Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors, Preservatives, Fibers), Application (Bread and Sweet Bakery), and Region

The most widely used baking ingredients in the market are baking powder & mixes, starch, oils, fats & shortenings, enzymes, and emulsifiers. The global baking ingredients market is estimated to be USD 16.6 billion in 2021 and is projected to reach USD 22.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026. Factors such as the rising demand for functional baked products, such as gluten-free, low-sugar, and low-fat baked foods in developed countries such as the US, Germany, the UK, and France, along with the rising disposable income and per capita expenditure on processed foods, such as baked and ready-to-eat foods in emerging economies, such as India, China, and Brazil have fueled market growth in the region. This has increased the presence of local bakeries, supermarket & hypermarket bakeries, in-store bakeries, franchise bakeries, and convenience stores in both developed and developing countries.

“The market for baking powder and mixes is projected to grow at the highest CAGR between 2021 and 2026.”

The fiber segment among various baking ingredients is expected to grow at the highest rate during the forecast period. The increased consumer health awareness has triggered the interest in adding functional ingredients, such as dietary fiber, in popular foods, including bread. The dietary fiber usage in bread production causes changes in the physical parameters of bread, shelf-life, and sensory characteristics of bread.

Fiber might be used as a fat mimetic to replace some of the functions of fats, or a product designer might use a functional fiber in a muffin or a cake-type product to improve texture, shrink control, and volume or color. Typically, one percent of the functional fiber is used in bakery applications. Adding supplemental fiber to bakery and snack items is an easy way to help consumers get more fiber in food products that they eat frequently. Bread, muffins, crackers, and breakfast biscuits are generally lower in sugar and typically targeted for being healthier bakery options that have a greater chance for success in the fiber space. Cargill (US), Kerry Group Plc (Ireland), and Tate & Lyle (UK) are some of the famous companies that deal in manufacturing fibers for the bakery industry.

“The bread segment of baking ingredients type is projected to grow at the highest CAGR between 2021 and 2026.”

The market for sweet bakery is expected to grow faster than the bread segment. Increasing consumption of ready-to-eat food, owing to the growing demand for convenience, changing preferences for flavored food products, is pushing the revenue generation in the cakes, pastries, and other sweet bakery segments of the market. The introduction of bakery products, including cakes, pastries, and sweet pies, with health claims, such as those with lower high-fructose corn syrup and sodium and with higher amounts of fiber, is expected to attract consumers, which will help the overall market to grow. New healthier varieties with less fat are now being introduced by vendors to attract the health-conscious population across the globe. Owing to the growing customer base, the impact of the demographic changes and changing attitudes are all expected to drive growth in this segment.

“Cakes segment in the sweet bakery application is projected to grow at the highest CAGR between 2021 and 2026.”

The rising consumption, shifting preferences, and the emergence of small producers are among the changes transforming the organized cake industry across the world. A wide range of cakes has emerged, such as artesian cakes, dessert cakes, and sponge cakes. Cupcakes and other types of high-shelf life dry cakes are widely available in the largest chain of supermarkets, such as Walmart, Sainsbury's, Tesco, 7Eleven, Apar, and Aldi. Online sales of cakes are significantly increasing in several parts of the world as it is very easy and convenient for customers to place an order for the desired cakes. Almost all retail companies are entering the industry through e-Commerce portals due to the maximum customer engagement.

“Asia Pacific market for baking ingredients is projected to grow at the highest CAGR during the forecast period. “

The market for baking ingredients in Asia Pacific is projected to witness the highest growth rate during the review period. This is attributed to the increasing demand for baked goods resulting from a changing consumer preference toward ready-to-eat and healthy & convenient foods. Its economic importance has increased in the last decade. With the rising population and improving the purchasing power of consumers in developing countries such as China and India, the market in this region is expected to witness high growth in the future. Factors such as changes in the eating habits of consumers, rapid urbanization, and rise in the consumption patterns of baked products are estimated to drive the growth of the bakery ingredients market in this region. Along with industry trends, such as the heavy investment in R&D, innovations across the ingredient categories, including protein-based fat replacements, flavor enhancements, texture improvements, solutions to prolong the shelf-life of products, are also driving the market ahead. In emerging economies, such as India and China, the penetration of packaged and convenience food is a key driver.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews have been conducted with the key experts.

The breakup of the profiles of primary participants is as follows:

By Manufacturers: Tier 1 - 70%, Tier 2 - 20%, and Tier 3 - 10%
By Designation: CXOs - 40%, Managers - 30%, Executives - 30%
By Geography: Europe - 45%, Asia Pacific - 25%, North America - 10%, South America - 5%, and RoW - 15%

Some of the major players in the market include Associated British Foods Plc (England), AAK AB (Sweden), Cargill (US), and Kerry Group Plc (Ireland), Corbion (Netherlands), Dawn Food Products, Inc (US), Archers Daniels Midland Company (US), Dupont (US), Lallemand Inc. (Canada), and Tate & Lyle (UK), IFFCO (UAE), Lesaffre (France), International Flavors and Fragrances Inc. (US), and British Bakels (England).

