0

Global Baking Ingredients Market 2017-2021

  • Published: Jun 2017
  • Pages: 82
  • SKU: IRTNTR13345
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

Technavio's market research report identifies Archer Daniels Midland, Associated British Foods, Cargill, DuPont, and Ingredion as the key vendors in the global baking ingredients market. This industry research report also presents a competitive analysis of the baking ingredients market by product (flavor and flavor enhancers, sweeteners, colorants, emulsifiers, enzymes, yeast, baking powder, and fat replacers), by end-user (industrial, foodservices, and retail), and by geography (the Americas, APAC, and EMEA).

Overview of the global baking ingredients market

Market research analysts at Technavio predict that the global baking ingredients market will grow steadily at a CAGR of close to 6% by 2021. This baking ingredients market analysis identifies the growth in the consumption of packaged and convenience foods as one of the primary growth factors for this market. The demand for convenience and packaged foods is rising with an improvement in the living standards and lifestyles of consumers. Today’s consumers prefer convenience foods and packaged foods because of time constraints, hectic lifestyles, and the increasing focus on leisure activites. This increases the demand for ready-made bakery products such as bread, pizzas, cakes, and pastries. This in turn has led to an increase in demand for bakery ingredients. Furthermore, to help end-users save time on cooking, vendors in the bakery industry have also launched pre-packaged long-life food products, freshly finished products, bake-off products, and pre-packed part-baked ready-to-use bakery products such as tortillas, donuts, pastries, and bread, which will again fuel the growth of the global baking ingredients market.

The increasing demand for organic baking ingredients is one of the major market trends that will gain traction in the baking ingredients market  in the coming years. Growing health consciousness and increasing awareness of the advantages of natural and organic baking ingredients such as sweeteners, natural flavors, and oils, will lead to the growth of the market. Moreover, millennials demand healthy and convenient foods. This demogaphic is more inclined to pay an extra sum of money for additional health benefits, thereby leading to an increase in demand for organic baking ingredients.

Competitive landscape and key vendors

The baking ingredients market is highly fragmented due to the presence of a several large and small vendors. Vendors in this market compete based on factors such as quality, price, innovation, reputation, service, and distribution. Intense competition among the vendors and rapid technological development pose significant challenges to vendor operations. It is crucial for vendors to differentiate their products and service offerings through a unique value proposition to survive and succeed in the market.

The leading vendors in the market are:

  • Archer Daniels Midland
  • Associated British Foods
  • Cargill
  • DuPont
  • Ingredion

The other prominent vendors in the market include AAK, Bakels, Corbion, Dawn Food Products, IFFCO , Kerry, Lallemand, Lesaffre, Novozymes, Puratos Group, Royal DSM, Taura Natural Ingredients, and Tate & Lyle.

Segmentation by product type and analysis of the baking ingredients market

During 2016, the industrial segment accounted for the major share of this global market. This segment includes the food processing industry, where baking ingredients are used as ingredients in packaged food products or beverages, ready-to-eat and convenience meals, and bakery products. The increasing demand for convenience, packaged, and healthy food products will significantly contribute to the growth of this market segment in the coming years.

Geographical segmentation and analysis of the baking ingredients market

  • Americas
  • APAC
  • EMEA

This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the baking ingredients market by 2021. The rise in demand for packaged and convenience foods in this region is one of the major factors fueling the growth of this market. Additionally, the rising health-consciousness among consumers is also augmenting the growth prospects of the market in this region.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global baking ingredients market?
  • What are the key market trends impacting the growth of the global baking ingredients market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global baking ingredients market?
  • What are the market opportunities and threats faced by the vendors in the global baking ingredients market?
  • What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global baking ingredients market?

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.

 

Read More Read Less

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline
  • Global food ingredients market

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by product

  • Segmentation of global baking ingredients market by product
  • Global flavor and flavor enhancers market
  • Global sweeteners market
  • Global colorants market
  • Global emulsifiers market
  • Global enzymes market
  • Global yeast market
  • Global baking powder market
  • Global fat replacers market

PART 07: Market segmentation by end-user

  • Segmentation of global baking ingredients market by end-user

PART 08: Geographical segmentation

  • Geographical segmentation of global baking ingredients market
  • Baking ingredients market in EMEA
  • Baking ingredients market in the Americas
  • Baking ingredients market in APAC

PART 09: Key leading countries

  • US
  • Germany
  • China
  • Turkey
  • Italy

PART 10: Decision framework

PART 11: Drivers and challenges

  • Market drivers
  • Market challenges

PART 12: Market trends

  • Gluten-free baking
  • Increasing demand for organic baking ingredients
  • Emergence of private label products

PART 13: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 14: Key vendor analysis

  • Archer Daniels Midland
  • Associated British Foods
  • Cargill
  • DuPont
  • Ingredion

PART 15: Appendix

  • 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!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Consumer Staples
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>