Leavening Agents Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Forecast to 2029
Posted on Feb 6 2023 9:54 AM
"Leavening agents, leaveners, or raising agents are substances that contribute to the structure and texture of baked goods by allowing gas to expand, thereby maintaining the fluffiness and volume of the finished product."
The global leavening agents market size is set to gain traction owing to the rising shift in consumers' preferences toward baked goods. Fortune Business InsightsTM has presented this information in its report titled “Leavening Agents Market, 2022-2029”. Leavening agents are essential in the bakery industry; thus, the growing popularity of baked goods would positively impact the market adoption of various bakery ingredients, including leavening agents. Leavening agents, leaveners, or raising agents are substances that contribute to the structure and texture of baked goods by allowing gas to expand, thereby maintaining the fluffiness and volume of the finished product.
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COVID-19 Impact -
COVID-19 Outbreak Affected Food Industries Owing to Hindrance in Supply Chain
The COVID-19 pandemic has also had an impact on the market in several regions. The supply chain was disrupted as a result of the lockdown. Several businesses and industries were closed, which had a negative impact on the market. This pandemic has also had an impact on logistics providers and farmworkers. All bakery shops were closed due to the nationwide lockdown. This had a negative impact on the sales of leavening agents. The foodservice industry has seen a drop in demand for bakery products, which were previously regarded as one of the most in-demand items in the industry. The expansion of the bakery and confectionery sectors, as well as ongoing efforts by market participants to innovate new products, will drive global market expansion in the coming years.
On the basis of form, the leavening agents industry is divided into biological, chemical, and physical. On the basis of applications, the market is segmented into seafood, bakery products, fried foods, wheat flour, and soy products. Geographically, the market is classified into Asia Pacific, North America, Europe, South America, and the Middle East & Africa.
Report Coverage -
The report delves deeply into the industry of leavening agents. The report includes data on the market's driving and restraining factors, growth opportunities and challenges. It also discusses the overall impact of COVID-19 and the critical strategies key players use to gain market leadership.
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Drivers & Restraints -
Natural Quality and Health Benefits of Lavender to Drive the Market Growth
The role of leavening agents in the food and beverage industries has been extensive, increasing the opportunities for innovative new product development. The shift in consumer preferences toward baked goods is primarily due to their convenience, palatability, and seasonal availability. The global leavening agents market is expected to grow significantly due to consumer interest in new baked goods and party cultures, which will further strengthen the market rate. Along with the various dynamic reasons for the leavening agent market, a few challenges can impede its growth. The ratio of leavening agents in foods must be balanced to produce enough carbon dioxide. As the number of health-conscious consumers increases, this balance may become a serious issue for the leavening agents market growth.
Regional Insights -
Growing Population Makes North America the Largest Shareholder
North America has the largest leavening agents market share. Factors such as the growing population and demand for processed bakery products contribute to the region's increased demand for raising agents. Furthermore, the growing population, increasing demand for high-quality products, and disposable income help the leavening agent's industry thrive in the market.
Competitive Landscape -
Lesaffre to Launch a New Yeast Product
In June 2019, Lesaffre introduced a new yeast product for the bread industry in Japan. The new l'hirondelle 1895 product is a semi-dry frozen used in bread-making. The yeast used is simple to store and versatile to use.
List of Key Players in the Global Market -
Kudos Blends Limited (U.K.)
Corbion N.V. (Netherlands)
AB Mauri Food Inc. (U.S.)
Kraft Foods Group Inc. (U.S.)
Clabber Girl Corporation (U.S.)
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