Research Coverage

The report segments the baking ingredients market based on type, species, application, and region. In terms of insights, this report has focused on various levels of analyses - competitive landscape, end-use analysis, and company profiles - which together comprise and discuss views on the emerging & high-growth segments of the baking ingredients, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to Buy the Report:

Illustrative segmentation, analysis, and forecast pertaining to the baking ingredients market based on type, species, application, and geography have been conducted to provide an overall view of the baking ingredients market
Major drivers, restraints, and opportunities for the baking ingredients market have been detailed in this report.

1 Introduction

1.1 Objectives of the Study
1.1.1 Market Definition
1.2 Market Scope
1.2.1 Markets Covered
Figure 1 Market Segmentation: Baking Ingredients Market
1.2.2 Inclusions and Exclusions
1.2.3 Geographic Scope
1.3 Periodization Considered
1.4 Currency Considered
Table 1 USD Exchange Rates Considered for the Study, 2017-2020
1.5 Units Considered
1.6 Stakeholders
1.7 Summary of Changes

2 Research Methodology

2.1 Research Data
Figure 2 Baking Ingredients Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Top-Down
2.2.2 Bottom-Up
2.3 Data Triangulation
Figure 3 Data Triangulation Methodology
2.3.1 Supply Side
2.3.2 Demand Side
2.4 Research Assumptions
2.5 Research Limitations & Associated Risks
2.6 Market Scenarios Considered for the Impact of COVID-19
2.6.1 Scenario-Based Modelling
2.7 COVID-19 Health Assessment
Figure 4 COVID-19: Global Propagation
Figure 5 COVID-19 Propagation: Select Countries
2.8 COVID-19 Economic Assessment
Figure 6 Revised Gross Domestic Product Forecasts for Select G20 Countries in 2020
2.8.1 COVID-19 Economic Impact: Scenario Assessment
Figure 7 Criteria Impacting Global Economy
Figure 8 Scenarios in Terms of Recovery of Global Economy

3 Executive Summary

Table 2 Baking Ingredients Market Snapshot, 2021 Vs. 2026
Figure 9 Baking Ingredients Market Size, by Type, 2021 Vs. 2026 (USD Million)
Figure 10 Baking Ingredients Market Size, by Application, 2021 Vs. 2026 (USD Million)
Figure 11 Baking Ingredients Market Size, by Sweet Bakery, 2021 Vs. 2026 (USD Million)
Figure 12 Baking Ingredients Market Share, by Region, 2021

4 Premium Insights

4.1 Opportunities in the Baking Ingredients Market
Figure 13 Growing Demand for Natural Ingredients Due to Increasing Consumer Awareness to Drive the Growth of the Baking Ingredients Market
4.2 Baking Ingredients Market: Key Country
Figure 14 India to be the Fastest-Growing Country in the Baking Ingredients Market by 2026
4.3 Baking Ingredients Market, by Application & Region
Figure 15 Europe Dominated the Market Across All Applications in 2020
4.4 Baking Ingredients Market, by Form
Figure 16 the Dry Segment Dominated the Baking Ingredients Market Across All Forms
4.5 Europe: Baking Ingredients Market, by Application & Country, 2017
Figure 17 the Bread Segment Accounted for the Largest Share, by Application, in 2020, in Europe

