Europe accounts for the lion’s share in the Global Bakery Ingredients Market

1. Global Bakery Ingredients Market foreseen to reach around USD 18 billion by 2025 Market overview: The global Bakery Ingredients Market was worth USD 14.07 billion in 2019, and it is estimated that it will reach a valuation of USD 17.91 billion by 2025 at a CAGR of 4.6% during the envisioned period. Bakery ingredients, such as emulsifiers, fats, and conditioners, give baked goods a longer shelf life and improved overall quality. As a bakery ingredient, enzymes have a wide range of applications, making them one of the most important bakery ingredients on the market. Enzymes are one of the most widely used baking ingredients in the world because they have properties to improve texture and control flavor. The use of high-end bakery ingredients, such as enzymes, has been widely used in developed countries for many years. Recent developments: Koninklijke DSM N.V. has launched a new product which goes by the brand name BakeZyme Go Pure. Market Drivers and Restrains: The global bakery ingredients market is expected to show significant growth during the forecast period due to increasing demand from the global food industry. Bread is replacing many traditional snacks and breakfasts. Bakery products are affordable, even for price-conscious customers in developing countries. The growing demand for bread and other confectionery products in developing countries such as China and India are expected to increase the demand for baking ingredients. This, in turn, has proven beneficial to the baking ingredients market. In emerging economies and developing countries such as India, Brazil and Argentina, there is a growing demand for ready-to-eat products, such as bakery products and prepared foods. Today, people prefer to eat out on special days and as part of their weekly routine. These two factors are contributing significantly to the growth of the bakery ingredients market. Manufacturers in developing countries are choosing advanced bakery solutions, such as enzymes and emulsifiers, to meet growing demand. Therefore, due to the

2. factors mentioned above, global demand is expected to increase at a constant rate during the forecast period. Most people do not have time to prepare a meal, since a large part of the modern population of the world is busy. This has indirectly increased the demand for bakery ingredients around the world. However, stricter regulations on the manufacture and use of baking ingredients and variable fraud related to food impurities are limiting the growth of the global bakery ingredients market within the forecast period. To know more read: https://www.marketdataforecast.com/market-reports/global-bakery-ingredients- market Report is segmented as: By type, the yeast and enzyme segment dominated the global bakery ingredients market in 2019. This segment accounted for more than 35% of global sales and is expected to grow significantly over the next few six years. Yeasts and enzymes have emerged as the second main segment and are expected to grow with the increasing demand for bakery and confectionery products, fast food and convenience products. By product, baking powders is expected to grow at the highest CAGR during the forecast period. This can be expected to increase the demand for nutritious foods by 2025. Geographical Segmentation: Europe was the most dominant region with a share of 36.2% of the global sales. Lifestyle changes require alternatives to traditional household foods, increasing the demand for packaged and processed foods. However, bakery products remain the staple foods in Europe and North America. The continuing revolution in the food processing industry is leading to the development of new packaged foods to meet the growing consumer demand for convenience foods in Europe and North America. Asia Pacific was estimated to be the third largest regional segment in 2019 and is expected to show the fastest growth, driven by demand from China, India and Japan. Key market players:

3. Some of the leading suppliers in the global bakery ingredients market are CSM Bakery Solutions, Muntons Plc, Archer Daniels Midland Company, and Cargill Incorporated. View sample and decide: https://www.marketdataforecast.com/market-reports/global-bakery-ingredients- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

4. For more information: Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/