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Bakery Ingredients Market: By Ingredients Type, By Application, and Region Forecast 2019-2030
Bakery Ingredients Market was valued at US$ 17.5 billion in 2023 and is poised to grow at a CAGR of 6.1% from 2024-2030. Market food products which improves the quality of the food, improves the shelf-life, and maintains the soft texture, freshness and the taste of the food items that are baked, which includes the bakery products such as pizza, cookie, tarts, pastries, donut etc. The commonly used bakery ingredients include baking soda, butter, honey, eggs, baking powder, color additives etc. The composition of the ingredient plays a major role in determining the texture and flavor of the baked product.
Bakery ingredients have been used since the dawn of time and are now essential because nothing can be baked without them. They come in a wide range of styles, and their preferences may change depending on regional demands. The demand for bakery ingredients has increased as a result of easy access to worldwide information and exposure to a variety of bakery goods. In terms of product offerings, it also has more potential. Bakery ingredients provide a number of advantages, including ease of use, mixing, and availability.
Study Period
2024-2030Base Year
2023CAGR
6.1%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
Increase in the working population and the changing lifestyles are the major factors driving the growth of the bakery ingredients market. The rising population of the working women is leaving them no time to prepare the food which is attracting them towards the bakery food which is replacing the conventional home cooked food.
Furthermore, the consumers preference towards the convenience and packed foods is also likely to enhance the growth of the market. Rise in the disposable incomes in the emerging countries and affordability of the bakery products are expected to fuel the market revenue growth. However, the stringent government regulations are likely to hamper the growth of the market over the forecast period.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 17.5 billion |
Market CAGR |
6.1% |
By Ingredients Type |
|
By Application |
|
By Region |
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The global bakery ingredients market size was valued at US$ 17.5 billion in 2023 and is expected to reach at a CAGR of 6.1% from 2024 to 2030.
The bakery ingredients market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The bakery ingredients market key players are: Cargill Incorporated (U.S), Kerry Group Plc (Ireland), DuPont (U.S), British Bakels Ltd (U.K), Associated British Foods plc (U.K), Dawn Foods Ltd (U.S), DSM (Netherlands)
1.Executive Summary |
2.Global Bakery Ingredients Market Introduction |
2.1.Global Bakery Ingredients Market - Taxonomy |
2.2.Global Bakery Ingredients Market - Definitions |
2.2.1.Ingredients Type |
2.2.2.Application |
2.2.3.Region |
3.Global Bakery Ingredients Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Bakery Ingredients Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Bakery Ingredients Market By Ingredients Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Baking Powders |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Emulsifiers |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Leavening Agents |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Enzymes |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Oils |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Sweeteners |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Colors and Flavors |
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Preservatives |
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
5.9. Yeast |
5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.9.3. Market Opportunity Analysis |
5.10. Leavening Agents |
5.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.10.3. Market Opportunity Analysis |
5.11. Others |
5.11.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.11.3. Market Opportunity Analysis |
6.Global Bakery Ingredients Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Cakes and Pastries |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Breads |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Rolls and Pies |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Biscuits |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7.Global Bakery Ingredients Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Bakery Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Ingredients Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Baking Powders |
8.1.2.Emulsifiers |
8.1.3.Leavening Agents |
8.1.4.Enzymes |
8.1.5.Oils |
8.1.6.Sweeteners |
8.1.7.Colors and Flavors |
8.1.8.Preservatives |
8.1.9.Yeast |
8.1.10.Leavening Agents |
8.1.11.Others |
8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Cakes and Pastries |
8.2.2.Breads |
8.2.3.Rolls and Pies |
8.2.4.Biscuits |
8.2.5.Others |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Bakery Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Ingredients Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Baking Powders |
9.1.2.Emulsifiers |
9.1.3.Leavening Agents |
9.1.4.Enzymes |
9.1.5.Oils |
9.1.6.Sweeteners |
9.1.7.Colors and Flavors |
9.1.8.Preservatives |
9.1.9.Yeast |
9.1.10.Leavening Agents |
9.1.11.Others |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Cakes and Pastries |
9.2.2.Breads |
9.2.3.Rolls and Pies |
9.2.4.Biscuits |
9.2.5.Others |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
10.Asia Pacific (APAC) Bakery Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Ingredients Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Baking Powders |
10.1.2.Emulsifiers |
10.1.3.Leavening Agents |
10.1.4.Enzymes |
10.1.5.Oils |
10.1.6.Sweeteners |
10.1.7.Colors and Flavors |
10.1.8.Preservatives |
10.1.9.Yeast |
10.1.10.Leavening Agents |
10.1.11.Others |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Cakes and Pastries |
10.2.2.Breads |
10.2.3.Rolls and Pies |
10.2.4.Biscuits |
10.2.5.Others |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Bakery Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Ingredients Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Baking Powders |
11.1.2.Emulsifiers |
11.1.3.Leavening Agents |
11.1.4.Enzymes |
11.1.5.Oils |
11.1.6.Sweeteners |
11.1.7.Colors and Flavors |
11.1.8.Preservatives |
11.1.9.Yeast |
11.1.10.Leavening Agents |
11.1.11.Others |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Cakes and Pastries |
11.2.2.Breads |
11.2.3.Rolls and Pies |
11.2.4.Biscuits |
11.2.5.Others |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Bakery Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Ingredients Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Baking Powders |
12.1.2.Emulsifiers |
12.1.3.Leavening Agents |
12.1.4.Enzymes |
12.1.5.Oils |
12.1.6.Sweeteners |
12.1.7.Colors and Flavors |
12.1.8.Preservatives |
12.1.9.Yeast |
12.1.10.Leavening Agents |
12.1.11.Others |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Cakes and Pastries |
12.2.2.Breads |
12.2.3.Rolls and Pies |
12.2.4.Biscuits |
12.2.5.Others |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.Cargill Incorporated (U.S) |
13.2.2.Kerry Group Plc (Ireland) |
13.2.3.DuPont (U.S) |
13.2.4.British Bakels Ltd (U.K) |
13.2.5.Associated British Foods plc (U.K) |
13.2.6.Dawn Foods Ltd (U.S) |
13.2.7.2Morrow Inc. (U.S.) |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players