About Bread Improvers
The consumption of bakery products and increasing advancements in bakery product development will increase the demand for bread improvers. On the other hand, lack of awareness and stagnate adoption of preservatives in food products might hold down the business growth. In addition to this, strict government regulations will also hamper business growth. Although, introduction to organic bakery product will create further opportunities in the market. The bread improvers can also be known as improving agents or drug improvers which are used in regulating uncertainties in the baking process including temperature, humidity, flour quality, and many others. These improvers can be the composition of enzymes, sugars, emulsifiers, antioxidants, acidity regulators, milk solids, fatty acids, and vitamins.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.18% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Vendors having a strong hold in the market are Archer Daniels Midland Company, Associated British Foods plc, Ireks, Oriental Yeast, Fazer group. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Bread Improvers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Archer Daniels Midland Company (United States), Associated British Foods plc (United States), Ireks GmbH (Germany), Oriental Yeast Co., Ltd. (Japan), Fazer group (Finland), Corbion N.V. (Netherlands), Nutrex N.V. (Belgium), Group Soufflet (France), Puratos Group (Belgium) and Lallemand Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Pak Group (United States), InVivo (France), Bakels Worldwide (Switzerland), Lesaffre (France) and John Watson-Inc (United States).
Segmentation Overview
AMA Research has segmented the market of Global Bread Improvers market by Type (Inorganic Bread Improvers and Organic Bread Improvers), Application (Bread, Viennoiseries, Cakes and Others (Pizza Bread, Pies, and other Bakery Products)) and Region.
On the basis of geography, the market of Bread Improvers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powder will boost the Bread Improvers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Emulsifiers will boost the Bread Improvers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction to Innovative Bread Products and Growing Adoption of Bread with Minimum Added Preservatives
Market Growth Drivers:
Increasing Consumption of Bakery Products across the Globe and Growing Demand for Organic Bread Improvers Due to Increasing Health Concerns
Challenges:
Decreasing Adoption of Bakery Products due to Increasing Diet Consciousness
Restraints:
Stringent Government Regulations related to Inclusion of Bleaching Agents in Bakery Products and Lack of Durability and Complex Preservative Techniques for Bakery Products
Opportunities:
Emerging Applications of Bread Improvers and Use of Enzymes as an Alternative to Emulsifiers for Reduction in Production Cost
Market Leaders and their expansionary development strategies
On 3rd June 2019, Associated British Foods plc and Yihai Kerry Arawana Holdings Co., Ltd, a subsidiary of Wilmar International Limited have formed a joint venture which will acquire existing Chinese yeast and bakery ingredients activities of AB Mauri, a division of ABF, and will leverage Yihai Kerry Arawana’s supply chain, extensive sales and distribution network and local market expertise in China. The joint venture will also build and operate a new yeast plant co-located with Wilmar’s food processing plant in the Taha industrial zone in Qiqihar City, China, significantly increasing capacity.
In July 2021, Bakery ingredient supplier Puratos USA is looking to change the game for soft, sweet breads with the launched of its new Intens Puraslim. This bread improver can reduce both calories and saturated fat in breads as well as increase the cost-efficiency of bread production, all while maintaining taste and freshness.
According to the Food Safety and Standards Authority of India (FSSAI), the Food Safety Standards (Food Product Standards and Additives) Regulations, 2011, "the use of potassium iodate as improver is permitted in bread, the maximum level of use of potassium bromate and iodate in bread is set at 50 parts per million (ppm) per kg, while for flour for bakery, potassium bromate is permitted with the maximum level of use at 20 mg/kg.
Key Target Audience
Bread Improvers Manufacturers, Bread Improvers Distributors and Traders, Upstream and Downstream Buyers, Government Agencies, Industry Associations, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.