Baking Ingredient Market
Baking Ingredient Market Study by Emulsifiers, Leavening Agents, Enzymes, Baking Powder & Mixes, Oils & Fats, Colors & Flavors, Dough Conditioners, and Starch from 2024 to 2034
Analysis of Baking Ingredient Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Baking Ingredient Market
Worldwide sales of baking ingredients are estimated at US$ 22.1 billion in 2024. The global baking ingredient market is forecast to expand at a 6.5% CAGR and reach a value of US$ 41.48 billion by the end of 2034.
Baking ingredients are necessary items required to prepare baked products, such as cakes, breads, cookies, and pastries. The primary components include liquids like milk or water, which bind ingredients, sugar for sweetness and browning, eggs for texture and stability, fats such as butter or oil for moisture and richness, and leavening agents like baking powder and yeast, which aid in rising doughs and batters.
Pre-measured ingredient kits and ready-to-use baking mixes are becoming popular due to consumer demand for ease in baking. With clear directions and carefully measured ingredients, these items make baking easier for inexperienced and time-pressed bakers. People with busy schedules or those who have never baked before find baking ingredients appealing. The market for baking ingredients is growing at a steady pace as a result of the rising use of ready-to-use mixes and kits, which save time and effort while enabling more people to enjoy baking without the hassle of complicated recipes.
Key Market Growth Drivers
- Growing demand for baking ingredients is driven by the rise in home-baking activities, especially since the COVID-19 epidemic.
- Sales of flour, sugar, baking powder, and specialized ingredients are rising because consumers are baking more often, trying out new recipes, and seeking comfort in baking.
- Whole grain flour, organic and non-GMO flour or goods, and natural sweeteners such as honey and maple syrup are the most sought-after ingredients for baking.
- Consumers' rising interest in handmade and premium baked products that require special and superior baking ingredients such as specialty or functional flours, exotic spices, and organic extracts is contributing to the expansion of the baking ingredient market size.
- Growing demand for convenience has led to a rise in demand for pre-measured ingredient kits and ready-to-use baking mixes, making baking more accessible to busy individuals or those lacking baking expertise.
- In response to shifting consumer preferences, major players in the market are introducing new products, including low-sugar, high-protein, and allergen-free alternatives.
- Professional chefs and bakers rely on top-notch baking ingredients to meet the expectations of their clientele.
- Online food delivery services with 24-hour availability are boosting bakery item sales, thereby expanding the market for baking ingredients.
- The growing popularity of veganism has spurred the demand for vegan cakes, pies, and other confectionery items. To meet this demand, companies specializing in meat and dairy substitutes are developing ingredients like soy butter, soy cream, and plant-based meats, contributing to the growth of the vegan baking ingredient industry.
| Report Attribute | Detail |
|---|---|
| Baking Ingredient Market Size (2024E) | US$ 22.1 Billion |
| Forecasted Market Value (2034F) | US$ 41.48 Billion |
| Global Market Growth Rate (2024 to 2034) | 6.5% CAGR |
| North America Market Share (2024E) | 23.9% |
| East Asia Market Value (2024E) | US$ 4.95 Billion |
| Oils & Fats Segment Value (2034F) | US$ 10.12 Billion |
| Bread Segment Value (2034F) | US$ 8.96 Billion |
| Key Companies Profiled | DuPont De Nemours and Company; Tate & Lyle PLC; Associated British Foods; Puratos Group N.V.; Jiangsu BoliBioproducts Co., Ltd.; Caldic B.V.; Cargill Inc.; Ingredion Inc.; AB Enzymes; BDF Ingredients; Lallemand Inc.; DSM N.V. |
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How are Influencers and Content Creators Sparking Interest in Baking Ingredients?
“Social Media Platforms Using Visually Appealing Content to Promote Specialty Ingredients ”
Consumer purchasing decisions are increasingly shaped by social media platforms, cooking shows, and food blogs, particularly in the realm of baking. These platforms serve as digital hubs where individuals gather ideas, discover new recipes, and enhance their baking skills. Influencers and content creators spark curiosity and aspiration among their followers by showcasing unique and specialty baking ingredients in visually captivating content.
Beyond inspiring experimentation with new recipes, this exposure is fueling the demand for a broader range of baking supplies, enabling consumers to recreate the tantalizing treats they encounter online. Consequently, social media and culinary content platforms play a pivotal role in shaping consumer preferences and fueling baking ingredient market growth.
