Bakery Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global bakery ingredients market is set for notable expansion, projected to grow from $11.09 billion in 2024 to $17.25 billion by 2031, reflecting a CAGR of 6.60%. As these trends gain momentum, manufacturers are responding with innovative products and solutions designed to meet the evolving demands of consumers, creating a dynamic and competitive Analysis in the bakery ingredients industry.

Surge in Demand for Convenience Foods

In today's fast-paced world, convenience foods have become a crucial part of daily life for many consumers. This trend is particularly evident in regions such as North America, Europe, and parts of Asia, where the demand for bakery products, desserts, and fast food is on the rise. The hectic lifestyles of modern consumers have led to a growing reliance on quick and easy meal options, with bakery products emerging as a popular choice due to their versatility, taste, and convenience.

The increasing demand for convenience foods is closely linked to the growing popularity of bakery products. Bakery ingredients are essential in ensuring that these products meet consumer expectations regarding taste, texture, and shelf life. Consequently, there has been a rising demand for bakery enzymes, flavors, specialty ingredients, and other components that enhance the quality and appeal of bakery products.

Increasing Global Consumption of Baked Goods

The global consumption of bakery products has been steadily rising, with Europe standing out as a dominant market. Countries like the United Kingdom, Germany, France, and Italy have witnessed significant growth in the per capita consumption of bread and other baked goods. Bread, in particular, remains a staple food in many regions, contributing to the strong demand for bakery ingredients.

This trend is not confined to developed markets. In developing regions, the influence of Western lifestyles, coupled with rising disposable incomes and urbanization, is driving the demand for baking kits and ingredients. The adoption of Western dietary habits, including the consumption of baked goods, is becoming increasingly common in countries across Asia, further boosting the market for bakery ingredients.

Bread continues to hold a significant market share among bakery products, with high global consumption rates. This underscores the importance of bakery ingredients in the production of bread and other baked goods, as manufacturers strive to meet the growing demand for high-quality products.

Shift Towards Healthier Bakery Ingredients

As consumers become more health-conscious, there is a noticeable shift towards bakery products that are seen as healthier alternatives to traditional options. This trend is particularly evident in the increasing demand for gluten-free, low-sugar, and additive-free bakery products. Consumers are paying closer attention to the ingredients in their food and are seeking out products that align with their health and wellness goals.

In response to these changing preferences, manufacturers are innovating with new ingredients and formulations that cater to the demand for healthier options. For example, some companies are exploring alternatives to high fructose corn syrup, while others are developing bakery ingredients that offer enhanced nutritional benefits. This trend is expected to continue as consumers become more informed about the impact of their food choices on their health.

In markets like Singapore, there is a growing preference for reduced sugar and antioxidant-rich bakery products, reflecting a broader global trend towards healthier eating. Manufacturers are capitalizing on this trend by introducing products that not only taste good but also offer health benefits, such as improved nutrition and reduced sugar content.

Challenges Posed by Market Fragmentation

Despite the positive growth outlook, the global bakery ingredients market faces challenges due to its highly fragmented nature. The market is characterized by a diverse range of players, including large multinational corporations, medium-sized enterprises, and small local bakeries. In urban areas, international brands dominate, while in rural regions, local and artisanal bakeries are more prevalent.

This fragmentation can lead to disparities in market behavior, particularly in regions like Southeast Asia, where the market is highly diverse. The presence of numerous small players can make it difficult for larger companies to establish a strong foothold, potentially limiting market growth in certain areas.

However, in regions like Europe and North America, the market has seen significant consolidation through mergers and acquisitions. These strategic moves have enabled companies to expand their market presence, reduce competition, and enhance their production capabilities. For instance, the acquisition of bakery ingredient businesses by major players has allowed them to tap into new markets and offer a wider range of products.

Regional Insights: Europe and North America at the Forefront

Europe continues to be a leading market for bakery ingredients, with countries such as Poland, Italy, and Russia showing strong growth potential. These countries are expected to experience robust demand for high-quality baking ingredients, supported by the expansion of both traditional trade channels and modern retail formats. The European market is likely to remain a key driver of growth for the global bakery ingredients industry.

In North America, Canada is emerging as a promising market for bakery ingredients. The rising consumption of bakery products, including bread, rolls, and cakes, is driving demand for baking tools and ingredients. Canada's significant market share within the North American region underscores its importance as a growth market for bakery ingredients.

