PUBLISHER: KBV Research | PRODUCT CODE: 1461732
PUBLISHER: KBV Research | PRODUCT CODE: 1461732
The Latin America, Middle East and Africa Bread Improvers Market would witness market growth of 8.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 386.2 hundred tonnes, showcasing a growth of 9.6% (2023-2030).
Liquid improvers are indispensable components in the bread improvers market, offering a convenient and effective means to enhance the quality and consistency of bread products. These liquid formulations typically contain a variety of enzymes, emulsifiers, and other functional ingredients designed to improve dough handling, fermentation, and the final characteristics of bread. One of the primary advantages of liquid improvers is their ease of incorporation into dough formulations, allowing for uniform distribution throughout the dough and ensuring consistent results. Therefore, the Brazil market consumed 30.80 hundred tonnes of Liquid improvers in 2022.
The Brazil market dominated the LAMEA Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $54 million by 2030. The Argentina market is showcasing a CAGR of 8.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.8% during (2023 - 2030).
Improvers find applications not only in large-scale industrial bakeries but also in small artisanal settings. They contribute to streamlining production processes, ensuring consistency, and meeting high-volume demands in industrial settings. In contrast, artisanal bakers leverage improvers of bread to enhance the quality of their handcrafted products without compromising on the authenticity of their traditional methods.
Moreover, e-commerce platforms can serve as a valuable source of information and education for bakers. The valuation of the B2B e-commerce industry is projected to reach USD$36 trillion by 2026, as annual growth in e-commerce sales for B2B organizations has been consistent over the past decade. Suppliers can use online channels to provide detailed product descriptions, usage guidelines, and even tutorials on optimizing bread quality using their specific improvers. E-commerce facilitates accessibility, allowing bakeries to easily access and purchase specific improvers that may not be locally available.
The food processing sector in Brazil is experiencing a trend towards the industrialization of bakery production. Industrial bakeries increasingly adopt advanced technologies and automated processes to meet the growing demand for bakery products. As per the data released by the United States Department of Agriculture, according to the Brazilian Food Processors' Association (ABIA), Brazil's food processing sector registered revenues of R$922.6 billion (US$171 billion) in 2021, an increase of 16.9 percent compared to 2020. Hence, the rising food service and food processing sectors in LAMEA will assist in the expansion of the regional market.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA 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)