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
Figure 18 Increased Demand for Convenience Food is Driving the Growth of the Baking Ingredients Market
5.2.1 Drivers
5.2.1.1 Global Rise in the Consumption of Bakery Products and Confectionery
Figure 19 Per Capita Consumption of Baked Products, 2020, (Kg Per Year)
5.2.1.2 Fast-Paced Lifestyles of Consumers and Changing Consumption Patterns
5.2.2 Restraints
5.2.2.1 Stringent Regulations and International Quality Standards
5.2.2.2 Health Issues Due to Excess Consumption of Trans-Fatty Acids
5.2.3 Opportunities
5.2.3.1 Growing Trend of Veganism and Vegetarianism Among Consumers
Figure 20 Retail Sales of Plant-Based Food Products, 2019 (USD Million)
5.2.3.2 Emerging Functions of Baking Ingredients
5.2.3.3 Growth of the Frozen Bakery Products Market
5.2.4 Challenges
5.2.4.1 Increase in Awareness About Health & Wellness Impacting the Consumption of Bakery Products
5.2.4.2 Intense Competition and Product Rivalry Due to Similar Products
5.3 Value Chain Analysis
Figure 21 Value Chain Analysis
5.4 Technology Analysis
5.4.1 Transcendental Emulsification
5.4.2 Detecting Bread Quality with 3D X-Ray
5.4.3 Sodium Reduction Technology
5.4.4 Recombinant DNA Technology and Protein Engineering Involved in the Production of Enzyme
5.5 Patent Analysis
Figure 22 Number of Patents Granted for Baking Ingredient Products, 2015-2021
Figure 23 Regional Analysis of Patents Granted in the Baking Ingredients Market, 2015-2021
Table 3 List of a Few Patents in the Baking Ingredients Market, 2020
5.6 Ecosystem & Market Map
Figure 24 Market Ecosystem
Figure 25 Market Map
5.6.1 Upstream
5.6.2 Downstream
5.6.2.1 Regulatory Bodies
5.6.2.2 Ingredient and Raw Material Providers
5.7 Porter's Five Forces Analysis
Table 4 Baking Ingredients Market: Porter's Five Forces Analysis
5.7.1 Threat of New Entrants
5.7.2 Threat of Substitutes
5.7.3 Bargaining Power of Suppliers
5.7.4 Bargaining Power of Buyers
5.7.5 Degree of Competition
5.8 Yc-Ycc Shift
Figure 26 Yc & Ycc Shift for the Baking Ingredients Market
5.9 Case Studies
5.9.1 Production of Fiber-Rich Brownies for the UK Market
Table 5 Development of Reduced Sugar Snack for Kids
5.9.2 Adding Probiotics and Novel Flavor to a New, Healthier Bakery Concept with Insights from Kerry Trendspotter
Table 6 Development of Tasty and Healthy Bakery Item
5.10 Trade Analysis
5.10.1 Export Scenario of Enzymes
Figure 27 Enzymes Exports, by Key Country, 2016-2019 (USD Thousand)
Figure 28 Leavening Agents Exports, by Key Country 2016-2019 (USD Thousand)
Figure 29 Starches Exports, by Key Country, 2016-2019 (USD Thousand)
5.10.2 Import Scenario of Enzymes
Figure 30 Enzymes Imports, by Key Country, 2016-2019 (USD Thousand)
Figure 31 Leavening Agent Imports, by Key Country, 2016-2019 (USD Thousand)
Figure 32 Starches Imports, by Key Country, 2016-2019 (USD Thousand)
5.11 Impact of COVID-19 on Market Dynamics
5.12 Regulatory Framework
5.12.1 Canada
5.12.2 EU
5.12.3 China

6 Baking Ingredients Market, by Type

6.1 Introduction
Figure 33 Baking Ingredients Market Size, by Type, 2021 Vs. 2026 (USD Million)
Table 7 Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 8 Baking Ingredients Market Size, by Type, 2019-2026 (Kt)
6.2 COVID-19 Impact on Baking Ingredients by Type (2018-2021)
6.2.1 Optimistic Scenario
Table 9 COVID-19 Impact on Baking Ingredients Market Size, by Type, 2018-2021 (USD Million) (Optimistic Scenario)
6.2.2 Realistic Scenario
Table 10 COVID-19 Impact on Baking Ingredients Market Size, by Type, 2018-2021 (USD Million) (Realistic Scenario)
6.2.3 Pessimistic Scenario
Table 11 COVID-19 Impact on Baking Ingredients Market Size, by Type,2018-2021 (USD Million) (Pessimistic Scenario)
6.3 Emulsifiers
6.3.1 Emulsifiers Are Used in Baked Goods to Improve Interaction Between Immiscible Elements
Table 12 Emulsifiers Market Size, by Region, 2019-2026 (USD Million)
Table 13 Emulsifiers Market Size, by Region, 2019-2026 (Kt)
6.4 Leavening Agents
6.4.1 Yeast - The Most Popular Leavening Agent - Not Only Rises the Dough or Batter But Also Imparts Flavor to the Product
Table 14 Leavening Agents Market Size, by Region, 2019-2026 (USD Million)
Table 15 Leavening Agents Market Size, by Region, 2019-2026 (Kt)
6.5 Enzymes
6.5.1 Serving as a Clean-Label Catalyst for Several Reactions in Bakery Formulations Led to the Rising Demand for Enzymes
Table 16 Enzymes Market Size, by Region, 2019-2026 (USD Million)
Table 17 Enzymes Market Size, by Region, 2019-2026 (Kt)
6.6 Baking Powder & Mixes
6.6.1 Growing Preference for Organic and Clean-Label Baked Products to Create Lucrative Growth Opportunities for Baking Mix Manufacturers
Table 18 Baking Powder & Mixes Market Size, by Region, 2019-2026 (USD Million)
Table 19 Baking Powder & Mixes Market Size, by Region, 2019-2026 (Kt)
6.7 Oils, Fats, and Shortenings
6.7.1 Fat is a Powerful Tenderizer in Baking and Plays An Important Role in the Leavening of Baked Goods
Table 20 Oils, Fats, and Shortenings Market Size, by Region, 2019-2026 (USD Million)
Table 21 Oils, Fats, and Shortenings Market Size, by Region, 2019-2026 (Kt)
6.8 Colors & Flavors
6.8.1 Colors & Flavors Added to Baked Goods Affect Consumers’ Choice to Purchase An Item
Table 22 Colors & Flavors Market Size, by Region, 2019-2026 (USD Million)
Table 23 Colors & Flavors Market Size, by Region, 2019-2026 (Kt)
6.9 Starch
6.9.1 Starch Assists with Texture, Viscosity, Gel Formation, Adhesion, Binding, Moisture Retention, and Used as a Fat Substitute
Table 24 Starch Market Size, by Region, 2019-2026 (USD Million)
Table 25 Starch Market Size, by Region, 2019-2026 (Kt)
6.10 Fiber
6.10.1 Fiber Ingredients Can be Added to Baked Goods to Improve Volume while Reducing a Product's Calorie Count
Table 26 Fiber Market Size, by Region, 2019-2026 (USD Million)
Table 27 Fiber Market Size, by Region, 2019-2026 (Kt)
6.11 Preservative
6.11.1 Demand for Baking Preservatives to Increase with the Increase in Purchase of Retail Bakery Products Globally
Table 28 Preservative Market Size, by Region, 2019-2026 (USD Million)
Table 29 Preservative Market Size, by Region, 2019-2026 (Kt)
6.12 Other Types
Table 30 Other Types Market Size, by Region, 2019-2026 (USD Million)
Table 31 Other Types Market Size, by Region, 2019-2026 (Kt)

