Bread Improvers Market: Europe is Projected to Account for the Largest Market Share by 2025
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The enzymes segment, by ingredient, is projected to witness significant growth during the forecast period
Based on ingredient, the bread improvers market is segmented into emulsifiers, enzymes, oxidizing agents, reducing agents, and other ingredients. The enzymes segment is projected to witness the highest growth during the forecast period, as enzymes are used as an additive in the processing of bread is non-detectable, and therefore, the product can be considered as a clean-label product. Furthermore, enzymes act as a catalyst during the process, which reduces the time of processing, resulting in the production of better products.
The breads segment is projected to account for a major share in the bread improvers market during the forecast period
By application, the bread improvers market is segmented into breads, cakes, viennoiseries, and other applications. The breads segment is estimated to account for the major share in the bread improvers market, as bread is a staple food in the major countries in the European region. Also, there is an increasing trend of consuming bread in breakfast and meals in the North American and Asia Pacific regions, which is also helping the growth of this segment. With the rising consumption of bread products, such as pizza, doughnuts, and pies, the other applications segment has shown significant growth during the forecast period.
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Europe is projected to account for the largest market share during the forecast period
In 2018, Europe accounted for the largest market share in the bread improvers market. Snacking trends are witnessed in developed regions, such as Europe, where bread, in the form of sandwiches, burgers, and buns, is consumed. Countries, such as the UK, France, Spain, Italy, and Germany, have been the major contributors to this market due to the higher consumption of bread products. The bakery market is well-established in the European region, as bread forms a part of the daily diet for consumers here. Key manufacturers in this market are focusing on developing innovative products that align with consumer preferences for gluten-free, non-GMO, and low-carb bakery products.
Key players in the market include Lesaffre (France), Puratos Group (Belgium), DuPont (US), Archer Daniels Midland Company (US), and Corbion N.V (Netherlands).
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