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Baking Ingredients Market
Baking Ingredients Market by Type (Emulsifiers, Enzymes, Baking Powders, Flavors, Colors, Starches, Sugars, Yeasts); Form (Dry, Liquid); Application (Bread, Cakes & Pastries, Croissants, Sponge Cakes, Cookies, Doughnuts) - Global Forecast to 2030
Report ID:MRFB - 104738 Pages: 200 Jun-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 HoursThe Baking Ingredients Market is projected to reach $27.2 billion by 2030, at a CAGR of 6.4% from 2024 to 2030. The growing consumer demand for bakery products, increasing urbanization and changing food consumption patterns, and rising demand for healthy bakery products are the key factors driving the growth of the baking ingredients market. However, an increase in health-conscious consumers is expected to hinder the growth of this market to a notable extent. Furthermore, growing consumer demand for frozen bakery products and emerging functional bakery ingredients are expected to provide significant growth opportunities for manufacturers of baking ingredients in the coming years.
The Impact of COVID-19 on the Baking Ingredients Market
The COVID-19 pandemic has severely affected human health and well-being. To control the spread of the virus, governments worldwide announced partial or complete lockdowns, which severely impacted many industries, including food & beverage, pharmaceuticals, home & personal care, and dietary supplements. However, the pandemic had a positive impact on the baking ingredients market.
The COVID-19 outbreak created a severe public health emergency globally, spreading rapidly in more than 150 countries. Many countries worldwide announced complete nationwide, state-wide, or citywide lockdowns to combat and control the spread of the virus, halting all travel, transport, manufacturing, educational institutions, and non-essential trade, significantly impacting many industries globally.
The pandemic has led to the adoption of some best-practice models for the bakery industry as the coronavirus epidemic has conveyed to the forefront the importance of hygienic and shelf-stable packaged foods in preventing the disease. This industry has faced unprecedented demand from manufacturers, retailers, and consumers, particularly for products such as breads, pizzas, and cookies & biscuits, from the storage and distribution point of view. Many companies in the bakery industry have already started changing their strategies, witnessing sudden growth in demand.
Further, school and office closures compelled consumers to opt for at-home breakfast, coffee, and lunch, which has driven a significant increase in the demand for convenience, ready-to-cook, and bakery products with longer shelf lives, such as bread, rolls, and buns. Likewise, the more indulgent bakery items, such as pastries, doughnuts, and bakery snacks, also witnessed increased demand. Additionally, due to restrictions, no fast food products were available in the market, and the closure of all restaurants made people cook at home.
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Increasing Urbanization and Changing Food Consumption Patterns to Drive the Growth of this Market
Currently, more than half of the world's population lives in urban areas, and virtually all the countries worldwide are becoming increasingly urbanized. According to the United Nations World Urbanization Report, the urban population of the world has grown rapidly from 751 billion in 1950 to 4.2 billion in 2018, which shows that almost 55% of the world’s population lives in urban areas, a proportion that is expected to increase to 68% by 2050. As a result, urban consumers are gaining exposure to a much wider choice and better food availability than those living in rural areas. Also, this urbanization trend contributes significantly towards improved living standards and rising incomes, which influences the affordability of bakery products such as ready-to-eat, ready-to-bake, and frozen bakery products to a greater extent.
Further, with the increasing urbanization, the demand for convenience food products is increasing rapidly, mainly due to changing lifestyles, the rising number of nuclear families, an increasing proportion of working women, and less time for food preparation. These factors create a strong case for the accelerated growth of convenience and baked goods, which fuels the growth of the baking ingredients market.
The rise of fortified foods and dietary supplements has played a key role in healthy habits due to the growing concerns about health and the changing diet pattern to healthy nutrition through daily diet. The global demand for fortified food is mainly driven by increasing consumer awareness regarding micronutrient deficiencies, growing health concerns, rising incidence of various diseases, and increasing disposable income. Consumers are getting conscious about consuming healthier baked goods, which are, ideally, gluten-free, lower in carbs, clean-label, high in fiber, and fortified with nutrients. Hence, rapid growth in these product categories boosts the demand for various baking ingredients.
