The Asia Pacific Bakery Ingredients Market would witness market growth of 6.0% CAGR during the forecast period (2022-2028).
Superior-grade baking ingredients have one key advantage: they produce baked foods of higher quality. In other words, the higher quality of the components one utilizes, the more probable it is that the baked product will be as pleasant as possible. The enhancement of baked products with additional plant-based ingredients with high nutritional value has been the attention of many research groups. Like switching regular flour with legume flours which have a high protein level and an amino acid composition that is similar to that found in cereals.
The utilization of condiments from oil seeds is also becoming increasingly important in many recipes. This is mainly because they contain more protein than cereals as well as are rich in fiber, omega-3 and omega-6 essential fatty acids, and antioxidative compounds like tocopherol, beta-carotene, chlorogenic acid, caffeic acid, and flavonoids.
The use of minimally processed baking ingredients is a result of the recent trend toward more artisanal and natural bread products. The use of specialty ingredients and higher-quality flours is becoming more important to bakers. The mechanical advancements and developments have also propelled the growth of the bakery sector as a whole. The mechanization has led to the mass production of baked products and has created a whole new segment of frozen goods.
India is among Asia's fastest developing economies. The bakery industry in the nation has grown as a result of factors such as changing lifestyles, rising disposable income, and growing population. Demand for bakery ingredients is also being fueled by an increase in the consumption of bread, biscuits, and other fast-moving consumer items in India. Western food trends are also significantly increasing in the nation.
The China market dominated the Asia Pacific Bakery Ingredients Market by Country in 2021; thereby, achieving a market value of $1,496.2 million by 2028. The Japan market is poised to grow at a CAGR of 5.3% during (2022 - 2028). Additionally, The India market would obtain a CAGR of 6.6% during (2022 - 2028).
Based on Type, the market is segmented into Dry Baking Mix, Fiber, Fats, Emulsifiers, Antimicrobials, Starch, Flavors, Enzymes, Colors and Others. Based on Application, the market is segmented into Bread, Cookies & Biscuits, Cakes & Pastries, Rolls & Pies and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Bakery Ingredients Market is Projected to reach USD 18.2 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Bakels Group (EMU AG), Kerry Group PLC, Koninklijke DSM N.V., Associated British Foods PLC (Wittington Investments Limited), DuPont de Nemours, Inc., Ingredion Incorporated, Dawn Food Products, Inc., Cargill Corporation and Lallemand, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Dry Baking Mix
- Fiber
- Fats
- Emulsifiers
- Antimicrobials
- Starch
- Flavors
- Enzymes
- Colors
- Others
By Application
- Bread
- Cookies & Biscuits
- Cakes & Pastries
- Rolls & Pies
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Archer Daniels Midland Company
- Bakels Group (EMU AG)
- Kerry Group PLC
- Koninklijke DSM N.V.
- Associated British Foods PLC (Wittington Investments Limited)
- DuPont de Nemours, Inc.
- Ingredion Incorporated
- Dawn Food Products, Inc.
- Cargill Corporation
- Lallemand, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Bakery Ingredients Market, by Type
1.4.2 Asia Pacific Bakery Ingredients Market, by Application
1.4.3 Asia Pacific Bakery Ingredients Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jul – 2022, Aug) Leading Players
Chapter 4. Asia Pacific Bakery Ingredients Market by Type
4.1 Asia Pacific Dry Baking Mix Market by Country
4.2 Asia Pacific Fiber Market by Country
4.3 Asia Pacific Fats Market by Country
4.4 Asia Pacific Emulsifiers Market by Country
4.5 Asia Pacific Antimicrobials Market by Country
4.6 Asia Pacific Starch Market by Country
4.7 Asia Pacific Flavors Market by Country
4.8 Asia Pacific Enzymes Market by Country
4.9 Asia Pacific Colors Market by Country
4.1 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Bakery Ingredients Market by Application
5.1 Asia Pacific Bread Market by Country
5.2 Asia Pacific Cookies & Biscuits Market by Country
5.3 Asia Pacific Cakes & Pastries Market by Country
5.4 Asia Pacific Rolls & Pies Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Bakery Ingredients Market by Country
6.1 China Bakery Ingredients Market
6.1.1 China Bakery Ingredients Market by Type
6.1.2 China Bakery Ingredients Market by Application
6.2 Japan Bakery Ingredients Market
6.2.1 Japan Bakery Ingredients Market by Type
6.2.2 Japan Bakery Ingredients Market by Application
6.3 India Bakery Ingredients Market
6.3.1 India Bakery Ingredients Market by Type
6.3.2 India Bakery Ingredients Market by Application
6.4 South Korea Bakery Ingredients Market
6.4.1 South Korea Bakery Ingredients Market by Type
6.4.2 South Korea Bakery Ingredients Market by Application
6.5 Singapore Bakery Ingredients Market
6.5.1 Singapore Bakery Ingredients Market by Type
6.5.2 Singapore Bakery Ingredients Market by Application
6.6 Malaysia Bakery Ingredients Market
6.6.1 Malaysia Bakery Ingredients Market by Type
6.6.2 Malaysia Bakery Ingredients Market by Application
6.7 Rest of Asia Pacific Bakery Ingredients Market
6.7.1 Rest of Asia Pacific Bakery Ingredients Market by Type
6.7.2 Rest of Asia Pacific Bakery Ingredients Market by Application
Chapter 7. Company Profiles
7.1 Archer Daniels Midland Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.5.3 Geographical Expansions:
7.2 Kerry Group PLC
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.2.5.3 Geographical Expansions:
7.3 Koninklijke DSM N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Associated British Foods PLC (Wittington Investments Limited)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.5 DuPont de Nemours, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Acquisition and Mergers:
