Rising Demand for Low Trans-Fat and Gluten-Free Products Drives the Baking Ingredients Market
Request for Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=172589056
Rising demand for low trans-fat and gluten-free products
Consumers are becoming more health-conscious, and their nutritional preferences are changing, leading to a rise in demand for gluten-free and low-carbohydrate products. Food manufacturers now make bakery products that have reduced sodium content and low-saturated fats, with the help of emulsifiers and other additives. A growing trend has also been witnessed with respect to demand for vegetarian and organic bakery products. The demand for gluten-free products has witnessed strong growth in Europe and North America, especially in the U.S., due to awareness about the benefits of gluten-free diets.
Manufacturers in the Asia-Pacific region are expanding their product portfolios owing to the diversified preference and improving living standards of consumers. China, Hong Kong, and Malaysia have witnessed a high growth in demand for bread in the market whereas demand for rice bread is higher in the Japanese market.
The Demand for Bakery Ingredients To Remain Concentrated in the Bread Segment Through 2022
Consumers are increasingly spending on protein-rich products such as cakes, pastries, pizzas, rolls, and donuts. Bakery products are considered staple foods in various regions. In parallel to the increasing consumption of protein-rich bakery products, the demand for bakery ingredients is projected to remain high. Also, bakery outlets focus on developing innovative products, particularly bread of various flavors, to align with the health requirements of consumers. Due to the high demand for bakery products, the bread segment is projected to record significant growth in the market during the forecast period.
Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=172589056
Europe To Hold the Largest Share in the Bakery Ingredients Market During the Forecast Period
In parallel to the increasing number of events, the demand for bakery and confectionery products remains high across regions as a staple food. Retail and bakery outlets focus on aligning with the increasing trend of consuming bakery products as snacks. High demand for bakery products in regions such as Europe has encouraged manufacturers to allocate their budget to a range of bakery ingredients. Due to these factors, Europe is projected to hold the largest share in the bakery ingredients market during the forecast period.
Market players such as Archer Daniels Midland Company (US), Koninklijke DSM N.V. (Netherlands), Cargill, Incorporated (US), BASF SE (Germany), Ingredion Incorporated (US), Roquette Frères (France), SunOpta (Canada), Darling Ingredients Inc. (US), and Omega Protein Corporation (US) have been actively strategizing their growth plans to expand in the bakery ingredients market. These companies have a strong presence in Europe and North America; they also have manufacturing facilities and a strong distribution network across these regions.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Demand for Low Trans-Fat and Gluten-Free Products Drives the Baking Ingredients Market here
News-ID: 1870002 • Views: 354
More Releases from MarketsandMarkets™
Bone Growth Stimulator Market - Industry Share Analysis, Key Players and Future …
The Research Report on "Bone Growth Stimulator Market by Product (Device (Implant, External), Bone Morphogenetic Protein, PRP), Application (Spinal Fusion, Delayed Union, Non-union Bone Fracture, Maxillofacial Surgery), Care Setting (Hospital, Homecare) (2022 - 2026)", is projected to reach USD 1.5 billion by 2026 from USD 1.1 billion in 2021, at a CAGR of 5.8% during the forecast period. Growing patient preference for non-invasive and minimally invasive surgical treatments; The demand for minimally
Growing Demand of Multi-Factor Authentication Market | Size , Share 2022-2026
According to study published by MarketsandMarkets™, "Multi-Factor Authentication Market size projected to grow from USD 11.1 billion in 2021 to USD 23.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=231220047 Browse in-depth TOC on "Multi-Factor Authentication Market by Component (Hardware, Solutions, and Services), Model Type (Two, Three, Four, and Five-Factor), Organization Size, End User (BFSI, Healthcare, Media and Entertainment,
Federated Learning Solutions Market Size, Share 2022-2028 | Rising Demand
According to a new market research report "Federated Learning Market by Application (Drug Discovery, Industrial IoT, Risk Management), Vertical (Healthcare and Life Sciences, BFSI, Manufacturing, Automotive and Transportation, Energy and Utilities) and Region - Global Forecast to 2028" published by MarketsandMarkets™, As per AS-IS scenario, the global federated learning market size to grow from USD 127 million in 2023 to USD 210 million by 2028, at a Compound Annual Growth
Biomarkers Market - Industry Share Analysis, Key Players and Future Prospect
The Research Report on "Biomarkers Market by Product (Consumable, Service), Type (Safety, Efficacy, Validation), Disease (Cancer (Solid & Liquid Biopsy), Neurological), Application (Diagnostics, Drug Discovery & Development, Personalized Medicine) (2022 - 2026)", the global market size was valued at USD 43.1 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2026. Growth Opportunity: Personalized medicine; Biomarkers play a key role in
More Releases for MarketsandMarkets
IoT Professional Services Market worth $149.9 billion by 2026 | MarketsandMarket …
According to a new market research report "IoT Professional Services Market by Service Type (IoT Consulting, IoT Infrastructure, System Designing and Integration), Organization Size, Deployment Type, Application (Smart Buildings, Smart Transport and Logistics), and Region - Global Forecast to 2026" published by MarketsandMarkets™, the market size projected to grow from USD 98.8 billion in 2020 to USD 149.9 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 7.2%
Electric Powertrain Market Insights by 2027| MarketsandMarkets
The Global Electric Powertrain Market size is projected to reach $191.4 billion by 2027, from an estimated $62.9 billion in 2019, at a CAGR of 14.9 %. The electric powertrain market is expected to witness rapid growth due to stringency in emission norms which is pushing automakers to come up with electrified powertrain technologies. Between 2025 and 2030, emission standards would require automakers to reduce CO2 emissions by 15% and
Automotive Interior Market - Global Forecast to 2025 | MarketsandMarkets
According to the new market research report "Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region - Global Forecast to 2025 " Published by MarketsandMarkets™, The global Automotive Interior Market is projected to reach USD 153.8 billion by 2025 from USD 123.2 billion in 2020, at a CAGR of 8.8% during the forecast
Automotive Fuse Market Insights by 2025| MarketsandMarkets
The Automotive Fuse Market is projected to grow at a CAGR of 6.84% during the forecast period, to reach $24.33 Billion by 2025 from $14.33 Billion in 2017. The market is estimated to grow in the near future owing to various factors such as an increase in vehicle production, growing electrification, growing importance of safety & comfort features in mid-segment vehicles which will lead to increase in the number of
Global Connected Car Market by 2025| MarketsandMarkets
According to recent research "Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025", The global connected car market is estimated to be USD 72.89 billion in 2017 and is projected to reach USD 219.21 billion by 2025, at a CAGR of 14.8% from 2017 to 2025.
Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | M …
The report "Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert & Roadside Assistance), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Region, & Aftermarket (Vehicle Type & Region) - Forecast to 2021", The vehicle diagnostics market is projected to reach a market size of USD 30.22 Billion by 2021, growing at a CAGR of 16.79% from 2016 to 2021. Stringent emission norms, the rising demand