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Baking Ingredients Market Share

  • Report ID: GMI9614
  • Published Date: May 2024
  • Report Format: PDF

Baking Ingredients Market Share

AB Enzymes, ADM, Associated British Foods plc, Bakels Group, and Caldic B.V.  collectively dominate the market with their extensive industry experience, innovative product offerings, and widespread global presence. AB Enzymes offers a range of specialized enzymes tailored for the baking industry. These enzymes enhance dough handling, improve volume, texture, and shelf-life of baked goods. With their innovative solutions, AB Enzymes plays a crucial role in optimizing baking processes and delivering consistent quality in finished products.
 

ADM (Archer Daniels Midland Company) is a major player in the baking ingredients market, offering a wide range of products to meet diverse baking needs. With a focus on innovation and sustainability, ADM provides high-quality ingredients such as flours, oils, sweeteners, and emulsifiers to bakeries, food manufacturers, and consumers worldwide. Their extensive portfolio and commitment to excellence make them a trusted partner in the baking industry.
 

Associated British Foods plc is a leading player in the baking ingredients sector, offering a wide range of products under its various brands like Allinson, Kingsmill, and Fleischmann's. With a global presence and a focus on quality and innovation, ABF consistently delivers premium baking ingredients trusted by professionals and home bakers alike. Bakels Group is a renowned global supplier of baking ingredients, serving the industry for over a century. Their extensive product range includes emulsifiers, enzymes, mixes, and more, catering to both industrial and artisanal bakers. With a commitment to innovation and quality, Bakels Group remains a trusted partner for bakeries worldwide.
 

Caldic B.V. is a prominent global distributor of baking ingredients, offering a comprehensive range of products to meet the diverse needs of bakeries and food manufacturers. With a focus on quality, innovation, and customer satisfaction, Caldic B.V. provides tailored solutions and technical expertise to support the success of its clients in the baking industry, further solidifying its position as a key player in the market.
 

These market leaders collectively shape the competitive landscape of the baking ingredients market, driving innovation, setting industry standards, and meeting the evolving demands of customers worldwide. With their focus on research and development, technological advancements, and strategic partnerships, these companies continue to expand their market share and strengthen their foothold in key regions. Their relentless pursuit of excellence, coupled with their customer-centric approach, positions them as preferred suppliers of baking ingredients, contributing significantly to the growth and development of the global construction industry.
 

Baking Ingredients Market Companies

Major companies operating in the baking ingredients industry include:

  • AB Enzymes
  • ADM
  • Associated British Foods plc
  • Bakels Group
  • Caldic B.V. 
  • Cargill, Incorporated
  • DSM
  • FLOWERS FOODS
  • Ingredion
  • Kerry Group plc.
  • Lallemand Inc.
  • Tate & Lyle
     
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of baking ingredients reached USD 17.4 billion in 2023 and is set to witness 6.2% CAGR from 2024 to 2032, led by a surge in demand across various industries owing to their versatile applications.

The oils, fats, and shortenings segment recorded USD 4.18 billion in 2023, due to their growing importance as essential components for achieving desired textures, flavors, and moisture levels in various products.

The dry form segment accounted for 56% of the market share in 2023, as they are versatile and can be easily stored, transported, and used in various baking recipes.

North America market size was USD 3.64 billion in 2023, owing to the presence of a rich diversity of products catering to a wide range of culinary traditions and consumer preferences.

Baking Ingredients Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 300
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