Bread Improvers Market Size, Competitive Overview, COVID-19 Impact Analysis and Forecast

The Bread Improvers market size was valued at $907.7 million in 2018 and is projected to reach $1,474.2 million by 2026, growing at a CAGR of 6.2% from 2019 to 2026. Europe is one of the prominent regions in the market that solely accounted for approximately 38.45% of the total Bread Improvers market share in 2018.

A Bread Improvers is a consistent, balanced amalgamation of baking ingredients, which are combined in an appropriate formula. Bread Improvershelps to control the uncertainties within the bread production process, such as humidity, temperature, and flour. In addition, it helps to achieve optimal freshness, increases volume of baked products, and extendsshelflife of baked products.

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The global demand for Bread Improvers market is expected to increase due tothe growing demand for organic bakery products from not only the developed regions but also developing countries. For this reason, manufacturers have developed several baking organic ingredients including Bread Improvers.Furthermore, growing demand by bakers has also generated a positive impact for Bread Improvers.This in turn has led to a positive growth aspect for bread enhancers and has created a surge in the Bread Improvers market. However, stringent regulations related tobakery products is anticipated to hinder the growth of the market during the forecast period.

The key players in the global Bread Improversindustry include Agropur Dairy Cooperative, Associated British Foods, Royal DSM N.V., Lesaffre, Riken Vitamin Co., Ltd., Bakels Sweden, Oy Karl Fazer Ab., Corbion N.V., Puratos, and Laucke Flour Mills.

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Key findings of the study

Depending on form, the powder segment accounted for the highest Bread Improvers market share in 2018 and is estimated to grow at a CAGR of 6%.
On the basis of type, the inorganic segment accounted for about 85% of the market share in 2018. However, the organic Bread Improvers segment is expected to grow at a CAGR of 9.30% during the forecast period.
By application, the bread segment accounted for about 72% of the market share in 2018. However, the viennoiserie segment is expected to grow fastest at a CAGR of 7.4% during theBread Improvers market forecast period.
Region wise, Asia-Pacific accounted for about 21% of the market by share and is expected to grow at a CAGR of 7.8%.

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