Bakery Ingredients Market: By Ingredients Type, By Application, and Geography  

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Bakery Ingredients Market Size, Share, Growth, Trends, and Global Industry Analysis: By Ingredients Type (Baking Powders, Emulsifiers, Leavening Agents, Enzymes, Oils, Sweeteners, Colors and Flavors, Preservatives, Yeast, Leavening Agents, Others), By Application (Cakes and Pastries, Breads, Rolls and Pies, Biscuits, Others), and Region  

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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.

Key Developments

  • In February 2018, DuPont has announced the launch of its PowerBake 6000 product which is based on a new enzyme that acts as a strengthening solution, adding tolerance and consistency in bread and buns.

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Bakery Ingredients Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.1%

Largest Market

North America

Fastest Growing Market

Asia-Pacific

Bakery Ingredients Market Dynamics

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.

Bakery Ingredients Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 17.5 billion

Market CAGR

6.1%

By Ingredients Type

  • Baking Powders
  • Emulsifiers
  • Leavening Agents
  • Enzymes
  • Oils
  • Sweeteners
  • Colors and Flavors
  • Preservatives
  • Yeast
  • Leavening Agents
  • Others

By Application

  • Cakes and Pastries
  • Breads
  • Rolls and Pies
  • Biscuits
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Key Features of the Report

  • The bakery ingredients market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

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)

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

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

  • Cargill Incorporated
  • Kerry Group Plc
  • DuPont
  • British Bakels Ltd
  • Associated British Foods plc
  • Dawn Foods Ltd
  • DSM

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