Press release
Leavening Agents Market: Steady Growth, Key Drivers and Future Trends
Leavening Agents Market
Burgeoning demand for bakery and confectionery products along with changing consumer lifestyle trends are significantly fueling the growth of the global Leavening Agents Market.
What Is The Projected Market Size Of The Global Leavening Agents Market And Its Growth Rate?
• The leavening agents market is projected to grow from $6.74 billion in 2024 to $7.05 billion in 2025 at a CAGR of 4.6%.
• The market is expected to grow to $8.8 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%.
What Is Driving The Growth In The Leavening Agents Market?
The rising preference for bakery products is driving the leavening agents market forward. Bakery products made from baked dough or batter, such as bread, cakes, cookies, among others, make use of leavening agents to rise and become soft and light. The International Dairy Deli Bakery Association (IDDBA) reported in August 2022 that the bakery sector sales were around $3.1 billion for June, indicating a 9.3% increase year-on-year.
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Who Are the Key Players Driving Leavening Agents Market Growth?
• Kudos Blends Ltd.
• Puratos Group
• Cargill Incorporated
• AB Mauri North America
• Shandong Sunkeen Co. Ltd.
• Archer Daniels Midland Company
• Associated British Foods (ABF) plc
• Corbion N.V.
• Kerry Group plc
• Koninklijke DSM N.V.
• The Kraft Heinz Company
• Novozymes A/S
• Stern-Wywiol Gruppe
• Lesaffre Yeast Corporation
• Lallemand Inc.
• Angel Yeast Co. Ltd.
• Oriental Yeast Co. Ltd.
• Watson Inc.
• Caravan Ingredients
• Bakels Group
• AB Vista an AB Agri company
• Biorigin
• Fazer Group
• Kemin Industries Inc.
• LFI Inc.
• MGP Ingredients Inc.
What Are The Key Trends In The Leavening Agents Market?
• Gluten-free leavening agents
• Use of natural and organic leavening agents
• Clean label ingredients in baking
• Application in artisanal and specialty baking
• Customized leavening solutions for different products
• Microencapsulation technology for controlled release
What Are The Segments Of The Global Leavening Agents Market?
• By Form: Biological, Physical, Chemical
• By Application: Sea Food, Bakery Products, Fried Foods, Wheat Flour, Soy Products
• By Sales Channel: Direct Sales And Wholesalers, Independent Grocery Retailer, Non-Store Retailers, Other Sales Channels
Which Region Leads The Leavening Agents Market?
North America was the largest region in the leavening agents market in 2024. Asia-Pacific is asserted to be the most rapidly growing region in the leavening agents market share in the approaching years. Regions encompassed in the leavening agents market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Leavening Agents Market Global Market Report?
- Market Size Analysis: Analyze the Leavening Agents Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Leavening Agents Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Leavening Agents Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Leavening Agents Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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