Global Baking Ingredients Market Size study, by Product, by End-use (Bread, Cakes & Pastries, Rolls & Pies), and Regional Forecasts 2022-2032

April 2025 | 285 pages | ID: G8C305542E24EN
Bizwit Research & Consulting LLP

Abstracts

The Global Baking Ingredients Market is valued at approximately USD 16.88 billion in 2023 and is poised to expand at a healthy CAGR of 6.40% over the forecast period 2024-2032. Baking, an age-old culinary tradition, has evolved into a vibrant and innovative industry with the increasing convergence of health-conscious consumers, artisanal craftsmanship, and rapid urban lifestyles. Baking ingredients, once limited to traditional flour and sugar, have now transformed into an expansive category of functional and nutritional additives—ranging from emulsifiers and leavening agents to specialty fats and clean-label sweeteners—designed to improve texture, shelf life, taste, and health benefits. As consumers pivot toward premium, organic, and preservative-free baked goods, the demand for innovative baking solutions has significantly surged across both home bakers and commercial establishments.

This market is being largely driven by a confluence of factors including the global surge in bakery consumption, increased snacking culture, and a growing affinity for Western-style pastries and confections in emerging markets. Moreover, the modern consumer’s growing sensitivity to dietary wellness is compelling manufacturers to develop gluten-free, vegan, low-carb, and allergen-free alternatives. These evolving preferences are encouraging continuous innovation in baking enzymes, colorants, and fortifying agents that enhance nutritional profiles while maintaining flavor and visual appeal. Concurrently, clean-label trends and regulatory pressure for transparency are fueling reformulations with natural, non-GMO, and plant-based ingredients.

However, despite this upward trajectory, the industry isn’t without challenges. Volatile raw material costs, particularly for commodities like cocoa, eggs, and specialty oils, can create supply chain disruptions. Additionally, stringent food safety regulations and the complexities associated with formulating ingredients that are both functional and palatable within clean-label frameworks can hamper the speed of new product introductions. Still, these challenges are giving rise to opportunities for agile, tech-enabled manufacturers that leverage R&D for developing adaptable, consumer-centric ingredient solutions that cater to diverse dietary profiles.

Furthermore, advancements in food processing technologies, coupled with the integration of AI and automation in recipe formulation, are empowering commercial bakeries and foodservice providers to scale up innovation while maintaining product consistency and quality. Ingredient suppliers are increasingly forming strategic partnerships with retail bakery chains and artisanal brands to co-develop customized blends tailored to seasonal trends and regional flavor preferences. The rise of digital commerce is also expanding market access, especially in niche segments like keto baking mixes or probiotic-enhanced bread bases, which are finding traction among health-focused demographics via online retail.

Regionally, Europe remains the powerhouse of the baking ingredients market, supported by deep-rooted baking traditions, a strong artisanal bakery sector, and rising demand for organic and natural baked products. North America follows closely, benefiting from strong innovation pipelines and high consumer spending on premium baked goods. Meanwhile, Asia Pacific is expected to witness the fastest growth over the forecast period, driven by rapid urbanization, growing westernization of diets, and an expanding middle-class population with a taste for diverse bakery formats. Latin America and the Middle East & Africa are also emerging as promising growth frontiers, thanks to increasing urban foodservice expansion and the proliferation of convenience foods.

Major market player included in this report are:

• Cargill, Incorporated
• Archer Daniels Midland Company
• Corbion N.V.
• Associated British Foods plc
• Koninklijke DSM N.V.
• DuPont de Nemours, Inc.
• Lesaffre Group
• Puratos Group
• Kerry Group plc
• Lallemand Inc.
• Dawn Food Products, Inc.
• Bakels Group
• Tate & Lyle PLC
• Ingredion Incorporated
• AAK AB

The detailed segments and sub-segment of the market are explained below:

By Product

• Emulsifiers
• Leavening Agents
• Enzymes
• Baking Powder & Mixes
• Oils, Fats & Shortenings
• Sweeteners
• Colors & Flavors
• Others

By End-use

• Bread
• Cakes & Pastries
• Rolls & Pies

By Region:

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Italy
• ROE

Asia Pacific

• China
• India
• Japan
• Australia
• South Korea
• RoAPAC

Latin America

• Brazil
• Mexico

Middle East & Africa

• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

Contents

CHAPTER 1. GLOBAL BAKING INGREDIENTS MARKET EXECUTIVE SUMMARY

1.1. Global Baking Ingredients Market Size & Forecast (2022–2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Product
  1.3.2. By End use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL BAKING INGREDIENTS MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory Frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL BAKING INGREDIENTS MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Demand for Clean label & Functional Ingredients
  3.1.2. Surge in Bakery Consumption & Snacking Culture
  3.1.3. Health conscious Consumer Preferences
3.2. Market Challenges
  3.2.1. Volatile Raw Material Prices
  3.2.2. Stringent Food Safety Regulations
  3.2.3. Formulation Complexity for Clean label Products
3.3. Market Opportunities
  3.3.1. Expansion of E commerce & D2C Channels
  3.3.2. Technological Advancements in Food Processing
  3.3.3. Growth in Emerging Markets

