Bakery Ingredient Market Report: Trends, Forecast and Competitive Analysis to 2030

Bakery Ingredient Market Report: Trends, Forecast and Competitive Analysis to 2030

Bakery Ingredient Trends and Forecast

The future of the global bakery ingredient market looks promising with opportunities in the bread, cakes & pastries, and rolls & pies markets. The global bakery ingredient market is expected to reach an estimated $22.14 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are growing demand for multi-cuisine bakery products, increasing demand for convenience food, and rising consumer preference towards attractive, tasty and textured delicacies.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Bakery Ingredient by Segment

The study includes a forecast for the global bakery ingredient by product, end use, and region.

Bakery Ingredient Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Emulsifiers
• Yeast
• Enzymes
• Baking Powder & Mixes
• Oils, Fats, & Shortenings
• Colors & Flavors
• Starch
• Preservatives
• Others

Bakery Ingredient Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Bread
• Cakes & Pastries
• Cookies & Biscuits
• Rolls & Pies
• Others

Bakery Ingredient Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Bakery Ingredient Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bakery ingredient companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bakery ingredient companies profiled in this report include-

• Flower Foods
• Hostess Brands
• George Weston
• Grupo Bimbo
• Nestle
• Finsbury Food
• Aryzta
• Britannia Industries
• Tiger Brands
• Goodman Fielder

Bakery Ingredient Market Insights

Lucintel forecasts that baking powders & mixes is expected to remain the largest segment over the forecast period.

Within this market, bread will remain the largest segment due to cost-effectiveness and nutritional value.

North America is expected to witness highest growth over the forecast period due to changing lifestyle and growing demand for convenience food in the region

Features of the Global Bakery Ingredient Market

Market Size Estimates: Bakery ingredient market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Bakery ingredient market size by product, end use, and region in terms of value ($B).

Regional Analysis: Bakery ingredient market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, end uses, and regions for the bakery ingredient market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bakery ingredient market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the bakery ingredient market size?

Answer: The global bakery ingredient market is expected to reach an estimated $22.14 billion by 2030.

Q2. What is the growth forecast for bakery ingredient market?

Answer: The global bakery ingredient market is expected to grow with a CAGR of 5.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the bakery ingredient market?

Answer: The major drivers for this market are growing demand for multi-cuisine bakery products, increasing demand for convenience food, and rising consumer preference towards attractive, tasty and textured delicacies.

Q4. What are the major segments for bakery ingredient market?

Answer: The future of the bakery ingredient market looks promising with opportunities in the bread, cakes & pastries, and rolls & pies markets.

Q5. Who are the key bakery ingredient market companies?

Answer: Some of the key bakery ingredient companies are as follows:

• Flower Foods
• Hostess Brands
• George Weston
• Grupo Bimbo
• Nestle
• Finsbury Food
• Aryzta
• Britannia Industries
• Tiger Brands
• Goodman Fielder

Q6. Which bakery ingredient market segment will be the largest in future?

Answer: Lucintel forecasts that baking powders & mixes is expected to remain the largest segment over the forecast period.

Q7. In bakery ingredient market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to changing lifestyle and growing demand for convenience food in the region

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the bakery ingredient market by product (emulsifiers, yeast, enzymes, baking powder & mixes, oils, fats, & shortenings, colors & flavors, starch, preservatives, and others), end use (bread, cakes & pastries, cookies & biscuits, rolls & pies, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?Please note: It will take 2-3 business days to deliver the report upon receipt the order.