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Leavening Agents Market Set to Reach $8.8 Billion by 2029 with 0.0568695704815356% Yearly Growth
What market dynamics are playing a key role in accelerating the growth of the leavening agents market?The leavening agents market is set to flourish, driven by the growing demand for bakery items. These items encompass food products like bread, cakes, cookies among others, that are made from a baked dough or batter. Leavening agents contribute to the baking process by making bakery products rise, resulting in softer and lighter products. For example, in August 2022, the International Dairy Deli Bakery Association (IDDBA), a not-for-profit organization headquartered in the US, reported that bakery sector sales reached around $3.1 billion in June, marking a 9.3% increase on a year-on-year basis. Thus, the burgeoning inclination towards bakery products is fuelling the growth of the leavening agents market.
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How will the growth rate of the leavening agents market shape industry trends by 2034?
The market for leavening agents has seen consistent expansion over the past few years. The market is forecasted to increase from a size of $6.74 billion in 2024 to $7.05 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.6%. Factors contributing to this upward trend during the past period include a greater demand for bakery and confectionery items, a ballooning food processing industry, consumer inclination towards ready-to-eat foods, amplified baked food consumption, rising disposable incomes, and evolving lifestyles.
The market for leavening agents is anticipated to undergo significant expansion in the upcoming years, with predicted growth to $8.8 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 5.7%. This projected expansion during the forecasted period is due to influences such as health and wellness trends affecting baking decisions, the preference for clean label and natural leavening agents, developing markets coupled with heightened urbanization, e-commerce advancements and online retail for baking components, and regulatory endorsement of quality and safety norms. Key trends anticipated during this period involve gluten-free leavening agents, the employment of natural and organic leavening agents, the inclusion of clean label ingredients in baking, their application in artisanal and specialty baking, tailored leavening solutions for diverse products, and the use of microencapsulation technology for regulated release.
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What trends are poised to drive the future success of the leavening agents market?
A primary trend emerging in the leavening agent market is the focus on product innovations. Major firms in this sector are developing and introducing new leavening agents to improve the taste and texture of food items. For instance, Angel Yeast, a manufacturer from China that specializes in yeast extracts for baking, brewing, and seasoning, announced a high-sugar dry yeast product in September 2022. This advancement was designed to solve difficulties faced in baking due to high sugar, salt, and weak organic acids. The new high-sugar dry yeast product from Angel Yeast offers rapid and superior fermentation, particularly when high levels of sugar, salt, and oil typically inhibit yeast fermentation. It also enhances the shelf life of bread and other baked items by offering resistance against weak organic acids.
Which primary segments of the leavening agents market are driving growth and industry transformations?
The leavening agents market covered in this report is segmented -
1) By Form: Biological, Physical, Chemical
2) By Application: Sea Food, Bakery Products, Fried Foods, Wheat Flour, Soy Products
3) By Sales Channel: Direct Sales And Wholesalers, Independent Grocery Retailer, Non-Store Retailers, Other Sales Channels
Subsegments:
1) By Biological: Yeast, Bacterial Cultures
2) By Physical: Steam, Air
3) By Chemical: Baking Soda, Baking Powder, Ammonium Bicarbonate
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Which geographical regions are pioneering growth in the leavening agents market?
North America was the largest region in the leavening agents market in 2024. Asia-Pacific is expected to be the fastest-growing region in the leavening agents market share during the forecast period. The regions covered in the leavening agents market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the leavening agents market landscape?
Major companies operating in the leavening agents market include Kudos Blends Ltd., Puratos Group, Cargill Incorporated, AB Mauri North America, Shandong Sunkeen Co. Ltd., Archer Daniels Midland Company, Associated British Foods (ABF) plc, Corbion N.V., Kerry Group plc, Koninklijke DSM N.V., The Kraft Heinz Company, Novozymes A/S, Stern-Wywiol Gruppe, Lesaffre Yeast Corporation, Lallemand Inc., Angel Yeast Co. Ltd., Oriental Yeast Co. Ltd., Watson Inc., Caravan Ingredients, Bakels Group, AB Vista an AB Agri company, Biorigin, Fazer Group, Kemin Industries Inc., LFI Inc., MGP Ingredients Inc.
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What Is Covered In The Leavening Agents Global Market Report?
•Market Size Forecast: Examine the leavening agents market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the leavening agents market for a structured understanding.
•Key Players Overview: Analyze major players in the leavening agents market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the leavening agents market.
•Segment Contributions: Evaluate how different segments drive overall growth in the leavening agents market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the leavening agents market.
•Industry Challenges: Identify potential risks and obstacles affecting the leavening agents market.
•Competitive Landscape: Review strategic developments in the leavening agents market, including expansions, agreements, and new product launches.
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