As the global bakery ingredients market continues to evolve, the combined influence of convenience, rising consumption, health consciousness, and market consolidation will shape the industry's future, offering ample opportunities for growth and innovation.

Competitive Analysis

PURATOS
Cargill, Incorporated
Siegel Egg Co.
Bakels Worldwide
Glanbia plc
Koninklijke DSM N.V.
Corbion N.V.
Efco Products, Inc.
KANEKA Corporation
IREKS GmbH
Kerry Group Plc
Lallemand, Inc.
Martin Braun KG
Novozymes

Categorization of Bakery Ingredients Industry Research

Bakery Ingredients Market by Product Type:

Enzymes
Emulsifiers
Colors & Flavors
Yeast
Fats & Oils

Bakery Ingredients Market by Application:

Bread
Cakes and Pastries
Cookies & Biscuits
Others

Bakery Ingredients Market by Distribution Channel:

Traditional Trade
Modern Trade
Industrial
Foodservice (HoReCa)

Bakery Ingredients Market by Region:

North America Bakery Ingredients Market
Latin America Bakery Ingredients Market
Europe Bakery Ingredients Market
East Asia Bakery Ingredients Market
South Asia and Pacific Bakery Ingredients Market
Middle East and Africa Bakery Ingredients Market

1. Executive Summary

1.1. Global Bakery Ingredients Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Bakery Ingredients Market Outlook, 2019 - 2031

3.1. Global Bakery Ingredients Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Enzymes
  - 3.1.1.2. Emulsifiers
  - 3.1.1.3. Colors & Flavors
  - 3.1.1.4. Yeast
  - 3.1.1.5. Fats & Oils
3.2. Global Bakery Ingredients Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Bread
  - 3.2.1.2. Cakes and Pastries
  - 3.2.1.3. Cookies & Biscuits
  - 3.2.1.4. Others
3.3. Global Bakery Ingredients Market Outlook, by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Traditional Trade
  - 3.3.1.2. Modern Trade
  - 3.3.1.3. Industrial
  - 3.3.1.4. Foodservice (HoReCa)
3.4. Global Bakery Ingredients Market Outlook, by Region, Value (US$ Bn), 2019 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Bakery Ingredients Market Outlook, 2019 - 2031

4.1. North America Bakery Ingredients Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Enzymes
  - 4.1.1.2. Emulsifiers
  - 4.1.1.3. Colors & Flavors
  - 4.1.1.4. Yeast
  - 4.1.1.5. Fats & Oils
4.2. North America Bakery Ingredients Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Bread
  - 4.2.1.2. Cakes and Pastries
  - 4.2.1.3. Cookies & Biscuits
  - 4.2.1.4. Others
4.3. North America Bakery Ingredients Market Outlook, by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Traditional Trade
  - 4.3.1.2. Modern Trade
  - 4.3.1.3. Industrial
  - 4.3.1.4. Foodservice (HoReCa)
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Bakery Ingredients Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 4.4.1.2. U.S. Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 4.4.1.3. U.S. Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 4.4.1.4. Canada Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 4.4.1.5. Canada Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 4.4.1.6. Canada Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Bakery Ingredients Market Outlook, 2019 - 2031

5.1. Europe Bakery Ingredients Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Enzymes
  - 5.1.1.2. Emulsifiers
  - 5.1.1.3. Colors & Flavors
  - 5.1.1.4. Yeast
  - 5.1.1.5. Fats & Oils
5.2. Europe Bakery Ingredients Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Bread
  - 5.2.1.2. Cakes and Pastries
  - 5.2.1.3. Cookies & Biscuits
  - 5.2.1.4. Others
5.3. Europe Bakery Ingredients Market Outlook, by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Traditional Trade
  - 5.3.1.2. Modern Trade
  - 5.3.1.3. Industrial
  - 5.3.1.4. Foodservice (HoReCa)
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Bakery Ingredients Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.2. Germany Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.3. Germany Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 5.4.1.4. U.K. Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.5. U.K. Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.6. U.K. Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 5.4.1.7. France Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.8. France Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.9. France Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 5.4.1.10. Italy Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.11. Italy Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.12. Italy Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 5.4.1.13. Turkey Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.14. Turkey Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.15. Turkey Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 5.4.1.16. Russia Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.17. Russia Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.18. Russia Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 5.4.1.19. Rest of Europe Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.4.1.20. Rest of Europe Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.21. Rest of Europe Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Cassava Starch Market Outlook, 2019 - 2031

