North America Bakery Inclusions Market, By Inclusion Type (Chocolate Inclusions, Caramel Inclusions, Dried Fruits and Nuts, Coarse Sugar, Baked Pieces, Fruit Inclusion Flavored Sugar Inclusion, and Others), End User (Food & Beverages Processors, Food Service Industry, and Household/Retail), Form (Dry and Liquid), Source (Plant Based and Non-Plant Based), Application (Breads, Muffins, Doughnuts, Croissants, Rolls, Cakes & Pastries, Cookies & Biscuits, and Others), Flavor (Flavor and Regular), Distribution Channel (Direct and Indirect) - Industry Trend and Forecast to 2029.
Market Analysis and Insights
The major growth factor in the bakery inclusions market is rapidly changing lifestyle as well as an increase in the working population. The prime factor driving the demand for bakery inclusions is the increasing demand for processed food with some sort of value addition. Furthermore, the rising disposable incomes, rapid urbanization as well as the growing demand for convenience snacks and confectionaries are also heightening the overall demand for bakery inclusions market over the forecast period. Moreover, the various functional properties offered by inclusions and the increasing demand for bakery and confectionery products also serve as the foremost drivers for increasing the demand for bakery inclusions market. In addition, the presence of a large number of applications in the food and beverages sector is also lifting the growth of the bakery inclusion market. Data Bridge Market Research analyses that the North America bakery inclusions market will grow at a CAGR of 7.5% during the forecast period of 2022 to 2029.
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2020 - 2014) |
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Quantitative Units |
Revenue in USD Million, Pricing in USD |
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Segments Covered |
By Inclusion Type (Chocolate Inclusions, Caramel Inclusions, Dried Fruits and Nuts, Coarse Sugar, Baked Pieces, Fruit Inclusion Flavored Sugar Inclusion, and Others), End User (Food & Beverages Processors, Food Service Industry, and Household/Retail), Form (Dry and Liquid), Source (Plant Based and Non-Plant Based), Application (Breads, Muffins, Doughnuts, Croissants, Rolls, Cakes & Pastries, Cookies & Biscuits, and Others), Flavor (Flavor and Regular), Distribution Channel (Direct and Indirect) |
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Countries Covered |
U.S., Canada, and Mexico |
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Market Players Covered |
Kerry, Dr. Oetker, Pecan Deluxe Candy Company, AMERICAN SPRINKLE COMPANY, Girrbach Süßwarendekor GmbH, Cacau Foods do Brasil., Shantou Hehe Technology Co.,Ltd, Barry Callebaut, The Kraft Heinz Company, Cape Foods, Paulaur Corporation, GÜNTHART & Co. KG, Signature Brands, LLC, among others |
North America Bakery Inclusions Market Dynamics
Drivers
- Rising consumption of bakery products
Bakery goods comprise yeast-leavened pan bread, hearth bread, flatbreads, biscuits, cakes, muffins, cookies, bun, puff, and flour tortillas. They are manufactured from different flour such as wheat grain flour, sorghum flour, and many blends of different flour, with different compositions of blenders, emulsifiers, taste enhancers, preservatives, and many more ingredients for enhancing the desirable texture, color, taste, and aromas. Different inclusions are being used in bakery goods, such as chocolate inclusions, caramel inclusions, dried fruits and nuts, coarse sugar, baked pieces, fruit inclusion, and flavored sugar inclusion, among others. These inclusions provide taste and texture to the bakery products.
- Health benefits combined with taste in fruit- and nut-based bakery inclusions
Dried fruit inclusions are globally preferred inclusions due to the increase in demand for less sugared products as there is a rising prevalence of obesity. These fruit inclusions give natural sweetness to the products. The most common fruit inclusions used in the market are apple, apricot, banana, cherry, blackcurrant, rig, grape, mango, pineapple, and peach, among others.
Fruit inclusions provide health benefits such as antioxidants, vitamins, minerals, and other functional health benefits. In addition, due to evolving trend of utilization of natural sources of sugar in inclusions and moving away from processed sugar is driving the demand for fruit inclusions. It is also drawing the attention of health-conscious consumers all around the world.
Opportunities
- Increase in demand for convenient food products
The demand for time for dinner time solutions by present-day clients is growing rapidly, as meal consumption behaviour among customers is shifting notably. While individuals more and more lack the time and skill to put together food for their homes, many consumers are willing to spend money in the ready-to-eat market. This factor has increased the demand for convenience food retail market.
