In 2023, the bread improvers market is anticipated to be worth US$ 4.4 billion. The bread improvers market is anticipated to reach more than US$ 8.8 billion, according to Future Market Insights’ (FMI) report. According to projections, the market would grow at a 7.2% CAGR between 2023 and 2033.
Growing consumption of bakery, bread, and confectionery products around the world and rising demand for convenient and ready-to-eat food and beverage products along with awareness about the importance of bread improvers in the stakeholders of the baking industry are boosting the growth of the Bread Improvers Market.
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Rising consumption of food products like pizza, doughnuts, pastries, and pies, the affinity towards other application segments of bread improvers like cakes, viennoiseries are to show significant growth during the forecast period. For instance, the viennoiserie segment is expected to grow at the highest CAGR of 7.2%, which is above the aggregate market growth rate.
Stakeholders of the bread improvers market are bakery product manufacturers, bread manufacturers, enzyme manufacturers, emulsifier manufacturers, artisan bakers, distributors, and bread improvers manufacturers.
“Bread Improvers production companies have a lot of room for increasing their sales and acquiring market as majority of bakery industry around the world is unexplored for dough enhancers and flavors. Research and development, product customization as per the needs of food and beverage clients, educating the food manufacturers, and robust selling and distribution channels might help the bread improvers manufacturers in emerging as a prominent player in the bakery industry,” says a Future Market Insights Analyst.
Key Takeaways from the Study
- The bread segment is expected to account for the largest share of the bread improvers market. Innovative products like fortified bread, buns, organic bread, and flavored bread impel the growth of the bread segment.
- Bread improver in the form of powder is regarded as the largest segment in the bread improvers market.
- Europe holds over 35% of the global bread improvers market. In 2021, Europe accounted for the largest market share in the bread improvers market owing to the remarkable bakery industry in countries like France, Italy, Germany, the UK, and Spain.
- Organic bread improvers like organic gluten, organic SMP, non-GM lecithin, and organic cider vinegar are anticipated to get better of conventional bread improvers like diacetyl esters of monoglycerides (DATEM), mono-glycerides and di-glycerides of fatty acids, calcium propionate, calcium stearoyl lactylate, polysorbate 60, potassium bromate, and potassium sorbate.
- Bread improver in the form of powder is regarded as the largest segment in the bread improvers market over liquid or paste bread improvers as the application of powder bread improvers is less intricate.
- Over the assessment period, the Asia Pacific bread improvers market is expected to see the highest revenue growth, owing to increased demand for bakery, on-the-go breakfast products and confectionery in the region’s countries.
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KEY MARKET PLAYERS IN THE BREAD IMPROVERS MARKET
- Agropur Dairy Cooperative
- Archer Daniels Midland Company
- AB Mauri
- Associated British Foods plc
- Bakels Worldwide
- BreadPartners
- Cain Food Industries
- Calpro Foods
- Corbion NV
- Du Pont De Numours and Co.
- Fazer Group
- Lesaffre et Compagnie SA.
- Nutrex N.V
- Oriental Yeast Co. Ltd.
- PAK Holding
- Puratos Group
Key Segments Profiled in the Bread Improvers Market Survey
By Product Type:
- Emulsifiers
- Enzymes
- Oxidizing Agents
- Reducing Agents
- Stabilizers
- Others
By Form Type:
- Powder
- Liquid
- Others
By Type:
- Organic
- Conventional
By Application:
- Bread
- Cakes
- Viennoiseries
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa (MEA)
- Europe
Frequently Asked Questions
- How much is the current worth of Bread Improvers market?
- At what CAGR is the market expected to grow?
- Who are the various stakeholders in the bread improvers market?
- What is the demand outlook forecast for the bread improvers market?
- Who are the top 5 players operating in the market?
- How are bread improver market players reacting to the new developments in the market?
- Which are the major countries driving demand for bread improvers?
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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