Global Baking Ingredients Market Size, Share & Trends Analysis Report, By Product (Emulsifiers, Yeast, Enzymes, Baking Powder & Mixes, Oils, Fats, and Shortenings, Colors & Flavors, Starch, Preservatives, and Others) By End Use (Bread, Cakes & Pastries, Cookies & Biscuits, Rolls & Pies, Others) and By Region, And Segment Forecasts, Till – 2030.
Report ID : IR10015 | Industries : Food and Beverage | Published On :January 2024 | Page Count : 211
Global Baking Ingredients Market Size, Share & Trends Analysis Report, By Product (Emulsifiers, Yeast, Enzymes, Baking Powder & Mixes, Oils, Fats, and Shortenings, Colors & Flavors, Starch, Preservatives, and Others) By End Use (Bread, Cakes & Pastries, Cookies & Biscuits, Rolls & Pies, Others) and By Region, And Segment Forecasts, Till – 2030.
Market Overview
According to Intellistic Research, the global baking ingredients market estimated at USD 18.70 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 23.13% from 2023 to 2030. The processing of bakery goods like bread, doughnuts, pastries, cakes, rolls, pies, tarts, and more primarily uses baking components like enzymes, emulsifiers, leavening agents, and baking powders, among others. These products are widely available in the market and acknowledged as the foundational foods for human nourishment on a global scale.
Baking Ingredients Market Dynamics: Key Drivers & Restraints
Increase in demand for bakery products.
Baking ingredients market growth is anticipated to be fueled by an increase in the market for multi-cuisine bakery goods as well as baking ingredients with shortened fermentation times. Bread, pastries, cakes, rolls, tarts, pies, and many other baked goods are frequently made with baking ingredients like yeast, emulsifiers, enzymes, and baking powders.
Furthermore, as cities become more urbanized, people's lifestyles are changing, leaving less or no time for cooking. The food and beverage industries are responding to this by launching a variety of baked goods that can be eaten for breakfast or as a snack.
Growing trends of replacing backed products
The growing tendency of replacing cereals, including oats, for baked goods is predicted to impede the expansion of the worldwide market. In addition, strict laws and the adoption of international quality standards are anticipated to limit industry expansion. Baking ingredients are a mixture of specific chemicals and are subject to stringent health and safety inspections in accordance with national laws in different nations. Regulatory agencies have conducted several studies to evaluate the effects of these products on human health.
How are Segments Performing in the Global Baking Ingredients Market?
Baking Ingredients Product Segment Breakdown
According to Intellistic Research, the Baking Ingredients market by Product is segmented into Emulsifiers, Yeast, Enzymes, Baking Powder & Mixes, Oils, Fats, and Shortenings, Colours & Flavors, Starch, Preservatives, and Others.
Baking Ingredients End Use Segment Breakdown
According to Intellistic Research, based on End Use, the market is bifurcated into Bread, Cakes & Pastries, Cookies & Biscuits, Rolls & Pies, Others.
Baking Ingredients Geographic Exploration
According to Intellistic Research, the North America region is predicted to dominate the market due to the convenience & easy-to-carry options provided by bakery manufacturers, like pocket wraps and rolls, among others, are driving growth. Other regions competing in the market are North America, Europe, Middle East and Africa and Latin America respectively.
Noticeable Players Functioning in The Global Baking Ingredients Market Include:
• Associated British Foods plc.
• Monginis Food Pvt. Ltd.
• Yamazaki Baking Co. Ltd
• Mondelez International
• Mckee Foods Corporation
• Bread Talk Co. Ltd
• General Mills Inc
• Uniferm GmbH & Co.
• Goodman Fielder
• Tiger Brands Company
KEY BREAKDOWN: Baking Ingredients Market
By Product
• Emulsifiers
• Yeast
• Enzymes
• Baking Powder & Mixes
• Oils, Fats, and Shortenings
• Colors & Flavors
• Starch
• Preservatives
• Others
By End Use
• Bread
• Cakes & Pastries
• Cookies & Biscuits
• Rolls & Pies
• Others
Geographical Exploration:
• North America
o The USA
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Southeast Asia
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• Middle East and Africa
o GCC Countries
o South Africa
o Rest of MEA
Global Baking Ingredients Market TOC:
