Written by Nikhat » Updated on: November 19th, 2024
Leavening Agents Market Overview
Maximize Market Research, a leading international business consultancy firm, has released its highly anticipated "Leavening Agents Market" Report, providing crucial insights into the market's potential in the Asia Pacific region. Despite economic challenges post the Covid lockdown period, the market has showcased resilience and an upward trend. The report positions the Asia Pacific region as a lucrative opportunity for Leavening Agents market and its component manufacturers over the next decade.
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Leavening Agents Market Values
The leavening agents market is experiencing steady growth, fueled by the increasing demand for bakery products and convenience foods globally. In 2023, the market was valued at approximately USD 5.4 billion and is projected to grow at a compound annual growth rate (CAGR) of 4.8% over the forecast period. This growth is largely driven by the rising consumption of baked goods, such as bread, cakes, and pastries, as well as the growing popularity of ready-to-eat and processed foods. By 2030, the market is expected to reach nearly USD 7.5 billion, reflecting the ongoing expansion of the food and beverage industry and the continuous innovation in food processing and ingredients.
Leavening Agents Market Scope
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Leavening Agents market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Leavening Agents market are examined in the report.
Leavening Agents Market Dynamics
The dynamics of the leavening agents market are shaped by several key factors. A significant driver of market growth is the increasing consumer demand for bakery and confectionery products, which rely heavily on leavening agents for texture, volume, and taste. The rise of convenience foods and the growing trend towards home baking, particularly during the COVID-19 pandemic, have also contributed to the increased demand for leavening agents. Additionally, the introduction of clean-label and natural leavening agents, in response to consumer preferences for healthier and additive-free products, is driving innovation in the market.
Leavening Agents Market Segmentation
by Source Type
Inorganic Leavening Agents
Organic Leavening Agents
Biological Leavening Agents
by Application
Fried Foods
Soy products
Wheat Flour
Others
The market is divided into four segments based on application: Soy products, wheat flour, fried foods, and others. By 2029, the Fried Foods category is anticipated to have the largest revenue market share. A leavening agent is a substance that releases gas into the dough when combined with liquid, acid, or heat. Rising agents—which fall under the category of fried foods—such as baking soda, baking powder, whipped egg whites or cream, active or instant dried yeast, and even steam—are what give baked goods their optimum volume, texture, and crumb.
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Leavening Agents Market Key Players
1. Lesaffre
2. AB Mauri
3. Lallemand
4. DSM
5. Angel
6. Forise Yeast
7. Sunkeen
8. Vitality King
9. Kraft Foods Group Inc.
10. Clabber Girl Corporation
11. Kudos Blends Limited
12. Eagle International
13. Hansells Food Group Limited
14. Ward Mckenzie Pty Ltd.
15. Weikfield Products Private Limited
16. Blue Bird Foods India Pvt. Ltd.
Table of content for the Leavening Agents Market includes:
Part 01: Executive Summary
Part 02: Scope of the Leavening Agents Market Report
Part 03: Leavening Agents Market Landscape
Part 04: Leavening Agents Market Sizing
Part 05: Leavening Agents Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Analysis
The Leavening Agents market report comprises an extensive analysis of the Leavening Agents industry across five primary world regions are Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It delves into the market's key geographies and highlights notable segments and sub-segments within the industry.
Key Questions answered in the Leavening Agents Market Report are:
What is Leavening Agents Market?
What is the forecast period of the Leavening Agents Market?
What is the competitive scenario of the Leavening Agents market?
Which region held the largest market share in the Leavening Agents Market?
What are the opportunities for the Leavening Agents Market?
What are the restraining factors in the Leavening Agents market?
Who are the key players of the Leavening Agents market?
Key offerings:
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Leavening Agents
Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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