Bakery Ingredients Market is Predicted to boost its value to USD 18,596 million by 2025

Bakery Ingredients Market

Rise in disposable income, increase in urbanization, and shift in trend toward Western-style diets boost the growth of the global bakery ingredients industry.

PORTLAND, OR, UNITED STATES, September 18, 2020 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Bakery Ingredients Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 – 2025, “the global bakery ingredients market was valued at $12,588 million in 2017 and is projected to reach $18,596 million by 2025, growing at a CAGR of 5.0% from 2018 to 2025. In 2017, the bread segment accounted for more than half of the share by value in the global bakery ingredients market.

Bakery ingredients are the building blocks of baked products such as bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. Consumer trend of eating healthy and convenient food is one of the primary factors boosting the growth of the market. Prominent players and large corporates are developing their products to follow the consumer trends and boost the company growth to occupy a major share in the bakery ingredients market.

Get the Complete Report & TOC: https://www.alliedmarketresearch.com/request-sample/2366

The global bakery ingredients market is driven by the factor such as busy lifestyles of people, which needs convenient, easily accessible, and time-saving bakery products. Moreover, change in culture and growth in demand for Western-style diets in the developing countries and rise in trend for low trans-fat & gluten-free products are expected to fuel the market growth. In addition, alarming obesity rates and increasing fitness-related concerns have shifted the interest of consumers toward healthier bakery items. However, preference for healthier cereals such as oats than baked products and stringent regulations & international quality standards hamper the growth of the global market. The potential market for frozen foods along with efforts of the key players to innovate & manufacture healthier food items, reduce production costs, and increase shelf life of products are anticipated to provide lucrative opportunities for the growth of the global bakery ingredients market.

The fats segment dominated the global bakery ingredients market size with nearly 18% share of the overall revenue in 2017. The fiber segment is expected to witness significant growth during the forecast period due to the associated health benefits. In addition, it accounted for the second highest share in bakery ingredients market in 2017. The enzymes segment is expected to grow at the highest CAGR during the forecast period.

The global bakery ingredients market is classified based on application into bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. The bread segment dominated the bakery ingredients market with the largest share in 2017 and is expected to exhibit significant growth during the forecast period. Bread is consumed as one of the major staple food across the globe, especially in Western countries. There are two major types of bread available in the market white bread and brown bread, the white bread dominates the market. In the coming years, the brown bread market is expected to grow at a faster rate due to growing awareness of health benefits among consumers. Cookies & biscuits are popularly consumed as snacks among youth. The current product innovation in cookies & biscuits has enhanced the taste, texture, and health benefits offered by the products, thus escalating the bakery ingredients market size. In addition, low-calorie products, increase in trend of customizable bakery products, and increase in urbanization are the factors anticipated to fuel the growth of the global bakery ingredients market.

Inquiries regarding purchase: https://www.alliedmarketresearch.com/purchase-enquiry/2366

Key Findings of the Bakery Ingredients Market:
The enzymes segment of bakery ingredients market is projected to witness the highest CAGR of 8.5%, in terms of revenue, during the forecast period.
Europe is expected to dominate the global market by 2025 due to high per capita consumption and increase in demand for new & healthier variety of bakery ingredients.
The bread segment accounted for the highest value in bakery ingredients market share of around 70.2% in 2017 and is expected to grow at a decent CAGR during the forecast period.
Asia-Pacific is expected to witness the highest growth rate during the forecast period due to growth in population and rise in disposable income.
The dry baking mix segment is anticipated to occupy the highest value in bakery ingredients market share till 2025 due to its 5.3% CAGR.
In 2017, North America and Europe collectively accounted for around 68.4% share of the global bakery ingredients market and are anticipated to maintain a dominant position in the bakery ingredients market throughout the forecast period. This is attributed to the high consumption rates, rise in health-conscious population, and increase in popularity of various bakery ingredients types.

The key market players of global bakery ingredients industry include Archer Daniels Midland Company; Associated British Foods plc.; Bakels Group; Cargill, Incorporated; Dawn Food Products Inc.; E. I. du Pont de Nemours and Company; Ingredion Incorporated; Kerry Group plc; Koninklijke DSM N.V.; and Lallemand Inc.

