Food and Beverages
Global Bakery Ingredients Market was valued at USD 8150 Million in the year 2017. Global Bakery Ingredients Market is further estimated to grow at a CAGR of 5.7% from 2018 to reach USD 11366 Million by the year 2023. Bakery ingredients are the food products responsible to maintain the freshness, softness, & taste; improve shelf life; and increase the protein content in the baked items. These items are available in different varieties in the market and are considered as the basic food for human nutrition globally.
The global Bakery Ingredients Market is segmented on the basis of technology, by application, and by region. On the basis of technology the market is segmented as Emulsifiers, Leavening Agents, Enzymes, Baking Powder & Mixes, Oils, Fats, and Shortenings, Colors & Flavors, Starch and others of which Baking Powder & Mixes segment is expected to hold the highest market share during the forecast period.
On the basis of application, the market is segmented as Bread, Cookies & Biscuits, Rolls & Pies, Cakes & Pastries, and Others in which bread segment holds the highest market share in the forecasted period and are expected to grow with highest CAGR
The European region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level China, India, and Japan are the major markets in the Asia Pacific region and holds a substantial market share in 2017 and it is projected to grow at a gradual pace in the coming years. High per capita consumption of bread was one of the major factors driving the baking ingredients market in this region.
Changing Consumer Lifestyles Increase the Demand for Convenience Foods.
Consumer preferences for healthier bakery products.
Replacement of baked products with cereals
Stringent regulations and international quality standards.
Demand for Healthier Baked Goods in Emerging Markets.
Growth of Frozen Bakery Products Market
Impact of European Crisis on Consumer Spending In Baked Goods Category.
Health Issues Due to Excess Consumption of Trans Fatty Acids
Some of the key players in the global Bakery Ingredients Market are Cargill (U.S), Koninklijke DSM N.V. (the Netherlands), Kerry Group PLC (Ireland) and Associated British Foods PLC (U.K.). The other players in the value chain include AAK AB, Tate & Lyle, Archer Daniels Midland Company, E. I. Du Pont De Nemours and Company, Lallemand, Inc. and Dawn Food Products, Inc.
Key Benefits for Stakeholders
Bakery Ingredients manufacturers
Bakery associations and industry bodies
Raw material distributors and suppliers
Government agencies, authorities, and Research organization
Baking Powder & Mixes
Oils, Fats, and Shortenings
Colors & Flavors
Cookies & Biscuits
Rolls & Pies
Cakes & Pastries
Key Market Players
Koninklijke DSM N.V.
Kerry Group PLC
Associated British Foods PLC
Tate & Lyle
Archer Daniels Midland Company
E. I. Du Pont De Nemours and Company
Dawn Food Products, Inc.
(Another brief information of 10 companies will be provided in a report.)
Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –
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1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
18.104.22.168. Key Data from Secondary Research
2.1.2. Primary Research
22.214.171.124. Key Data from Primary Research
126.96.36.199. Breakdowns of Primary Interviews
2.2. Market Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
3. Executive Summary
4. Market Overview
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Global Bakery Ingredients Market, By Technology
6.2 Leavening Agents
6.4 Baking Powder & Mixes
6.5 Oils, Fats, and Shortenings
6.6 Colors & Flavors
7. Global Bakery Ingredients Market, By Applications
7.2 Cookies & Biscuits
7.3 Rolls & Pies
7.4 Cakes & Pastries
8. Geographical Analysis
8.2. North America
8.4. Asia Pacific
8.4.1. South Korea
8.4.4. South Korea
8.5.1. Latin America
8.5.2. Middle East and Africa
9. Company Profiles
(Business Overview, Financial Overview, Product write Up, Recent Developments)
9.2 Koninklijke DSM N.V.
9.3 Kerry Group PLC
9.4 AAK AB
9.5 Associated British Foods PLC
9.6 Tate & Lyle
9.7 Archer Daniels Midland Company
9.8 E. I. Du Pont De Nemours and Company
9.9 Lallemand, Inc.
9.10 Dawn Food Products, Inc.
(Another brief information of 10 companies will be provided in the report.)
10. Competitive Analysis
10.2. Market Positioning of Key Players
10.3 Competitive Strategies Adopted by Leading Players
10.3.1. Investments & Expansions
10.3.2. New Product Launches
10.3.3. Mergers & Acquisitions
10.3.4. Agreements, Joint Ventures, and Partnerships
11.2. Available Customizations
11.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)
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