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Chemical Leavening Agents Market Size 2024 to 2031.

04-06-2024 12:56 PM CET | Chemicals & Materials

Press release from: Report Prime

Market Overview and Report Coverage

Chemical leavening agents are substances used in baking to help dough rise and become lighter and softer. They work by generating carbon dioxide gas, which creates air pockets in the dough, resulting in a more airy texture. Common chemical leavening agents include baking powder, baking soda, and cream of tartar.
The future outlook for the Chemical Leavening Agents Market is promising, with a projected growth rate of 8.40% during the forecasted period. This can be attributed to the increasing demand for convenience foods, baked goods, and ready-to-eat products across the globe. The rise in disposable income and changing lifestyles of consumers are also driving the market growth.
Moreover, the growing trend of clean-label products and increasing awareness about the harmful effects of artificial additives in food products are expected to fuel the demand for natural and organic chemical leavening agents in the coming years. Manufacturers are focusing on developing innovative products with clean and sustainable ingredients to cater to this demand.
Overall, the Chemical Leavening Agents Market is poised for steady growth in the near future, driven by factors such as changing consumer preferences, technological advancements, and increasing food consumption trends worldwide.

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Market Segmentation
The Chemical Leavening Agents Market Analysis by types is segmented into:
• Organic
• General

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Chemical leavening agents can be classified into two main types: organic and general market. Organic leavening agents are made from natural, non-genetically modified ingredients, catering to consumers seeking healthier and environmentally-friendly options. On the other hand, general market leavening agents are widely available and commonly used in a variety of baked goods due to their effectiveness and cost efficiency. Both types of leavening agents play a crucial role in helping dough rise and create light, fluffy textures in baked products.

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The Chemical Leavening Agents Market Industry Research by Application is segmented into:
• Bakery
• Confectionery
• Savoury Biscuits & Crackers
• Food Products - Other

Chemical leavening agents are widely used in various food applications such as bakery, confectionery, savoury biscuits & crackers, and other food products. In the bakery industry, they are used to create light and fluffy textures in cakes, bread, and pastries. In confectionery, they help in producing soft and aerated candies and chocolates. Savoury biscuits & crackers rely on chemical leavening agents for their crispy and crunchy texture. These agents are also used in a variety of other food products to enhance their texture and appearance.

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In terms of Region, the Chemical Leavening Agents Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Chemical Leavening Agents market?
Emerging trends in the global chemical leavening agents market include the increasing demand for clean label and natural ingredients, as consumers prioritize healthier and more transparent food products. Additionally, the growing popularity of convenience foods and baked goods is driving the market for chemical leavening agents. Manufacturers are also focusing on developing innovative formulations and applications to cater to changing consumer preferences. Furthermore, stringent regulations on food safety and quality are pushing companies to invest in research and development to ensure compliance. Sustainability and environmental concerns are also influencing product development and packaging in the chemical leavening agents market.

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Major Market Players
Some of the key players in the chemical leavening agents market include companies such as Kerry Group, AB Enzymes, PGP International, Vertellus Holdings LLC, Solvay S.A, and Corbion N.V. These companies have a strong presence in the market and offer a wide range of products for various applications.
Kerry Group is a global leader in taste and nutrition solutions, including leavening agents. The company has a strong history of innovation and has continued to grow its market share through strategic acquisitions and product development. Kerry Group's sales revenue for leavening agents is estimated to be around $2.5 billion.
Solvay S.A. is another prominent player in the chemical leavening agents market, offering a range of products such as activated carbon and ethylcellulose. The company has a strong global presence and is known for its high-quality products and customer service. Solvay's sales revenue for leavening agents is estimated to be around $3.1 billion.
Corbion N.V. is a leading supplier of phosphorus chemicals and other leavening agents. The company has a strong market position and is known for its focus on sustainability and innovation. Corbion's sales revenue for leavening agents is estimated to be around $1.8 billion.
Overall, the chemical leavening agents market is expected to continue growing in the coming years, driven by increasing demand for convenience foods and baked goods. Key players in the market are likely to focus on product innovation and expansion to capitalize on these opportunities.

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