Thus, the increasing urbanization and changing food consumption patterns have a strong impetus on the baking ingredients market.
Key Findings in the Baking Ingredients Market Study:
The enzymes segment is projected to record the fastest growth rate during the forecast period
Based on type, the baking ingredients market is segmented into emulsifiers, leavening agents, enzymes, baking powder, shortening agents, flavors, colors, starches, fibers, preservatives, sugars, yeast, and other bakery ingredients. The enzymes segment is poised to register the fastest growth during the forecast period owing to its increasing usage as a cost-effective alternative to emulsifiers and its benefits, such as reduced mixing time, increased oxidation, and managed fermentation speed. In addition, enzymes improve the dough structure and softness, increasing the shelf-life of various bakery products.
In 2024, the dry form segment is expected to account for the largest share of the market
Based on form, the baking ingredients market is segmented into dry and liquid forms. In 2024, the dry baking ingredients segment is expected to account for the largest share of the baking ingredients market. Key factors contributing to the dominant position of this segment are the easy availability, easy handling & storage, and the longer shelf life of the dry-form ingredients.
In 2024, the bread segment is expected to account for the largest share of the bakery ingredients market
Based on application, the baking ingredients market is segmented into bread, pies & tarts, croissants, sponge cakes, muffins, cookies & biscuits, doughnuts, waffles, and other bakery products. In 2024, the bread segment is expected to account for the largest share of the bakery ingredients market. Key factors contributing to this segment’s major share include the rising bread consumption globally, growing demand for fast food, changing lifestyles, and increasing consumer preference for healthy claimed bread products, such as fortified, organic, whole grain, wheat alternative, and gluten-free. In addition, bread is a staple food in many countries and is experiencing high demand from developing regions, such as Asia-Pacific and the Middle East & Africa.
Asia-Pacific: The Fastest-Growing Regional Market
The baking ingredients market is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Europe is expected to account for the largest share of the baking ingredients market. Huge demand for bakery products in this region due to bakery products being their staple food, the region’s well-established food industry, rising preference for innovative food products, growing demand for gluten-free bakery products, and the presence of key players. However, the Asia-Pacific region is projected to register the highest CAGR during the forecast period.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments by leading market participants in the industry over the past four years. Some of the key players operating in the baking ingredients market are Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Associated British Foods plc (U.K.), Corbion N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Lesaffre (France), Kerry Group plc (Ireland), Tate & Lyle PLC (U.K.), and International Flavors & Fragrances Inc. (U.S.).
Scope of the Report:
Baking Ingredients Market, by Type
- Emulsifiers
- Leavening Agents
- Enzymes
- Baking Powders
- Shortening Agents
- Flavors
- Colors
- Starches
- Fibers
- Preservatives
- Sugars
- Yeasts
- Other Bakery Ingredients
Baking Ingredients Market, by Form
- Dry Baking Ingredients
- Liquid Baking Ingredients
Baking Ingredients Market, by Application
- Bread
- Cakes & Pastries
- Pies & Tarts
- Croissants
- Sponge Cakes
- Muffins
- Cookies & Biscuits
- Doughnuts
- Waffles
- Other Bakery Products
Baking Ingredients Market, by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe (RoE)
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- RoLATAM
- Middle East & Africa
Key Questions Answered in the Report:
The Baking Ingredients Market encompasses the production, distribution, and sale of ingredients used in baking, such as emulsifiers, leavening agents, enzymes, preservatives, starches, fibers, flavors, and other specialized baking additives.
The global Baking Ingredients Market is projected to reach $27.2 billion by 2030.
The Baking Ingredients Market is forecasted to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2030, driven by increasing consumer demand for bakery products, urbanization, and a rising preference for healthy baked goods.
As of the most recent projections, the Baking Ingredients Market is expected to reach $27.2 billion by 2030.
Key companies in the market include:
- Cargill, Inc. (U.S.)
- Archer Daniels Midland Company (U.S.)
- Associated British Foods plc (U.K.)
- Corbion N.V. (Netherlands)
- Koninklijke DSM N.V. (Netherlands)
- Lesaffre (France)
Key market trends include the rising demand for healthier bakery products, such as gluten-free, high-fiber, and clean-label options, as well as the growing demand for convenience foods like frozen and ready-to-eat bakery products.The pandemic-driven increase in at-home baking and interest in hygienic, shelf-stable packaged goods are also notable trends.
