Market Forecast
The global leavening agents market size is projected to be valued at USD 900million by 2028, registering a CAGR of 5.8% between 2021 and 2028. Leavening agents play an essential role in the bakery industry. Leavening agents are the ingredients used to make the dough; these preservatives help release gases from the mix, producing a wide range of baked products. Additionally, the North American and European markets are witnessing the growing demand for leavening agents. The leavening agents market has registered tremendous growth in the past few years, and the trend is expected to continue during the forecast period. The factors above are anticipated to create substantial growth opportunities for the global leavening agents market.
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Market USP
Increased consumption of gluten-free products
Growth Opportunities in the Market
Increase in demand for chemical leavening agents: Increasing demand for chemical leavening agentsfor functional benefits in bakery products has propelled the sales of leavening agents.
Increase in application of leavening agents of bakery products: Compared to other products, leavening agents have the significant applications in bakery products as it gives shape, texture, and taste to the bakery products. Bakery products such as cakes, pastries, and bread have the requirement of leavening agents, which furthers drives the growth of the global leavening agents market.
Key Players
Kudos Blends Limited (UK)
PURATOS (UK)
Corbion N.V. (Netherlands)
AB Mauri Food Inc. (US)
(Canada)
Sunkeen (China)
Kraft Foods Group Inc. (US)
Clabber Girl Corporation (US)
Lesaffre . (France)
DSM (Netherlands)
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