Asia Pacific Baking Ingredients Market Forecast to 2028

Report Code : BMIRE00025365 | Region : Asia Pacific | Industry : Food and Beverages | Published Date : 15/Jul/2022

Asia Pacific Baking Ingredients Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Baking Powder & Mixes, Emulsifiers, Enzymes, Starches, Colors & Flavors, Oils, Fats & Shortening, and Others) and Application (Breads & Rolls, Biscuits & Cookies, Cakes & Pastries, and Others)

The APAC baking ingredients market is expected to grow from US$ 5,168.37 million in 2022 to US$ 7,086.66 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2022 to 2028.

Consumers are actively seeking health benefits from the food products they consume. Moreover, they have become more health-conscious amid the COVID-19 pandemic. Such consumers analyze the nutritional value of bakery products, putting a greater emphasis on fibers and probiotic content, plant proteins, and lower sugar content. Many consumers increase their fiber intake to manage their weight and support digestive health. Therefore, the manufacturers of bakery products are using fiber-rich ingredients such as whole grain flours to meet the rising demand for high-fiber bakery products. As a result, the popularity of products such as digestive biscuits, high-fiber cookies, and whole wheat bread is growing significantly. The demand for natural sweeteners such as honey, coconut sugar, and maple syrup has also surged in the last several years, as these sweeteners have low calorific value than table sugar and offer similar flavor and texture to bakery products as offered by conventional sweeteners. Nowadays, consumers are concerned about their daily intake of nutrients and seek products that may supplement their diet with additional vitamins, minerals, and proteins. DSM, one of the leading ingredient companies, offers ingredients such as omega-3 powder and vitamin D powder, which can be employed in a broad range of bakery applications, including bread, cookies, rolls, cakes, muffins, bagels, and waffles. With the burgeoning importance of gut health, people have begun including probiotics in their diets to ensure good gut health. Bakery manufacturers are also experimenting with probiotics to develop innovative products with digestive health claims.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC baking ingredients market . The APAC baking ingredients market is expected to grow at a good CAGR during the forecast period.

APAC Baking Ingredients Market Revenue and Forecast to 2028 (US$ Million)

APAC Baking Ingredients Market Segmentation

The APAC baking ingredients market is analyzed based on type, application, and country. Based on type, the market is segmented into baking powder & mixes, emulsifiers, enzymes, starches, colors & flavors, oils, fats & shortenings, and others. The others segment dominated the market in 2022 and emulsifiers segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into breads & rolls, biscuits & cookies, cakes & pastries, and others. The breads & rolls segment dominated the market in 2022 and cakes & pastries segment expected to be fastest growing during forecast period. Based on country, the APAC baking ingredients market is segmented into China, Japan, India, South Korea, Australia, and the Rest of APAC.

AAK AB; ADM; Associated British Foods plc; British Bakels; Cargill, Incorporated; Corbion; Dawn Food Products Inc.; International Flavours & Fragrances; Kerry; and Koninklijke DSM N.V. are among the leading companies in the APAC baking ingredients market.

The List of Companies - Asia Pacific Baking Ingredients Market

● AAK AB

● ADM

● Associated British Foods plc

● British Bakels

● Cargill, Incorporated

● Corbion

● Dawn Food Products Inc.

● International Flavours & Fragrances

● Kerry

● Koninklijke DSM N.V.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

4. APAC Baking Ingredients Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Expert Opinion

4.4 Ecosystem Analysis

5. APAC Baking Ingredients Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growth of Bakery Sector

5.1.2 Surging Demand for Organic and Clean-label Bakery Ingredients

5.2 Market Restraints

5.2.1 Increasing Health Concerns

5.3 Market Opportunities

5.3.1 Escalating Demand for Functional Ingredients

5.4 Future Trends

5.4.1 Surging Trend of Indulgent Consumption

5.5 Impact Analysis of Drivers and Restraints

6. Baking Ingredients Market – APAC Analysis

6.1 APAC Baking Ingredients Market Overview

6.2 APAC Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Baking Ingredients Market Analysis – By Type

7.1 Overview

7.2 APAC Baking Ingredients Market, By Type (2021 and 2028)

7.3 Baking Powder & Mixes

7.3.1 Overview

7.3.2 Baking Powder & Mixes: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Emulsifiers

7.4.1 Overview

7.4.2 Emulsifiers: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Enzymes

7.5.1 Overview

7.5.2 Enzymes: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Starches

7.6.1 Overview

7.6.2 Starches: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Colors & Flavors

7.7.1 Overview

7.7.2 Colors & Flavors: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

7.8 Oils, Fats & Shortenings

7.8.1 Overview

7.8.2 Oils, Fats & Shortenings: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

7.9 Others

7.9.1 Overview

7.9.2 Others: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Baking Ingredients Market Analysis – By Application

8.1 Overview

8.2 APAC Baking Ingredients Market, By Application (2021 and 2028)

8.3 Breads & Rolls

8.3.1 Overview

8.3.2 Breads & Rolls: Baking Ingredients Market– Revenue and Forecast to 2028 (US$ Million)

8.4 Biscuits & Cookies

8.4.1 Overview

8.4.2 Biscuits & Cookies: Baking Ingredients Market– Revenue and Forecast to 2028 (US$ Million)

8.5 Cakes & Pastries

8.5.1 Overview

8.5.2 Cakes & Pastries: Baking Ingredients Market– Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others: Baking Ingredients Market– Revenue and Forecast to 2028 (US$ Million)

9. APAC Baking Ingredients Market – Country Analysis

9.1 Overview

9.1.1 APAC: Baking Ingredients Market, by Key Country

9.1.1.1 China: Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 China: Baking Ingredients Market, By Type

9.1.1.1.2 China: Baking Ingredients Market, by Application

9.1.1.2 Japan: Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 Japan: Baking Ingredients Market, By Type

9.1.1.2.2 Japan: Baking Ingredients Market, by Application

9.1.1.3 India: Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 India: Baking Ingredients Market, By Type

9.1.1.3.2 India: Baking Ingredients Market, by Application

9.1.1.4 South Korea: Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1 South Korea: Baking Ingredients Market, By Type

9.1.1.4.2 South Korea: Baking Ingredients Market, by Application

9.1.1.5 Australia: Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1 Australia: Baking Ingredients Market, By Type

9.1.1.5.2 Australia: Baking Ingredients Market, by Application

9.1.1.6 Rest of APAC: Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1 Rest of APAC: Baking Ingredients Market, By Type

9.1.1.6.2 Rest of APAC: Baking Ingredients Market, by Application

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 New Product Development

11. Company Profiles

11.1 Cargill, Incorporated

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 ADM

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Associated British Foods plc.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Koninklijke DSM N.V.

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Kerry

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 AAK AB

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 British Bakels

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Corbion

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 International Flavors & Fragrances Inc.

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Dawn Food Products Inc.

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About the Insight Partners

12.2 Word Index

LIST OF TABLES.

Table 1. APAC Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. China Baking Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. China Baking Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. Japan Baking Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. Japan Baking Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6. India Baking Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. India Baking Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. South Korea Baking Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. South Korea Baking Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10. Australia Baking Ingredients Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 11. Australia Baking Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12. Rest of APAC Baking Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Rest of APAC Baking Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. List of Abbreviation

The List of Companies - Asia Pacific Baking Ingredients Market

● AAK AB

● ADM

● Associated British Foods plc

● British Bakels

● Cargill, Incorporated

● Corbion

● Dawn Food Products Inc.

● International Flavours & Fragrances

● Kerry

● Koninklijke DSM N.V.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC baking ingredients market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the APAC baking ingredients market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the baking ingredients market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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