Gcc Bakery Ingredients Market - Forecast(2024 - 2030)
GCC Bakery Ingredients Market Overview
GCC Bakery Ingredients market size is forecast
to reach 7.1 billion by 2026, growing at a CAGR of 7.8% during the forecast
period 2021-2026. Bakery ingredients helps to maintain freshness, softness,
& taste of the food while improving its shelf life. It also helps in
increasing the protein content of the baked food and helps in determining the
flavor & texture of the food. It is regarded as the basic food for
nutrition that is available in various varieties in the market such as
sweetener, leavening agent, enzymes, emulsifier, preservative, and baking
powder among others. Increasing incidences of chronic diseases, increasing
demand for gluten free products, and increasing health conscious consumers are
the major factors driving the growth of the market. Rising incidences of the
malnutrition, increasing concerns regarding fitness, and lack of vitamins
intake is set to further enhance the overall market developments of the GCC
Bakery Ingredients Market for the period 2021-2026.
Report Coverage
The report: “GCC Bakery Ingredients Market Forecast (2021-2026)”, by Industry ARC, covers an
in-depth analysis of the following segments of the GCC Bakery
Ingredients Market.
Key Takeaways
- Saudi Arabia dominated the GCC Bakery Ingredients Market in 2020 owing to the increasing incidences of diseases and increasing health concerns. The GCC Bakery Ingredients market scope for different regions will be provided in the final report.
- Increasing usage of nutritional supplements and increasing consumer inclination towards healthy diets are likely to aid the market growth of the GCC Bakery Ingredients Market report.
- Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be GCC Bakery Ingredients Market report.
- Lack of awareness regarding the products and stringent regulations is poised to create the hurdles for the GCC Bakery Ingredients Market.
GCC Bakery Ingredients Market Revenue Share, By Country, 2020(%)
GCC Bakery Ingredients Market Segment Analysis – By Ingredients Type
Baking Powder held
the largest share in the
GCC Bakery Ingredients
Market in 2020 and is
estimated to grow at a CAGR 8.1% during the forecast period 2021-2026. This is owing to the increasing demand
of it by the consumers for increasing the volume and lightening the texture of
the baked goods. It is a chemical leavening agent that is a mixture of weak
acid and carbonates/bicarbonates. Baking powder is a ready to use mixture that
is used to make bread, muffins, pizza dough, and biscuits among others. Acid
base reaction occurs in it through which bubbles are released in the wet
mixture and then it expands. Baking Powder is estimated to register the
higher CAGR over the period 2021-2026.
GCC Bakery Ingredients Market Segment Analysis – By Applications
Bread held the
largest share in the
GCC Bakery Ingredients
Market in 2020 and is
estimated to grow at a CAGR 8.5% during the forecast period 2021-2026. This is owing to the increasing
consumption of bread as a part of diet and a source of energy. Bread is a
source of vitamin B & E, protein, and carbohydrates. The increasing awareness
regarding the healthy diet is also expanding the growth of the segment. It
reduces the cholesterol level in the body and increases the dietary fibres
along with the vegetable proteins. There is an increasing demand for various
varieties of the bread such as wholemeal bread. Bread are estimated to
register the higher CAGR over the period 2021-2026.
GCC Bakery Ingredients Market Segment Analysis – By Country
Saudi Arabia dominated the GCC Bakery Ingredients Market with a major share of 39.9% in 2020. This is attributed to the increasing government initiatives to enhance consumer knowledge towards new innovations in the field of bakery ingredients, and increasing focus on the research & development to adopt bakery ingredients in food that offers health benefits. Increasing inclination of the consumers towards the healthy diet, and increasing number of applications in the food industry is also increasing the growth of the market in this region.
GCC Bakery Ingredients Market Drivers
Increase in the Consumption of Bakery Products
Increase in the
consumption of bakery products is increasing the growth of the GCC Bakery
Ingredients Market. Bakery products & confectionery serves as a basic food
items for nutrition. The demand for bakery products is increasing owing to the
increasing demand for nutritional food and increase in the preference of
consumers towards the tasty, attractive, and textured bakery products. Lower
price, high nutritional value, and easy accessibility associated with the
bakery products are rising the growth of the market. Thus, increasing the
growth of the GCC Bakery Ingredients Market during the forecast period
2021-2026.
