Europe Bakery Ingredients Market Size, Share & Industry Trends Analysis Report By Type (Dry Baking Mix, Fiber, Fats, Emulsifiers, Antimicrobials, Starch, Flavors, Enzymes, Colors), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Bakery Ingredients Market would witness market growth of 4.9% CAGR during the forecast period (2022-2028).
While bakery ingredients are primarily well known because of their use in cakes, and pastries, these ingredients are also utilized in various other goods. Among them, bread is the most baked product, with many countries having a very standard form of bread. This is mainly because the main component of bread is a flour form from the most staple crop like rice, wheat, barley, rye, etc.
Additionally, the basic source of the utilization for the bakery ingredients are bakeries. Wholesale, retail or a combination of the two may be used in bakery sales. Recently, there has been an emergence of bakeries catering to pets as well. Typically, a retail bakery deals directly with customers to sell its products. Although some retail bakeries have online outlets, many have physical storefronts.
Wholesale bakeries provide businesses such as cafeterias at workplaces, supermarkets, and dining establishments. The bakery sector also comprises suppliers of ingredients, machinery, and supplies in addition to bakeries. Scales, mixers, industrial ovens, and refrigerators are examples of equipment. Pans, utensils, and food-grade containers are examples of bakery supplies.
The bulk of pastries and bread are still consumed in conventional bakeries across Europe. German, French, and English bread all have significantly different recipes, forms, and tastes since bread is a very culturally diverse food. Traditional bakery goods have a limited shelf life and are typically day-to-day foods in Europe. In general, compared to Eastern Europe, Western Europe is originating from a larger degree of factory-baked bread. Additionally, rising chocolate consumption among teenagers in this country and improved consumer awareness of baking ingredients have increased the expansion of the bakery ingredients market.
The Germany market dominated the Europe Bakery Ingredients Market by Country in; thereby, achieving a market value of $1,402.6 million by 2028. The UK market is exhibiting a CAGR of 4% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 5.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Bakery Ingredients Market will Hit $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:
- Dry Baking Mix
- Cookies & Biscuits
- Cakes & Pastries
- Rolls & Pies
- Rest of Europe
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.
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