The Global Bakery Ingredients Market is Predict to reach $18.2 Billion by 2028, at a CAGR of 5.4%

Published Date: 31-Oct-2022

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Bakery Ingredients Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Bakery Ingredients Market size is expected to reach $18.2 billion by 2028, rising at a market growth of 5.4% CAGR during the forecast period.

The Dry Baking Mix market acquired maximum revenue in the Global Bakery Ingredients Market by Type in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.7 billion by 2028. A pre-mixed shortcut called dry baking mix contains flour, baking powder, shortening, and salt. It can be used in any recipe including those for biscuits, pancakes, waffles, and other baked goods.

The Cookies & Biscuits market is experiencing a CAGR of 5.8% during (2022 - 2028). Biscuits are a popular food item that is consumed by a huge percentage of the world's population due to their palatable flavor, long shelf life, and relatively inexpensive cost. They are available in an unlimited range of sizes, shapes, textures, compositions, tenderness, flavors, and hues.

The Europe market dominated the Global Bakery Ingredients Market by Region in 2021; thereby, achieving a market value of $6.2 billion by 2028. The North America market is exhibiting a CAGR of 5.2% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 6% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/bakery-ingredients-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Bakery Ingredients Market Segmentation

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 Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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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Related Reports:

North America Bakery Ingredients Market Future Scope & Opportunities 2022-2028

Europe Bakery Ingredients Market Size & Growth Forecast 2022-2028

Asia Pacific Bakery Ingredients Market Size, Share & Industry Outlook to 2028

LAMEA Bakery Ingredients Market Growth, Trends & Forecasts 2022-2028

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