Increase in popularity of baked food products, rise in demand for bread as functional food, rise in standard of living among people, rapid urbanization.
โ Allied Market Research
PORTLAND, OR, US, June 22, 2023/EINPresswire.com/ — The Leavening Agents Market report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ : https://www.alliedmarketresearch.com/request-sample/32196
The leavening agents market was valued at $6 billion in 2021 and is estimated to reach $9.2 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.
A leavening agent is an ingredient and technique used to make light and airy foods. This is majorly used in the bakery industry, and yeast is the most widely used leavening agent. Biological, chemical, and mechanical/physical are some of the types of leavening agents.
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The players operating in the global leavening agents industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Archer-Daniels-Midland Company, Associated British Foods PLC, Cargill, Inc., Corbion N.V., Kerry Group PLC, Koninklijke DSM N.V., Kraft Heinz Company, Novozymes A/S, Puratos Group NV, and Stern-Wywiol Gruppe GmbH Co. KG.
The report offers detailed segmentation of the global leavening agents market based on form, end-user industry, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (339 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/checkout-final/2d87462fd6b7ffff9f51bffbecfe6234
According to leavening agents market trends, According to end-user industry, the personal & healthcare segment was a significant contributor to the market and is estimated to reach $2,104.5 million by 2031 at a CAGR of 5.5% during the forecast period. Growth in demand for baking soda-based personal & healthcare products and exploration of medicinal benefits of the leavening agents, including yeast and baking soda, are likely to boost the market’s growth during the forecast period.
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The leavening agents market size was $5,971.9 million in 2020 and is estimated to reach $9,198.1 million by 2031, registering a CAGR of 4.2% from 2022 to 2031.
In 2021, depending on form, the biological segment accounted for $4,017.1 million garnering 67.3% of the global market share.
In 2021, on the basis of the end-user industry, the food segment acquired $4,261.6 million, exhibiting 71.4% of the global market share.
Germany was the most prominent market in Europe in 2021 and is projected to reach $760.2 million by 2031, growing at a CAGR of 2.5% during the forecast period.
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