Bakery Ingredients Market Size (USD 25.2 Billion), Share, Industry Trends & Growth, and Report by 2032

𝐀𝐭𝐭𝐫𝐢𝐛𝐮𝐭𝐞𝐬 𝐚𝐧𝐝 𝐊𝐞𝐲 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐁𝐚𝐤𝐞𝐫𝐲 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

𝐁𝐚𝐬𝐞 𝐘𝐞𝐚𝐫: 2023
𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐘𝐞𝐚𝐫𝐬: 2024-2032
𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐘𝐞𝐚𝐫𝐬: 2018-2023
𝐔𝐧𝐢𝐭𝐬: USD Billion
𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐢𝐧 𝟐𝟎𝟐𝟑: USD 16.6 Billion
𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐢𝐧 𝟐𝟎𝟑𝟐: USD 25.2 Billion
𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐀𝐧𝐧𝐮𝐚𝐥 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐: 4.6%

As indicated in the latest market research report published by IMARC Group, titled "𝐁𝐚𝐤𝐞𝐫𝐲 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞 (𝐄𝐦𝐮𝐥𝐬𝐢𝐟𝐢𝐞𝐫𝐬, 𝐋𝐞𝐚𝐯𝐞𝐧𝐢𝐧𝐠 𝐀𝐠𝐞𝐧𝐭𝐬, 𝐄𝐧𝐳𝐲𝐦𝐞𝐬, 𝐁𝐚𝐤𝐢𝐧𝐠 𝐏𝐨𝐰𝐝𝐞𝐫 & 𝐌𝐢𝐱𝐞𝐬, 𝐎𝐢𝐥𝐬, 𝐅𝐚𝐭𝐬 𝐚𝐧𝐝 𝐒𝐡𝐨𝐫𝐭𝐞𝐧𝐢𝐧𝐠𝐬, 𝐂𝐨𝐥𝐨𝐫𝐬 & 𝐅𝐥𝐚𝐯𝐨𝐫𝐬, 𝐒𝐭𝐚𝐫𝐜𝐡, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 (𝐁𝐫𝐞𝐚𝐝𝐬, 𝐂𝐨𝐨𝐤𝐢𝐞𝐬 & 𝐁𝐢𝐬𝐜𝐮𝐢𝐭𝐬, 𝐑𝐨𝐥𝐥𝐬 & 𝐏𝐢𝐞𝐬, 𝐂𝐚𝐤𝐞𝐬 & 𝐏𝐚𝐬𝐭𝐫𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐄𝐧𝐝 𝐔𝐬𝐞 𝐒𝐞𝐜𝐭𝐨𝐫 (𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥, 𝐅𝐨𝐨𝐝𝐬𝐞𝐫𝐯𝐢𝐜𝐞, 𝐑𝐞𝐭𝐚𝐢𝐥), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐," this report provides an in-depth analysis of the industry, featuring insights into the global bakery ingredients market. It encompasses competitor and regional analyses, as well as recent advancements in the market.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐚𝐤𝐞𝐫𝐲 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 & 𝐅𝐮𝐭𝐮𝐫𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥:

The global bakery ingredients market size was valued 𝐔𝐒𝐃 𝟏𝟔.𝟔 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in 2023. By 2032, this figure is projected to reach around 𝐔𝐒𝐃 𝟐𝟓.𝟐 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, with a compound annual growth rate (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟒.𝟔% over the forecast period (2024-2032).

𝐂𝐨𝐫𝐞 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The global market is primarily driven by the growing demand for convenience foods and ready-to-eat products. The increasing urbanization and rising disposable incomes are encouraging more frequent consumption of bakery items. Moreover, the rising trend of healthier alternatives is driving the demand for organic and gluten-free ingredients. Additionally, advancements in baking technology are enhancing product shelf life and quality, further fueling the market growth.

