Frozen Bakery Additives Market: Overview
The frozen bakery additives market is benefitting from the ever-expanding processed food industry, and is expected to continue to do so in the forthcoming years. Food additives play an important role in food processing, without which it would be impossible to manufacture an expansive range of attractive processed food products. Frozen bakery additives are classified into preservatives, emulsifiers, antioxidants, thickeners, stabilizers, sweeteners, flavor enhancers, colors, etc.
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Frozen Bakery Additives Market: Competitive Landscape
The frozen bakery additives market is fragmented with the presence of several large players that operate globally. Product innovation and R&D for wider use of existing products is the focus of large players in the frozen bakery additives market. However, presence of some small players in regional markets that offer low-cost products, is posing hurdles for large players to establish a foothold.
Key companies operating in the frozen bakery additives market include Ab Nordbakels, Archer Daniels Midland Co., Ddw-the Color house, E.l Dupont De Nemours & Company, Kerry Group, Lonza Group Ltd., Palsgaard A/S, Puratos Group N.V., Riken Vitamin Co. Ltd., Sensient Technologies Corp., Associated British Foods Plc., David Michael & Co., Cargill Inc., Engrain, Jungbunzlauer AG, Lasenor Emul S.L., Novozymes A/S, Royal Dsm N.V., Purac Biochem B.V., and Shenzhen Leveking Bio-Engineering Co. Ltd.
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Frozen Bakery Additives Market: Key Trends
Rising demand for reasonably priced frozen bakery products is spurring growth of frozen bakery additives market. Bakery additives are used for one or more functions, thus making them important for the bakery industry. For example, lecithin is used in frozen bakery products as a stabilizing agent or as an emulsifier. Similarly different bakery additive acids act as antioxidants and preservatives.
The other additives segment holds the leading share in the frozen bakery additives market. Emulsifiers qualifies to hold substantial share due to its function of expanding shelf life and improving the structure of products.
Frozen Bakery Additives Market: Regional Assessment
Europe is the leading region in the frozen bakery additives market followed by North America and Asia Pacific.
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