Global Baking Ingredients Report Thumbnail

Global Baking Ingredients Market by End-Use (Bread, Cookies & Biscuits, Cakes & Pastries, Rolls & Pies) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: FFA-73551
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 78
  • No. Of Pages: 232
  • Format:
  • Pub. Date: 2021-10-21
  • Share:

Industry Insights

In 2016, the global baking ingredients market was worth USD 11.8 billion. This is due to changing consumer preferences and increasing demand for a wide range of baked goods. Market development will also be driven by factors like rising demand for longer shelf-life products and increased demand for natural ingredients in final baked products.

Baking ingredients make up a significant part of the bakery ingredients market. The majority of baking ingredients are used in the production of bread, pastries and cakes, as well as rolls, rolls, pies, tarts and other bakery products. High quality products have many advantages, including flavor enhancements, texture and color, as well as economies of scale in production.

U.S. baking ingredient market revenue by end use, 2014-2025 (USD Million).

The global baking ingredients market is driven primarily by the individual contributions of end-use segments such as bread, Cookies & cookies, cakes & pastries and rolls. Demand is expected to rise due to increasing demand for varied bakery products and growing interest in healthy dietary supplements. The demand will continue to rise due to new applications and innovations in developed countries to produce high quality products.

In developing countries, however, this is not a significant change. The rise in urbanization in transition countries is driving an increase in baked food consumption. The overall market will be driven by key manufacturers from developing countries that tend to increase production.

From 2017 to 2025, the U.S. market will grow at 5.9% CAGR. The country's fast food lifestyle is driving the growth over the forecast period. Additional factors driving growth include the convenience and portability of bakery products like wraps, pocket rolls, and wraps.

End-use Insights

New production methods that provide nutritional value and affordability for price-sensitive customers in developing countries are the main drivers of bread's popularity as the largest contributor to end-use segments.

The fastest growing segment for baking ingredients is cakes & pastries. This is due to the increased demand for snack foods and the availability of freezers at retail stores to store frozen processed foods like pastries and cookies. The demand for cookies and biscuits is driven primarily by food processors looking to diversify product lines by getting into the cookies & cookies manufacturing business.

Product Type Insights

Baking powder and mixes accounted for 30.41% of global revenue share in 2016. It's a rich source of vitamins, protein, and carbohydrates that is used worldwide as a primary ingredient for bakery products. A rising demand for organic products is driving wheat baking powder, which is low on saturated fat and high in cholesterol, to the forefront of consumers' minds.

Global baking ingredients market revenue by product in 2016, (%)

It is anticipated that enzymes will be the most popular ingredient, after oil and fats, emulsifiers, leavening agent, oil, and fats. Asia Pacific is expected to be a major consumer of enzymes due to its increased bakery product manufacturing. Asia Pacific will be the biggest consumer of enzymes.

Products such as leavening agents or emulsifiers, which enhance the flavor, texture, and other properties of the bakery product, will also see significant growth in the forecast period 2017-2025.

Regional Insights

Europe held 36.2% of the global revenue share in 2016, accounting for 36.2 percent of total revenue. The changing lifestyles of people have led to a greater demand for processed and packaged food. Bakery products are still the mainstay food in Europe and North America. The ongoing revolution in the food processing sector is leading to the development of new packaged foods that cater to the increasing demand for convenience food by consumers in Europe, North America and Asia.

Asia-Pacific was the third-largest regional segment in 2016, and will experience the fastest growth due to the increasing demand from China, India, Japan. The growing preference for western-style food will fuel product demand in the developing world. Over the forecast period, strict regulations regarding the use limit for certain baking ingredients may pose a challenge to manufacturing processes.

Insights into the Baking Ingredients Market

Flowers Foods Inc., Hostess Brands LLC., Mckee FoodsCorporation. Grupo Bimbo. S.A.B. de C.V., Uniferm GmbH & Co., Koninklijke DSM N.V, General Mills Inc, Associated British Foods Plc.

Manufacturers have had to concentrate on innovation, large production scales, and a competitive pricing structure due to fierce competition from both domestic and global players. Many manufacturers invest in R&D in order to create diverse products that meet the needs of different consumers.

Many companies are now integrating vertically using third-party agreements, acquisitions, and partnerships to capitalize on the potential of different geographies. As part of their goal to increase profitability, companies acquire small businesses that produce high-quality ingredients and have dynamic growth rates.

The report covers segments

This report forecasts revenue growth and revenue at the global, regional and country levels. It also provides analysis of industry trends for each sub-segment from 2014 through 2025. Up Market Research has divided the global baking ingredients market based on end-use, product type and region.

