The global baking
ingredients market is foreseen to grow by 5.6%, from USD 15.83 Billion in 2021 to
USD 24.48 Billion in 2029. Global rise in the consumption of bakery products
and confectionery, fast-paced lifestyles of consumers, and changing consumption
patterns are some of the factors driving the market for the estimated forecast
period. However, stringent regulations and international quality standards, and health
issues due to excess consumption of trans-fatty acids is seen to hamper the
market growth for the estimated period.
Market Definition
What is Baking Ingredients
Market?
Baking
ingredients include flour, and leavening agents, among others which are the
ingredients primarily for most bakery products. Emulsifiers, enzymes, starch,
shortening, are effective in modifying these qualities, and various minor
ingredients may also be used.
Market Overview
The
baking ingredients market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the Baking Ingredients market offers valuable
perspicuity and a current scenario for making the right decision. The research
study covers the eminent players in the market with a detailed analysis of the
company and a financial overview containing their net sales, business mix, and
geographical reach It mainly focuses on the key developments of the
products/services offered by the company in recent years. Besides, we at
Zettabyte have the expertise to analyses the global Baking Ingredients market player's
competitive landscape helping the client comprehend their specific strategic
growth approaches.
Baking
Ingredients Market study by "Zettabyte Analytics" offers details
about the market scope, market segmentation, and technological advancement in the Baking
Ingredients market and highlights the optimistic, competitive landscape and
trends enduring over the years.
Major players in
the Baking Ingredients market include Aak AB, Archer
Danie, Aryzta Ag, Associated British Foods PIC, Bread Talk Co. Ltd, Britannia
Industries Ltd., British Bake, Cargill, Corbion, Dawn Foods P, Dupont, Finsbury
Food Group, Flowers Foods Inc, General Mills Inc., George Weston Ltd., Goodman
Fielder., Grupo Bimbo S.A.B. De C.V., Hostess Brands Llc., IFFCO, Internationa,
Koninklijke Dsm N.V, Lesaffre, Mckee Foods Corporation, Mondelez
International., Monginis Foods Pvt. Ltd, Nestle S.A., Shangai Christine
Foodstuff Co. Ltd, Tate & Lyle, Tiger Brands Company, Uniferm Gmbh &
Co., Yamazaki Baking Co., Ltd.
COVID-19 Impact on Global Baking
Ingredients Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the baking ingredients market
has forced companies to change their sourcing, pricing, and promotion
strategies. The baking ingredients market players are seen focusing more on
optimizing the E-commerce networks with the rising innovations in the digital
sector, which are creating new business models for the food and beverage
industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics, and baking ingredients market
future markets are analyzed to understand their impact on demand for the
forecast period. Growth rates have been estimated using correlation, regression, and time-series analysis.
Market Segmentation
For the purpose
of this report, the global Baking Ingredients market is segmented on the basis of type,
form, application, and region:
Type
|
Emulsifiers
|
Enzymes
|
Starch
|
Fiber
|
Oils, fats, and
shortenings
|
Baking powder and mixes
|
Preservatives
|
Colors & flavors
|
Leavening agents
|
Others
|
|
|
Form
|
Dry
|
Liquid
|
|
|
End-use
|
Bread
|
Cookies &
Biscuits
|
Cakes &
Pastries
|
Rolls & Pies
|
Others
|
Type Outlook:
On the basis of
type, the market is segmented into emulsifiers, enzymes, starch, fiber, oils,
fats, and shortenings, baking powder and mixes, preservatives, colors &
flavors leavening agents, others.
Figure 1 Baking Ingredients Market By Type (Market
Size And Forecast By Value USD Million, 2021 & 2029)

Form Outlook:
On the basis of
form, the market is segmented into dry, liquid.
Figure 2 Form Outlook (Revenue, USD Million,
2021)