7 Baking Ingredients Market, by Application

7.1 Introduction
Figure 34 Baking Ingredients Market Size, by Type, 2017 Vs. 2022 (USD Million)
Table 32 Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 33 Sweet Bakery Market Size, by Application, 2019-2026 (USD Million)
7.2 COVID-19 Impact on Baking Ingredients by Application (2018-2021)
7.2.1 Optimistic Scenario
Table 34 COVID-19 Impact on Baking Ingredients Market Size, by Application, 2018-2021 (USD Million) (Optimistic Scenario)
7.2.2 Realistic Scenario
Table 35 COVID-19 Impact on Baking Ingredients Market Size, by Application, 2018-2021 (USD Million) (Realistic Scenario)
7.2.3 Pessimistic Scenario
Table 36 COVID-19 Impact on Baking Ingredients Market Size, By application, 2018-2021 (USD Million) (Pessimistic Scenario)
7.3 Bread
7.3.1 Bread Varieties Play a Crucial Role in Improving Nutrition and Obtaining Food Security
Table 37 Bread Market Size, by Region, 2019-2026 (USD Million)
7.4 Sweet Bakery
Table 38 Sweet Bakery Market Size, by Region, 2019-2026 (USD Million)
7.4.1 Cakes
7.4.1.1 Competition Among Brands, Convenience, and Health Attributes Have Significantly Impacted the Consumption of Cakes
Table 39 Cakes Market Size, by Region, 2019-2026 (USD Million)
7.4.2 Pastries
7.4.2.1 the Increasing Demand for Pastries is Due to the Use of Convenience Foods with High Indulgence
Table 40 Pastries Market Size, by Region, 2019-2026 (USD Million)
7.4.3 Donut
7.4.3.1 the Increasing Snacking and Indulgence Consumption is Driving Donut Sales Globally
Table 41 Donuts Market Size, by Region, 2019-2026 (USD Million)
7.5 Other Applications
Table 42 Other Applications Market Size, by Region, 2019-2026 (USD Million)

8 Baking Ingredients Market, by Form

8.1 Introduction
Figure 35 Baking Ingredients Market Size, by Form, 2021 Vs. 2026 (USD Million)
Table 43 Baking Ingredients Market Size, by Form, 2019-2026 (USD Million)
8.2 Dry
8.2.1 Appropriate Amount of Dry Ingredients - a Need for Perfect Baking
Table 44 Dry Baking Ingredients Market Size, by Region, 2019-2026 (USD Million)
8.3 Liquid
8.3.1 Liquid Ingredients Are Used as Binder for Dry Ingredients to Prepare a Dough
Table 45 Liquid Baking Ingredients Market Size, by Region, 2019-2026 (USD Million)

