- Baking Powders
- Emulsifiers
- Leavening Agents
- Enzymes
- Oils
- Sweeteners
- Colors and Flavors
- Preservatives
- Yeast
- Leavening Agents
- Others
Bakery Ingredients Market was valued at USD 16.5 billion in 2022 and is poised to grow at a CAGR of 6.1% from 2023-2029. Bakery Ingredients Market food products which improves the quality of the food, improves the shelf-life, and maintains the soft texture, freshness and the taste of the food items that are baked, which includes the bakery products such as pizza, cookie, tarts, pastries, donut etc. The commonly used bakery ingredients include baking soda, butter, honey, eggs, baking powder, color additives etc. The composition of the ingredient plays a major role in determining the texture and flavor of the baked product. Bakery ingredients have been used since the dawn of time and are now essential because nothing can be baked without them. They come in a wide range of styles, and their preferences may change depending on regional demands. The demand for bakery ingredients has increased as a result of easy access to worldwide information and exposure to a variety of bakery goods. In terms of product offerings, it also has more potential. Bakery ingredients provide a number of advantages, including ease of use, mixing, and availability.
Bakery Ingredients Market Key Developments:
Study Period
2024-2030Base Year
2023CAGR
6.1%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
Increase in the working population and the changing lifestyles are the major factors driving the growth of the bakery ingredients market. The rising population of the working women is leaving them no time to prepare the food which is attracting them towards the bakery food which is replacing the conventional home cooked food. Furthermore, the consumer’s preference towards the convenience and packed foods is also likely to enhance the growth of the bakery ingredients market. Rise in the disposable incomes in the emerging countries and affordability of the bakery products are expected to fuel the market revenue growth. However, the stringent government regulations are likely to hamper the growth of the bakery ingredients market over the forecast period.
By Ingredients Type
By Application
By Geography
The key segments covered in the bakery ingredients market are: by ingredients type, application, and geography
The bakery ingredients market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The bakery ingredients market key players are: Cargill Incorporated (U.S), Kerry Group Plc (Ireland), DuPont (U.S), British Bakels Ltd (U.K), Associated British Foods plc (U.K), Dawn Foods Ltd (U.S), DSM (Netherlands)
Table of Content