What Challenge Do Baking Ingredient Manufacturers and Suppliers Face?
“Limited Shelf Life of Perishable Items Like Dairy and Yeast”
Baking ingredient producers and suppliers encounter challenges with limited shelf life of perishable items like dairy and yeast. To mitigate waste and maintain freshness, manufacturers and retailers must meticulously handle inventory. Efficient inventory management and transportation solutions are imperative to optimizing product turnover and preventing expiration.
In a competitive market with slim profit margins, monitoring of perishable goods is paramount to preventing losses and upholding customer satisfaction. Investing in packaging and preservation technologies is essential to prevent product deterioration and prolong the shelf life of delicate materials.
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Country-wise Insights
The North American region is projected to hold a leading position with 23.9% of the global baking ingredient market share in 2024 and is projected to account for 24.3% of the share by 2034. The market in East Asia is forecasted to expand at a significant 6.8% CAGR from 2024 to 2034, driven by the strong tradition of home baking.
Why is the United States a Crowning Jewel in This Market?
“High Preference for Home Baking and Demand for Flexible Recipes”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 2.35 Billion |
| Growth Rate (2024 to 2034) | 6.9% CAGR |
| Projected Value (2034F) | US$ 4.6 Billion |
Need for convenience and personalization is influencing American consumers' choice of baking ingredients. An increasing number of customers are choosing to bake at home, which is leading to a need for recipes that are more flexible to suit a range of dietary needs and taste preferences. Various baking ingredients such as specialized flours, extracts, and embellishments, are now in great demand as a result of this need.
Whether experimenting with gluten-free substitutes, adding organic ingredients, or trying out novel taste combinations, consumers value the ease with which they can modify recipes to suit their requirements.
What is Pushing Baking Ingredient Suppliers to Invest in Japan?
“Cultural Shift toward Western Food Due to Exposure to Foreign Cuisine”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 1.43 Billion |
| Growth Rate (2024 to 2034) | 7% CAGR |
| Projected Value (2034F) | US$ 2.82 Billion |
When it comes to baked items such as bread, pastries, and cakes, Japan is experiencing a significant cultural change in favor of Western food. Globalization and greater exposure to foreign cuisine trends via travel, media, and the Internet are key baking ingredient market trends. Incorporating baked goods into daily diet and lifestyle is becoming increasingly common among customers in the country as they become more acquainted with Western culinary customs. To facilitate this culinary change, there is a growing need for a variety of baking ingredients due to the growing interest in baked products.
Category-wise Insights
Based on product type, the market is segmented into emulsifiers, leavening agents, enzymes, baking powder & mixes, oils & fats, colors & flavors, dough conditioners, and starch. The baking powder & mixes segment is poised to hold 21.8% of the worldwide market share in 2024.
Why are Bakers and Manufacturers Increasingly Relying on Emulsifiers?
“Emulsifiers Contributing to Stabilizing Ingredients and Prolonging Product Shelf Life”
| Attribute | Emulsifiers |
|---|---|
| Segment Value (2024E) | US$ 4.99 Billion |
| Growth Rate (2024 to 2034) | 6.6% CAGR |
| Projected Value (2034F) | US$ 9.5 Billion |
Based on product type, emulsifiers are experiencing heightened demand as they aid in achieving uniform and stable mixing of ingredients, thereby enhancing the texture, crumb structure, and shelf life of baked goods. In addition, emulsifiers enhance moisture retention, dough handling properties, and overall product quality. Given consumers' desire for high-quality, consistent, and durable baked goods, bakers and manufacturers are increasingly turning to emulsifiers to meet these requirements.
Why are Baking Ingredients Extensively Used in Bread-making?
“Baking Ingredients Enhancing Texture, Flavor, and Composition of Bread”
| Attribute | Bread |
|---|---|
| Segment Value (2024E) | US$ 4.99 Billion |
| Growth Rate (2024 to 2034) | 6.6% CAGR |
| Projected Value (2034F) | US$ 9.5 Billion |
In terms of application, the bread segment occupies a significant portion of the baking ingredient market share. Baking ingredients are extensively used in bread-making, with each element fulfilling a crucial role. For instance, yeast facilitates dough expansion, while wheat provides structural integrity and promotes gluten formation. Salt regulates yeast activity and also enhances flavor, while water acts as a catalyst for yeast growth and assists in dough formation. Together, these components collectively influence the texture, flavor, and composition of bread.
