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Global Bakery Ingredients Market || Koninklijke DSM N.V., Kerry Group Plc, Archer Daniels midland company, E. I. Du Pont De Nemours and company, Taura Natural Ingredients Limited.

02-18-2021 12:22 PM CET | Energy & Environment

Press release from: Prophecy Market Insights

PROPHECY MARKET INSIGHTS

PROPHECY MARKET INSIGHTS

Bakery ingredients are utilized in the bakery industry for various qualitative purposes. These ingredients are used around the world for the development and manufacturing of sustainable bakery products. Bakery ingredients are food products that help to maintain freshness, softness, & taste. Further, the bakery ingredients also improve shelf life and increases the protein content in the baked items. These ingredients are available in different varieties in the market and are considered as the basic food for human nutrition globally.

Increasing consumption rate in the categories of cakes, pastries, pies, scones, bread, biscuits, and cereals owing to busy lifestyle and change in dietary habits fosters the global bakery ingredients market. Further growing awareness regarding nutrition content and increasing disposable income are the major driving factors that are likely to fuel the expansion of global bakery ingredients market over the forecast period. In addition, rapid rise in obesity rates and rise in fitness-related concerns, ready-to-eat food and growth in demand for low trans – fat & gluten-free products are expected to fuel the demand for healthy bakery food products. Moreover, the shift of convenience food from the conventional home cooked food has also increased the demand of bakery ingredients market. However, growing trend of replacing baked products with cereals, such as oats, popcorn, millets, multi grain bread etc. are expected to hamper the growth of the global bakery ingredients market. Furthermore, stringent regulations and implementation of international quality standards restrains the global bakery ingredients market growth.

Global bakery ingredients market has been segmented on the basis of type, application, and region. On the basis of type, the global bakery ingredients market is segmented into enzymes, starch, fiber, colors, flavors, emulsifiers, antimicrobials, fats, dry baking mix, and others. On the basis of application, global bakery ingredients market is segmented into bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. On the basis of region, global bakery ingredients market is segmented across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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North America is expected to hold maximum share in the market for bakery ingredients. This can be attributed to increasing demand for packaged foods along with increasing health-conscious population. Asia-Pacific is estimated to have fastest growth overall the globe in the global bakery ingredients market. Owing to growing population in China and India along with increasing disposable incomes, are the major markets for the baked goods, and bakery ingredients. In Europe the demand for bakery ingredients exhibiting positive health benefits, which consists less or negligible artificial constituents is increasing massively.

Key players operating in the global bakery ingredients market includes Koninklijke DSM N.V., Kerry Group Plc, Archer Daniels midland company, E. I. Du Pont De Nemours and company, Taura Natural Ingredients Limited, Dawn Food Products Inc., Corbion and British Bakels, Ingredion Incorporated, Novozymes and Puratos Group, and Crust ‘n’ Crumb Food Ingredients Pvt. Ltd.

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Mr Alex (Sales Manager)
Prophecy Market Insights
Phone: +91 777 504 9802
+1 860 531 2701
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Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

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