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“The bread improvers market is projected to grow at a CAGR of 5.7% during the forecast period.”
According to MarketsandMarkets, the global bread improvers market is estimated to be valued at USD 3.3 billion in 2019 and is projected to reach USD 4.7 billion by 2025, recording a CAGR of 5.7%, in terms of value. Factors such as the increasing demand for convenience foods and increasing awareness about the health and wellness among consumers are projected to drive the growth of the bread improvers market during the forecast period. However, the growth of bread improvers market is restricted by factors such as adherence to the international regulations and quality standards for the baking industry.
“By ingredient, the emulsifiers segment accounted for the largest share in 2018.”
The emulsifiers segment accounted for a major share in the global bread improvers market, on the basis of ingredient, in 2018. Emulsifiers such as DATEM, lecithin, diglycerides, and monoglycerides are majorly used as ingredients in the manufacturing of bread improvers. Due to their significant availability and lower costs, the segment has accounted to have a significant share in the bread improvers market.
“By application, the bread segment is estimated to account for the largest share.”
Based on application, the bread improvers market is segmented into bread, cakes, viennoiseries, and others. The breads segment is estimated to account for the largest share for bread improvers market because of the rising demand for convenience food, which is giving rise to the growth of consumption of different forms of bread products. Also, as consumers are shifting towards healthier food options, they are opting for gluten-free and high nutritional breads. Innovative products such as fortified breads, organic breads, buns, and flavored breads are fueling the growth of breads segment, making it a large market holder in the bread improvers market.
“Europe accounted for the largest share in the bread improvers market due to the high demand for functional baked food products.”
The bread improvers market in the European region is largely driven by the higher consumption of bread products in this region. The bread forms are part of the daily diet of consumers in the region. Burgers, sandwiches, buns, and rolls are some of the popular bread products in Europe. Bakery manufacturers are currently focusing on innovating products that align with the growing health concerns of the consumers.
The global bread improvers market is segmented region-wise, with a detailed analysis of each region. These regions include North America, Europe, Asia Pacific, South America, and RoW (the Middle East & Africa).
Break-up of Primaries
- By Value Chain: Manufacturers – 70% and Suppliers – 30%
- By Designation: CXOs - 44%, Managers – 34%, and Executives – 22%
- By Region: US - 60%, UK - 20%, India - 10%, and China - 10%
Leading players profiled in this report include the following:
- E.I Du Pont De Numours and Company (US)
- Archer Daniels Midland Company (US)
- AB Mauri (US)
- Ireks GMBH (Germany)
- Oriental Yeast Co. Ltd. (Japan)
- Fazer Group (Finland)
- Corbion N.V. (The Netherlands)
- Nutrex N.V. (Japan)
- Group Soufflet (France)
- Puratos Group (Belgium)
- Lallemand Inc. (Canada)
- PAK Holding (US)
- Watson Inc. (US)
- Bakels Worldwide (Switzerland)
- Lesaffre (France)
- BreadPartners (US)
- Cain Food Industries (US)
- Riken Vitamin Co. Ltd. (Japan)
- Calpro Foods (India)
- Kerry (Ireland)
This report segments the bread improvers market, on the basis of ingredient, application, type, form, and region. In terms of insights, this research report focuses on various levels of analyses competitive landscape, pricing insights, end-use analysis, and company profiles which together comprise and discuss the basic views on the emerging & high-growth segments of the bread improvers market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons To Buy this report
- To get a comprehensive overview of the bread improvers market
- To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
- To gain insights about the major countries/regions, in which the bread improvers market is flourishing
- To gain insights on the pricing point of ingredients used during the bread processing