The other players in the value chain include Sdzucker, Taura Natural Ingredients Ltd., AAK AB, Tate & Lyle PLC, Corbion N.V., IFFCO Corporate, CSM Bakery Solutions, Novozymes, and Puratos Group.

Similar Reports:
Aroma Ingredients Market is Expected to Reach $16,252.4 Million by 2026
Whey Protein Ingredients Market to Reach $15,037 Million by 2022

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting.

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
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LinkedIn

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Bakery Ingredients Market is Predicted to boost its value to USD 18,596 million by 2025

Bakery Ingredients Market

Rise in disposable income, increase in urbanization, and shift in trend toward Western-style diets boost the growth of the global bakery ingredients industry.

PORTLAND, OR, UNITED STATES, September 18, 2020 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Bakery Ingredients Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 – 2025, “the global bakery ingredients market was valued at $12,588 million in 2017 and is projected to reach $18,596 million by 2025, growing at a CAGR of 5.0% from 2018 to 2025. In 2017, the bread segment accounted for more than half of the share by value in the global bakery ingredients market.

Bakery ingredients are the building blocks of baked products such as bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. Consumer trend of eating healthy and convenient food is one of the primary factors boosting the growth of the market. Prominent players and large corporates are developing their products to follow the consumer trends and boost the company growth to occupy a major share in the bakery ingredients market.

Get the Complete Report & TOC: https://www.alliedmarketresearch.com/request-sample/2366

The global bakery ingredients market is driven by the factor such as busy lifestyles of people, which needs convenient, easily accessible, and time-saving bakery products. Moreover, change in culture and growth in demand for Western-style diets in the developing countries and rise in trend for low trans-fat & gluten-free products are expected to fuel the market growth. In addition, alarming obesity rates and increasing fitness-related concerns have shifted the interest of consumers toward healthier bakery items. However, preference for healthier cereals such as oats than baked products and stringent regulations & international quality standards hamper the growth of the global market. The potential market for frozen foods along with efforts of the key players to innovate & manufacture healthier food items, reduce production costs, and increase shelf life of products are anticipated to provide lucrative opportunities for the growth of the global bakery ingredients market.

The fats segment dominated the global bakery ingredients market size with nearly 18% share of the overall revenue in 2017. The fiber segment is expected to witness significant growth during the forecast period due to the associated health benefits. In addition, it accounted for the second highest share in bakery ingredients market in 2017. The enzymes segment is expected to grow at the highest CAGR during the forecast period.

The global bakery ingredients market is classified based on application into bread, cookies & biscuits, rolls & pies, cakes & pastries, and others. The bread segment dominated the bakery ingredients market with the largest share in 2017 and is expected to exhibit significant growth during the forecast period. Bread is consumed as one of the major staple food across the globe, especially in Western countries. There are two major types of bread available in the market white bread and brown bread, the white bread dominates the market. In the coming years, the brown bread market is expected to grow at a faster rate due to growing awareness of health benefits among consumers. Cookies & biscuits are popularly consumed as snacks among youth. The current product innovation in cookies & biscuits has enhanced the taste, texture, and health benefits offered by the products, thus escalating the bakery ingredients market size. In addition, low-calorie products, increase in trend of customizable bakery products, and increase in urbanization are the factors anticipated to fuel the growth of the global bakery ingredients market.

Inquiries regarding purchase: https://www.alliedmarketresearch.com/purchase-enquiry/2366

Key Findings of the Bakery Ingredients Market:
The enzymes segment of bakery ingredients market is projected to witness the highest CAGR of 8.5%, in terms of revenue, during the forecast period.
Europe is expected to dominate the global market by 2025 due to high per capita consumption and increase in demand for new & healthier variety of bakery ingredients.
The bread segment accounted for the highest value in bakery ingredients market share of around 70.2% in 2017 and is expected to grow at a decent CAGR during the forecast period.
Asia-Pacific is expected to witness the highest growth rate during the forecast period due to growth in population and rise in disposable income.
The dry baking mix segment is anticipated to occupy the highest value in bakery ingredients market share till 2025 due to its 5.3% CAGR.
In 2017, North America and Europe collectively accounted for around 68.4% share of the global bakery ingredients market and are anticipated to maintain a dominant position in the bakery ingredients market throughout the forecast period. This is attributed to the high consumption rates, rise in health-conscious population, and increase in popularity of various bakery ingredients types.

