PUBLISHER: KBV Research | PRODUCT CODE: 1461731
PUBLISHER: KBV Research | PRODUCT CODE: 1461731
The Asia Pacific Bread Improvers Market would witness market growth of 6.8% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,122.4 hundred tonnes, showcasing a growth of 6.3% (2019-2022).
Powdered improvers are indispensable assets in the bread improvers market, offering a versatile solution to enhance the quality and consistency of bread products. These powdered formulations typically contain a blend of enzymes, emulsifiers, and other functional ingredients designed to improve dough handling, fermentation, and final product characteristics. One of the key advantages of powdered improvers is their ease of use, as they can be conveniently incorporated into flour mixes or dough formulations during the production process. Therefore, the China market utilized 270.42 hundred tonnes of powdered improvers in 2022.
The China market dominated the Asia Pacific Bread Improvers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $186.7 million by 2030. The Japan market is registering a CAGR of 6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 7.5% during (2023 - 2030).
The growing prevalence of gluten-free and artisanal baking presents unique challenges that improvers are adept at addressing. In gluten-free formulations, where the absence of gluten can impact structure and texture, improvers offer solutions for achieving the desired crumb and volume. In artisanal baking, where craft and tradition meet innovation, improvers of bread maintain consistency while allowing for the artisan's creative expression. Artisanal bakers often work with diverse types of flour and may encounter variations in gluten content and dough handling characteristics.
Improvers contribute by enhancing dough handling and machinability. They provide the necessary strength and extensibility, allowing artisan bakers to easily shape and handle the dough while preserving the desired texture and crumb structure in the final product. Furthermore, natural fermentation is a hallmark of artisanal baking, contributing to the unique flavor profile of the bread. However, temperature and humidity can influence the natural process, leading to variations in fermentation times. Bread assist in managing and optimizing fermentation, ensuring a more predictable rise and contributing to a consistent flavor profile in each batch.
The Indian government has encouraged food processing industries, including bakery, through various initiatives. As per the Government of India, the Indian bakery and cereals sector had total revenues of $9,155.3m in 2021. In terms of consumption volume of baked goods in India (kgs), consumption volume increased with a growth rate of 6.8% between 2016 and 2021 to reach a total of 6.8 billion kilograms in 2021. The sector's volume is expected to rise to 8.2 billion kilograms by the end of 2026, representing a growth rate of 3.8% for the 2021-2026 period. Thus, the growing bakery and food sectors in Asia Pacific will boost the demand for frozen dough in the region.
Based on Form, the market is segmented into Powdered, and Liquid. Based on Type, the market is segmented into Emulsifiers, Enzymes, Oxidizing Agents, Reducing Agents, and Acidulants. Based on Application, the market is segmented into Bread, Buns, & Rolls, Cakes, Pastries, Pizza Dough, and Others. Based on End User, the market is segmented into Artisanal Bakeries, Bakery Chains, Industrial Bakeries, Quick-service Restaurants, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Bread Improvers Market Report Segmentation
By Form (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Type (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By End User (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)