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Future Market Insights
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Bakery Ingredients Market Overview
Bakery ingredients are used in bakery products such as breads, cookies, biscuits, cakes, pizza,
tarts, pies, pastries, donuts and frozen baked products. Predominantly it isused in the bakery
products to improve the overall product quality, to save time and for longevity.It is important
that a good quality ingredient is used while baking to retain its softness and taste. For example
in bread making yeast is an important ingredient whose gas produced should be kept inside the
dough for the better results.
Bakery ingredients have been used since ancient times and are of utmost important these days
as nothing can be baked without it. They are available in wide variety and their preferences may
vary according to the regional demands. Easy access of global information and exposure of
various bakery products has increased the demand of bakery ingredients. It also shows more
potential in terms of product offerings. Bakery Ingredients have many advantages like easy to
use, easy to mix and easy availability.
Bakery Ingredients Market Segmentation
Bakery ingredients market can be broadly segmented into 2 major groups: on the basis of type
and on the basis of application. On the basis of typebakery ingredients market includes
enzymes, emulsifiers, colors and flavors, leavening agents, preservatives, fats and shortenings
and others. On the basis of application, includes bread, cookies and biscuits, rolls and pies, cakes
and pastries and other baked products. Presently consumers are looking for baked products
which are healthy, good in taste, use of quality ingredients and at convenience.
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Bakery Ingredients Market Dynamics
Growth in global bakery ingredients market is due to increase in demand for bakery
ingredients, and changing lifestylewhich leaves little time to prepare meals, saves time and
affordability. Also with increasing population of working women and time constraint has
initiated the need. Ready to eat baked food is replacing the conventional home cooked
food. In Europe and North America, majority of the population prefers wraps, rolls and
pocket sandwiches over time consuming food items because of their busy and hectic
lifestyle. Development of new packaging materials and increased product diversification in
baked food category would promote the demand of bakery ingredients.
Ongoing revolution in the food processed industry has led numerous possibilities for
innovative product development in the bakeryingredients market. These days dietary fiber
has been added in many food products (bakery products, soups, jams) to stabilize high fat
food and emulsion and to improve shelf life. It imparts water holding capacity, gel formation
and oil holding capacity to food products.Antioxidants are used in very small quantity to
maintain the fresh look, aroma, flavor and taste of the baked goods.
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Bakery Ingredients Market Size
The bakery ingredients market has grown substantially at a healthy CAGR rate of 14-18
percent in the year 2012-14. Many companies are entering in this bakery ingredients market
to meet the consumer demand of the bakery ingredients. Globally, U.S. and Europe are the
largest bakery ingredients marketsfollowed by North America bakery ingredients market and
Asia Pacificbakery ingredients market.
The biggest driver for bakery ingredients market could be that these countries are the best
destination for innovations in the bakery ingredientsindustry. Strict legislation of the use of
good qualitybakery ingredients in baked food products and evolving consumer lifestyles and
eating habitsare the reason why these markets are flourishing.In Asia Pacific region bakery
ingredients market especially countries like China and India is showing the most promising
growthwith respect to all the other regions. Rising disposable income coupled with growing
awareness about healthy baked products are also major drivers for bakery ingredients
Bakery Ingredients Market Key Players
Major industry players in the bakery ingredients marketare Allied Bakeries, Associated British
Food (ABF), Associated British Food (ABF), Bakels, CargillInc., Kerry Group,Royal DSM and
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