PUBLISHER: KBV Research | PRODUCT CODE: 1593723
PUBLISHER: KBV Research | PRODUCT CODE: 1593723
North America Leavening Agents Market Size, Share & Trends Analysis Report By Application, By Form (Biological, Chemical, and Other Forms), By Country and Growth Forecast, 2024 - 2031
The North America Leavening Agents Market would witness market growth of 5.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Leavening Agents Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,375.7 Million by 2031. The Canada market is experiencing a CAGR of 7.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.6% during (2024 - 2031).
These agents, also called raising agents, are used in the production of goods such as bread, cakes, biscuits, and pastries by causing the expansion of batters and doughs by releasing gases within the mixtures. These agents add volume and improve the texture, making baked goods airy and giving them a tender, fluffy consistency.
As consumer tastes expand with globalization, so does the diversity of bakery products in demand. Exposure to international cuisines through media, travel, and social platforms has encouraged people to seek foods from different cultures, many of which feature baked goods that require unique leavening techniques.
Mexico's food sector presents substantial opportunities for these agents, especially given its projected contribution of approximately $39.4 billion to the country's GDP in 2020, as the United States Department of Agriculture reported. The food industry in Mexico is expanding at an average annual rate of 4.3 percent, which is supporting a developing market for these agents in traditional and industrial baking. In these sectors, consistency, efficiency, and product quality are essential. Mexico's extensive retail landscape further bolsters this market, as a well-developed distribution network supports access to baked goods that rely on various leaveners. By 2020, Mexico featured 31 supermarket chains with 3,435 stores, 2,484 department stores, and 62,377 specialized stores, facilitating the widespread availability of baked products. This accessibility fuels demand for leavening agents as retail outlets continue to meet consumer demand for fresh and packaged baked goods nationwide. Hence, the region will present lucrative growth opportunities for the market.
Based on Application, the market is segmented into Food, Personal & Health Care, and Other Applications. Based on Form, the market is segmented into Biological, Chemical, and Other Forms. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Koninklijke DSM N.V.
- Archer Daniels Midland Company
- Associated British Foods PLC (Wittington Investments Limited)
- Corbion N.V.
- Kerry Group plc.
- Novozymes A/S (Novo Holdings A/S)
- Cargill, Incorporated
- Puratos NV/SA
- SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG)
- Lesaffre Group
North America Leavening Agents Market Report Segmentation
By Application
- Food
- Personal & Health Care
- Other Applications
By Form
- Biological
- Chemical
- Other Forms
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Leavening Agents Market, by Application
- 1.4.2 North America Leavening Agents Market, by Form
- 1.4.3 North America Leavening Agents Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Leavening Agents Market by Application
- 4.1 North America Food Market by Country
- 4.2 North America Personal & Health Care Market by Country
- 4.3 North America Other Applications Market by Country
Chapter 5. North America Leavening Agents Market by Form
- 5.1 North America Biological Market by Country
- 5.2 North America Chemical Market by Country
- 5.3 North America Other Forms Market by Country
Chapter 6. North America Leavening Agents Market by Country
- 6.1 US Leavening Agents Market
- 6.1.1 US Leavening Agents Market by Application
- 6.1.2 US Leavening Agents Market by Form
- 6.2 Canada Leavening Agents Market
- 6.2.1 Canada Leavening Agents Market by Application
- 6.2.2 Canada Leavening Agents Market by Form
- 6.3 Mexico Leavening Agents Market
- 6.3.1 Mexico Leavening Agents Market by Application
- 6.3.2 Mexico Leavening Agents Market by Form
- 6.4 Rest of North America Leavening Agents Market
- 6.4.1 Rest of North America Leavening Agents Market by Application
- 6.4.2 Rest of North America Leavening Agents Market by Form
Chapter 7. Company Profiles
- 7.1 Koninklijke DSM N.V.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
- 7.2 Archer Daniels Midland Company
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Acquisition and Mergers:
- 7.2.6 SWOT Analysis
- 7.3 Associated British Foods PLC (Wittington Investments Limited)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
- 7.4 Corbion N.V.
