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Unveiling the Dough Conditioners Market Key Player Analysis - Cargill Incorporated, Archer-Daniels-Midland Company, Associated British Foods PLC, Koninklijke DSM N.V
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Dough Conditioners Global Market Report 2023 identifies the rising demand for bakery products is the major driver for the dough conditioners market's growth in the forecast period. Bakery products are a broad category of foods usually prepared and baked in a bakery. Dough conditioners benefit bakery products by improving dough handling, boosting strength and structure, lengthening freshness and shelf life, maintaining a consistent quality and uniform appearance, having a higher tolerance to processing conditions, and optimizing dough performance. For instance, in April 2023, according to the Government of Canada, total global retail sales of baked products were $407.2 billion in 2021, rising to $425.7 billion in 2022, and predicted to rise to $518.9 billion in 2026
The global dough conditioners market is expected to grow from $4.09 billion in 2022 to $4.29 billion in 2023 at a compound annual growth rate (CAGR) of 4.78%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The dough conditioners market is expected to reach $5.24 billion in 2027 at a CAGR of 5.12%.
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Major competitors in the dough conditioners market are Cargill Incorporated, Archer-Daniels-Midland Company, Associated British Foods PLC, Koninklijke DSM N.V., Kerry Group PLC, Glanbia Nutritionals Inc, DuPont Nutrition & Biosciences, Lesaffre Corporation, Azelis Group.
A key trend in the dough conditioners market includes product innovation. Major companies operating in the dough conditioner market are focused on innovative products to strengthen their position in the market. For instance, in August 2021, Corbion, a Netherlands-based company that manufactures food products, introduced a pristine range with a new consumer-friendly dough-strengthening solution.
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The global dough conditioners market is segmented -
1) By Types: Enzymes, Emulsifiers, Oxidizing Agents, Reducing Agents, Others Types
2) By Form: Powder, Liquid, Semi-Liquid, Granular
3) By Applications: Bread, Rolls And Buns, Pastries And Cakes, Pizza Crust, Tortillas, Other Applications
4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the dough conditioners market
The Business Research Company's "Global Dough Conditioners Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Dough Conditioners Market Include:
1. Executive Summary
2. Dough Conditioners Market Characteristic
3. Dough Conditioners Market Trends And Strategies
4. Dough Conditioners Market - Macro Economic Scenario
5. Dough Conditioners Market Size And Growth
……………
27. Dough Conditioners Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dough Conditioners Market
29. Dough Conditioners Market Future Outlook And Potential Analysis
30. Appendix
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