The global demand for Leavening Agents Market is presumed to reach the market size of nearly USD 10.15 BN by 2028 from USD 7.02 BN in 2021 with a CAGR of 5.4% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX MT in 2021 and forecast to touch XX MT by 2028 with a CAGR of XX% during 2022-2028.
Leavening agents are preservatives that help release gases from the mix, resulting in a wide variety of baked products. The basic function of leavening agents is to release air, resulting in a pleasant and soft baked product. A leavening agent is among the most vital elements in the baking business. A leavening agent causes batters and doughs to expand by eliminating gas from the components, resulting in a porous and fluffy baked product. The three fundamental leavening agents used in baking are baking soda, baking powder, and yeast.
Market Dynamics
The growing market for manufactured baked products is boosting demand for leavening agents. Due to changing lifestyles and increased health awareness, the market for leavening agents is increasing. Gluten-free foods and their health advantages are well known among consumers, and this is a major driving force in the leavening agent industry. Many firms are also employing diverse strategies contributing to the market's expansion. The excessive use of leavening agents in a range of baked items and concerns about leavening agent proportions generating adequate carbon dioxide in meals are expected to threaten the market growth of leavening agents significantly.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of leavening agents. The growth and trends of Leavening Agents Industry provide a holistic approach to this study.
Market Segmentation
This section of the leavening agents market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Source
By End-Use Application
- Beverages
- Bakery And Confectionery
- Dairy Products
- Dietary Products
- Personal Care And Cosmetics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Leavening Agents market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Leavening Agents Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the leavening agents market include Archer Daniels Midland Co., Associated British Foods PLC, Cargill Inc, Corbion N.V., Kerry Group PLC, Novozymes A/S, Puratos Group NV, Koninklijke DSM N.V., Stern-Wywiol Gruppe GMBH Co. KG, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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