PUBLISHER: Acute Market Reports | PRODUCT CODE: 1248134
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1248134
Production of baked goods incorporates the use of improvers now a days. As per German guidelines for Bread and Small Baked items, improvers are preparations intended to facilitate the production of baked goods. Improvers improve the production methods and quality of the baked goods. Improvers regulates the uncertainties such as changes in temperatures, humidity, flour and labor preparing standardized quality end products. Substances increasingly used as improvers are the components present in food products that is being made with these improvers.
Growing need for bread improvers for enhancing the dough, sensory characteristics, better taste and shelf life are some of the factors driving the market growth. Growing demand for emulsifiers largely in bakery applications is a significant factor fueling the market. Apart from this, enzymes which are located in the outer layer of the grain kernel is responsible for holding the dough as well as reinforcing tolerance during the stages of manufacturing. Emulsifiers also improve the gas impermeability of the membrane, thus making the dough less prone to machine-driven stress at times of molding, dividing, handling, etc.
Global bread improvers market is segmented by ingredient into emulsifier, enzymes, oxidizing agents, reducing agents, and others (hydrocolloids, whipping agents and etc.). Emulsifiers segment witnessed major market potential in 2021, as these are largely used to reduce the amount of fat in bakery products as they function as dough conditioners. Emulsifiers allow oil and water to become finely dispersed in each other, thus creating a homogenous, stable and smooth emulsion. Increasing instances of obesity across the globe is a major concern for all the key food manufacturers. Packaged food industry has foreseen a considerable growth due to changing consumer preference towards packaged food and change in eating habits. This is due to changing lifestyle of consumers such as increasing number of working women, long working hours and easy access to packaged food products which are available in a wide range of cuisines. Lecithin emulsifier plays a crucial role during the processing of packaged food. Thus, increasing demand for packaged food is in turn driving the emulsifier segment in the global bread improvers market.
Based on form, the market is segmented as powder, granular and liquid/paste. Powdered segment dominated the overall market in 2021. Powdered form are distributed evenly and faster throughout the mixture thus, developing higher effectiveness and quality of bakery product is enriched. However, rising level of technical sophistication along with automatic dispensing of dosage quantities has increased the demand for paste form bread improvers, since powder can lead to congestion of ducts and dosing units.
Bread segment is estimated to grow at a rapid pace over the forecast period. Improvers are multi-functional products and ingredients interact with each other as per the type of flour and baked goods. Also, growing consumption of bread across the globe owing to availability of innovative bread offerings by bakery manufacturers is expected to be a prominent factor the market growth.
In 2021, globally, Asia Pacific market is expected to surge rapidly during the forecast period owing to strong demand from emerging economies such as China and India. Europe is the leading region and is projected to remain dominant in the coming years. This is attributed to rapid urbanization, westernization of food habits leading to increasing demand for bread and rolls as well as frozen dough and part baked products.
Puratos Group, Archer Daniels Midland Company, Group Soufflet, E.I. Du Pont De Nemours and Company, Ireks GmbH, Nutrex N.V., Lallemand Inc., Watson-Inc Lesaffre, Corbion N.V., Oriental Yeast Co., Ltd., Fazer Group., Agropur Dairy Cooperative, Associated British Foods, Royal DSM N.V., Lesaffre, Riken Vitamin Co., Ltd., Bakels Sweden, Oy Karl Fazer Ab., Laucke Flour Mills And Others.
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Bread Improvers market are as follows:
Micro and macro environment factors that are currently influencing the Bread Improvers market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.