  • End-use Outlook (Revenue USD Million, 2014-2025)

    • Bread

    • Cookies & Biscuits

    • Pastries & Cakes

    • Rolls & Pies

    • Other

  • Product Type Outlook (Revenue USD Millions, 2014-2025)

    • Emulsifiers

    • Leavening Agents

    • Enzymes

    • Baking Powder and Mixes

    • Oils, fats, and shortenings

    • Colors & Flavors

    • Starch

  • Regional Outlook (Revenue USD Million, 2014-2025)

    • North America

      • The U.S.

    • Europe

      • UK

      • Germany

      • France

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

      • Brazil

    • MEA

Up Market Research published a new report titled “Baking Ingredients Market research report which is segmented by End-Use (Bread, Cookies & Biscuits, Cakes & Pastries, Rolls & Pies), By Players/Companies Koninklijke DSM NV, Grupo Bimbo SAB de CV, General Mills Inc, Flowers Foods Inc, George Weston Ltd, Mckee FoodsCorporation, Associated British Foods Plc, Uniferm GmbH & Co, Hostess Brands LLC”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

Report AttributesReport Details
Report TitleBaking Ingredients Market Research Report
By End-UseBread, Cookies & Biscuits, Cakes & Pastries, Rolls & Pies
By CompaniesKoninklijke DSM NV, Grupo Bimbo SAB de CV, General Mills Inc, Flowers Foods Inc, George Weston Ltd, Mckee FoodsCorporation, Associated British Foods Plc, Uniferm GmbH & Co, Hostess Brands LLC
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages232
Number of Tables & Figures163
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Baking Ingredients Industry Outlook

Global Baking Ingredients Market Report Segments:

The market is segmented by End-Use (Bread, Cookies & Biscuits, Cakes & Pastries, Rolls & Pies).

Baking Ingredients Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Baking Ingredients Market

Overview of the regional outlook of the Baking Ingredients Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Baking Ingredients Market Overview

Highlights of The Baking Ingredients Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Baking Ingredients Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By End-Use:

                1. Bread

                2. Cookies & Biscuits

                3. Cakes & Pastries

                4. Rolls & Pies

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Baking Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Baking Ingredients Market Trends

Reasons to Purchase the Baking Ingredients Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Baking Ingredients Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Baking Ingredients Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Baking Ingredients Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Baking Ingredients Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Baking Ingredients Market Size & Forecast, 2018-2028 
      4.5.1 Baking Ingredients Market Size and Y-o-Y Growth 
      4.5.2 Baking Ingredients Market Absolute $ Opportunity 

Chapter 5 Global Baking Ingredients Market Analysis and Forecast by End-Use
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by End-Use
      5.1.2 Basis Point Share (BPS) Analysis by End-Use
      5.1.3 Absolute $ Opportunity Assessment by End-Use
   5.2 Baking Ingredients Market Size Forecast by End-Use
      5.2.1 Bread
      5.2.2 Cookies & Biscuits
      5.2.3 Cakes & Pastries
      5.2.4 Rolls & Pies
   5.3 Market Attractiveness Analysis by End-Use

Chapter 6 Global Baking Ingredients Market Analysis and Forecast by Region
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Region
      6.1.2 Basis Point Share (BPS) Analysis by Region
      6.1.3 Absolute $ Opportunity Assessment by Region
   6.2 Baking Ingredients Market Size Forecast by Region
      6.2.1 North America
      6.2.2 Europe
      6.2.3 Asia Pacific
      6.2.4 Latin America
      6.2.5 Middle East & Africa (MEA)
   6.3 Market Attractiveness Analysis by Region

Chapter 7 Coronavirus Disease (COVID-19) Impact 
   7.1 Introduction 
   7.2 Current & Future Impact Analysis 
   7.3 Economic Impact Analysis 
   7.4 Government Policies 
   7.5 Investment Scenario

Chapter 8 North America Baking Ingredients Analysis and Forecast
   8.1 Introduction
   8.2 North America Baking Ingredients Market Size Forecast by Country
      8.2.1 U.S.
      8.2.2 Canada
   8.3 Basis Point Share (BPS) Analysis by Country
   8.4 Absolute $ Opportunity Assessment by Country
   8.5 Market Attractiveness Analysis by Country
   8.6 North America Baking Ingredients Market Size Forecast by End-Use
      8.6.1 Bread
      8.6.2 Cookies & Biscuits
      8.6.3 Cakes & Pastries
      8.6.4 Rolls & Pies
   8.7 Basis Point Share (BPS) Analysis by End-Use 
   8.8 Absolute $ Opportunity Assessment by End-Use 
   8.9 Market Attractiveness Analysis by End-Use

