Press release

Leavening Agents Global Market Size, Share, Emerging Trends, Growth Drivers, Analysis, Report and Forecast 2024-2033 | Kudos Blends Ltd., Puratos Group, Cargill Incorporated, Lallemand Inc.

Leavening Agents Global Market Size, Share, Emerging Trends, Growth Drivers, Analysis, Report and Forecast 2024-2033 | Kudos Blends Ltd., Puratos Group, Cargill Incorporated, Lallemand Inc.

 

 
"The Business Research Company recently released a comprehensive report on the Global Leavening Agents Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The leavening agents market size has grown steadily in recent years. It will grow from $6.44 billion in 2023 to $6.74 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to growth in demand for bakery and confectionery products, expansion of food processing industry, consumer preference for convenience foods, increased consumption of baked goods, rise in disposable income and changing lifestyles.

The leavening agents market size is expected to see strong growth in the next few years. It will grow to $8.3 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to health and wellness trends impacting baking choices, focus on clean label and natural leavening agents, emerging markets and increased urbanization, online retailing and e-commerce for baking ingredients, regulatory support for quality and safety standards. Major trends in the forecast period include 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.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/leavening-agents-global-market-report

Market Drivers and Trends:

The rising demand for bakery products is expected to propel the leavening agents market going forward. Bakery products refer to the food products made from a dough or batter that is baked, such as bread, cakes, cookies, and others. Leavening agents help bakery products rise and make them soft and light. For instance, in August 2022, according to International Dairy Deli Bakery Association (IDDBA), a US-based non-profit organization, the bakery sector sales were in around $3.1 billion for June, increasing 9.3% year over year. Therefore, the rising preference for bakery products is driving the leavening agents market.

Product innovations are a key trend gaining popularity in the leavening agent market. Major companies operating in the leavening agent market are introducing new leavening agents, to enhance the flavor and texture of food products. For instance, in September 2022, Angel Yeast, a China-based company yeast extract manufacturer for baking, seasoning, brewing, and others, introduced a high-sugar dry yeast product to address baking challenges related to high-sugar, high salt, and weak organic acids. Angel Yeast's new Premium high-sugar dry yeast product is capable of providing rapid and high-quality fermentation, where high sugar, salt, and oil content affects the yeast fermentation under normal conditions and extends the shelf of bread and baked goods due to its resistance towards weak organic acids.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

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.

Leavening Agents Market 2024 Key Insights:

• The leavening agents market size is expected to see strong growth in the next few years. It will grow to $8.3 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.
• Leavening Agents Market Thrives On Bakery Product Demand
• Enhancing Food Products With Innovative Leavening Agents
• North America was the largest region in the leavening agents market in 2023

We Offer Customized Report, Click @
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The Business Research Company
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Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.


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