The key market players of global bakery ingredients industry include Archer Daniels Midland Company; Associated British Foods plc.; Bakels Group; Cargill, Incorporated; Dawn Food Products Inc.; E. I. du Pont de Nemours and Company; Ingredion Incorporated; Kerry Group plc; Koninklijke DSM N.V.; and Lallemand Inc.

The other players in the value chain include Sdzucker, Taura Natural Ingredients Ltd., AAK AB, Tate & Lyle PLC, Corbion N.V., IFFCO Corporate, CSM Bakery Solutions, Novozymes, and Puratos Group.

Similar Reports:
Aroma Ingredients Market is Expected to Reach $16,252.4 Million by 2026
Whey Protein Ingredients Market to Reach $15,037 Million by 2022

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting.

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Avenue.! An Online Subscription Based Library of Reports - Allied Market Research

 

Rice Market Size Forecast to Reach $313 Billion by 2025

Published: Sept. 18, 2020 at 12:04 p.m. ET

The MarketWatch News Department was not involved in the creation of this content.

Sep 18, 2020 (The Expresswire) -- Rice Market size is forecast to reach $313 Billion by 2025, growing at a CAGR of 2.9% during the forecast period 2020-2025. Rice is the most important food crop of the developing world and the staple food of more than half of the world's population. Rich in nutrients and vitamins and minerals, it an excellent source of complex carbohydrates. Red rice is one of the popular kind of rice that is colored red by its anthocyanin content. Red rice has the highest nutritional value among all the varieties of rice. Grain parboiled rice is rice that has been partially boiled in the husk. Grain fragrant rice is a long-grain variety of fragrant rice whose fragrance results from the rice plant's natural production of aroma compounds. Growing demand for carbohydrate-rich diet among majority of the global population, increasing rice production and quality management by farming sectors in many countries, increasing trends of rice exports and increasing government policies initiatives for development and commercialization of major domestic rice production industries are driving the market growth in recent years. In addition, major market development of key players like ITC and Ebro are other factors driving the growth of the market. Rice Industry Analysis is based on rice length, type, product type, application, distribution channel and geography.

By Rice Length - Segment Analysis

Long-grain held the largest share in the rice length segment of Rice Market in 2019 and is estimated to grow at a CAGR of 3.24% during the forecast period 2020-2025. The growth of this segment is primarily driven by the growing use in social gatherings, daily meals and various cultural dishes including pilaf and stir fry as after getting cooked these become firm, fluffy and remain separate. As domestic production remains flat, imports are rising to meet growing consumption demand. Whereas most production is japonica rice, consumers have increasingly shifted toward non-japonica long grain varieties. Imports in Saudi Arabia are up on an expected rebound in religious tourism. With no domestic production, the country is fully reliant on imports for its supply of basmati, long-grain parboiled, and medium-grain rice. This has resulted in a rapid surge in the demand of long grain rice in the recent years. Medium grains is set to be the fastest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025, owing to China’s exports set to be strong, supported by continued auction sales from its large stockpiles. The Chinese old-crop rice is selling around $300/ton and export prices for medium- and short-grain rice are averaging slightly above that, well below the prices of other medium- and short-grain exporters, which is poised to give a push to the global sales of medium grains.

Request for Sample of the Report @ https://www.industryarc.com/pdfdownload.php?id=509581

Report Price: $ 5900 (Single User License)

Distribution Channel - Segment Analysis

Super Markets held the major share in the distribution channel segment of Rice Market in 2019. This is owing to major share of supermarkets in urban and semi urban areas, where the population prefers ease in product availability. In recent years, considerable increase in number of supermarket stores has been seen, with. With the increase in local supermarkets, discount offers and easy delivery, there has been a further increase in sales. E-commerce is forecast to grow at the fastest rate with the highest CAGR during the forecast period 2020-2025, owing to growing number of customer base for rice consumption and increasing key investments by major market players in digital commercialization.

