The bread preservatives market is estimated to secure a valuation of USD 4.1 Billion in 2023 and is estimated to rise to USD 7.7 Billion by 2033. The market is anticipated to grow at a CAGR of 6.5% during the forecast period. The factors accelerating the demand for bread preservatives are as follows-
Bread preservatives are compound that is added to the bread during processing to encourage stability and prevent degradation. Bread preservatives are high in demand owing to their antibacterial properties which help in increasing the shelf life of the product.
Bread preservatives are the key ingredient in bread as they avoid the growth of microorganisms in bread. In the global bread preservative industry, artificial bread preservatives have a major share over natural bread preservatives. But the demand for natural bread preservatives is increasing in parallel with the increasing trend of consuming natural food ingredients.
The global bread preservatives market is anticipated to show increasing growth over the forecast period owing to the increased globalization of the food & beverage industry and the increasing incorporation of bread and bread products in daily food.
North America accounts for the largest share of the bread preservatives market. the growth of the market in the region is attributed to the presence of a well-established bakery industry in the countries like USA, Canada, and Mexico. The increasing demand for convenience food and processed food products and the presence of top food preservative manufacturer vendors are likely to drive market growth.
Market expansion in Europe is anticipated to profit from the rising intake of bakery food items, and growing consumer preference for ready-to-eat food products.
Asia Pacific is expected to witness lucrative growth bread preservatives market over the forecast period owing to the rapidly growing food sector and increasing bread consumption in the region.
Some of the market player developing bread preservatives include PAK Holding, Watson Inc, Bakels Worldwide, Lessafre, BreadPartners, Clain Food industries, Riken Vitamin Co. Ltd, Calpro Foods, Kerry, Fazer Group, Corbion N.V., Nutrex N.V., Group Soufflet, Puratos Group among others.
The manufacturer operating in the bread preservatives market are focusing on innovations to maintain the quality of products and also implementing various strategies to gain an advantage such as emphasizing product prices as well as quality and building a strong brand reputation and distribution network.
For instance, BreadPrtenrs introduced Naturell Forte DB 100 - a clean label improver specifically formulated for frozen par-baked bread and rolls
The bread preservatives market is anticipated to show promising growth during the forecast period. Also, the increased application of bread preservatives in bakeries and processed food drive the growth of the market. New entrants are entering the market with new products to cater to changing consumer preferences.
For instance, Surebake offers different types of bread improvers that are of fewer doses and work effectively with high-volume bread. By using this product the bread gets uniform texture, increased bread volume, and adds more water absorption.
Data Point | Key statistics |
---|---|
Expected Market value in 2023 | USD 4.1 Billion |
Projected Market Value in 2033 | USD 7.7 Billion |
Growth Rate (2023 to 2033) | CAGR of 6.5% |
To achieve consistency in bakery products and to prevent staling of bread preservatives are used. In baking process any additional ingredient beside yeast, flour and water are considered as bread preservatives.
Bread Preservatives are used to retard the rate of mold development and as a stabilizer and emulsifier in bakery industry, also used to improve the volume of bread with extra-proofing time, these added advantages is expected to fuel the growth of bread preservatives market across geographies.
Growing demand for additives which improve shelf-life of bakery products due to increased bakery food intake is driving the bread preservatives market.
To sustain the position in market, companies are manufacturing high-quality bread preservatives with multiple benefits such as helping in delay staling of bread, and helps in preventing bread from bacterial spoilage. Manufacturers are focusing on launching new and innovative forms for example- bread preservatives is witnessing potential gain in frozen steamed dough systems as guided by current good manufacturing processes.
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In the packaging of bread preservatives, a significant shift has been noted, focusing on criteria such as convenience and environment disposability of the packaging format. The addition of different forms such as oil and grease barrier coatings and moisture vapor barrier according to the ease of the consumers, which in turn would spur higher global sales of Bread Preservatives.
The future growth potential for food additives which improve shelf-life and stabilizing agents, while adding to freshly-baked breads, such as donuts, to extend the shelf life and keep them firm has been recognized by companies operating on the global bread preservatives market.
As a result, these businesses invest extensively in technologies and introduce new technologies to boost their dominance in the global marketplace. Also, the manufacturing firms capitalize on advanced equipment technologies to solve processing problems and improve the current production cycle.
Some of the key players manufacturing Bread Preservatives are as follows-
Baker’s online, a Belgian startup company and Puratos Group, established a joint-venture to offer a digital platform for artisans bakers by combining in-store shopping with online shopping.
The market for bread preservatives is expected to see rapid growth during the forecast period fueled by increasing demand in bakery industry and as a food preservative and stabilizing agent in widespread variety of foods to encourage gas retention. South Asia is expected to experience higher growth rates due to bread being an important component of diet in the region.
Also, the development of bread preservatives is influenced by shifting preferences between groups of consumers and packaging formats, as it maintains shelf life and firmness of processed breads. Europe accounts for the second largest market for bread preservatives owing to the well-organized bakery industry and presence of international bread manufacturers such as Puratos Group.
The Bread Preservatives market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the Bread Preservatives market, including but not limited to: regional markets, form, type, function, application.
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The Bread Preservatives market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Bread Preservatives market report projects the attractiveness of each major segment over the forecast period.
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