Frozen Bakery Additives Market Share, Size & Industry Analysis Report, 2020-2027
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Frozen Bakery Additives Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The factors stimulating the growth of the global frozen bakery additives market are the increasing demand for processed foods integrated with the growing demand for improved quality nutritional products. Additionally, the growing concern towards energy-efficient and waste minimization methods in food processing will fuel the demand for food additives worldwide. Consumers' preference for convenience food and bakery products, and the accessibility of frozen bakery products at reasonable prices, will propel the global frozen bakery additives market.
The augmenting use of these additives in different frozen bakery products will strengthen the frozen bakery additives market size. Moreover, growing health awareness among consumers will bolster the growth of the global frozen bakery additives market. Leading players are investing in R & D activities for strengthening the frozen bakery additives technology, which will further create more opportunities. However, controlled temperature and PH operational range at the time of processing are the major factors hampering the global frozen bakery additives market.
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Application Segment Drivers
Based on the Application, the frozen bread segment is expected to lead the market over the forecast period owing to the boosting demand for multigrain and gluten-free bread guided by the expanding health awareness among consumers.
On the basis of region, Europe is projected to dominate the market over the forecast period because of the rising standard of living of people coupled with the increasing preference towards processed foods among consumers. Additionally, the increasing disposable income and growing health consciousness among the population will strengthen the market growth in this region. On the other edge, the Asia-Pacific is anticipated to expand at a faster CAGR over the coming years due to people's varying food habits and the adoption of western food culture in this region.
Frozen Bakery Additives Market’s leading Manufacturers:
• Palsgaard A/S
• Lasenor Emul S.L.
• Jungbunzlauer AG
• David Michael & Co.
• Archer Daniels Midland Co.
• Lonza Group Ltd.
• Kerry Group
• Dupont De Nemours & Company
• Cargill Inc.
• Associated British Foods Plc
Frozen Bakery Additives Market Segmentation:
Segmentation by Product Type:
• Color & Flavor
• Oxidizing Agent
• Reducing Agent
Segmentation by Application:
• Frozen Pizza Crust
• Frozen Cakes
• Frozen Pastry
• Frozen Bread
Segmentation by Region:
• North America
o United States of America
• Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
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About GMI Research
GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.
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