1. Research Methodology
1.1. Global Baking Ingredients Market Snapshot, 2023 and 2030
1.2. Data Mining
1.3. Validation
1.4. Primary Interviews
1.5. List of Data Sources
1.6. Future Market Projections
1.7. Industry Developments and Key Market Events
2. Executive Summary
3. Market Overview
3.1. Market Scope and Definition
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunity
3.2.4. Challenges
3.2.5. Cumulative Impact due to Recent Energy Crisis
3.2.6. Cumulative Impact due to Nearing Economic Downturn
3.2.7. Post Covid-19 World Supply & Demand Conditions
3.2.8. Cumulative Impact of Russia-Ukraine Conflict
3.2.9. Key Trends
3.3. Baking Ingredients Market: Value Chain
3.3.1. List of Product Supplier
3.3.2. List of Manufacturers
3.3.3. List of End Uses
3.4. Porter Five Force’s Analysis
3.5. Regulatory and Technology Landscape
4. Global Baking Ingredients Market Outlook: Forecast (2023 – 2030)
4.1. Key Highlights
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
4.2.1. Current Market Size Forecast, 2023–2030
4.3. Global Baking Ingredients Market Outlook: Product
4.3.1. Introduction / Key Findings
4.3.2. Market Size (US$ Mn) and Forecast Product, 2023 – 2030
4.3.2.1. Emulsifiers
4.3.2.2. Yeast
4.3.2.3. Enzymes
4.3.2.4. Baking Powder & Mixes
4.3.2.5. Oils, Fats, and Shortenings
4.3.2.6. Colors & Flavors
4.3.2.7. Starch
4.3.2.8. Preservatives
4.3.2.9. Others
4.4. Global Baking Ingredients Market Outlook: End Use
4.4.1. Introduction / Key Findings
4.4.2. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
4.4.2.1.1. Bread
4.4.2.1.2. Cakes & Pastries
4.4.2.1.3. Cookies & Biscuits
4.4.2.1.4. Rolls & Pies
4.4.2.1.5. Others
5. Global Baking Ingredients Market Outlook: Region
5.1. Key Highlights
5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Latin America
5.2.5. Middle East & Africa (MEA)
6. North America Baking Ingredients Market Outlook: Forecast (2023 – 2030)
6.1. Key Highlights
6.2. Pricing Analysis
6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022
6.3.1. By Country
6.3.2. By Product
6.3.3. By End Use
6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
6.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
6.5.1. Emulsifiers
6.5.2. Yeast
6.5.3. Enzymes
6.5.4. Baking Powder & Mixes
6.5.5. Oils, Fats, and Shortenings
6.5.6. Colors & Flavors
6.5.7. Starch
6.5.8. Preservatives
6.5.9. Others
6.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
6.6.1. Bread
6.6.2. Cakes & Pastries
6.6.3. Cookies & Biscuits
6.6.4. Rolls & Pies
6.6.5. Others
7. Europe Baking Ingredients Market Outlook: Forecast (2023 – 2030)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
7.3.1. By Country
7.3.2. By Product
7.3.3. By End Use
7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
7.4.1. Germany
7.4.2. France
7.4.3. U.K.
7.4.4. Russia
7.4.5. Italy
7.4.6. Spain
7.4.7. Rest of Europe
7.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
7.5.1. Emulsifiers
7.5.2. Yeast
7.5.3. Enzymes
7.5.4. Baking Powder & Mixes
7.5.5. Oils, Fats, and Shortenings
7.5.6. Colors & Flavors
7.5.7. Starch
7.5.8. Preservatives
7.5.9. Others
7.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
7.6.1. Bread
7.6.2. Cakes & Pastries
7.6.3. Cookies & Biscuits
7.6.4. Rolls & Pies
7.6.5. Others
8. Asia Pacific Baking Ingredients Market Outlook: Forecast (2023 – 2030)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
8.3.1. By Country
8.3.2. By Product
8.3.3. By End Use
8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. New Zealand
8.4.7. Singapore
8.4.8. Malaysia
8.4.9. Rest of Asia
8.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
8.5.1. Emulsifiers
8.5.2. Yeast
8.5.3. Enzymes
8.5.4. Baking Powder & Mixes
8.5.5. Oils, Fats, and Shortenings
8.5.6. Colors & Flavors
8.5.7. Starch
8.5.8. Preservatives
8.5.9. Others
8.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
8.6.1. Bread
8.6.2. Cakes & Pastries
8.6.3. Cookies & Biscuits
8.6.4. Rolls & Pies
8.6.5. Others
9. Latin America Baking Ingredients Market Outlook: Forecast (2023 – 2030)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
9.3.1. By Country
9.3.2. By Product
9.3.3. By End Use
9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Colombia
9.4.4. Peru
9.4.5. Chile
9.4.6. Venezuela
9.4.7. Rest of Latin America
9.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
9.5.1. Emulsifiers
9.5.2. Yeast
9.5.3. Enzymes
9.5.4. Baking Powder & Mixes
9.5.5. Oils, Fats, and Shortenings
9.5.6. Colors & Flavors
9.5.7. Starch
9.5.8. Preservatives
9.5.9. Others
9.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
9.6.1. Bread
9.6.2. Cakes & Pastries
9.6.3. Cookies & Biscuits
9.6.4. Rolls & Pies
9.6.5. Others
10. Middle East & Africa Baking Ingredients Market Outlook: Forecast (2023 – 2030)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030
10.3.1. By Country
10.3.2. By Product
10.3.3. By End Use
10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
10.4.1. Saudi Arabia
10.4.2. UAE
10.4.3. Egypt
10.4.4. Kuwait
10.4.5. South Africa
10.4.6. Rest of Middle East & Africa
10.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
10.5.1. Emulsifiers
10.5.2. Yeast
10.5.3. Enzymes
10.5.4. Baking Powder & Mixes
10.5.5. Oils, Fats, and Shortenings
10.5.6. Colors & Flavors
10.5.7. Starch
10.5.8. Preservatives
10.5.9. Others
10.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
10.6.1. Bread
10.6.2. Cakes & Pastries
10.6.3. Cookies & Biscuits
10.6.4. Rolls & Pies
10.6.5. Others
11. Competition Analysis
11.1. Market Share Analysis Of Top Vendors
11.2. Market Structure
11.2.1. Competition Intensity Mapping By Market
11.2.2. Competition Dashboard
11.2.3. Key Development Strategies
11.3. Company Profiles
11.3.1. Associated British Foods plc.
11.3.1.1. Overview
11.3.1.2. Offerings
11.3.1.3. Business Segment & Geographic Overview
11.3.1.4. Key Financials
11.3.1.5. Key Market Developments
11.3.1.6. Key Market Strategy
11.3.2. Monginis Food Pvt. Ltd.
11.3.3. Yamazaki Baking Co. Ltd
11.3.4. Mondelez International
11.3.5. Mckee Foods Corporation
11.3.6. Bread Talk Co. Ltd
11.3.7. General Mills Inc
11.3.8. Uniferm GmbH & Co.
11.3.9. Goodman Fielder
11.3.10. Tiger Brands Company