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Frozen Bakery Additives Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR70052
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The frozen bakery additives market share is expected to increase by USD 934.98 million from 2021 to 2025, and the market’s growth momentum will accelerate at a CAGR of 10%.

This frozen bakery additives market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by type (preservatives and reducing agents, enzymes and oxidizing agents, emulsifiers, colorants and flavors, and others) and geography (Europe, APAC, North America, South America, and MEA). The frozen bakery additives market report also offers information on several market vendors, including Archer Daniels Midland Co., Cargill Inc., Chr. Hansen Holding A/S, Corbion NV, DuPont de Nemours Inc., Givaudan SA, Kerry Group Plc, Lonza Group Ltd., Palsgaard AS, and Puratos NV/SA, among others.

What will the Frozen Bakery Additives Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Frozen Bakery Additives Market Size for the Forecast Period and Other Important Statistics

 

Frozen Bakery Additives Market: Key Drivers and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post the COVID-19 era. The shelf life offered by frozen bakery products is notably driving the frozen bakery additives market's growth, although factors such as the increasing number of recalls of frozen foods may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the frozen bakery additives industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Frozen Bakery Additives Market Driver

The long lifespan of food products helps both food retailers and consumers to reduce wastage and losses. Food freshness is the top consideration for consumers, which enables retailers to sell food products that ensure long-lasting freshness. Frozen bakery products are durable with a longer shelf life when compared with fresh food products. Freezing technology can also provide the same characteristics as directly processed products or fresh food products. Freshly processed foods or baked foods have a shorter shelf life after unwrapping. In the case of frozen bakery products, immediately after baking, they can lock the freshness and provide consistent quality throughout the shelf life of food products, which helps end-users to avoid unnecessary waste. Hence, they offer longer shelf life than traditionally baked foods. Such benefits offered by frozen bakery products will increase their sales, which will drive the growth of the global frozen bakery additives market during the forecast period.

Key Frozen Bakery Additives Market Challenge

Product recalls may severely affect a company's brand image, sales, and growth. The product recalls of frozen foods can happen due to contamination by foreign bodies. Contamination can be due to the presence of pieces of glass, hard particles, and others. The presence of such substances in frozen foods forces vendors to recall those products from the market. Hence, the recalls of contaminated frozen foods may discourage consumers from buying frozen foods, which can hinder the potential growth of the global frozen bakery additives market during the forecast period. 

This frozen bakery additives market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Frozen Bakery Additives Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Archer Daniels Midland Co.
  • Cargill Inc.
  • Chr. Hansen Holding A/S
  • Corbion NV
  • DuPont de Nemours Inc.
  • Givaudan SA
  • Kerry Group Plc
  • Lonza Group Ltd.
  • Palsgaard AS
  • Puratos NV/SA

 

This statistical study of the frozen bakery additives market encompasses successful business strategies deployed by the key vendors. The frozen bakery additives market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The frozen bakery additives market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Frozen Bakery Additives Market?

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33% of the market’s growth will originate from Europe during the forecast period. The UK and Germany are the key markets for frozen bakery additives market in Europe. Market growth in this region will be faster than the growth of the market in North America and South America.

The increasing availability of different types of bread, such as gluten-free and low-fat flatbread, is driving the consumption of frozen bakery additives in Europe, especially in countries such as Germany, France, Spain, and Turkey, which, in turn, will facilitate the frozen bakery additives market's growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Frozen Bakery Additives Market?

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The frozen bakery additives market share growth by the preservatives and reducing agents segment will be significant during the forecast period. The growing innovations in packaging in order to improve conveniences, such as effortless opening, portability, and one-hand use for the customers, are driving the consumption of frozen bakery products, which is expected to drive the demand for frozen bakery additives during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the frozen bakery additives market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Frozen Bakery Additives Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10%

Market growth 2021-2025

USD 934.98 million

Market structure

Fragmented

YoY growth (%)

7.30

Regional analysis

Europe, APAC, North America, South America, and MEA

Performing market contribution

Europe at 33%

Key consumer countries

The US, the UK, China, Germany, and India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Archer Daniels Midland Co., Cargill Inc., Chr. Hansen Holding A/S, Corbion NV, DuPont de Nemours Inc., Givaudan SA, Kerry Group Plc, Lonza Group Ltd., Palsgaard AS, and Puratos NV/SA

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Frozen Bakery Additives Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive the frozen bakery additives market's growth during the next five years
  • Precise estimation of the frozen bakery additives market's size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the frozen bakery additives industry across Europe, APAC, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the frozen bakery additives market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Preservatives and reducing agents - Market size and forecast 2020-2025
    • Enzymes and oxidizing agents - Market size and forecast 2020-2025
    • Emulsifiers - Market size and forecast 2020-2025
    • Colorants and flavors - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Archer Daniels Midland Co.
    • Cargill Inc.
    • Chr. Hansen Holding A/S
    • Corbion NV
    • DuPont de Nemours Inc.
    • Givaudan SA
    • Kerry Group Plc
    • Lonza Group Ltd.
    • Palsgaard AS
    • Puratos NV/SA

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The frozen bakery additives market growth will increase by $934.98 million during 2020-2025.
    The frozen bakery additives market is expected to grow at a CAGR of 9.59% during 2020-2025.
    Technavio has segmented the frozen bakery additives market by type (Preservatives and reducing agents, Enzymes and oxidizing agents, Emulsifiers, Colorants and flavors, and Others) and geographic (Europe, APAC, North America, South America, and MEA).
    Archer Daniels Midland Co., Cargill Inc., Chr. Hansen Holding A/S, Corbion NV, DuPont de Nemours Inc., Givaudan SA, Kerry Group Plc, Lonza Group Ltd., Palsgaard AS, Puratos NV/SA are a few of the key vendors in the frozen bakery additives market.
    Europe will register the highest growth rate of 32.65% among the other regions. Therefore, the frozen bakery additives market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the frozen bakery additives market growth are:
    • Shelf life offered by frozen bakery products
    The frozen bakery additives market vendors should focus on grabbing business opportunities from the preservatives and reducing agents segment as it accounted for the largest market share in the base year.
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