Bread Improvers Market Worth 4.08 Billion USD by 2022
PUNE, India, April 20, 2017 /PRNewswire/ --
The report "Bread Improvers Market by Ingredient (Emulsifiers, Enzymes, Oxidizing Agents, Reducing Agents), Application (Bread, Viennoiseries, Cakes), Type, Form, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is projected to reach USD 4.08 Billion by 2022, at a CAGR of 5.2% from 2017 to 2022.
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Browse 111 market data Tables and 69 Figures spread through 170 Pages and in-depth TOC on "Bread Improvers Market"
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The market is driven by factors such as the growing consumption of bread and related bakery products across the globe, innovative bread product offerings by bakery product manufacturers, rising demand for organic bread improvers, and rising demand for convenience food products globally.
Viennoiseries is projected to be the fastest-growing segment in the Bread Improvers Market by application during the forecast period 2017-2022
Viennoiseries are produced from dough leavened with yeast or from puff pastries. Viennoiserie products include croissant, brioche, Danish pastry, and xuixo. The rise in demand for fast food products and ready-to-eat bakery products has been contributing to the growth of viennoiserie products market. The concerns regarding the quality, taste, and texture have led to the use of bread improvers for manufacturing viennoiserie products, which is driving the market for bread improvers for viennoiseries.
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The powdered form accounted for the largest market share in the Bread Improvers Market in 2016
Bread improvers in powdered form is most commonly used by manufacturers as it is easier to use as compared to liquid and granular forms; therefore, powdered bread improvers account for the largest market share in 2016. The powdered form finds application in various bakery products, such as bread, viennoiseries, and cakes. Furthermore, technological advancements have led to an increased usage of powdered bread improvers as the dosing is easier than the paste form.
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Significant growth for bread improvers is observed in the Asia-Pacific region
Rapid urbanization and increasing demand for convenience food is expected to drive the market for bread due to which the Bread Improvers Market is projected to grow substantially. There is a growing demand for bread and rolls in this region due to the Westernization of food habits, which is likely to surpass the market in developed regions, such as Europe and North America. There is an increasing consumption of on-the-go breakfast meals as a result of urbanization, hectic lifestyles, and high disposable incomes. This trend is expected to fuel the growth of the Bread Improvers Market in the region as an increasing amount of bread and bread products are expected to be consumed. This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Corbion N.V. (Netherlands), E.I. du Pont de Nemours and Company (U.S.), Groupe Soufflet (France), and Lallemand Inc. (Canada).
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