Report ID: SQMIG30I2252
Report ID:
SQMIG30I2252 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
61 |
Figures:
75
Global Leavening Agents Market size was valued at USD 6.42 billion in 2022 and is poised to grow from USD 6.64 billion in 2023 to USD 8.75 billion by 2031, growing at a CAGR of 3.5% during the forecast period (2024-2031).
A leavening agent is a substance or ingredient primarily responsible for the generation, expansion and sealing of gas in batter or dough, making it an important component in baking after flour and water. Yeast, bacteria or baking powder can be used to make dough. They play a vital role in the food industry and offer benefits such as improving the texture of cakes by softening the crumb in the final product. In addition, leavening agents increase the airiness, flexibility and consistency of the dough during preparation and baking. The yeast market is dependent on growth due to several key factors. Growing popularity of baked goods, increasing demand for bread as a healthy food, and major lifestyle and dietary changes in developing countries such as India and China are expected to boost market growth.
The ready-to-eat sector, including frozen baked goods, is occupied by urban consumers with busy lifestyles, higher disposable incomes and the number of working women. The use of leavening agents in various industries, including bakeries, and the growing demand for healthy snacks in the bakery segment are also contributing to the expansion of the market. Acidulants are important in maintaining the texture, structure and fluffiness of baked goods, while they regulate pH, improve flavor and influence the color development of baked goods. These versatile substances are available in physical, chemical and biological forms, and their functions in the food and beverage industry offer ample opportunities for innovation. Consumer preference for baked goods due to convenience, taste and seasonal availability is boosting the market outlook.
US Leavening Agents Market is poised to grow at a sustainable CAGR for the next forecast year
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Report ID: SQMIG30I2252