9 Baking Ingredients in Market, by Region

9.1 Introduction
Figure 36 Baking Ingredients Market, 2019-2026
Table 46 Baking Ingredients Market Size, by Region, 2019-2026 (USD Million)
9.2 COVID-19 Impact on Baking Ingredients Market, by Region (2018-2021)
9.2.1 Optimistic Scenario
Table 47 COVID-19 Impact on the Baking Ingredients Market Size, by Region, 2018-2021 (USD Million) (Optimistic Senario)
9.2.2 Pessimistic Scenario
Table 48 COVID-19 Impact on the Baking Ingredients Market Size, by Region, 2020-2023 (USD Million) (Pessimistic Senario)
9.2.3 Realistic Scenario
Table 49 COVID-19 Impact on the Baking Ingredients Market Size, by Region, 2018-2021 (USD Million) (Realistic Scenario)
9.3 North America
Figure 37 US to Dominate the North American Baking Ingredients Market During the Forecast Period
Table 50 North America: Baking Ingredients Market Size, by Country, 2019-2026 (USD Million)
Table 51 North America: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 52 North America: Baking Ingredients Market Size, by Type, 2019-2026 (Kt)
Table 53 North America: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 54 North America: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
Table 55 North America: Baking Ingredients Market Size, by Form, 2019-2026 (USD Million)
9.3.1 United States
9.3.1.1 Presence of a Large Number of Restaurants Serving Baked Goods Driving the Market for Baking Ingredients
Table 56 United States: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 57 United States: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 58 United States: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.3.2 Canada
9.3.2.1 Increase in Preference for High-Value Bakery Products Propelling the Demand for Various Baking Ingredients
Table 59 Canada: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 60 Canada: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 61 Canada: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.3.3 Mexico
9.3.3.1 the Demand for Convenience Food in the Region Has Propelled the Consumption of Bakery Products
Table 62 Mexico: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 63 Mexico: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 64 Mexico: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.4 Europe
Figure 38 Europe: Baking Ingredients Market
Table 65 Europe: Baking Ingredients Market Size, by Country, 2019-2026 (USD Million)
Table 66 Europe: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 67 Europe: Baking Ingredients Market Size, by Type, 2019-2026 (Kt)
Table 68 Europe: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 69 Europe: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
Table 70 Europe: Baking Ingredients Market Size, by Form, 2019-2026 (USD Million)
9.4.1 United Kingdom
9.4.1.1 Consumption of Bread as a Staple Food to Drive the Market for Baking Ingredients
Table 71 United Kingdom: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 72 United Kingdom: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 73 United Kingdom: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.4.2 France
9.4.2.1 Easy Availability of Baked Goods in Various Retail Stores Leading to Higher Consumption of Baked Goods
Table 74 France: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 75 France: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 76 France: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.4.3 Germany
9.4.3.1 Rise in the Number of Health-Conscious People to Drive the Demand for Low-Calorie and Free-From Baked Goods
Table 77 Germany: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 78 Germany: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 79 Germany : Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.4.4 Italy
9.4.4.1 Increased Consumption of Bakery Products to Drive Imports and Production of Baked Goods
Table 80 Italy: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 81 Italy: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 82 Italy: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.4.5 Spain
9.4.5.1 Demand for Healthier Bakery Products Would Lead to the Introduction of More Natural Baking Ingredients in Spain
Table 83 Spain: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 84 Spain: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 85 Spain: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.4.6 Russia
9.4.6.1 Presence of a Strong Food Processing Sector in Russia to Generate Consistent Demand for Baking Ingredients
Table 86 Russia: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 87 Russia: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 88 Russia: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.4.7 Rest of Europe
Table 89 Rest of Europe: Baking Ingredients Market Size, by Type, 2016-2026 (USD Million)
Table 90 Rest of Europe: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 91 Rest of Europe: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.5 Asia-Pacific
Figure 39 Asia-Pacific: Baking Ingredients Market
Table 92 Asia-Pacific: Baking Ingredients Market Size, by Country, 2019-2026 (USD Million)
Table 93 Asia-Pacific: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 94 Asia-Pacific: Baking Ingredients Market Size, by Type, 2019-2026 (Kt)
Table 95 Asia-Pacific: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 96 Asia-Pacific: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
Table 97 Asia-Pacific: Baking Ingredients Market Size, by Form, 2019-2026 (USD Million)
9.5.1 China
9.5.1.1 Rising Sale of Cakes Through Various Retail Channels to Drive the Demand for Baking Ingredients
Table 98 China : Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 99 China: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 100 China: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.5.2 Japan
9.5.2.1 Decreasing Consumption of Rice to Increase the Demand for Baked Good, Driving the Demand for Baking Ingredients
Table 101 Japan: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 102 Japan: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 103 Japan: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.5.3 Australia
9.5.3.1 Different Types of Bread Consumed by Australians to Drive the Availability of Different Baking Ingredients
Table 104 Australia: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 105 Australia: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 106 Australia : Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.5.4 India
9.5.4.1 Growing Demand for Specialty Flour to Produce Bakery and Confectionery Products
Table 107 India: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 108 India: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 109 India: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.5.5 Korea
9.5.5.1 Growing Demand for Bakery Mixes and Dough to Drive the Baking Ingredients Market in the Region
Table 110 Korea: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 111 Korea: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 112 Korea: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.5.6 Vietnam
9.5.6.1 Increasing Expansion of Bakery Outlets to Surge the Demand for Various Baking Ingredients
Table 113 Vietnam: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 114 Vietnam: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 115 Vietnam: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.5.7 New Zealand
9.5.7.1 Growing Demand for Frozen Bakery Products to Drive Market Growth in New Zealand
Table 116 New Zealand: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 117 New Zealand: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 118 New Zealand: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.5.8 Rest of Asia-Pacific
Table 119 Rest of Asia-Pacific: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 120 Rest of Asia-Pacific: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 121 Rest of Asia-Pacific: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.6 Rest of the World
Table 122 Rest of the World: Baking Ingredients Market Size, by Country, 2019-2026 (USD Million)
Table 123 Rest of the World: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 124 Rest of the World: Baking Ingredients Market Size, by Type, 2019-2026 (Kt)
Table 125 Rest of the World: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 126 Rest of the World: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
Table 127 Rest of the World: Baking Ingredients Market Size, by Form, 2019-2026 (USD Million)
9.6.1 Brazil
9.6.1.1 Rising Consumption of Artisanal Bakery Products to Surge the Demand for High-Quality Baking Ingredients
Table 128 Brazil: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 129 Brazil: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 130 Brazil: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.6.2 Argentina
9.6.2.1 Gradual Increase in the Purchasing Power of Argentinians to Increase the Consumption of Convenience Food
Table 131 Argentina: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 132 Argentina: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 133 Argentina: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.6.3 Chile
9.6.3.1 Increased Wheat Production for More Bread Consumption Creating Demand for Other Baking Ingredients
Table 134 Chile: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 135 Chile: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 136 Chile: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.6.4 Africa
9.6.4.1 Growing Consumption of a Wide Variety of Bread
Table 137 Africa: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 138 Africa: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 139 Africa: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.6.5 Middle East
9.6.5.1 Transition of Consumers from Supermarket Bakeries to Specialized Bakers to Drive Demand for Special Baking Ingredients
Table 140 Middle East: Baking Ingredients Market Size, by Country, 2019-2026 (USD Million)
Table 141 Middle East: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 142 Middle East: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 143 Middle East: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.6.6 United Arab Emirates
9.6.6.1 Increasing Availability of Bakery Products from Grocery Retailers to Surge the Consumption of Baked Goods
Table 144 United Arab Emirates: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 145 United Arab Emirates: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 146 United Arab Emirates: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.6.7 Saudi Arabia
9.6.7.1 Rise in the Sale of Baked Goods Through Online Channels to Drive Market Growth in the Region
Table 147 Saudi Arabia: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 148 Saudi Arabia: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 149 Saudi Arabia: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)
9.6.8 Rest of Middle East
Table 150 Rest of Middle East: Baking Ingredients Market Size, by Type, 2019-2026 (USD Million)
Table 151 Rest of Middle East: Baking Ingredients Market Size, by Application, 2019-2026 (USD Million)
Table 152 Rest of Middle East: Baking Ingredients Market Size, by Sweet Bakery, 2019-2026 (USD Million)

