USD 3.81 billion
Report ID:
SQMIG30B2023 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|Tables:
64
|Figures:
75
Global Bread Improvers Market size was valued at USD 3.81 billion in 2022 and is poised to grow from USD 4.02 billion in 2023 to USD 61.6 billion by 2031, growing at a CAGR of 5.49% in the forecast period (2024-2031).
The global bread improvers market has been experiencing notable growth in recent years, driven by factors such as increasing demand for high-quality bakery products, changing consumer preferences, and advancements in food processing technology. Bread improvers, also known as dough conditioners, are additives used to enhance the texture, volume, shelf life, and overall quality of bread and other baked goods. One of the primary drivers of the market is the growing consumer inclination towards convenient and ready-to-eat bakery products. The hectic lifestyles of modern consumers have led to a surge in demand for packaged and processed foods, including bread. Bread improvers play a crucial role in maintaining the freshness and quality of these products, making them more appealing to consumers. Advancements in food science and technology have led to the development of innovative bread improver formulations.
Manufacturers are investing in research and development to create products that cater to various dietary preferences and nutritional requirements. Additionally, bread improvers can optimize production processes, leading to improved efficiency and reduced production costs for bakeries. Furthermore, the trend towards clean labels and natural ingredients is influencing the bread improvers market. Consumers are increasingly seeking products with minimal artificial additives, which has prompted manufacturers to develop clean-label bread improvers derived from natural sources.
US Bread Improvers Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 3.81 billion
Largest Segment
Powder
Fastest Growth
Powder
Growth Rate
5.49% CAGR
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The global bread improvers market is segmented on the basis of type, form, application and region. By type, the market is segmented into Organic, Inorganic. By form, the market is segmented into Powder, Liquid, Paste. By Application, the market is segmented into Bread, Cakes, Viennoiserie, Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Bread Improvers Market Analysis By Form
Based on classification by form, the dominant segment based on form is the powdered form. Powdered bread improvers offer several advantages, including ease of handling, uniform distribution in dough, and extended shelf life. They are widely used in commercial baking operations due to their convenience and compatibility with various bread recipes. The powdered form's dominance can be attributed to its versatile applications and consistent performance in enhancing dough strength, texture, and overall bread quality.
Meanwhile, the fastest-growing segment in the bread improvers market is the liquid form. Liquid bread improvers are gaining traction due to their efficient and rapid dispersion in dough, leading to improved gluten development and enhanced fermentation. They are particularly favored by industrial bakeries seeking to streamline their production processes. Liquid bread improvers also allow for better hydration of ingredients, resulting in softer and more flavorful bread products. The increasing demand for convenience, coupled with the desire for higher-quality bread, is driving the growth of the liquid form segment.
Bread Improvers Market Analysis By Application
In the global bread improvers market, the bread segment stands out as the dominant force. Bread is a staple food consumed across various cultures, making it a consistent and substantial contributor to the bread improvers market. The demand for enhanced bread quality, extended shelf life, and improved texture has driven the widespread adoption of bread improvers by bakeries and food manufacturers globally. Additionally, the versatility of bread as a dietary staple ensures a consistent demand for quality improvements, cementing the dominance of the bread segment.
Meanwhile, the Cakes segment emerges as the fastest growing application within the bread improvers market. As consumer preferences for indulgent and diverse baked goods continue to evolve, the demand for high-quality cakes has surged. Cake improvers assist bakers in achieving desirable cake characteristics, such as softness, moisture retention, and volume. The rising popularity of celebratory occasions, increased disposable income, and the emergence of artisanal bakeries have propelled the growth of the cakes segment. This trend is further amplified by the ongoing global trend of premiumization, where consumers seek unique and superior-quality baked products. Consequently, the cakes segment is poised to experience rapid expansion, driven by innovation and evolving consumer tastes, contributing significantly to the overall growth of the bread improvers market.