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Competitive Landscape
To guarantee quality, key players in the baking ingredient industry are introducing gourmet foods and artisanal goods at a range of pricing points and quality standards so that various bakery suppliers can select one based on their business strategy. Businesses are taking advantage of the growth of the e-commerce sector by hosting their products on these websites to reach a larger audience of prospective buyers.
- In May 2024, Sapore Lavida, Belgium's first fully traceable active sourdough, was introduced by Puratos. Because the new ingredient is composed entirely of whole wheat flour obtained via regenerative agricultural techniques, bakers in mainland Europe will be able to satisfy the increasing demand for sourdough products created locally and sustainably.
- In February 2024, to assist commercial and industrial bakeries in producing artisan-style baked goods, GoodMills Innovation unveiled Slow Milling, a new line of clean-label ingredients.
- In January 2024, Intens Soft & Fine, a substitute for mono- and diglycerides, was introduced by Puratos. The manufacturer claims that these baking ingredients extend the shelf life of products including panettone, donuts, brioche, toast bread, and hamburger buns by adding texture and quality.
- In July 2023, Henley Bridge, Dr. Oetker, and Puratos, providers of baking materials, introduced three new sweet baking ingredients: rich chocolate chips, brioche mix, and cocoa butter drops.
- In May 2023, the massive Australian agribusiness GrainCorp announced its intention to meet consumer demand for products in Asia that are both healthier and cleaner.
Fact.MR provides detailed information about the price points of key suppliers of baking ingredients positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Segmentation of Baking Ingredient Market Research
-
By Product Type :
- Emulsifiers
- Leavening Agents
- Enzymes
- Baking Powder & Mixes
- Oils & Fats
- Colors & Flavors
- Dough Conditioners
- Starch
-
By Application :
- Bread
- Biscuits & Cookies
- Cakes & Pastries
- Rolls & Pies
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Product Type
- 6.2. Application
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type
- 7.1. Emulsifiers
- 7.2. Leavening Agents
- 7.3. Enzymes
- 7.4. Baking Powder & Mixes
- 7.5. Oils & Fats
- 7.6. Colors & Flavors
- 7.7. Dough Conditioners
- 7.8. Starch
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
- 8.1. Bread
- 8.2. Biscuits & Cookies
- 8.3. Cakes & Pastries
- 8.4. Rolls & Pies
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. Middle East & Africa
- 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Sales Forecast 2024 to 2034 by Product Type, Application, and Region for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. DuPont De Nemours and Company
- 19.2. Tate & Lyle PLC
- 19.3. Associated British Foods
- 19.4. Puratos Group N.V.
- 19.5. Jiangsu BoliBioproducts Co., Ltd.
- 19.6. Caldic B.V.
- 19.7. Cargill Inc.
- 19.8. Ingredion Inc.
- 19.9. AB Enzymes
- 19.10. BDF Ingredients
- 19.11. Lallemand Inc.
- 19.12. DSM N.V.
- 20. Assumptions and Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 23: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 31: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 32: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 34: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 35: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 71: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 18: North America Market Share Analysis by Country, 2024 & 2034
Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 21: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 27: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 34: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 35: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 37: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 47: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 48: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 49: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 50: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 51: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 52: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 60: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 62: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 63: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 65: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 74: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 75: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 76: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 77: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 78: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 86: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 88: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 89: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 91: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 96: MEA Market Share Analysis by Country, 2024 & 2034
Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 99: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 101: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 102: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 103: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 104: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the baking ingredient market in 2024?
The global market for baking ingredients is estimated at US$ 22.1 billion in 2024.
What are the forecasted sales for baking ingredients by 2034?
Worldwide sales of baking ingredients are projected to reach US$ 41.48 billion by 2034.
What is the demand growth projection for the global market?
Worldwide demand for baking ingredients is forecasted to rise at a CAGR of 6.5% from 2024 to 2034.
At what rate is the South Korean market forecasted to expand?
The market in South Korea is projected to expand at a CAGR of 7.3% through 2034.
Who are the leading producers of baking ingredients?
Leading companies in the market are Caldic B.V., Cargill Inc., Ingredion Inc., AB Enzymes, and BDF Ingredients.
What is the projection for the market in East Asia?
The market in East Asia is projected to generate revenue worth US$ 9.58 billion by 2034.
Which type of baking ingredient is exhibiting high demand?
The emulsifiers segment is estimated to expand at 6.6% CAGR through 2034.
Baking Ingredient Market