Geography - Segment Analysis

Asia-Pacific dominates the geography segment of Rice Market with a share of more than 41.7% in 2019, followed by Europe. The good amount of rice cultivation owing to favorable climate and geography, increasing adoption of low-calorie and high fiber diet and presence of key market players in the region have resulted in massive growth of the market in the last two decades. Europe held the second place in the geography segment share of the market, owing to increasing consumption of rice and related recipes by the urban population, increase in farming and agricultural activities and entry of key market players in recent time.
Asia-Pacific is estimated to continue growing at the fastest rate at a higher CAGR during the forecast period 2020-2025. This is owing to increasing rice exports by developing countries such as India and China, favorable government schemes for rice cultivation, and increasing disposable income of the population.

Drivers Rice Market

Dietary shift of consumers towards carbohydrate-based diet

In past few years, people have become self-conscious about their diet, and hence, they are looking more to balanced diets with enough carbohydrates. A shift in energy intake for carbohydrate foods, especially rice, has been noticed in many high-income countries. Various dishes are becoming popular, with restaurants taking on the trends of various rice dishes. This is set to drive the market growth in the forecast years 2020-2025.

Increasing trends of rice exports by Asian countries

Eleven countries of Asia contribute about 87% to the total global rice production. The export of eight of these countries constitutes about 35% of the global rice export. The global food security is highly impacted by the rice production in Asia in general and India and China in particular. This is projected to drive the demand for rice, and consequently help in market growth during the forecast period 2020-2025.

Talk to one of our sales representative about the full report by providing your details in the link below:

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Challenges Rice Market

Declining productivity in intensive rice production systems

Although aggregate rice yields reported at the national level continue to rise in most Asian countries, albeit at a reduced rate, yield declines have been documented in several long-term experiments on double-crop and triple-crop irrigated rice systems. Reduced quality of nitrogen management and soil nitrogen supply over the years have reduced the rate of production in the last few years. Thus, it is anticipated to hamper the market growth during the forecast period 2020-2025.

Rice Industry Outlook

Product launches, mergers and acquisitions, joint ventures and RandD activities are key strategies adopted by players in the Rice Market. In 2019, Rice Market share is consolidated by the top players present in the market. Rice Market top 10 companies are Nestle, Barilla Group, ITC, The Kraft Heinz Company, Delverde, Ebro Foods, TreeHouse Foods, American Italian Pasta Company, Armanino Foods of Distinction Inc. and India Gate Basmati Rice among others.

Acquisitions/Product Launches

In December 2018, ITC entered the crowded Indian rice market with Sona Masoori, fine variety of non-basmati rice.

In January 2017, Ebro Foods, S.A. merged with its U.S. rice and pasta companies, Riviana Foods Inc., American Rice, Inc. and New World Pasta Company, creating the largest manufacturer and marketer of rice products and the second largest producer and distributor of pasta products in the United States.

In May 2020, India Gate Basmati Rice collaborated with Zomato and Swiggy to deliver products to your home amid lockdown.

Key Takeaways

Asia-Pacific dominates the Rice Market in the year 2019 owing to favorable climate and geography for rice cultivation, increasing adoption of low-calorie and high fiber diet and presence of key market players in the region. The Rice Market scope for different regions will be provided in the final report.

Dietary shift of consumers towards carbohydrate-based diet, increasing number of launches of new rice brands, increasing trends of rice exports and increasing government policies initiatives for development and commercialization of major domestic rice production industries is estimated to drive the industry growth during the forecast period 2020-2025.

Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Rice Market report.

Declining productivity in intensive rice production systems, pressures from abiotic and biotic stresses and low returns in developing countries are anticipated to hamper the market growth of the Rice Industry.