Chapter 9 Europe Baking Ingredients Analysis and Forecast
   9.1 Introduction
   9.2 Europe Baking Ingredients Market Size Forecast by Country
      9.2.1 Germany
      9.2.2 France
      9.2.3 Italy
      9.2.4 U.K.
      9.2.5 Spain
      9.2.6 Russia
      9.2.7 Rest of Europe
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 Europe Baking Ingredients Market Size Forecast by End-Use
      9.6.1 Bread
      9.6.2 Cookies & Biscuits
      9.6.3 Cakes & Pastries
      9.6.4 Rolls & Pies
   9.7 Basis Point Share (BPS) Analysis by End-Use 
   9.8 Absolute $ Opportunity Assessment by End-Use 
   9.9 Market Attractiveness Analysis by End-Use

Chapter 10 Asia Pacific Baking Ingredients Analysis and Forecast
   10.1 Introduction
   10.2 Asia Pacific Baking Ingredients Market Size Forecast by Country
      10.2.1 China
      10.2.2 Japan
      10.2.3 South Korea
      10.2.4 India
      10.2.5 Australia
      10.2.6 South East Asia (SEA)
      10.2.7 Rest of Asia Pacific (APAC)
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Asia Pacific Baking Ingredients Market Size Forecast by End-Use
      10.6.1 Bread
      10.6.2 Cookies & Biscuits
      10.6.3 Cakes & Pastries
      10.6.4 Rolls & Pies
   10.7 Basis Point Share (BPS) Analysis by End-Use 
   10.8 Absolute $ Opportunity Assessment by End-Use 
   10.9 Market Attractiveness Analysis by End-Use

Chapter 11 Latin America Baking Ingredients Analysis and Forecast
   11.1 Introduction
   11.2 Latin America Baking Ingredients Market Size Forecast by Country
      11.2.1 Brazil
      11.2.2 Mexico
      11.2.3 Rest of Latin America (LATAM)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Latin America Baking Ingredients Market Size Forecast by End-Use
      11.6.1 Bread
      11.6.2 Cookies & Biscuits
      11.6.3 Cakes & Pastries
      11.6.4 Rolls & Pies
   11.7 Basis Point Share (BPS) Analysis by End-Use 
   11.8 Absolute $ Opportunity Assessment by End-Use 
   11.9 Market Attractiveness Analysis by End-Use

Chapter 12 Middle East & Africa (MEA) Baking Ingredients Analysis and Forecast
   12.1 Introduction
   12.2 Middle East & Africa (MEA) Baking Ingredients Market Size Forecast by Country
      12.2.1 Saudi Arabia
      12.2.2 South Africa
      12.2.3 UAE
      12.2.4 Rest of Middle East & Africa (MEA)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Middle East & Africa (MEA) Baking Ingredients Market Size Forecast by End-Use
      12.6.1 Bread
      12.6.2 Cookies & Biscuits
      12.6.3 Cakes & Pastries
      12.6.4 Rolls & Pies
   12.7 Basis Point Share (BPS) Analysis by End-Use 
   12.8 Absolute $ Opportunity Assessment by End-Use 
   12.9 Market Attractiveness Analysis by End-Use

Chapter 13 Competition Landscape 
   13.1 Baking Ingredients Market: Competitive Dashboard
   13.2 Global Baking Ingredients Market: Market Share Analysis, 2019
   13.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      13.3.1 Koninklijke DSM NV
      13.3.2 Grupo Bimbo SAB de CV
      13.3.3 General Mills Inc
      13.3.4 Flowers Foods Inc
      13.3.5 George Weston Ltd
      13.3.6 Mckee FoodsCorporation
      13.3.7 Associated British Foods Plc
      13.3.8 Uniferm GmbH & Co
      13.3.9 Hostess Brands LLC
Segments Covered in the Report
The global Baking Ingredients market has been segmented based on

By End-Use
  • Bread
  • Cookies & Biscuits
  • Cakes & Pastries
  • Rolls & Pies
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Koninklijke DSM NV
  • Grupo Bimbo SAB de CV
  • General Mills Inc
  • Flowers Foods Inc
  • George Weston Ltd
  • Mckee FoodsCorporation
  • Associated British Foods Plc
  • Uniferm GmbH & Co
  • Hostess Brands LLC

Buy Report