The main drivers are:
- Increasing consumer demand for bakery products
- Rapid urbanization and changing food consumption patterns
- Rising demand for healthier bakery items (gluten-free, organic, high-fiber)
The market is segmented by:
- Type: Emulsifiers, Leavening Agents, Enzymes, Baking Powders, Shortening Agents, Flavors, Colors, Starches, Fibers, Preservatives, Sugars, Yeasts, and other ingredients.
- Form: Dry and liquid forms.
- Application: Bread, Cakes & Pastries, Pies & Tarts, Croissants, Muffins, Cookies & Biscuits, Doughnuts, Waffles, and other bakery products.
The global Baking Ingredients Market is poised for substantial growth, with increasing demand in both developed and developing regions. Europe is expected to maintain the largest market share, while the Asia-Pacific region is projected to grow the fastest during the forecast period due to rising disposable incomes and evolving food consumption habits.
The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
The market is projected to grow at a CAGR of 6.4% from 2024 to 2030.
Europe is expected to hold the largest share of the Baking Ingredients Market in 2024 due to the region’s high demand for bakery products and well-established food industry. However, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period.
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Baking Ingredients Market
Bakery Ingredients market
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth forecast
2.3.2. Market Share Estimation
2.4. Assumptions for the Study
2.5. Limitations for the Study
3. Executive Summary
3.1. Introduction
3.2. Segmental Analysis
3.2.1. Baking Ingredients Market Analysis: by Type
3.2.2. Baking Ingredients Market Analysis: by Form
3.2.3. Baking Ingredients Market Analysis: by Application
3.3. Regional Analysis
3.4. Key Players & Competitive Scenario
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Consumer Demand for Bakery Products
4.2.2. Increasing Urbanization and Changing Food Consumption Patterns
4.2.3. Rising Demand for Healthy Bakery Products
4.3. Restraints
4.3.1. Increase in the Health-Conscious Consumers
4.4. Opportunities
4.4.1. Growing Consumer Demand for Frozen Bakery products
4.4.2. Emerging Functional Bakery Ingredients
4.5. Trends
4.5.1. Gluten-free Products
4.5.2. Fortified Bakery Products
4.5.3. Organic Products
5. The Impact of COVID-19 on the Baking Ingredients Market
6. Baking Ingredients Market, by Type
6.1. Introduction
6.2. Emulsifiers
6.3. Leavening Agents
6.4. Enzymes
6.5. Baking Powders
6.6. Shortening Agents
6.7. Flavors
6.8. Colors
6.9. Starches
6.10. Fibers
6.11. Preservatives
6.12. Sugars
6.13. Yeasts
6.14. Other Bakery Ingredients
7. Global Baking Ingredients Market, by Form
7.1. Introduction
7.2. Dry Baking Ingredients
7.3. Liquid Baking Ingredients
8. Global Baking Ingredients Market, by Application
8.1. Introduction
8.2. Bread
8.3. Cakes & Pastries
8.4. Pies & Tarts
8.5. Croissants
8.6. Sponge Cakes
8.7. Muffins
8.8. Cookies & Biscuits
8.9. Doughnuts
8.10. Waffles
8.11. Other Bakery Products
9. Baking Ingredients Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe (RoE)
9.4. Asia-Pacific
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Australia
9.4.5. Rest of Asia-Pacific (RoAPAC)
9.5. Latin America
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Argentina
9.5.4. Rest of Latin America (RoLATM)
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Introduction
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Market Share Analysis, by Key Players, 2022 (%)