Related Reports :

A. Organic Rice Protein Market

https://www.industryarc.com/Research/Organic-Rice-Protein-Market-Research-504886

B. Alternative Pasta Market

https://www.industryarc.com/Report/17959/alternative-pasta-market.html

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Basmati , A common heritage of Subcontinent

 

Basmati , A common heritage of Subcontinent

By Hamid Malik

19 Sep 2020

It's not as simple. There are 3  dimensions. Basmati is a common heritage of subcontinent & that too belongs to a specific Geographical region of Himalyian terrain qualify for both genotype(DNA) & phenotypical characters like typical aroma, cylindrical shape,  3.8/4 ratio of width/length ration,  1.8 to 2.2 times post cooking elongation longitudinally rather than swelling width wise, minimum AGL 7mm , photosynthetic, climate(night temperature after flowering less than 36C & typical Soil. US company patent award for TaXMATI was revoked on Genetically basis. Current GI battle in India between GI declared areas of Haryana, Punjab, Himachal, Utranchal, 29 district of UP & Madhya Pradesh is on phenotypic characters rather than genotype. Now ownership of GI product can't be granted to individual. It's legitimate right of growers of that area. In all kind of old literature in Sanskrit or local language ,product is attributed to Himalyian terrain waters by 5 Eastern rivers of combined Punjab(Chenab, Sind Jehlum, Ravi & Sutlej, 3 central Punjab rivers Bias, Gangs & Yamuna(Jamna).  Let's come to current issue of ownership by India or Pakistan. By the way Nepal(Himalyian proximity) & Bangladesh having Ganga river.

Initially India & Pakistan applied GI Basmati region combindly. Latter on Pakistan entered into arena in Indian court through BGA , Basmati Growers Association, a representative body of Pakistan growers lead by late Mr. Hamid Malhi. Govt of Pakistan through Commerce ministry was backing the move by providing financial ,legal & logistics support. In India APEDA was defending petition on behalf of Indian Govt. In Pakistan ,a split appeared between REAP(Exporters body) & BGA on having ownership of Basmati GI. As a counter move Hamid Malhi submitted a petition in Sind High Court to grant Basmati GI tag to BGA. In the meantime Govt of Pakistan took almost 16 years to draft a GI law which finally is passed by Parliament recently, thanks to untiring efforts & persistent follow up of respectable Zulfikar Thaver sahib. Now we come to Indian application in EU.

 

Alvi stresses product diversification

Says Pakistan will gain access to good export market after peace in Afghanistan

---

Our CorrespondentSeptember 19, 2020

---

LAHORE:

Pakistan is making all-out efforts for peace in Afghanistan keeping in view that this will benefit Islamabad in a huge way, said President Dr Arif Alvi.

Addressing the business community at the Lahore Chamber of Commerce and Industry (LCCI) on Friday, Alvi said following restoration of peace in the neighbouring country, Pakistan would not only find a good export market but would also gain access to other regional countries.

"Diversification and value addition in products are a must for ramping up exports and exploring the untapped global markets, particularly in the African region," he said.

Alvi called for utilising information technology and artificial intelligence in the agriculture and other sectors to step up efficiency and enhance earnings.

"Unlike in the past, modern technologies have made it easier for businessmen to assess requirements of targeted markets in a bid to design the supply chain accordingly," he said.

"Currently, exports of Pakistan revolve around cotton, wheat, rice and sugar, which necessitates diversification of products and investment in modern fields like information technology."

He told businessmen that until 2010, top 10 global companies were associated with the oil sector but currently they were replaced by IT firms, which manifested the huge scope of the sector.

The president advised agriculturalists to think out of the box and consider producing beetroot in place of sugarcane, which placed burden on water resources.

He pointed out that flood irrigation of crops caused massive wastage of rainwater, which should be avoided and the natural resource should be preserved by adopting modern technology.

"Under the 10 Billion Tree Tsunami programme, the government has planted olive trees on a massive scale to meet the country's needs as well as to widen export opportunities," he said.

The president told businessmen to adhere to principles of morality, honesty and sincerity in trade across the globe, which would ultimately pay back in the long term.

As an initiative to promote Pakistan's fruits abroad, the President House dispatched mango packages to different heads of state along with descriptive pamphlets, he pointed out.

Alvi urged the business community to support industry workers and create job opportunities for women and differently abled people.

He emphasised that Pakistan had successfully sailed through the Covid-19 pandemic and extended support to the needy under the Ehsaas programme.

Published in The Express Tribune, September 19th, 2020.

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