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Europe Bakery Ingredients Market shows promising growth in the forecast period (2016-2021)

 



(Entertainment-NewsWire.com, December 13, 2017 ) The Europe Bakery Ingredients Market was worth $4.04 billion in 2016 and estimated to be growing at a CAGR of 5.26%, to reach $5.21 billion by 2021. Bakery ingredients such as baking powder, butter, baking soda, flour, eggs, fruits, nuts, honey, flavour enhancers and colour additives are used in the bakery products to improve their overall product quality, to save time and for longevity.

Browse market data tables and in-depth TOC of the Europe Bakery Ingredients Market to 2021 @ http://www.marketdataforecast.com/market-reports/europe-bakery-ingredients-market-1031/

Bakery Ingredients are accessible in an extensive variety and inclinations vary from one region to another. Easy access of international data and exposure of several bakery products has augmented the demand for bakery ingredients. Some of the most normally found bakery ingredients are baking powder, butter, baking soda, flour, eggs, fruits, nuts, honey, flavour enhancers and colour additives.

The growth of the Europe Bakery Ingredients market is majorly driven by factors such as rise in demand for bakery ingredients, and shifting lifestyles which leave little to no time to cook meals. The key restraint of the market is the high sugar and carb levels in the baked products which lead to health problems. The diabetic epidemic is a key heath issue throughout the world and it has been escalating, especially in middle income families, who are the chief consumers of bakery products.

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The Europe Bakery Ingredients market is segmented based on Application and Type. The market for Bakery Ingredients, on the basis of Application, is classified into Cookies & Biscuits, Cakes & Pastries, Rolls & Pies, Bread, Torts, and Others. On the basis of Type, the Bakery Ingredients market is segmented into Enzymes, Baking Powder & Mixes, Colours & Flavours, Starch, Oils & Shortenings, Leavening Agents, Emulsifiers, Sweeteners, Mould Inhibitors, Preservatives, and Others. The bread segment leads the Bakery Ingredients market under the application segment. However, the cakes & pastries segment is anticipated to grow at the highest CAGR due to growing demand from emerging economies. In terms of type, the baking powders & mixes segment leads the market, followed by oils, & shortenings. However, the enzymes segment is projected to grow at the highest CAGR in terms of worth. Ingredients presenting similar functionalities are engaging in an aggressive rivalry due to raw material unavailability and production expenses. For example, use of enzymes in baking limits the progress of emulsifiers in baking applications.

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Europe Bakery Ingredients Market Geographical Analysis
• U.K
• Spain
• Germany
• Italy
• France

Europe Bakery Ingredients Market Leaders' Analysis
• Cargill Inc.
• Kerry group
• Associated British Foods
• DSM
• DuPont
• Dawn Foods Ltd
• Taura Natural Ingredients
• Muntons PLC
• Corbion N.V.
• British Bakels Limited

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