Indian Premium Tea Market

The new report by Expert Market Research titled, ‘Global Bakery Ingredients Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global bakery ingredients market, assessing the market based on its segments like ingredient types, applications, and major regions such as North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view report summary : https://www.expertmarketresearch.com/reports/bakery-ingredients-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 14.8 Billion
  • Forecast CAGR (2021-2026): 6.0%
  • Forecast Market Size (2026): USD 21 Billion

The growing demand for items like bread and biscuits is driving the global market for bakery ingredients. The growing global awareness of bakery ingredients with health benefits and little or no artificial constituents, especially in mature markets like North America and Europe, is boosting the demand for bakery ingredients. The growth of the bakery ingredients industry is being fueled by busy lifestyles and changing eating habits. People in developing economies are changing their culture and routines, and there is a growing demand for low-trans-fat and gluten-free products, which is fueling the growth of the bakery ingredients industry.

Furthermore, the rapid rise in obesity cases and increased fitness issues are driving up demand for healthy baking ingredients. Even though, the market growth may be hampered by strict regulations and the introduction of international quality standards, the potential market for frozen baking foods, combined with proactive efforts by major players to lower production costs and prolong product shelf life, is expected to support bakery ingredient market growth.

Industry Definition and Major Segments

Bakery ingredients are those that give baked goods their freshness, softness, and flavour, as well as extending their shelf life and adding protein.

Explore the full report with the table of contents : https://www.expertmarketresearch.com/reports/bakery-ingredients-market

Based on the type of ingredient, the market is divided into:

  • Baking Enzymes
  • Leavening Agents
  • Fats and Shortenings
  • Sweeteners
  • Colours and Flavours
  • Preservatives
  • Others

Based on the application, the market is divided into:

  • Bread
  • Cake and Pastries
  • Biscuit and Cookies
  • Rolls, Puffs, and Pies
  • Others

Based on the region, the market can be segmented into:

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa

Market Trends

Shifting consumer lifestyles, rising demand for gluten-free items, rising preference for convenience foods, and rising demand for natural and balanced ingredients are driving the global market for baking ingredients. Due to the demand for bakery products and the use of advanced technologies in the production of baked goods, Europe is expected to hold the largest market share during the forecast era.

Key Market Players

The major players in the market are Cargill Incorporated, Koninklijke DSM N.V., DuPont de Nemours Inc., Ingredion Incorporated, Kerry Group plc, EMU AG and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform,  https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com/), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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By Expert Market Research

The new report by Expert Market Research titled, ‘Global Advanced Driver Assistance Systems (ADAS) Market Report and Forecast 2020-2025’, gives an in-depth analysis of the global advanced driver assistance systems (ADAS) market, assessing the market based on its segments like offerings, sensor types, system types, levels of autonomy, distribution channels, vehicle types, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.