10 Competitive Landscape

10.1 Overview
10.2 Revenue Analysis of Business Segments, 2019
Figure 40 Revenue Analysis of Key Players in the Baking Ingredients Market, 2017-2019 (USD Million)
10.3 Company Evaluation Matrix: Definition & Methodology
10.3.1 Stars
10.3.2 Emerging Leaders
10.3.3 Pervasive Players
10.3.4 Participants
Figure 41 Baking Ingredients Market: Company Evaluation Quadrant, 2020 (Overall Market)
10.4 Product Footprint
Table 153 Baking Ingredients Market: Company Type Footprint
Table 154 Bakery Ingredients Market: Regional Footprint
Table 155 Bakery Ingredients Market: Product Footprint (Overall)
10.5 Company Evaluation Matrix: Definition & Methodology (For Start-Ups/Sme's)
10.5.1 Progressive Companies
10.5.2 Starting Blocks
10.5.3 Responsive Companies
10.5.4 Dynamic Companies
Figure 42 Baking Ingredients Market: Company Evaluation Quadrant for Start-Ups/SME's, 2020
10.6 Key Player Strategies
Table 156 Overview of Strategies Deployed by Baking Ingredients Companies

11 Competitive Scenario

11.1 New Product Launches
Table 157 Baking Ingredients: Product Launches, 2018- 2021
11.2 Deals
Table 158 Baking Ingredients: Deals, 2018-2021

