𝐁𝐚𝐤𝐞𝐫𝐲 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐫𝐨𝐰𝐭𝐡 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

According to a new report published by Allied Market Research, titled, "Bakery Ingredients Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030," The global bakery ingredients market size was valued at $12,960.0 million in 2020, and is projected to reach $22,592.6 million by 2030, registering a CAGR of 5.6% from 2021 to 2030.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲:  https://www.alliedmarketresearch.com/request-sample/2366

Bakery ingredients are the building blocks of finished bakery foods such as bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. Increase in trend of healthy eating and rise preference for convenience food are the primary factors boosting the growth of the market. Prominent players and large corporates are developing their products to follow the consumer trends and boost the company growth to occupy major bakery ingredients market share.

However, inclination toward healthier cereals, such as oats, as compared to baked products and stringent regulations on the ingredients used in baked food products & international quality standards hamper the bakery ingredients market growth.

Nevertheless, increase in popularity of frozen baked foods along with efforts of the key players to innovate & manufacture healthier food items, reduced production costs, and increased shelf life of products are anticipated to provide lucrative opportunities to the market players operating in the bakery ingredients market.

𝐆𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝: https://www.alliedmarketresearch.com/request-for-customization/2366

𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

According to the bakery ingredients market analysis, the bakery ingredients market is segmented on the basis of type, the market is divided into enzymes, starch, fiber, colors, flavors, emulsifiers, antimicrobials, fats, dry baking mix, and others. On the basis of application, it is fragmented into bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. Region wise, the bakery ingredients market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, United Arab Emirates, South Africa, Saudi Arabia and rest of LAMEA). 

According to the bakery ingredients market trends, the dry baking mix segment dominated the global market with around 18.4% share of the overall revenue in 2020. The fiber segment is expected to witness significant growth during the forecast period, owing to its associated health benefits such as healthy gut and weight management.

𝐁𝐲 𝐓𝐲𝐩𝐞

● Enzymes
● Starch
● Fiber
● Colors
● Flavors
● Emulsifiers
● Antimicrobials
● Fats
● Dry baking mix
● Others

𝗧𝗮𝗹𝗸 𝘁𝗼 𝗼𝘂𝗿 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.alliedmarketresearch.com/connect-to-analyst/2366

The enzymes segment is expected to grow at a significant CAGR during the forecast period, as enzymes serve as an ideal alternative to potassium bromate, which is banned in regions such as European Union, Canada, Brazil, Argentina, Peru, India, China, South Korea, and Sri Lanka.

North America and Europe accounted around 67.8% share of the bakery ingredients market in 2020, owing to the presence of different varieties and large-scale consumption of bakery ingredients. Rise in disposable income, increase in urbanization, and shift in trend toward Western-style diet boost the growth of the bakery industry in the Asia-Pacific.

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

● Bread
● Rolls & Pies
● Cakes & Pastries
● Others

𝐁𝐲 𝐓𝐲𝐩𝐞

● Enzymes
● Starch
● Fiber
● Colors
● Flavors
● Emulsifiers
● Antimicrobials
● Fats
● Dry baking mix
● Others

Players in the bakery ingredients market have adopted business expansion and product launch as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the bakery ingredients industry.

𝗧𝗵𝗲 𝗸𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗶𝗻𝗰𝗹𝘂𝗱𝗲:

➤Archer-Daniels-Midland Company
➤Associated British Foods Plc.
➤Cargill Incorporated
➤E. I. Du Pont De Nemours and Company
➤Ingredion Incorporated
➤Kerry Group, Plc.
➤Koninklijke DSM N.V.
➤Dawn Food Products, Inc.
➤Bakels Group
➤Lallemand Inc.

𝗧𝗵𝗲 𝗼𝘁𝗵𝗲𝗿 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘃𝗮𝗹𝘂𝗲 𝗰𝗵𝗮𝗶𝗻 𝗶𝗻𝗰𝗹𝘂𝗱𝗲:

➤Sdzucker
➤Taura Natural Ingredients Ltd.
➤AAK AB
➤Tate & Lyle PLC
➤Corbion N.V.
➤IFFCO Corporate
➤CSM Bakery Solutions
➤Novozymes
➤Puratos Group

𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.alliedmarketresearch.com/checkout-final/5430b60686289f4415d953b511a6b28e

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲:

➡The global bakery ingredients market size was valued at $12,960.0 million in 2020, and is projected to reach $22,592.6 million by 2030, registering a CAGR of 5.6% from 2021 to 2030.

➡By type, the dry baking mix was the highest contributor to the market, with $2,392.6 million in 2020, and is estimated to reach $4,286.9 million by 2030, at a CAGR of 5.9% during the forecast period.

➡By application, the bread segment was the highest contributor to the market, with $8,945.8 million in 2020, and is estimated to reach $15,400.6 million by 2030, at a CAGR of 5.5% during the forecast period.

➡By region, Europe was the highest revenue contributor, accounting for $5,094.6 million in 2020, and is estimated to reach $8,607.0 million by 2030, with a CAGR of 5.3%.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

🔹Dried Spices Market- https://www.openpr.com/news/3485712/at-a-cagr-of-4-6-dried-spices-market-achieve-16-6-bn-by-2032

🔹Pork Jerky Market- https://www.openpr.com/news/3485611/pork-jerky-market-to-generate-1-4-billion-by-2031

🔹Nutritional Analysis Market- https://www.einpresswire.com/article/709198945/nutritional-analysis-market-to-cross-8-2-bn-by-2031

🔹Coffee franchise Market- https://www.openpr.com/news/3484864/coffee-franchise-market-to-reach-200-3-billion-by-2031-at-8-3

🔹Birch Water Market- https://www.einpresswire.com/article/709214863/birch-water-market-to-hit-2-4-bn-by-2031-grows-at-a-cagr-of-7-2

🔹Baked Chips Market- https://www.einpresswire.com/article/709196007/baked-chips-market-hits-10-9-bn-by-2031-detailed-analysis-of-market-trends-market-size-drivers-opportunities

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𝗔𝗯𝗼𝘂𝘁 𝗨𝘀

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.