Global frozen bakery additives market to grow at a CAGR of 6.47% during the period 2017-2021.
Global Frozen Bakery Additives Market 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increasing demand for baked products. The diverse lifestyle of the population and the rise in the disposable income of people have transformed the social and economic structure of the society. This has resulted in an increased preference for bakery products such as bread, cakes, biscuits, pastries, pizza, and donuts. This has driven the demand for bakery additives from the food industry, fueling the growth of the market during the forecast period.
According to the report, one driver in the market is environment-friendly manufacturing process. Most of the frozen food additives are derived from natural ingredients, which are prepared using environment-friendly manufacturing processes as they do not give rise to volatile organic compound (VOC) emissions. For instance, the most widely used emulsifiers are non-hydrogenated olive oil, nut oils, and avocado oils, which are derived from the process of emulsification. Therefore, the easy and environment-friendly manufacturing processes serve as an advantage, thereby boosting the growth of the global frozen bakery additives market.
Further, the report states that one challenge in the market is increase in the price of raw materials. The price of the raw materials that are used to manufacture flavors is highly volatile. For instance, the price of D-limonene, which is used as a prime ingredient in the production of citrus flavors, is volatile. This is because of the imbalance in the production of oranges globally. The price of 8 fl oz. of D-limonene was recorded at $20.1 in March 2016 and reduced to $19 in December 2016. The price again increased to $23.3 in June 2017. Therefore, this volatility in the prices of the ingredients tends to alter the prices of the products drastically, which will have an impact on the demand for frozen bakery additives during the forecast period.
- Archer Daniels Midland
Other Prominent Vendors
- Chr. Hansen Holding
- Sensient Technologies Corporation
- Tate & Lyle
Key Topics Covered:
1: Executive Summary
2: Scope of the Report
3: Research Methodology
5: Market Landscape
6: Market Segmentation by Additive Type
7: Regional Landscape
8: Decision Framework
9: Drivers and Challenges
10: Market Trends
11: Vendor Landscape
12: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/stc3wf/2017_global?w=4