7.6 Ingredion, Incorporated
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Acquisition and Mergers:
7.6.5.2 Geographical Expansions:
7.7 Bakels Group (EMU AG)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Acquisition and Mergers:
7.7.2.2 Geographical Expansions:
7.8 Dawn Food Products, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Acquisition and Mergers:
7.9 Cargill Corporation
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.9.2.3 Geographical Expansions:
7.10. Lallemand, Inc.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Acquisition and Mergers:
TABLE 1 Asia Pacific Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Bakery Ingredients Market
TABLE 4 Product Launches And Product Expansions– Bakery Ingredients Market
TABLE 5 Acquisition and Mergers– Bakery Ingredients Market
TABLE 6 Geographical Expansions – Bakery Ingredients Market
TABLE 7 Asia Pacific Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Dry Baking Mix Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Dry Baking Mix Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Fiber Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Fiber Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Fats Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Fats Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Emulsifiers Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Emulsifiers Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Antimicrobials Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Antimicrobials Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Starch Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Starch Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Flavors Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Flavors Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Enzymes Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Enzymes Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Colors Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Colors Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Bread Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Bread Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Cookies & Biscuits Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Cookies & Biscuits Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Cakes & Pastries Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Cakes & Pastries Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Rolls & Pies Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Rolls & Pies Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Bakery Ingredients Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Bakery Ingredients Market by Country, 2022 - 2028, USD Million
TABLE 43 China Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 44 China Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 45 China Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 46 China Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 47 China Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 48 China Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 49 Japan Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 50 Japan Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 51 Japan Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 52 Japan Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 53 Japan Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 54 Japan Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 55 India Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 56 India Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 57 India Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 58 India Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 59 India Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 60 India Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 61 South Korea Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 62 South Korea Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 63 South Korea Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 64 South Korea Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 65 South Korea Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 66 South Korea Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 67 Singapore Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 68 Singapore Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 69 Singapore Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 70 Singapore Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 71 Singapore Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 72 Singapore Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 73 Malaysia Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 74 Malaysia Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 75 Malaysia Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 76 Malaysia Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 77 Malaysia Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 78 Malaysia Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 85 key Information – Archer Daniels Midland Company
TABLE 86 Key Information – Kerry Group PLC
TABLE 87 Key Information – Koninklijke DSM N.V.
TABLE 88 Key Information – Associated British Foods PLC
TABLE 89 Key Information –DuPont de Nemours, Inc.
TABLE 90 Key Information – Ingredion, Incorporated
TABLE 91 Key Information – Bakels Group
TABLE 92 Key Information – Dawn Food Products, Inc.
TABLE 93 Key Information – Cargill Corporation
TABLE 94 key Information – LallemAnd, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jul – 2022, Aug) Leading Players
FIG 5 Recent strategies and developments: Archer-Daniels-Midland Company
FIG 6 Recent strategies and developments: Kerry Group PLC
FIG 7 Recent strategies and developments: Dupont De Nemours, Inc.
FIG 8 Recent strategies and developments: Ingredion Incorporated
FIG 9 Recent strategies and developments: Bakels Group
FIG 10 Recent strategies and developments: Dawn Food Products, Inc.
FIG 11 Recent strategies and developments: Cargill Corporation
FIG 12 Recent strategies and developments: Lallemand, Inc.