast period.
On the basis of application, the market is segmented as Bread, Cookies & Biscuits, Rolls & Pies, Cakes & Pastries, and Others in which bread segment holds the highest market share in the forecasted period and are expected to grow with highest CAGR
The European region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level China, India, and Japan are the major markets in the Asia Pacific region and holds a substantial market share in 2017 and it is projected to grow at a gradual pace in the coming years. High per capita consumption of bread was one of the major factors driving the baking ingredients market in this region.
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• Changing Consumer Lifestyles Increase the Demand for Convenience Foods.
• Consumer preferences for healthier bakery products.
• Replacement of baked products with cereals
• Stringent regulations and international quality standards.
• Demand for Healthier Baked Goods in Emerging Markets.
• Growth of Frozen Bakery Products Market
• Impact of European Crisis on Consumer Spending In Baked Goods Category.
• Health Issues Due to Excess Consumption of Trans Fatty Acids
Some of the key players in the global Bakery Ingredients Market are Cargill (U.S), Koninklijke DSM N.V. (the Netherlands), Kerry Group PLC (Ireland) and Associated British Foods PLC (U.K.). The other players in the value chain include AAK AB, Tate & Lyle, Archer Daniels Midland Company, E. I. Du Pont De Nemours and Company, Lallemand, Inc. and Dawn Food Products, Inc.
Key Benefits for Stakeholders
• Bakery Ingredients manufacturers
• Bakery associations and industry bodies
• Raw material distributors and suppliers
• Government agencies, authorities, and Research organization
• Leavening Agents
• Baking Powder & Mixes
• Oils, Fats, and Shortenings
• Colors & Flavors
• Cookies & Biscuits
• Rolls & Pies
• Cakes & Pastries
• North America
Key Market Players
• Koninklijke DSM N.V.
• Kerry Group PLC
• AAK AB
• Associated British Foods PLC
• Tate & Lyle
• Archer Daniels Midland Company
• E. I. Du Pont De Nemours and Company
• Lallemand, Inc.
• Dawn Food Products, Inc.
(Another brief information of 10 companies will be provided in a report.)
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