Increasing Shift of the Consumers towards the Veganism
Increasing shift of the consumers
towards the veganism is increasing the growth of the GCC Bakery Ingredients
Market. This is owing to the increasing awareness of the consumers regarding
the health, social impact, and sustainability. There is an increasing shift of
the consumer towards the veganism owing to the animal welfare, and personal
health. Also, there is an increasing demand of the plant based foods such as
muffins, buns, bread, and vegan cake among others. Thus, increasing the growth
of the GCC Bakery Ingredients Market during the forecast period 2021-2026.
GCC Bakery Ingredients Market Challenges
Lack of Awareness Regarding the Products and Stringent Regulations
Some of the factors that are set to impede the growth of the GCC Bakery
Ingredients Market are lack of awareness regarding the bakery ingredients and increasing
government regulations. Increasing international quality standard is also set
to hinder the growth of the market during the forecast period 2021-2026.
GCC Bakery Ingredients Market Landscape
Product launches, mergers and acquisitions, joint ventures, and R&D
activities are key strategies adopted by players in the GCC Bakery
Ingredients Market. In 2020, the GCC Bakery Ingredients Market share is
consolidated by the top ten players present in the market. The GCC
Bakery Ingredients Market, top 10
companies are Dawn Food Products Inc, Corbion, Cargill, Archer Daniel Midland
Company, Kerry Group PLC, Novozymes, and AAK AB among others.
Relevant Titles:
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LIST OF TABLES
1.Global MARKET SEGMENTATION Market 2023-2030 ($M)1.1 By Ingredient Type Market 2023-2030 ($M) - Global Industry Research
1.1.1 Sweetener Market 2023-2030 ($M)
1.1.2 Leaving Agent Market 2023-2030 ($M)
1.1.3 Enzyme Market 2023-2030 ($M)
1.1.4 Color Flavor Market 2023-2030 ($M)
1.1.5 Emulsfier Market 2023-2030 ($M)
1.1.6 Preservative Market 2023-2030 ($M)
1.2 By Aplication Market 2023-2030 ($M) - Global Industry Research
1.2.1 Bread Market 2023-2030 ($M)
1.2.2 Cake Pastry Market 2023-2030 ($M)
1.2.3 Roll Pie Market 2023-2030 ($M)
1.2.4 Cookie Biscuit Market 2023-2030 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
3.Global MARKET SEGMENTATION Market 2023-2030 (Volume/Units)
3.1 By Ingredient Type Market 2023-2030 (Volume/Units) - Global Industry Research
3.1.1 Sweetener Market 2023-2030 (Volume/Units)
3.1.2 Leaving Agent Market 2023-2030 (Volume/Units)
3.1.3 Enzyme Market 2023-2030 (Volume/Units)
3.1.4 Color Flavor Market 2023-2030 (Volume/Units)
3.1.5 Emulsfier Market 2023-2030 (Volume/Units)
3.1.6 Preservative Market 2023-2030 (Volume/Units)
3.2 By Aplication Market 2023-2030 (Volume/Units) - Global Industry Research
3.2.1 Bread Market 2023-2030 (Volume/Units)
3.2.2 Cake Pastry Market 2023-2030 (Volume/Units)
3.2.3 Roll Pie Market 2023-2030 (Volume/Units)
3.2.4 Cookie Biscuit Market 2023-2030 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2023-2030 (Volume/Units)
5.North America MARKET SEGMENTATION Market 2023-2030 ($M)
5.1 By Ingredient Type Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Sweetener Market 2023-2030 ($M)
5.1.2 Leaving Agent Market 2023-2030 ($M)
5.1.3 Enzyme Market 2023-2030 ($M)
5.1.4 Color Flavor Market 2023-2030 ($M)
5.1.5 Emulsfier Market 2023-2030 ($M)
5.1.6 Preservative Market 2023-2030 ($M)
5.2 By Aplication Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Bread Market 2023-2030 ($M)
5.2.2 Cake Pastry Market 2023-2030 ($M)
5.2.3 Roll Pie Market 2023-2030 ($M)
5.2.4 Cookie Biscuit Market 2023-2030 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
7.South America MARKET SEGMENTATION Market 2023-2030 ($M)
7.1 By Ingredient Type Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Sweetener Market 2023-2030 ($M)
7.1.2 Leaving Agent Market 2023-2030 ($M)