12 Company Profiles

12.1 Key Players
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, Analyst's View)*
12.1.1 Associated British Foods plc
Table 159 Associated British Foods plc: Business Overview
Figure 43 Associated British Foods plc: Company Snapshot
Table 160 Associated British Foods plc: Deals
12.1.2 Koninklijke Dsm N.V.
Table 161 Koninklijke Dsm N.V.: Business Overview
Figure 44 Koninklijke Dsm N.V.: Company Snapshot
Table 162 Koninklijke Dsm N.V.: New Product Launches
12.1.3 Lallemand Inc.
Table 163 Lallemand Inc: Business Overview
Table 164 Lallemand Inc: New Product Launches
Table 165 Lallemand Inc: Deals
Table 166 Lallemand Inc: Others
12.1.4 Kerry Group plc
Table 167 Kerry Group plc: Business Overview
Figure 45 Kerry Group plc: Company Snapshot
Table 168 Kerry Group plc: New Product Launches
Table 169 Kerry Group plc: Deals
Table 170 Kerry Group plc: Others
12.1.5 Lesaffre
Table 171 Lesaffre: Business Overview
Table 172 Lesaffre: Others
12.1.6 Tate & Lyle
Table 173 Tate & Lyle: Business Overview
Figure 46 Tate & Lyle: Company Snapshot
Table 174 Tate & Lyle: New Product Launches
Table 175 Tate & Lyle: Deals
Table 176 Tate & Lyle: Others
12.1.7 Cargill
Table 177 Cargill: Business Overview
Figure 47 Cargill: Company Snapshot
Table 178 Cargill: New Product Launches
Table 179 Cargill: Others
12.1.8 Aak Ab
Table 180 Aak Ab - Business Overview
Figure 48 Aak Ab: Company Snapshot
Table 181 Aak Ab: Deals
Table 182 Aak Ab: Others
12.1.9 Dupont
Table 183 Dupont - Business Overview
Figure 49 Dupont: Company Snapshot
12.1.10 British Bakels
Table 184 British Bakels - Business Overview
Table 185 British Bakels: New Product Launches
12.1.11 Archer Daniels Midland Company
Table 186 Archer Daniels Midland Company - Business Overview
Figure 50 Archer Daniels Midland Company: Company Snapshot
Table 187 Archer Daniels Midland Company: Others
12.1.12 Corbion
Table 188 Corbion - Business Overview
Figure 51 Corbion: Company Snapshot
Table 189 Corbion: New Product Launches
Table 190 Corbion: Deals
12.1.13 Dawn Foods Products, Inc.
Table 191 Dawn Food Products, Inc. - Business Overview
12.1.14 International Flavors and Fragrances Inc.
Table 192 International Flavors & Fragrances Inc. - Business Overview
Figure 52 International Flavors and Fragrances Inc.: Company Snapshot
Table 193 International Flavors and Fragrances Inc.: Others
12.1.15 Iffco
Table 194 Iffco - Business Overview
Table 195 Iffco: Others
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, Analyst's View Might Not be Captured in Case of Unlisted Companies.
12.2 Other Players
12.2.1 Millbaker Sas.
12.2.2 Carif
12.2.3 Puratos
12.2.4 Rich Product Corporation
12.2.5 Ireks Gmbh
12.2.6 Ingredion
12.2.7 Swiss Bake Ingredients Pvt. Ltd
12.2.8 Oyc Americas
12.2.9 Tastetech
12.2.10 Sensient Technologies Corporation

