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Baking Ingredients Market Revenue Global Forecast to 2027 with Financial Information, Key Companies Profile Cargill, Associated British Foods, Kerry Group PLC, Taura Natural Ingredients Limited and more

07-09-2019 02:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Baking Ingredients

Baking Ingredients

The global bakery ingredients market is driven by factors such as busy lifestyle and change in dietary habits, which in turn result in higher consumption of bakery products. Moreover, change in culture and routines of people in the developing nations and growth in demand for low trans-fat & gluten-free products are expected to increase the market growth. In addition, rapid rise in obesity rates and rise in fitness-related concerns have fueled the demand for healthy bakery food products. Conversely, growing trend of replacing baked products with cereals, such as oats, is expected to hamper the growth of the global market. Furthermore, stringent regulations and implementation of international quality standards are anticipated to restrain the market growth. However, the potential market for frozen bakery foods along with proactive efforts of key players to reduce production costs and increase shelf life of products are anticipated to provide lucrative opportunities for the market growth.

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The application segment is divided into bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. In 2017, bread was the leading segment in the global market due to focus on consumption of low sugar and low carbohydrates bakery products.
Bakery ingredients are used in a wide range of food items, such as bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. These ingredients are used in bread due to aroma, taste, and conditioning of dough required in bread making. On the other hand, cookies & biscuits are consumed as snacks and are gaining popularity among youth due to its taste, texture, and health benefits. Therefore, this segment witnessed the second highest market share in 2017.

The major players profiled in this report include:
Cargill, Associated British Foods, Kerry Group PLC, Taura Natural Ingredients Limited, Archer Daniels Midland, Aarhuskarlshamn (AAK), Corbion, Dawn Food Products, British Bakels Limited, IFFCO, Lallemand, Puratos Group, Royal DSM, Tate & Lyle, DeutscheBack

The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
Emulsifiers
Flavor and Flavor Enhancers
Sweeteners
Colorants
……

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Baking Ingredients for each application, including-
Bread
Biscuits & Cookies
Cakes & Pastries
Rolls & Pies

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