CHAPTER 4. GLOBAL BAKING INGREDIENTS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL BAKING INGREDIENTS MARKET SIZE & FORECASTS BY PRODUCT 2022–2032

5.1. Segment Dashboard
5.2. Global Baking Ingredients Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  5.2.1. Emulsifiers
  5.2.2. Leavening Agents
  5.2.3. Enzymes
  5.2.4. Baking Powder & Mixes
  5.2.5. Oils, Fats & Shortenings
  5.2.6. Sweeteners
  5.2.7. Colors & Flavors
  5.2.8. Others

CHAPTER 6. GLOBAL BAKING INGREDIENTS MARKET SIZE & FORECASTS BY END USE 2022–2032

6.1. Segment Dashboard
6.2. Global Baking Ingredients Market: End use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  6.2.1. Bread
  6.2.2. Cakes & Pastries
  6.2.3. Rolls & Pies

CHAPTER 7. GLOBAL BAKING INGREDIENTS MARKET SIZE & FORECASTS BY REGION 2022–2032

7.1. North America Baking Ingredients Market
  7.1.1. U.S. Baking Ingredients Market
    7.1.1.1. Product breakdown size & forecasts, 2022–2032
    7.1.1.2. End use breakdown size & forecasts, 2022–2032
  7.1.2. Canada Baking Ingredients Market
7.2. Europe Baking Ingredients Market
  7.2.1. UK Baking Ingredients Market
  7.2.2. Germany Baking Ingredients Market
  7.2.3. France Baking Ingredients Market
  7.2.4. Spain Baking Ingredients Market
  7.2.5. Italy Baking Ingredients Market
  7.2.6. Rest of Europe Baking Ingredients Market
7.3. Asia Pacific Baking Ingredients Market
  7.3.1. China Baking Ingredients Market
  7.3.2. India Baking Ingredients Market
  7.3.3. Japan Baking Ingredients Market
  7.3.4. Australia Baking Ingredients Market
  7.3.5. South Korea Baking Ingredients Market
  7.3.6. Rest of Asia Pacific Baking Ingredients Market
7.4. Latin America Baking Ingredients Market
  7.4.1. Brazil Baking Ingredients Market
  7.4.2. Mexico Baking Ingredients Market
  7.4.3. Rest of Latin America Baking Ingredients Market
7.5. Middle East & Africa Baking Ingredients Market
  7.5.1. Saudi Arabia Baking Ingredients Market
  7.5.2. South Africa Baking Ingredients Market
  7.5.3. Rest of Middle East & Africa Baking Ingredients Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Cargill, Incorporated
  8.1.2. Archer Daniels Midland Company
  8.1.3. Corbion N.V.
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Cargill, Incorporated
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Archer Daniels Midland Company
  8.3.3. Corbion N.V.
  8.3.4. Associated British Foods plc
  8.3.5. Koninklijke DSM N.V.
  8.3.6. DuPont de Nemours, Inc.
  8.3.7. Lesaffre Group
  8.3.8. Puratos Group
  8.3.9. Kerry Group plc
  8.3.10. Lallemand Inc.
  8.3.11. Dawn Food Products, Inc.
  8.3.12. Bakels Group
  8.3.13. Tate & Lyle PLC
  8.3.14. Ingredion Incorporated
  8.3.15. AAK AB

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

List Of Tables

LIST OF TABLES

TABLE 1. Global Baking Ingredients market, report scope
TABLE 2. Global Baking Ingredients market estimates & forecasts by Region 2022–2032 (USD Million/Billion)
TABLE 3. Global Baking Ingredients market estimates & forecasts by Product 2022–2032 (USD Million/Billion)
TABLE 4. Global Baking Ingredients market estimates & forecasts by End use 2022–2032 (USD Million/Billion)
TABLE 5. Global Baking Ingredients market by segment, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 6. Global Baking Ingredients market by region, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 7. Global Baking Ingredients market by segment, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 8. Global Baking Ingredients market by region, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 9. Global Baking Ingredients market by segment, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 10. Global Baking Ingredients market by region, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 11. Global Baking Ingredients market by segment, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 12. Global Baking Ingredients market by region, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 13. Global Baking Ingredients market by segment, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 14. Global Baking Ingredients market by region, estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 15. U.S. Baking Ingredients market estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 16. U.S. Baking Ingredients market estimates & forecasts by segment 2022–2032 (USD Million/Billion)
TABLE 17. U.S. Baking Ingredients market estimates & forecasts by segment 2022–2032 (USD Million/Billion)
TABLE 18. Canada Baking Ingredients market estimates & forecasts, 2022–2032 (USD Million/Billion)
TABLE 19. Canada Baking Ingredients market estimates & forecasts by segment 2022–2032 (USD Million/Billion)
TABLE 20. Canada Baking Ingredients market estimates & forecasts by segment 2022–2032 (USD Million/Billion)