Asia-Pacific Bakery Ingredients Market Size (2024 - 2029)

The Asia-Pacific bakery ingredients market is experiencing growth driven by the increasing demand for processed bakery products and a rising consumer preference for clean label and healthy ingredients. This trend is further supported by the growing interest in gluten-free bakery products, leading to a higher demand for gluten-free flour. Companies in the region are focusing on innovation to meet these consumer demands, particularly in functional bakery ingredients such as high fiber, fat replacers, fortified flour, and starches.

Home Market Analysis Food & Beverage Research Food Ingredients and Food Additives Research Bakery Ingredients Research Asia-Pacific Baking Ingredients Market Market Size

Market Size of Asia-Pacific Bakery Ingredients Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Picture1
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.19 %
Market Concentration Low

Major Players

Asia-Pacific Bakery Ingredients Market Major Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

APAC Bakery Ingredients Market Analysis

The Asia-Pacific bakery ingredient marketis projected to grow ata CAGR of 7.19% during the forecast period of 2020-2025.

  • The Asia-Pacific bakery ingredient marketis driven by the rising demand for processed bakery products, with growing awareness among consumers for clean label products and healthy ingredients.
  • There is an increasing demand for gluten-free bakery products, thus bolstering the demand for gluten-free flour in the region. Companies are investing significantly in innovation-driven projects, to cater to consumer demands, with special focus on functional bakery ingredients, including high fiber, fat replacer/substitute, fortified flour, and starches.

APAC Bakery Ingredients Industry Segmentation

Asia-Pacific Bakery Ingredients Market is Segmented by ingredient type which includes sweetener, dairy ingredients, leaviening agents, emulsifier, preservative, baking enzyme, color and flavor and the other Ingredients.The market is also segmented by application including bread, cakes and pastries, rolls and pies, cookies and biscuits and others, The study also involves the analysis of regions such as India, China, Japan, Australia and rest of Asia-Pacific.

 

Ingredient Type
Sweetener
Dairy Ingredients
Leavening Agents
Emulsifier
Preservative
Baking Enzyme
Color and Flavor
Others
By Application
Bread
Cake and Pastries
Rolls and Pies
Cookies and Biscuits
Others
Geography
India
China
Japan
Australia
Rest of Asia-Pacific
Need A Different Region Or Segment?
Customize Now

Asia-Pacific Bakery Ingredients Market Size Summary

The Asia-Pacific bakery ingredients market is experiencing significant growth, driven by an increasing demand for processed bakery products and a rising consumer preference for clean label and healthy ingredients. This trend is further supported by the growing popularity of gluten-free bakery products, which has led to a surge in demand for gluten-free flour and other functional ingredients such as high fiber, fat replacers, and fortified flour. Companies in the region are heavily investing in innovation to meet these consumer demands, focusing on natural flavors and colors to enhance product appeal. The use of functional flours derived from rice and legumes is also on the rise, catering to consumers with gluten intolerance by replacing the functionality of gluten in baked goods.

In India, the bakery ingredients market is characterized by a mix of organized and unorganized sectors, with major players like Britannia and Biskfarm contributing to the competitive landscape. The proliferation of bakery café chains and the growing popularity of a variety of baked goods, including muffins and savory products, are reshaping the market dynamics. The market is fragmented, with key players such as Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, and Cargill holding significant shares in the emulsifiers segment. Companies like DSM and CHR Hansen are prominent in the enzymes market, while Corbion and Tate & Lyle are active globally, with a focus on product launches and expansions to strengthen their market presence.

Explore More

Asia-Pacific Bakery Ingredients Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porters Five Force Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Ingredient Type

      1. 2.1.1 Sweetener

      2. 2.1.2 Dairy Ingredients

      3. 2.1.3 Leavening Agents

      4. 2.1.4 Emulsifier

      5. 2.1.5 Preservative

      6. 2.1.6 Baking Enzyme

      7. 2.1.7 Color and Flavor

      8. 2.1.8 Others

    2. 2.2 By Application

      1. 2.2.1 Bread

      2. 2.2.2 Cake and Pastries

      3. 2.2.3 Rolls and Pies

      4. 2.2.4 Cookies and Biscuits

      5. 2.2.5 Others

    3. 2.3 Geography

      1. 2.3.1 India

      2. 2.3.2 China

      3. 2.3.3 Japan

      4. 2.3.4 Australia

      5. 2.3.5 Rest of Asia-Pacific

Asia-Pacific Bakery Ingredients Market Size FAQs

The Asia-Pacific Bakery Ingredients Market is projected to register a CAGR of 7.19% during the forecast period (2024-2029)

Cargill Inc,, The Archer Daniels Midland Company, Kerry Group, Lesaffre and Associated British Foods plc are the major companies operating in the Asia-Pacific Bakery Ingredients Market.

Asia Bakery Ingredients Market Report Snapshots

Asia-Pacific Bakery Ingredients Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)