Bakery ingredients Market 2017: Global Industry Analysis and Opportunity Assessment, Forecast to 2023

Market Synopsis of Bakery ingredients market 

Market Definition

Bakery ingredients are used in the preparation of bakery products. They hold a dominant position in improving the quality of baked products along with its longevity. Most commonly used bakery ingredients include an emulsifier, enzymes, starch, baking powder and mixes, colors & flavors, oil, fats & shortenings, and others. Each ingredient holds a significant role and functionality in preparation of bakery products. They offer several advantages such as reduced costs, increase protein content, volume enhancement, texture, color, and flavor enhancement.

Market Scenario        
Bakery ingredients are used in the preparation of bakery products including cookies & biscuits, bread, rolls & pies, cakes & pastries, and others. Changing lifestyle followed by growing consumption of convenience products is driving the growth of the global bakery ingredients market. Moreover, rising demand for bakery products is boosting the growth of the bakery ingredients market.

Increasing concern about obesity and inclination towards healthy diet is influencing innovation in bakery ingredients for low trans fats and gluten-free products. Continuous development of the packaging material and increased product diversification in the bakery industry is supporting the growth of the market. However, growing substitutes of bakery products may hamper the market growth.

Key Findings

Demand for natural ingredient bakery products is growing rapidly
Rolls and pies have gained huge popularity in the U.S. and western countries of Europe.
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