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
11.1. Cargill, Incorporated
11.2. Archer Daniels Midland Company
11.3. Associated British Foods plc
11.4. Corbion N.V.
11.5. Koninklijke DSM N.V.
11.6. Lesaffre
11.7. Kerry Group plc
11.8. Tate & Lyle PLC
11.9. International Flavors & Fragrances Inc.
11.10. Other Companies
12. Appendix
12.1. Questionnaire
12.2. Available Customization
List of Tables
Table 1 Global Baking Ingredients Market: Impact Analysis of Market Drivers (2024–2030)
Table 2 Global Baking Ingredients Market: Impact Analysis of Market Restraints (2024–2030)
Table 3 Global Baking Ingredients Market: Impact Analysis of Market Opportunities (2024–2030)
Table 4 Global Baking Ingredients Market: Impact Analysis of Market Trends (2024–2030)
Table 5 Global Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 6 Global Baking Emulsifiers Market Size, by Country/Region, 2021–2030 (USD Million)
Table 7 Global Baking Leavening Agents Market, by Country/Region, 2021–2030 (USD Million)
Table 8 Global Baking Enzymes Market Size, by Country/Region, 2021–2030 (USD Million)
Table 9 Global Baking Powders Market Size, by Country/Region, 2021–2030 (USD Million)
Table 10 Global Baking Shortening Agents Market Size, by Country/Region, 2021–2030 (USD Million)
Table 11 Global Baking Flavors Market Size, by Country/Region, 2021–2030 (USD Million)
Table 12 Global Baking Colors Market Size, by Country/Region, 2021–2030 (USD Million)
Table 13 Global Baking Starches Market Size, by Country/Region, 2021–2030 (USD Million)
Table 14 Global Baking Fibres Market Size, by Country/Region, 2021–2030 (USD Million)
Table 15 Global Baking Preservatives Market Size, by Country/Region, 2021–2030 (USD Million)
Table 16 Global Baking Sugars Market Size, by Country/Region, 2021–2030 (USD Million)
Table 17 Global Baking Yeast Market Size, by Country/Region, 2021–2030 (USD Million)
Table 18 Global Other Baking Ingredients Market Size, by Country/Region, 2021–2030 (USD Million)
Table 19 Global Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 20 Global Dry Baking Ingredients Market Size, by Country/Region, 2021–2030 (USD Million)
Table 21 Global Liquid Baking Ingredients Market Size, by Country/Region, 2021–2030 (USD Million)
Table 22 Global Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 23 Global Baking Ingredients Market Size for Bread, by Country/Region, 2021–2030 (USD Million)
Table 24 Global Baking Ingredients Market Size for Pizza Crust, by Country/Region, 2021–2030 (USD Million)
Table 25 Global Baking Ingredients Market Size for Cakes & Pastries, by Country/Region, 2021–2030 (USD Million)
Table 26 Global Baking Ingredients Market Size for Pies & Tarts, by Country/Region, 2021–2030 (USD Million)
Table 27 Global Baking Ingredients Market Size for Croissants, by Country/Region, 2021–2030 (USD Million)
Table 28 Global Baking Ingredients Market Size for Sponge Cakes, by Country/Region, 2021–2030 (USD Million)
Table 29 Global Baking Ingredients Market Size for Muffins, by Country/Region, 2021–2030 (USD Million)
Table 30 Global Baking Ingredients Market Size for Cookies & Biscuits, by Country/Region, 2021–2030 (USD Million)
Table 31 Global Baking Ingredients Market Size for Doughnuts, by Country/Region, 2021–2030 (USD Million)
Table 32 Global Baking Ingredients Market Size for Waffles, by Country/Region, 2021–2030 (USD Million)
Table 33 Global Baking Ingredients Market Size for Other Bakery Products, by Country/Region, 2021–2030 (USD Million)
Table 34 Global Baking Ingredients Market Size, by Region, 2021–2030 (USD Million)
Table 35 North America: Baking Ingredients Market Size, by Country, 2021–2030 (USD Million)
Table 36 North America: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 37 North America: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 38 North America: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 39 U.S.: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 40 U.S.: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 41 U.S.: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 42 Canada: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 43 Canada: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 44 Canada: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 45 North America: Baking Ingredients Market Size, by Country, 2021–2030 (USD Million)
Table 46 North America: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 47 North America: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 48 North America: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 49 U.S.: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 50 U.S.: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 51 U.S.: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 52 Canada: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 53 Canada: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 54 Canada: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 55 Europe: Baking Ingredients Market Size, by Country, 2021–2030 (USD Million)