Furthermore, the increasing popularity of artisanal and specialty bakery products is creating a demand for diverse ingredients. Besides, the expanding food service industry, particularly in developing economies, is contributing to the rise in bakery ingredient consumption. Furthermore, evolving consumer preferences towards innovative flavors and textures are encouraging ingredient manufacturers to develop new products. Moreover, the continuous rise of e-commerce platforms is enhancing the accessibility and availability of a wide range of bakery ingredients.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/bakery-ingredients-market/requestsample

𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The market scope is broadening due to the increased demand for healthier and natural ingredients as consumers seek bakery products that align with their wellness goals. This trend encourages manufacturers to innovate with ingredients, such as plant-based and sugar-reduced options. Another factor broadening the market scope is the rising awareness of sustainable and locally sourced ingredients, which appeals to environmentally conscious consumers.

Additionally, the growing influence of global food trends, such as the increasing demand for ethnic bakery flavors, is opening new avenues for ingredient suppliers. Moreover, the rapid expansion of the retail sector, coupled with the rising penetration of online food shopping, is making bakery products more accessible. The bakery ingredients market also benefits from advancements in food preservation technologies, allowing for longer shelf life without compromising product quality.

𝐀𝐧 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐁𝐚𝐤𝐞𝐫𝐲 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

• Cargill, Koninklijke DSM N.V.
• Kerry Group
• Südzucker
• AAK AB
• Associated British Foods
• Lesaffre
• Tate & Lyle
• Archer Daniels Midland Company
• Ingredion Incorporated
• Corbion
• IFFCO Ingredients Solution
• Taura Natural Ingredients
• Dawn Foods
• Muntons
• British Bakels
• Lallemand
• Novozymes
• Taura Natural Ingredients
• Puratos Group

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐅𝐞𝐚𝐭𝐮𝐫𝐢𝐧𝐠 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/bakery-ingredients-market

𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 & 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞:

• Emulsifiers
• Leavening Agents
• Enzymes
• Baking Powder and Mixes
• Oils, Fats and Shortenings
• Colors and Flavors
• Starch
• Others

According to the report, 𝐛𝐚𝐤𝐢𝐧𝐠 𝐩𝐨𝐰𝐝𝐞𝐫 𝐚𝐧𝐝 𝐦𝐢𝐱𝐞𝐬 has been identified as holding the largest market segment.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

• Breads
• Cookies and Biscuits
• Rolls and Pies
• Cakes and Pastries
• Others

According to the report, 𝐛𝐫𝐞𝐚𝐝𝐬 have been identified as holding the largest market share.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞 𝐒𝐞𝐜𝐭𝐨𝐫:

• Industrial
• Foodservice
• Retail

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

According to the report, the 𝐄𝐮𝐫𝐨𝐩𝐞 region is recognized as having the largest market share.

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• Historical Market Performance
• Future Market Projections
• Impact of COVID-19 on Market Dynamics
• Industry Competitive Analysis (Porter's Five Forces)
• Market Dynamics and Growth Drivers
• SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
• Market Ecosystem and Value Creation Framework
• Competitive Positioning and Benchmarking Strategies

𝐌𝐚𝐣𝐨𝐫 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• This report provides market leaders and new entrants with accurate revenue estimates for the overall global market and its key subsegments.
• Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
• The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.

𝐖𝐡𝐲 𝐂𝐡𝐨𝐨𝐬𝐞 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

• Extensive Industry Expertise
• Robust Research Methodology
• Insightful Data-Driven Analysis
• Precise Forecasting Capabilities
• Established Track Record of Success
• Global Reach with an Extensive Network
• Tailored Solutions to Meet Client Needs
• Commitment to Strong Client Relationships and Focus
• Timely Project Delivery
• Cost-Effective Service Options

𝐍𝐨𝐭𝐞: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬 𝐟𝐨𝐫 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭𝐬, 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.imarcgroup.com/request?type=report&id=1556&flag=C

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: +1 631 791 1145 | Africa and Europe: +44-702-409-7331 | Asia: +91-120-433-0800

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.