The Baking Ingredients Market is estimated at USD 16.6 billion in 2022 and is projected to reach USD 22.3 billion by 2028, at a CAGR of 6% from 2022 to 2028. Bakery ingredients are foods that help maintain freshness, tenderness, and taste improved shelf-life; Increase the protein content of baked goods. This item is available in a variety of varieties on the market and is considered a staple of human nutrition worldwide. The choice of ingredients and composition determines the flavor and texture of baked goods. The demand for products such as bread and biscuits is growing at a significant rate and is expected to provide lucrative growth opportunities for the growth of the global ingredients market over the forecast period. In mature markets in North America and Europe, the demand for healthy bakery ingredients is growing significantly.
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Company Profile
Key participants in the baking ingredients market such as Cargill (U.S.), Archer Daniels Midland Company (U.S.), Associated British Foods plc (U.K.), Koninklijke DSM N.V. (The Netherlands), Kerry Group plc (Ireland), and AAK AB (Sweden). Other players include British Bakels (U.K.), Corbion (the Netherlands), IFF (US), and Dawn Food Products, Inc. (U.S.).
Market Segmentation
By Type
- Emulsifiers
- Enzymes
- Starch
- Fiber
- Oils, fats, and shortenings
- Baking powder and mixes
- Preservatives
- Colors & flavors
- Leavening agents
By application
- Bread
- Sweet Bakery
By form
- Dry
- LIquid
Scope of the Report
The research study analyzes the Baking Ingredients Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Baking Ingredients Market Report
- What was the Baking Ingredients Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Baking Ingredients Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Baking Ingredients Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Baking Ingredients market.
- The market share of the Baking Ingredients market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Baking Ingredients market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Baking Ingredients market.
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