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
- 7.5 Kerry Group PLC
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
- 7.6 Novozymes A/S (Novo Holdings A/S)
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 SWOT Analysis
- 7.7 Cargill, Incorporated
- 7.7.1 Company Overview
- 7.7.2 Recent strategies and developments:
- 7.7.2.1 Geographical Expansions:
- 7.7.3 SWOT Analysis
- 7.8 Puratos NV/SA
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG)
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. Lesaffre Group
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Leavening Agents Market, 2020 - 2023, USD Million
- TABLE 2 North America Leavening Agents Market, 2024 - 2031, USD Million
- TABLE 3 North America Leavening Agents Market by Application, 2020 - 2023, USD Million
- TABLE 4 North America Leavening Agents Market by Application, 2024 - 2031, USD Million
- TABLE 5 North America Food Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Food Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Personal & Health Care Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Personal & Health Care Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Other Applications Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Other Applications Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Leavening Agents Market by Form, 2020 - 2023, USD Million
- TABLE 12 North America Leavening Agents Market by Form, 2024 - 2031, USD Million
- TABLE 13 North America Biological Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Biological Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Chemical Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Chemical Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Other Forms Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Other Forms Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Leavening Agents Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Leavening Agents Market by Country, 2024 - 2031, USD Million
- TABLE 21 US Leavening Agents Market, 2020 - 2023, USD Million
- TABLE 22 US Leavening Agents Market, 2024 - 2031, USD Million
- TABLE 23 US Leavening Agents Market by Application, 2020 - 2023, USD Million
- TABLE 24 US Leavening Agents Market by Application, 2024 - 2031, USD Million
- TABLE 25 US Leavening Agents Market by Form, 2020 - 2023, USD Million
- TABLE 26 US Leavening Agents Market by Form, 2024 - 2031, USD Million
- TABLE 27 Canada Leavening Agents Market, 2020 - 2023, USD Million
- TABLE 28 Canada Leavening Agents Market, 2024 - 2031, USD Million
- TABLE 29 Canada Leavening Agents Market by Application, 2020 - 2023, USD Million
- TABLE 30 Canada Leavening Agents Market by Application, 2024 - 2031, USD Million
- TABLE 31 Canada Leavening Agents Market by Form, 2020 - 2023, USD Million
- TABLE 32 Canada Leavening Agents Market by Form, 2024 - 2031, USD Million
- TABLE 33 Mexico Leavening Agents Market, 2020 - 2023, USD Million
- TABLE 34 Mexico Leavening Agents Market, 2024 - 2031, USD Million
- TABLE 35 Mexico Leavening Agents Market by Application, 2020 - 2023, USD Million
- TABLE 36 Mexico Leavening Agents Market by Application, 2024 - 2031, USD Million
- TABLE 37 Mexico Leavening Agents Market by Form, 2020 - 2023, USD Million
- TABLE 38 Mexico Leavening Agents Market by Form, 2024 - 2031, USD Million
- TABLE 39 Rest of North America Leavening Agents Market, 2020 - 2023, USD Million
- TABLE 40 Rest of North America Leavening Agents Market, 2024 - 2031, USD Million
- TABLE 41 Rest of North America Leavening Agents Market by Application, 2020 - 2023, USD Million
- TABLE 42 Rest of North America Leavening Agents Market by Application, 2024 - 2031, USD Million
- TABLE 43 Rest of North America Leavening Agents Market by Form, 2020 - 2023, USD Million
- TABLE 44 Rest of North America Leavening Agents Market by Form, 2024 - 2031, USD Million
- TABLE 45 Key Information - Koninklijke DSM N.V.
- TABLE 46 Key Information - Archer Daniels Midland Company
- TABLE 47 Key Information - Associated British Foods PLC
- TABLE 48 Key Information - Corbion N.V.
- TABLE 49 Key Information - Kerry Group PLC
- TABLE 50 Key Information - Novozymes A/S
- TABLE 51 Key Information - Cargill, Incorporated
- TABLE 52 Key Information - Puratos NV/SA
- TABLE 53 Key Information - SternVitamin GmbH & Co. KG
- TABLE 54 Key Information - Lesaffre Group