13 Adjacent & Related Markets

13.1 Introduction
13.2 Limitations
13.3 Food Additives Market
13.3.1 Market Definition
13.3.2 Market Overview
Figure 53 Food Additives Market is Expected to Witness a Steady Growth During the Forecast Period
13.3.3 Food Additives Market, by Application
Figure 54 Food Additives Market Size, by Application, 2014 (USD Million)
Table 196 Food Additives Market Size, by Application, 2013-2020 (USD Million)
13.3.4 Bakery & Confectionery
13.3.5 Beverages
Table 198 Food Additives in Beverages Market Size, by Region, 2013-2020 (USD Million)
13.3.6 Convenience Food
Figure 55 Food Additives in Convenience Foods Market Size, by Region, 2015 Vs. 2020 (USD Million)
Table 199 Food Additives in Convenience Foods Market Size, by Region, 2013-2020 (USD Million)
13.3.7 Dairy & Frozen Desserts
Figure 56 Food Additives in Dairy & Frozen Desserts Market Size, by Region, 2015 Vs. 2020 (USD Million)
Table 200 Food Additives in Dairy & Frozen Products Market Size, by Region, 2013-2020 (USD Million)
13.3.8 Sauces, Dressings, Spices & Condiments
Table 201 Food Additives in Sauces, Dressings, Spices & Condiments Market Size, by Region, 2013-2020 (USD Million)
13.3.9 Other Applications
Figure 57 Food Additives in Other Applications Market Size, by Region, 2014
Table 202 Food Additives in Other Applications Market Size, by Region, 2013-2020 (USD Million)
13.3.10 Food Additives Market, by Region
Table 204 Europe: Food Additives Market Size, by Application, 2013-2020 (USD Million)
Table 205 Asia-Pacific: Food Additives Market Size, by Application, 2013-2020 (USD Million)
Table 206 Row: Food Additives Market Size, by Application, 2013-2020 (USD Million)
13.4 Bakery Premixes Market
13.4.1 Market Definition
13.4.2 Market Overview
Figure 58 Bakery Premixes Market is Expected to Witness a Steady Growth During the Forecast Period
13.4.3 Bakery Premixes Market, by Application
Figure 59 Bakery Premixes Market Size, by Application, 2019 Vs. 2025 (USD Thousand)
Table 207 Bakery Premixes Market Size, by Application, 2017-2025 (USD Thousand)
Table 208 Bakery Premixes Market Size, by Application, 2017-2025 (Kt)
Figure 60 Bakery Products Market Size, by Sub-Application, 2019 Vs. 2025 (USD Thousand)
Table 209 Bakery Product Premixes Market Size, by Sub-Application, 2017-2025 (USD Thousand)
13.5 Bread Products
13.5.1 High Consumption of Bread and Increasing Demand for Specialized Bread Products Are the Major Factors That Are Projected to Drive the Bread Premixes Market
Table 210 Bread Product Premixes Market Size, by Region, 2017-2025 (USD Thousand)
13.6 Bakery Products
Table 211 Bakery Product Premixes Market Size, by Region, 2017-2025 (USD Thousand)
13.6.1 Cakes
13.6.1.1 Rise in Demand for Flavored Cake is Projected to Drive the Demand for Cake Premixes
Table 212 Cake Premixes Market Size, by Region, 2017-2025 (USD Thousand)
13.6.2 Pastries
13.6.2.1 Growth in the Consumption of Pastries in Various Countries Projected to Drive the Demand for Pastry Premixes
Table 213 Pastries Premixes Market Size, by Region, 2017-2025 (USD Thousand)
13.6.3 Muffins
13.6.3.1 Higher Demand for a Variety of Muffins is Projected to Drive the Demand for Muffin Mixes
Table 214 Muffin Premixes Market Size, by Region, 2017-2025 (USD Thousand)
13.6.4 Donuts
13.6.4.1 the Growth in the Trend of Snacking is Projected to Drive Demand for Donuts Mix
Table 215 Donut Premixes Market Size, by Region, 2017-2025 (USD Thousand)
13.6.5 Pancakes
13.6.5.1 Greater Preference for Ready-To-Eat Food Products is Projected to Drive the Market Growth of Pancake Mixes
Table 216 Pancake Premixes Market Size, by Region, 2017-2025 (USD Thousand)
13.6.6 Others
13.6.6.1 Increase in Preference for Convenience Products is Projected to Drive the Demand for Bakery Premixes
Table 217 Other Bakery Premixes Market Size, by Region, 2017-2025 (USD Thousand)
13.6.7 Bakery Premixes Market, by Region
Table 218 North America: Bakery Premixes Market Size, by Application, 2017-2025 (USD Thousand)
Table 219 Europe: Bakery Premixes Market Size, by Application, 2017-2025 (USD Thousand)
Table 220 Asia-Pacific: Bakery Premixes Market Size, by Application, 2017-2025 (USD Thousand)
Table 221 South America: Bakery Premixes Market Size, by Application, 2017-2025 (USD Thousand)
Table 222 Row: Bakery Premixes Market Size, by Application, 2017-2025 (USD Thousand)

14 Appendix

14.1 Discussion Guide
14.2 Knowledge Store: The Subscription Portal
14.3 Available Customizations
14.4 Related Reports
14.5 Author Details

Companies Mentioned

AAK Ab
Archer Daniels Midland Company
Associated British Foods plc
British Bakels
Cargill
Carif
Corbion
Dawn Foods Products, Inc.
Dupont
Iffco
Ingredion
International Flavors and Fragrances Inc.
Ireks Gmbh
Kerry Group plc
Koninklijke Dsm N.V.
Lallemand Inc.
Lesaffre
Millbaker Sas.
OYC Americas
Puratos
Rich Product Corporation
Sensient Technologies Corporation
Swiss Bake Ingredients Pvt. Ltd
Tastetech
Tate & Lyle

Methodology

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Table Information

Report Attribute	Details
No. of Pages	264
Published	April 2021
Forecast Period	2021 - 2026
Estimated Market Value ( USD ) in 2021	$ 16.6 Billion
Forecasted Market Value ( USD ) by 2026	$ 22.3 Billion
Compound Annual Growth Rate	6.0%
Regions Covered	Global
No. of Companies Mentioned	25

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Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors, Preservatives, Fibers), Application (Bread and Sweet Bakery), and Region - Forecast to 2026

Table of Contents

Companies Mentioned

Methodology

Table Information

Table of Contents

Companies Mentioned

Methodology

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