6.1. Asia Pacific Cassava Starch Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Enzymes
  - 6.1.1.2. Emulsifiers
  - 6.1.1.3. Colors & Flavors
  - 6.1.1.4. Yeast
  - 6.1.1.5. Fats & Oils
6.2. Asia Pacific Bakery Ingredients Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Bread
  - 6.2.1.2. Cakes and Pastries
  - 6.2.1.3. Cookies & Biscuits
  - 6.2.1.4. Others
6.3. Asia Pacific Bakery Ingredients Market Outlook, by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Traditional Trade
  - 6.3.1.2. Modern Trade
  - 6.3.1.3. Industrial
  - 6.3.1.4. Foodservice (HoReCa)
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Bakery Ingredients Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.2. China Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.3. China Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 6.4.1.4. Japan Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.5. Japan Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.6. Japan Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 6.4.1.7. South Korea Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.8. South Korea Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.9. South Korea Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 6.4.1.10. India Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.11. India Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.12. India Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 6.4.1.13. Southeast Asia Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.14. Southeast Asia Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.15. Southeast Asia Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 6.4.1.16. Rest of Asia Pacific Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.4.1.17. Rest of Asia Pacific Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.18. Rest of Asia Pacific Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Bakery Ingredients Market Outlook, 2019 - 2031

7.1. Latin America Bakery Ingredients Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Enzymes
  - 7.1.1.2. Emulsifiers
  - 7.1.1.3. Colors & Flavors
  - 7.1.1.4. Yeast
  - 7.1.1.5. Fats & Oils
7.2. Latin America Bakery Ingredients Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
7.3. Latin America Bakery Ingredients Market Outlook, by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Traditional Trade
  - 7.3.1.2. Modern Trade
  - 7.3.1.3. Industrial
  - 7.3.1.4. Foodservice (HoReCa)
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Bakery Ingredients Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.4.1.2. Brazil Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.3. Brazil Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 7.4.1.4. Mexico Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.4.1.5. Mexico Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.6. Mexico Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 7.4.1.7. Argentina Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.4.1.8. Argentina Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.9. Argentina Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 7.4.1.10. Rest of Latin America Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.4.1.11. Rest of Latin America Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.12. Rest of Latin America Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Bakery Ingredients Market Outlook, 2019 - 2031

8.1. Middle East & Africa Bakery Ingredients Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Enzymes
  - 8.1.1.2. Emulsifiers
  - 8.1.1.3. Colors & Flavors
  - 8.1.1.4. Yeast
  - 8.1.1.5. Fats & Oils
8.2. Middle East & Africa Bakery Ingredients Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Bread
  - 8.2.1.2. Cakes and Pastries
  - 8.2.1.3. Cookies & Biscuits
  - 8.2.1.4. Others
8.3. Middle East & Africa Bakery Ingredients Market Outlook, by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Bakery Ingredients Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.2. GCC Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.3. GCC Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 8.4.1.4. South Africa Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.5. South Africa Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.6. South Africa Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 8.4.1.7. Egypt Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.8. Egypt Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.9. Egypt Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 8.4.1.10. Nigeria Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.11. Nigeria Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.12. Nigeria Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Bakery Ingredients Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Bakery Ingredients Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Bakery Ingredients Market by Distribution Channel, Value (US$ Bn), 2019 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Distribution Channel vs by Application Heat map
9.2. Manufacturer vs by Application Heatmap
9.3. Company Market Share Analysis, 2024
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. PURATOS
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Cargill, Incorporated
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Siegel Egg Co.
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Bakels Worldwide
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Glanbia pic
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Koninklijke DSM N.V.
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Corbion N.V.
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Efco Products, Inc.
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. KANEKA Corporation
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. IREKS GmbH
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Product Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development
- 9.5.11. Kerry Group Pic
  - 9.5.11.1. Company Overview
  - 9.5.11.2. Product Portfolio
  - 9.5.11.3. Financial Overview
  - 9.5.11.4. Business Strategies and Development
- 9.5.12. Kerry Group Pic
  - 9.5.12.1. Company Overview
  - 9.5.12.2. Product Portfolio
  - 9.5.12.3. Financial Overview
  - 9.5.12.4. Business Strategies and Development
- 9.5.13. Lallemand, Inc.
  - 9.5.13.1. Company Overview
  - 9.5.13.2. Product Portfolio
  - 9.5.13.3. Financial Overview
  - 9.5.13.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations