Flour, water, and leavening agents are the ingredients primarily responsible for the characteristic appearance and texture of bread. Emulsifiers, oils, eggs, shortening and sugar are effective in modifying these qualities and produce a good-quality product. There has been a spike in demand for bread ingredients, such as baking soda, baking powder and other condiments, as consumers trapped at home due to the Covid-19 lockdown have taken aggressively to baking.
MARKET DYNAMICS
The global bread ingredients market has witnessed strong growth owing to the increasing consumer's choice for numerous bakery products. Bread have been serving as basic food item for human nutrition for a long time. The demand for bread and other bakery products is increasing with the rising demand for convenience food and consumer preference for attractiveness, taste and texture. The easy availability, lower prices and nutrition associated with them are the major factors that are maintaining the growth in the modern market. emphasis on westernized lifestyle, double-income families, importance of healthier lifestyles, nutrition awareness, and increase in disposable income are the major factors that are responsible for the growth in bread ingredients market. Moreover, growing consumer demand for nutritional content in baked foods with low sugar, whole grain, and zero trans-fat per serving is increasing the demand for bakery food. Furthermore, strict regulations and the implementation of global quality standards are expected to restrain market growth. The market is a perfect competition market with the presence of numerous market players and buyers. The market players are competing based on price, design of the product, and quality.
MARKET SCOPE
The "Global Bread Ingredients Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the bread ingredients market with detailed market segmentation by ingredients type and application. The global bread ingredients market is expected to rise during the forecast period. The report provides key statistics on the market status of the leading bread ingredients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global bread ingredients market is segmented on the basis of ingredients type and application. Based on ingredients type, the global bread ingredients market is segmented into flour, leavning agent, oil and fat and other. On the basis of application, the market is bifurcated into Rolls and loaves, Baguettes and other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global bread ingredients market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The bread ingredients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the bread ingredients market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the bread ingredients market in these regions.
MARKET PLAYERS
The report covers vital developments in the bread ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the bread ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for bread ingredients in the global market. Below mentioned is the list of few companies engaged in the bread ingredients market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the bread ingredients market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Archer Daniels Midland Company
- Cargill
- Corbion
- Koninklijke DSM N.V.
- IFFCO Ingredients Solution
- Bakels
- Puratos Group
- Associated British Foods
- Kerry Group plc
- Dawn Food Products, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.