Europe Baking Ingredients Market Forecast to 2028

Europe 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)
Report Code : BMIRE00025366 | Region : Europe | Industry : Food and Beverages | Published Date : 15/Jul/2022

The Europe baking ingredients market is expected to grow from US$ 4,743.01 million in 2022 to US$ 6,226.73 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2022 to 2028.

In recent years, people have become increasingly concerned about the ingredients used in the food products they consume. Consumer preferences are shifting toward more natural, organic, and less processed food products as they perceive these products to be healthier and of superior quality than the conventional ones. Moreover, consumers believe that organic and clean-label products provide better nutritional benefits and are more sustainable than traditional products. In the bakery sector, clean-label and organic trends rapidly influence consumers' buying behaviors. As a result, the demand for natural and recognizable baking ingredients, such as natural sweeteners, flavors, and preservatives, is growing rapidly. They actively examine product labels and look for products free from artificial or chemical additives. Organic, gluten-free, and GMO-free (genetically modified ingredients) bakery ingredients such as organic flours have gained significant traction among consumers. Several companies offer a broad portfolio of certified organic flours to meet the changing consumer preferences. The demand for enzymes across the bakery sector has grown significantly in recent years as they eliminate the use of artificial or chemical additives and fulfill clean-label requirements. Enzymes improve dough stability and flour performance throughout the baking process, increasing the overall shelf life of bakery products. Moreover, they enhance the crumb strength, texture, and volume. Recently, sourdough bread has gained huge traction among consumers as it is naturally livened without using conventional yeast. Sourdough is a natural livening agent made of flour and water, and it is also known as a bread starter. The microorganisms in sourdough utilize starch and minerals present in the flour to ferment and raise the bread's volume, whereas organic molecules produce flavors. As a result, baking ingredients manufacturers focus on offering products that meet the rising consumer demand for clean-label and organic bakery products

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 Europe baking ingredients market . The Europe baking ingredients market is expected to grow at a good CAGR during the forecast period.

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

Europe Baking Ingredients Market Segmentation

The Europe 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 Europe baking ingredients market is segmented into the Germany, France, Italy, UK, Russia, and Rest of Europe.

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 Europe baking ingredients market.

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. Europe 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. Europe Baking Ingredients Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Escalating Bakery Sector

5.1.2 Growing 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 Rising Demand for Functional Ingredients

5.4 Future Trends

5.4.1 Growing Trend of Indulgent Consumption

5.5 Impact Analysis of Drivers and Restraints

6. Baking Ingredients Market – Europe Analysis

6.1 Europe Baking Ingredients Market Overview

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

7. Europe Baking Ingredients Market Analysis – By Type

7.1 Overview

7.2 Europe 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. Europe Baking Ingredients Market Analysis – By Application

8.1 Overview

8.2 Europe 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. Europe Baking Ingredients Market – Country Analysis

9.1 Overview

9.1.1 Europe: Baking Ingredients Market, by Key Country

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

9.1.1.1.1 Germany: Baking Ingredients Market, By Type

9.1.1.1.2 Germany: Baking Ingredients Market, by Application

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

9.1.1.2.1 France: Baking Ingredients Market, By Type

9.1.1.2.2 France: Baking Ingredients Market, by Application

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

9.1.1.3.1 UK: Baking Ingredients Market, By Type

9.1.1.3.2 UK: Baking Ingredients Market, by Application

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

9.1.1.4.1 Italy: Baking Ingredients Market, By Type

9.1.1.4.2 Italy: Baking Ingredients Market, by Application

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

9.1.1.5.1 Russia: Baking Ingredients Market, By Type

9.1.1.5.2 Russia: Baking Ingredients Market, by Application

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

9.1.1.6.1 Rest of Europe: Baking Ingredients Market, By Type

9.1.1.6.2 Rest of Europe: 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. Europe Baking Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

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

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

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

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

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

Table 14.   List of Abbreviation

LIST OF FIGURES.

Figure 1. Europe Baking Ingredients Market Segmentation

Figure 2. Europe Baking Ingredients Market Segmentation – By Country

Figure 3. Europe Baking Ingredients Market Overview

Figure 4. Europe Baking Ingredients Market: By Application

Figure 5. Europe Baking Ingredients Market: By Country

Figure 6. Porter's Five Forces Analysis

Figure 7. Expert Opinion

Figure 8. Ecosystem: Europe Baking Ingredients Market

Figure 9. Europe Baking Ingredients Market Impact Analysis of Drivers and Restraints

Figure 10.   Europe: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.   Europe Baking Ingredients Market Revenue Share, By Type (2021 and 2028)

Figure 12.   Europe Baking Powder & Mixes: Baking Ingredients Market – Revenue and Forecast To 2028 (US$ Million)

Figure 13.   Europe Emulsifiers: Baking Ingredients Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.   Europe Enzymes: Baking Ingredients Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15.   Europe Starches: Baking Ingredients Market – Revenue and Forecast To 2028 (US$ Million)

Figure 16.   Europe Colors & Flavors: Baking Ingredients Market – Revenue and Forecast To 2028 (US$ Million)

Figure 17.   Europe Oils, Fats & Shortenings: Baking Ingredients Market – Revenue and Forecast To 2028 (US$ Million)

Figure 18.   Europe Others: Baking Ingredients Market – Revenue and Forecast To 2028 (US$ Million)

Figure 19.   Europe Baking Ingredients Market Revenue Share, By Application (2021 and 2028)

Figure 20.   Europe Breads & Rolls: Baking Ingredients Market– Revenue and Forecast To 2028 (US$ Million)

Figure 21.   Europe Biscuits & Cookies: Baking Ingredients Market– Revenue and Forecast To 2028 (US$ Million)

Figure 22.   Europe Cakes & Pastries: Baking Ingredients Market– Revenue and Forecast To 2028 (US$ Million)

Figure 23.   Europe Others: Baking Ingredients Market– Revenue and Forecast To 2028 (US$ Million)

Figure 24.   Europe: Baking Ingredients Market, by Key Country – Revenue (2021) (US$ Million)

Figure 25.   Europe: Baking Ingredients Market Revenue Share, by Key Country (2021 and 2028)

Figure 26.   Germany: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.   France: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.   UK: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.   Italy: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.   Russia: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.   Rest of Europe: Baking Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Europe 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.

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe 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 Europe 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 Europe 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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