Press release
Functional Bakery Ingredients Market Expected to Reach USD 3.04 Billion by 2034, Growing at a CAGR of 6.5%
Polaris Market Research Releases New Report on Functional Bakery Ingredients Market Forecast Through 2034According to the study, the global functional bakery ingredients market was valued at USD 1.61 billion in 2024 and is projected to reach USD 3.04 billion by 2034, growing at a CAGR of 6.5% during the forecast period.
Overview: Functional Bakery Ingredients:
Functional bakery ingredients are specialized additives used in baked goods to provide health benefits beyond basic nutrition or to improve product quality. These ingredients include fibers, proteins, vitamins, enzymes, emulsifiers, and fortifying agents that enhance the nutritional profile, texture, shelf life, or processing performance of bakery items. They cater to growing consumer demand for healthier, clean-label, and allergen-free products, supporting wellness trends and dietary needs such as gluten-free or high-protein options.
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What is Driving the Market Growth?
Rising Health Awareness:
A key driver is the increasing consumer focus on health and wellness. As awareness grows about the connection between diet and overall well-being, more consumers are actively seeking baked goods that go beyond basic nutrition. This has led to a surge in demand for products enriched with added nutrients, such as fiber, protein, vitamins, and minerals, that support specific health goals and dietary needs.
Increasing Incidence of Food Allergies and Intolerances:
The rising incidence of food allergies and intolerances globally is driving increased demand for functional bakery ingredients. Health conditions such as lactose intolerance, celiac disease, and nut allergies have created a strong need for specialized baked goods that are free from common allergens, prompting manufacturers to develop safer, allergy-friendly alternatives.
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Top Companies:
The competitive landscape remains dynamic, marked by ongoing innovation and strategic partnerships. Here are some of the top companies operating in the functional bakery ingredients market:
• AAK AB
• AB Mauri (Associated British Foods plc)
• Archer Daniels Midland Company (ADM)
• Cargill, Incorporated
• Corbion
• DSM-Firmenich (formerly Royal DSM N.V.)
• Ingredion Incorporated
• Kerry Group plc
• Lesaffre
• Puratos
• Tate & Lyle PLC
Functional Bakery Ingredients Market Industry Developments:
• October 2024: Crespel & Deiters Group, a specialist in wheat-based ingredients, unveiled Lory Starch Elara, an innovative wheat starch designed to enhance the nutritional profile of baked goods such as pizza, pasta, burger buns, and cookies. The product increases fiber content while reducing carbohydrate levels.
• May 2024: ADM launched ADMbuydirect.com, a new online platform aimed at simplifying and streamlining the ingredient purchasing process for food producers across the United States.
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https://www.polarismarketresearch.com/industry-analysis/functional-bakery-ingredients-market
Geographical Analysis:
● In 2024, North America held 31% of the global market share, driven by a robust consumer focus on health and wellness.
● The Asia Pacific market is rapidly expanding, fueled by growing urbanization, shifting dietary preferences, and increasing disposable incomes.
Market Segmentation:
By Application Outlook
● Bread Products
● Cakes & Pastries
● Cookies & Biscuits
● Others
By Ingredients Outlook
● Encapsulates
● Dough Conditioners
● Enrichments
● Delivery Systems
● Tablets
● Others
By Functionality Outlook
● Texture & Dough Improvement
● Nutritional Fortification
● Shelf-Life Extension
● Flavor & Aroma Enhancement
● Color Enhancement
● Others
By Regional Outlook:
● North America
○ U.S.
○ Canada
● Europe
○ Germany
○ UK
○ France
○ Italy
○ Spain
○ Russia
○ Netherlands
● Asia Pacific
○ China
○ India
○ Japan
○ South Korea
○ Indonesia
○ Malaysia
● Latin America
○ Argentina
○ Brazil
○ Mexico
● Middle East & Africa
○ UAE
○ Saudi Arabia
○ Israel
○ South Africa
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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