7.1.3 Enzyme Market 2023-2030 ($M)
7.1.4 Color Flavor Market 2023-2030 ($M)
7.1.5 Emulsfier Market 2023-2030 ($M)
7.1.6 Preservative Market 2023-2030 ($M)
7.2 By Aplication Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Bread Market 2023-2030 ($M)
7.2.2 Cake Pastry Market 2023-2030 ($M)
7.2.3 Roll Pie Market 2023-2030 ($M)
7.2.4 Cookie Biscuit Market 2023-2030 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
9.Europe MARKET SEGMENTATION Market 2023-2030 ($M)
9.1 By Ingredient Type Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Sweetener Market 2023-2030 ($M)
9.1.2 Leaving Agent Market 2023-2030 ($M)
9.1.3 Enzyme Market 2023-2030 ($M)
9.1.4 Color Flavor Market 2023-2030 ($M)
9.1.5 Emulsfier Market 2023-2030 ($M)
9.1.6 Preservative Market 2023-2030 ($M)
9.2 By Aplication Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Bread Market 2023-2030 ($M)
9.2.2 Cake Pastry Market 2023-2030 ($M)
9.2.3 Roll Pie Market 2023-2030 ($M)
9.2.4 Cookie Biscuit Market 2023-2030 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
11.APAC MARKET SEGMENTATION Market 2023-2030 ($M)
11.1 By Ingredient Type Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Sweetener Market 2023-2030 ($M)
11.1.2 Leaving Agent Market 2023-2030 ($M)
11.1.3 Enzyme Market 2023-2030 ($M)
11.1.4 Color Flavor Market 2023-2030 ($M)
11.1.5 Emulsfier Market 2023-2030 ($M)
11.1.6 Preservative Market 2023-2030 ($M)
11.2 By Aplication Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Bread Market 2023-2030 ($M)
11.2.2 Cake Pastry Market 2023-2030 ($M)
11.2.3 Roll Pie Market 2023-2030 ($M)
11.2.4 Cookie Biscuit Market 2023-2030 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
13.MENA MARKET SEGMENTATION Market 2023-2030 ($M)
13.1 By Ingredient Type Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Sweetener Market 2023-2030 ($M)
13.1.2 Leaving Agent Market 2023-2030 ($M)
13.1.3 Enzyme Market 2023-2030 ($M)
13.1.4 Color Flavor Market 2023-2030 ($M)
13.1.5 Emulsfier Market 2023-2030 ($M)
13.1.6 Preservative Market 2023-2030 ($M)
13.2 By Aplication Market 2023-2030 ($M) - Regional Industry Research
13.2.1 Bread Market 2023-2030 ($M)
13.2.2 Cake Pastry Market 2023-2030 ($M)
13.2.3 Roll Pie Market 2023-2030 ($M)
13.2.4 Cookie Biscuit Market 2023-2030 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
LIST OF FIGURES
1.US Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)2.Canada Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
3.Mexico Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
4.Brazil Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
5.Argentina Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
6.Peru Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
7.Colombia Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
8.Chile Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
9.Rest of South America Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
10.UK Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
11.Germany Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
12.France Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
13.Italy Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
14.Spain Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
15.Rest of Europe Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
16.China Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
17.India Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
18.Japan Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
19.South Korea Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
20.South Africa Gcc Bakery Ingredients Market Revenue, 2023-2030 ($M)
21.North America Gcc Bakery Ingredients By Application
22.South America Gcc Bakery Ingredients By Application
23.Europe Gcc Bakery Ingredients By Application
24.APAC Gcc Bakery Ingredients By Application
25.MENA Gcc Bakery Ingredients By Application