The Latin America, Middle East and Africa Bakery Ingredients Market would witness market growth of 7.3% CAGR during the forecast period (2022-2028).
The growing popularity of low-trans fat and gluten-free bread shop items has created a cutting-edge opportunity for manufacturers of bakery ingredients. A busy lifestyle and changing nutritional preferences are two factors driving the market for bakery ingredients, leading to increased use of bakeware. The use of bakery ingredients also depends on changes in people's schedules and cultural practices in non-industrialized nations.
The growing need for excellent, genuine, and high-quality ingredients that meet customer expectations for fresh, wholesome, and delectable baked goods is what propels the extensive utilization of baking ingredients. Customers are more interested in bakery products' sustainability and simplicity, and they are also more interested in the ingredients' quality and country of origin than ever before. Manufacturers are now looking for additives with excellent nutritional and sensory properties as a result of this trend.
The consumption of healthy baked food products has also increased as a result of the quick increase in obesity levels and the growth in fitness-related issues. It is projected that the possible demand for frozen baked meals, together with proactive measures taken by major players to lower manufacturing costs and lengthen product shelf lives, will offer attractive growth prospects for market growth for bakery ingredients.
As internationally known food service brands prepare to extend their operations in the region, the Middle East is also expected to offer prospects for future sustainable growth of the baking sector. The region's custom baked goods trend is expected to grow, which will increase demand for baking supplies that may be used to create specialty, gluten-free, organic, and niche foods. Additionally, the sales of bakery goods increased as a result of urbanization, the growing working population, the rise in consumption outside the home, and the rising desire for quick and wholesome foods.
The Brazil market dominated the LAMEA Bakery Ingredients Market by Country in 2021; thereby, achieving a market value of $337.6 million by 2028. The Argentina market is anticipated to grow at a CAGR of 7.8% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Bakery Ingredients Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Bakery Ingredients Market, by Type
1.4.2 LAMEA Bakery Ingredients Market, by Application
1.4.3 LAMEA 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. LAMEA Bakery Ingredients Market by Type
4.1 LAMEA Dry Baking Mix Market by Country
4.2 LAMEA Fiber Market by Country
4.3 LAMEA Fats Market by Country
4.4 LAMEA Emulsifiers Market by Country
4.5 LAMEA Antimicrobials Market by Country
4.6 LAMEA Starch Market by Country
4.7 LAMEA Flavors Market by Country
4.8 LAMEA Enzymes Market by Country
4.9 LAMEA Colors Market by Country
4.1 LAMEA Others Market by Country
Chapter 5. LAMEA Bakery Ingredients Market by Application
5.1 LAMEA Bread Market by Country
5.2 LAMEA Cookies & Biscuits Market by Country
5.3 LAMEA Cakes & Pastries Market by Country
5.4 LAMEA Rolls & Pies Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Bakery Ingredients Market by Country
6.1 Brazil Bakery Ingredients Market
6.1.1 Brazil Bakery Ingredients Market by Type
6.1.2 Brazil Bakery Ingredients Market by Application
6.2 Argentina Bakery Ingredients Market
6.2.1 Argentina Bakery Ingredients Market by Type
6.2.2 Argentina Bakery Ingredients Market by Application
6.3 UAE Bakery Ingredients Market
6.3.1 UAE Bakery Ingredients Market by Type
6.3.2 UAE Bakery Ingredients Market by Application
6.4 Saudi Arabia Bakery Ingredients Market
6.4.1 Saudi Arabia Bakery Ingredients Market by Type
6.4.2 Saudi Arabia Bakery Ingredients Market by Application
6.5 South Africa Bakery Ingredients Market
6.5.1 South Africa Bakery Ingredients Market by Type
6.5.2 South Africa Bakery Ingredients Market by Application
6.6 Nigeria Bakery Ingredients Market
6.6.1 Nigeria Bakery Ingredients Market by Type
6.6.2 Nigeria Bakery Ingredients Market by Application
6.7 Rest of LAMEA Bakery Ingredients Market
6.7.1 Rest of LAMEA Bakery Ingredients Market by Type
6.7.2 Rest of LAMEA 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 LAMEA Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Dry Baking Mix Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Dry Baking Mix Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Fiber Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Fiber Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Fats Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Fats Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Emulsifiers Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Emulsifiers Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Antimicrobials Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Antimicrobials Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Starch Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Starch Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Flavors Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Flavors Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Enzymes Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Enzymes Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Colors Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Colors Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 30 LAMEA Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 31 LAMEA Bread Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Bread Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Cookies & Biscuits Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Cookies & Biscuits Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Cakes & Pastries Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Cakes & Pastries Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Rolls & Pies Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Rolls & Pies Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Bakery Ingredients Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Bakery Ingredients Market by Country, 2022 - 2028, USD Million
TABLE 43 Brazil Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 44 Brazil Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 45 Brazil Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 46 Brazil Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 47 Brazil Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 48 Brazil Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 49 Argentina Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 50 Argentina Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 51 Argentina Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 52 Argentina Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 53 Argentina Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 54 Argentina Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 55 UAE Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 56 UAE Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 57 UAE Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 58 UAE Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 59 UAE Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 60 UAE Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 67 South Africa Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 68 South Africa Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 69 South Africa Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 70 South Africa Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 71 South Africa Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 72 South Africa Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 73 Nigeria Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 74 Nigeria Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 75 Nigeria Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 76 Nigeria Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 77 Nigeria Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 78 Nigeria Bakery Ingredients Market by Application, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Bakery Ingredients Market, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Bakery Ingredients Market, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Bakery Ingredients Market by Type, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Bakery Ingredients Market by Type, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Bakery Ingredients Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA 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.