Global Bakery Inclusions Market, By Product (Brownies, Cake, Cookies, Pastry), Type (Fruit Fillings, Jellies, Jams, and Emulsions, Flavoured Flakes, Chunks, and Chips, Caramel Inclusions, Customized Fillings), Distribution Channel (Direct Sales/B2B, Indirect Sales/B2C) – Industry Trends and Forecast to 2029
Market Analysis and Size
Bakery inclusions have taken an important role in the bakery sector as they impart any desired texture or flavour in the baked products. These ingredients are being widely utilized across bakeries to enhance the appeal of food products while also imparting health benefits to products.
Global Bakery Inclusions Market was valued at USD 13.76 billion in 2021 and is expected to reach USD 26.03 billion by 2029, registering a CAGR of 8.30% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Market Definition
Food inclusions refer to the ingredients are generally added to baked food and confectionaries to enhance their texture or organoleptic properties. These ingredients assist in improving the sensory properties of baked goods. The bakery inclusions are basically added food ingredients that are known to impart a certain value to bakery products.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Brownies, Cake, Cookies, Pastry), Type (Fruit Fillings, Jellies, Jams, and Emulsions, Flavoured Flakes, Chunks, and Chips, Caramel Inclusions, Customized Fillings), Distribution Channel (Direct Sales/B2B, Indirect Sales/B2C)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Cargill, Incorporated. (US), ADM (US), Barry Callebaut (Switzerland), Kerry Inc. (Ireland), Tate & Lyle (UK), AGRANA Beteiligungs-AG (Austria), Sensient Technologies Corporation (US), PURATOS (Belgium), Balchem Inc., (US), GEORGIA NUT COMPANY (US), Inclusion Technologies (US), Nimbus Foods Ltd (India), IBK TROPIC, S.A (Spain), TruFoodMfg. (US), FoodFlo International Ltd (US), Confection by Design. (UK), Dawn Food Products, Inc. (US), Pecan Deluxe Candy (Europe), among others
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Market Opportunities
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Bakery Inclusions Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rise in Demand for Processed Food
The rise in demand for processed food along with some sort of value addition acts as one of the major factors driving the growth of bakery inclusions market. Also, the shift in food consumption patterns among consumers coupled with change in the dietary patterns assist in the expansion of the market.
- Increase in Demand for Convenience Snacks
The surge in demand for convenience snacks and confectionaries owing to the change in lifestyle and increased disposable income further influence the market. The rise in the popularity of the bakery inclusions due to the functional properties offered by these food inclusions has a positive impact on the market growth.
- Use of Chocolate-Based Food Inclusions
The increase in the use of chocolate-based food inclusions on numerous products to acquire a glossy look while enhancing the organoleptic properties of these baked products further influence the market. Various bakery products and confectionaries are utilizing these inclusions to add new aspects.
Additionally, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the nutrition plan positively affect the bakery inclusions market.
Opportunities
Furthermore, product premiumization and developments in the bakery inclusions extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in popularity of products that contain various fruits and nuts will further expand the market.
Restraints/Challenges
On the other hand, resultant increase in the final price of end products and difficulties with processing are expected to obstruct market growth. Also, issues with storage temperature are projected to challenge the bakery inclusions market in the forecast period of 2022-2029.
This bakery inclusions market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bakery inclusions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Bakery Inclusions Market
The COVID-19 has impacted bakery inclusions market. The limited investment costs and lack of employees hampered sales and production of beverages. However, market key players adopted new safety measures for developing the products. The online distribution channel changing the shopping habits of people as it offers benefits such as easy payment methods, availability of a wide range of products, doorstep delivery and heavy discounts assisted in the growth of the market during the pandemic, and will further accelerate the growth during the post-pandemic situation.
Recent Developments
- Tilia Holdings, a Chicago-based private investment firm acquired Ellison Bakery, LLC, a premier bakery solutions provider in August’2020. The acquisition aims at expanding the product portfolio of the company and enhance market value.
Global Bakery Inclusions Market Scope and Market Size
The bakery inclusions market is segmented on the basis of product, type, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Brownies
- Cake
- Cookies
- Pastry
Type
- Fruit Fillings
- Jellies, Jams, and Emulsions
- Flavoured Flakes
- Chunks, and Chips
- Caramel Inclusions
- Customized Fillings
Distribution Channel
- Direct Sales/B2B
- Indirect Sales/B2C
Bakery Inclusions Market Regional Analysis/Insights
The bakery inclusions market is analysed and market size insights and trends are provided by country, product, type, and distribution channel as referenced above.
The countries covered in the bakery inclusions market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the bakery inclusions market because of the high domestic consumption of the products along with prevalence of various food and beverages manufacturers within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the increase in the consumption of the product in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bakery Inclusions Market Share Analysis
The bakery inclusions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bakery inclusions market.
Some of the major players operating in the bakery inclusions market are
- Cargill, Incorporated. (US)
- ADM (US)
- Barry Callebaut (Switzerland)
- Kerry Inc. (Ireland)
- Tate & Lyle (UK)
- AGRANA Beteiligungs-AG (Austria)
- Sensient Technologies Corporation (US)
- PURATOS (Belgium)
- Balchem Inc., (US)
- GEORGIA NUT COMPANY (US)
- Inclusion Technologies (US)
- Nimbus Foods Ltd (India)
- IBK TROPIC, S.A (Spain)
- TruFoodMfg. (US)
- FoodFlo International Ltd (US)
- Confection by Design. (UK)
- Dawn Food Products, Inc. (US)
- Pecan Deluxe Candy (Europe)
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