Hexa Reports Industry Baking Ingredients Market | Page 2
In addition, increasing urbanization and improving economic conditions in transition economies is also having
a cumulative effect on the overall market. In terms of revenue, enzymes and emulsifiers were estimated as
the fastest growing ingredients. These segments are expected to register double digit growth rate in China.
Enzymes and emulsifiers have several positive influences in the baking process such as improving the dough
stability, extending shelf life, influencing fermentation activity and reduces production cost. Enzymes,
emulsifiers, leavening agents, oils, fats and shortenings help in expanding the penetration of packaged food
market.
Further key findings from the report suggest :
Enzymes as baking ingredient is expected to witness the highest growth in terms of value at a CAGR of
7.9% from 2017 to 2025. Enzymes have a prominent role in increasing the shelf-life and providing anti-
staling properties in the baked product. Furthermore, technological advancements in developing new
enzymes is expected to augment the growth over the forecast period.
Bread segment emerged as the largest end-use in terms of value in 2016 and is estimated to reach USD
8,541.6 million by 2025. Bread is a staple food in many of the countries in Europe, North America and
Central & South America and has varied application in food processing industry.
The industry in Asia Pacific is expected to witness significant growth over the next eight years owing to
rising working population and customer's inclination adapting western food life style. In terms of
revenue, the Asia Pacific is expected to grow at a CAGR of 7.2% from 2017 to 2025
Key players include Flowers Foods Inc, Hostess Brands LLC, Mckee Foods Corporation, George Weston
Ltd., Grupo Bimbo. S.A.B. de C.V., Uniferm GmbH & Co., Koninklijke DSM N.V, General Mills Inc,
Associated British Foods Plc
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Table Of Content
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Baking Ingredients Market Variables, Trends, and Scope
Chapter 4 Baking Ingredients Market: Product Type Estimates & Trend Analysis
Chapter 5 Baking Ingredients Market: End-Use Estimates & Trend Analysis
Chapter 6 Baking Ingredients Market: Regional Estimates & Trend Analysis, by Product, by End-use
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
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