Table 56 Europe: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 57 Europe: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 58 Europe: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 59 Germany: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 60 Germany: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 61 Germany: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 62 France: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 63 France: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 64 France: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 65 U.K.: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 66 U.K.: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 67 U.K.: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 68 Italy: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 69 Italy: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 70 Italy: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 71 Spain: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 72 Spain: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 73 Spain: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 74 Rest of Europe: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 75 Rest of Europe: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 76 Rest of Europe: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 77 Asia-Pacific: Baking Ingredients Market Size, by Country/Region, 2021–2030 (USD Million)
Table 78 Asia-Pacific: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 79 Asia-Pacific: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 80 Asia-Pacific: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 81 China: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 82 China: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 83 China: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 84 India: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 85 India: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 86 India: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 87 Japan: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 88 Japan: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 89 Japan: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 90 Australia: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 91 Australia: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 92 Australia: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 93 Rest of Asia-Pacific: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 94 Rest of Asia-Pacific: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 95 Rest of Asia-Pacific: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 96 Latin America: Baking Ingredients Market Size, by Country, 2021–2030 (USD Million)
Table 97 Latin America: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 98 Latin America: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 99 Latin America: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 100 Brazil: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 101 Brazil: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 102 Brazil: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 103 Mexico: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 104 Mexico: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 105 Mexico: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 106 Argentina: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 107 Argentina: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 108 Argentina: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 109 Rest of Latin America: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 110 Rest of Latin America: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 111 Rest of Latin America: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 112 Middle East & Africa: Baking Ingredients Market Size, by Country, 2021–2030 (USD Million)
Table 113 Middle East & Africa: Baking Ingredients Market Size, by Type, 2021–2030 (USD Million)
Table 114 Middle East & Africa: Baking Ingredients Market Size, by Form, 2021–2030 (USD Million)
Table 115 Middle East & Africa: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 116 Middle East & Africa: Baking Ingredients Market Size, by Application, 2021–2030 (USD Million)
Table 117 Number of Developments by the Major Players During 2020–2024
List of Figures
Figure 1 Market Ecosystem
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 7 Market Size Estimation
Figure 8 Baking Enzymes Segment is Expected to Register the Highest Growth During 2024–2030
Figure 9 In 2024, the Dry Form Baking Ingredients Segment is Expected to Account for the Largest Share
Figure 10 In 2024, the Bread Segment is Expected to Account for the Largest Share
Figure 11 Asia-Pacific to be the Fastest-Growing Regional Market
Figure 12 Market Dynamics
Figure 13 Global Baking Ingredients Market Size, by Type, 2024 Vs. 2030 (USD Million)
Figure 14 Global Baking Ingredients Market Size, by Form, 2024 Vs. 2030 (USD Million)
Figure 15 Global Baking Ingredients Market Size, by Application, 2024 Vs. 2030 (USD Million)
Figure 16 Global Baking Ingredients Market Size, by Region, 2024–2030 (USD Million)
Figure 17 North America: Baking Ingredients Market Snapshot (2024)
Figure 18 Europe: Baking Ingredients Market Snapshot (2024)
Figure 19 Asia-Pacific: Baking Ingredients Market Snapshot (2024)
Figure 20 Latin America: Baking Ingredients Market Snapshot (2024)
Figure 21 Middle East & Africa: Baking Ingredients Market Snapshot (2024)
Figure 22 Key Growth Strategies Adopted by Leading Players, 2020–2024
Figure 23 Baking Ingredients Market: Competitive Benchmarking of Key Players, by Type
Figure 24 Cargill, Incorporated: Financial Overview (2022)
Figure 25 Archer Daniels Midland Company: Financial Overview (2021)
Figure 26 Associated British Foods plc: Financial Overview (2022)
Figure 27 Corbion N.V. (Netherlands): Financial Overview (2021)
Figure 28 Koninklijke DSM N.V. (Netherlands): Financial Overview (2021)
Figure 29 Lesaffre: Financial Overview (2021)
Figure 30 Kerry Group plc: Financial Overview (2021)
Figure 31 Tate & Lyle PLC: Financial Overview (2022)
Figure 32 International Flavors & Fragrances Inc.: Financial Overview (2021)
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