Bakery Preservatives: Market outlook
Bakery preservative is the substance or a chemical product, which is added to bakery food, to prevent decomposition of bakery goods by microbial growth or by undesirable chemical changes. Bakery preservatives are generally made up in the artificial and natural way. Where the natural bakery preservative is more in demand due to the additional health benefits and no harm to health characteristic. Whereas artificial preservatives are chemical additives which restrict the growth of microorganisms and slow down the food deterioration. Food deterioration is mainly caused by microorganisms and oxidation reactions. Besides, bakery preservatives also help to stabilize fats and oils, by extending their oxidation as well as prevent discoloration of natural pigments of bakery product for a longer duration. In the global bakery preservatives market, North America and Europe hold the major share in production and consumption of bakery preservatives, owing to the presence of key bakery manufacturers in the region. Also, attractive promotional activities and strategies applied by manufacturers in the region are spurring the demand for bakery preservatives. With the increasing demand for bakery preservatives among food, manufacturers are expected to boost the growth of bakery preservatives in the coming future.
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Increasing consumption of bakery preservative with increasing consumption rate of bakery products around the worldwide
In the global food and beverage market, bakery preservatives are high in demand owing to their antibacterial properties which help to increase the shelf life of bakery products. Bakery products are more prone to infestation with microorganisms such as bacteria and fungi, which make bakery preservative one of the key ingredients of bakery food products. In the global bakery preservative market, synthetic bakery preservatives have major share over the natural preservative. But, the demand for natural bakery preservative is increasing in parallel with the flourishing trend of consuming natural food ingredients. On the other hand, the chemical preservatives are more economical, broad functionalities, and easily available, making chemical preservative more favorable for bakery product manufacturers. However, growing resistance from consumers and effects on human health are among the major reasons leading to faster growth of natural preservatives.
Bakery products are among the most popular food products across the globe, and the number of HoReCa outlets in the world are increasing day by day due to the increasing consumer demand. On the other hand, health awareness and consciousness towards healthy food consumption among the consumers across the globe are expected cause reduction in demands for chemical bakery preservatives, which hold the major market share hindering the growth of the global bakery preservative market.
Bakery Preservatives: Market Segmentation
Based on source, the global bakery preservatives market can be segmented as:
Based on product type, the global bakery preservatives market can be segmented as:
- Sodium Propionate
- Soy Lecithin Liquid
- Calcium Propionate
- Lactic Acid Powder
Based on end-users, the global bakery preservatives market can be segmented as:
- Pizza crusts
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Bakery Preservatives: Key Players
Key players operating their business in global bakery preservatives market are Sunsweet Growers, Foodchem International Corporation, Honeyville Food Products, Inc., Kemin Food Technologies, Saputo Ingredients, Blagden Specialty Chemicals Ltd., Ronas Chemicals Ind.Co., Ltd., Tereos Syral and others.
Opportunities for Market Participants:
The steady growth of the food and beverage industry and the expansion of HoReCa across the globe has significantly boosted the growth of bakery products putting a positive impact on the growth of the bakery preservatives market. The rising HoReCa sector is likely to trigger the use of bakery preservative to a significant extent. Bakery preservatives have proved extremely effective in extending the shelf life as compared to other ingredients used in bakery products. Apart from all the above-mentioned factors, increasing awareness about the benefits of bakery preservatives among bakery manufacturers is also contributing to the healthy growth of bakery preservatives.
The bakery preservatives market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Bakery preservatives market, including but not limited to: regional markets, source, product type and end users.
The study is a source of reliable data on:
- Bakery preservatives market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The bakery preservatives market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the bakery preservatives market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Bakery preservatives market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the bakery preservatives market
- Recommendations to companies for strengthening their foothold in the bakery preservatives market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.