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Bread Improvers Market: Europe is Projected to Account for the Largest Market Share by 2025

11-27-2020 11:38 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

According to MarketsandMarkets, the bread improvers market is estimated to be valued at USD 3.3 billion in 2019 and is projected to reach USD 4.7 billion by 2025, recording a CAGR of 5.7%, in terms of value. The increasing demand for convenience foods, such as bread and bread products, is driving the market for bread improvers, globally.

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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).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

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.

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