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

The report covers Global Baking Ingredients Market Suppliers & Size. The market is segmented by Ingredients Type (Baking Enzymes, Leavening Agents, Fats and Shortenings, Sweeteners, Colors and Flavors, Preservatives, and Other Ingredient Types), Application (Bread, Cakes and Pastries, Rolls and Pies, Cookies and Biscuits, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The market size and values are provided in terms of (USD Million) during the forecasted years for the above segments.

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

Bakery Ingredients Industry Overview

The bakery ingredients market is highly competitive, with the presence of global players such as Cargill Inc., Archer Daniels Midland Company, Associated British Foods PLC, Kerry Group PLC, and Koninklijke DSM NV. The leading market players have been using strategies, such as partnerships, expansions, and new product launches, to increase their global presence and their productivity. Innovations in food ingredients by consumer preferences also meet the company's objectives of reducing costs. For instance, Corbion unveiled the Pristine 3000 last year, the company's most robust dough conditioning innovation yet, adding to its Pristine range of clean-label solutions. The solution enables bakers to overcome common challenges, such as wheat protein inconsistencies and high-speed processing, without relying on gluten supplementation and conventional solutions, like diacetyl tartaric acid ester of monoglycerides (DATEM).

Bakery Ingredients Market Leaders

  1. Cargill Inc.

  2. Archer Daniels Midland Company

  3. Associated British Foods Plc

  4. Kerry Group plc.

  5. Koninklijke DSM N.V

  6. *Disclaimer: Major Players sorted in no particular order
Bakery Ingredients Market Concentration