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The global bread improvers market is analyzed based on its regional presence, which includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. In the global Bread Improvers Market, Europe stands out as the dominant region. With a rich culinary tradition and strong consumption of baked goods, European countries have a long history of using bread improvers to enhance the quality, texture, and shelf life of their bread products. The region's mature baking industry, well-established supply chains, and focus on premium products contribute to its dominant position in the market. European bread improver manufacturers often emphasize natural and clean-label ingredients to meet consumer demand for healthier and authentic baked goods.
Meanwhile, Asia-Pacific emerges as the fastest-growing market for bread improvers. Rapid urbanization, changing consumer lifestyles, and increased disposable income are driving the demand for convenience foods, including bakery products. Countries like China and India are witnessing a significant shift in dietary habits, with a growing preference for packaged bread and baked goods. As a result, local and international bread improver manufacturers are capitalizing on this trend by offering innovative products that cater to taste preferences while ensuring product quality and longer shelf life. The Asia-Pacific market's potential for expansion is further fueled by the region's large population, increasing middle-class segment, and the adoption of Western eating habits. However, to fully capitalize on this growth, manufacturers must consider factors such as regional taste variations, regulatory compliance, and consumer awareness about the benefits of using bread improvers.
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Bread Improvers Market Drivers
Changing Consumer Preferences:
Bakery Industry Modernization:
Bread Improvers Market Restraints
Health and Wellness Concerns:
Stringent Regulations:
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The global bread improvers market features intense competition among key players. Companies like Puratos, Corbion, and IREKS GmbH are prominent, offering a diverse range of bread improver products with a focus on enhancing texture, shelf life, and nutritional value. Regional players, such as Oriental Yeast Co., Ltd. in Asia, also contribute to the competitive landscape. Innovation, product development, and strategic collaborations are central to gaining a competitive edge. The market's growth is fueled by evolving consumer preferences for high-quality baked goods, spurring continuous efforts by players to refine and expand their bread improver offerings in a dynamic and demanding market environment.
Bread Improvers Market Top Player’s Company Profile
Bread Improvers Market Recent Developments
Lecimax 3000 and Lecisoft Rye, two ground-breaking bread enhancers, were released by Bakels Sweden in November 2023. The company's everlasting dedication to excellence and ongoing development is reflected in these developments. Lecisoft Rye concentrates on enhancing the softness, giving bakers an incredibly tender crumb, while Lecimax 3000 is specifically designed to increase the volume of bread, giving bakers a more pronounced and lofty result. These latest products from Bakels Sweden are poised to raise the bar in bread making, guaranteeing quality and consistency with every use after years of painstaking research and development.
To improve the shelf life and sensory appeal of sweet baked goods, Kerry unveiled Biobake Fresh Rich, an inventive enzyme-based solution, in November 2023. This clean-label product promises prolonged freshness and a soft crumb structure well beyond customary timeframes. It is designed for high-sugar content goods (exceeding 20%). Kerry emphasizes the gravity of the situation by citing information from Wageningen University & information, which shows that a startling 35% of all food waste in Dutch supermarkets comes from bakery goods alone. Kerry is taking on the dual problems of preserving product appeal over an extended shelf life and being a key player in the worldwide movement to minimize food waste head-on with Biobake Fresh Rich.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global bread improvers market analysis, the market is experiencing notable growth driven by changing consumer preferences, urbanization, and the convenience of packaged bakery products. Bread improvers, containing enzymes, emulsifiers, and other functional ingredients, enhance dough quality, texture, and shelf life, appealing to both manufacturers and consumers. Rising demand for premium and artisanal bread varieties, especially in developed regions like North America and Europe, is fueling market expansion. Additionally, the growing trend towards healthier and fortified bakery products is encouraging innovation in bread improver formulations. However, factors like fluctuating raw material costs and potential health concerns related to additives might restrain market growth. The market's trajectory hinges on continued product innovation, regulatory compliance, and a balance between convenience and health-conscious consumer demands.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 3.81 billion |
Market size value in 2031 | USD 61.6 billion |
Growth Rate | 5.49% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Bread Improvers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Bread Improvers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Bread Improvers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Report ID: SQMIG30B2023
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