Frozen Bakery Additives Market Size

Report ID: GMI1280
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Published Date: November 2023
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Report Format: PDF

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Frozen Bakery Additives Market Size

Frozen Bakery Additives Market size is estimated to record a CAGR of over 6% from 2023 to 2032. Changing consumer lifestyles and urbanization have led to an increased demand for convenient, ready-to-bake frozen bakery products. According to Food Industry Association’s (FMI) 2022 report, less desirability towards cooking is the reason for 40% of restaurant-goers' for eating outside. These products provide consumers with the flexibility to enjoy freshly baked goods without the need for time-consuming preparation, making them highly popular in today's fast-paced world.

 

Frozen Bakery Additives Market

The rising popularity of premium and specialty bakery products is also contributing to frozen bakery additives market expansion. Consumers are increasingly seeking unique and indulgent frozen bakery offerings, such as artisanal bread, gourmet pastries, and gluten-free options. As per a survey conducted by Barry Callebaut, a leading manufacturer of high-quality chocolate & cocoa products, 74% of consumers enjoy trying new flavors of baked goods. Additives play a crucial role in maintaining the quality and consistency of these specialty products, making it a preferred ingredient for manufacturers.
 

Regulatory challenges pose a significant hurdle, as additives are subject to evolving regulations, and manufacturers must navigate a complex landscape to ensure compliance while meeting consumer demands for clean labels and minimal additives. Additionally, consumer concerns about the health and nutritional aspects of processed foods are pushing the demand for additive-free and more natural frozen bakery products.
 

 

According to a report published by International Food Information Council in 2022, the most common diets or eating patterns last year included clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based (12%) which showcases an increased inclination towards healthy alternatives.  This shift in consumer preferences, coupled with the need for transparent labeling, is restraining the market growth.
 

 

Authors: Kunal Ahuja, Sarita Bayas
Frequently Asked Question(FAQ) :
Who are the key players in frozen bakery additives landscape?
Puratos, Cargill, Color House, DuPont de Nemours, Inc., Kerry Group, Associated British Foods plc, Novozymes A/S, and Brenntag AG.
What factors are boosting the growth of Europe frozen bakery additives industry?
Why are frozen bakery colorants witnessing high demand?
How will frozen baker additives market growth through 2032?
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    Base Year: 2022

    Companies covered: 15

    Tables & Figures: 536

    Countries covered: 23

    Pages: 300

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