PUBLISHER: KBV Research | PRODUCT CODE: 1593727
PUBLISHER: KBV Research | PRODUCT CODE: 1593727
The Latin America, Middle East and Africa Leavening Agents Market would witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Leavening Agents Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $176.1 Million by 2031. The Argentina market is showcasing a CAGR of 8.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.4% during (2024 - 2031).
This focus on nutrition has extended to products across the baking and processed foods sectors, where brands respond by emphasizing the added health benefits of specific agents. As consumers increasingly look for foods that contribute positively to their health, these agents with inherent nutritional value stand out as attractive options.
The trajectory of this market has been significantly impacted by the environmental impact of food production, as it has become a major concern for both consumers and businesses in recent years. Sustainable sourcing and eco-friendly packaging are now priorities for many brands seeking to reduce their environmental footprint.
In South Africa, the story of these agents is a culinary exploration driven by urbanization and a growing cafe culture. South Africans are branching out from traditional fare, embracing international baked goods that require specialized leavening for consistent quality. The trend is underscored by a growing desire for health-oriented products like gluten-free and low-sugar baked goods, elevating the need for these agents that cater to various dietary preferences. As more artisanal bakeries emerge in South Africa's cities, they're turning to natural agents like sourdough to create products that appeal to consumers looking for wholesome, minimally processed foods with that perfect crumb and aroma. Thus, the leavening agents market is expanding rapidly in this culturally rich region.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Leavening Agents Market Report Segmentation
By Application
By Form
By Country