The coronavirus pandemic is changing customers' way of life towards consuming comfort foods because maximum international locations are forced to restrict motion and lockdown their borders. The need for pre-prepared food is paramount within this period, particularly within the U.S., where the pandemic is hitting the nation tough.
Restraints/Challenges
- Limited shelf life of bakery products
The major concern for bakery goods is to maintain their freshness in terms of taste, texture, and aroma. Bakery products have a limited shelf life. Various enzymes are genetically modified to enhance the freshness of the bakery products by maintaining proper texture, stability, freshness, volume, and aroma of the bakery goods. These enzymes have harmful effects on human health, which is expected to restrain the bakery products market.
Post COVID-19 Impact on North America Bakery Inclusions Market
COVID-19 has affected the North America bakery inclusions market to some extent. Due to the lockdown, the manufacturing process was halted as well as the demand from the end-users also decreased, which has affected the market. Post-COVID, the demand for bakery inclusions is increased due to changes in purchasing patterns of consumers and a gradual shift towards increasing the demand for bakery inclusions among various end users such as automotive, aerospace and defense, electronics and electrical, building and construction, and others.
Recent Developments
- In January 2022, Pecan Deluxe Candy Company received the 2021 Food Quality and Safety Award large business award. This award has helped the company to attract more customer base
- In April 2021, Pecan Deluxe Candy Company launched Popping Boba. This product launch has helped the company to widen its product portfolio
- In September 2021, Dr. Oetker acquired Kuppies, forays. This acquisition has helped the company to widen its presence and portfolio
- In April 2021, Pecan Deluxe Candy Company launched Popping Boba. This product launch has helped the company to widen its product portfolio
- In September 2021, Nimbus Foods Ltd made a strategic partnership with Herza. Herza, is a leading producer of functional chocolate and compounds for use in food manufacturing. This partnership has helped the company to widen its product range
North America Bakery Inclusions Market Scope
The North America bakery inclusions market is segmented into inclusion type, flavor, form, end user, source, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
INCLUSION TYPE
- Chocolate inclusions
- Dried fruits and nuts
- fruit inclusion
- Caramel inclusions
- Baked pieces
- Flavor typed sugar inclusion
- Coarse sugar
- Others
On the basis of inclusion type, the North America bakery inclusions market is segmented into the chocolate inclusions, caramel inclusions, dried fruits and nuts, coarse sugar, baked pieces, fruit inclusion, flavored sugar inclusion, and others.
END USER
- Food Service Industry
- Food & Beverages Processors
- Household/Retail
On the basis of end user, the North America bakery inclusions market is segmented into the food & beverages processors, food service industry, and household/retail.
FORM
- Dry
- Liquid
On the basis of form, the North America bakery inclusions market is segmented into dry and liquid.
SOURCE
- Plant Based
- Non-Plant Based
On the basis of source, the North America bakery inclusions market is segmented into the plant based and non-plant based.
APPLICATION
- Breads
- Rolls
- Cakes & pastries
- Cookies & biscuits
- Brownies
- Frozen dessert
- Muffins
- Doughnuts
- Croissants
- Others
On the basis of application, the North America bakery inclusions market is segmented into the breads, muffins, doughnuts, croissants, rolls, cakes & pastries, cookies & biscuits, and others.
FLAVOR TYPE
- Flavored
- Regular
On the basis of flavor, the North America bakery inclusions market is segmented into the flavor and regular.
DISTRIBUTION CHANNEL
- Direct
- Indirect
On the basis of distribution channel, the North America bakery inclusions market is segmented into the direct and indirect.
North America Bakery Inclusions Market Regional Analysis/Insights
North America bakery inclusions market is analyzed, and market size insights and trends are provided by inclusion type, flavor, form, end user, source, application, and distribution channel.
The regions covered in the bakery inclusions market report are U.S., Canada and Mexico.
U.S. is expected to dominate the North America bakery inclusions market during the forecast period due to the increase in the use of bakery products.
The country section of the report also provides individual market impacting factors and changes in regulations in the market that impact the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of global brands and their challenges faced due to high competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Bakery Inclusions Market Share Analysis
North America bakery inclusions market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the North America bakery inclusions market.
Some of the major players operating in the bakery inclusions market are Kerry, Dr. Oetker, Pecan Deluxe Candy Company, AMERICAN SPRINKLE COMPANY, Girrbach Süßwarendekor GmbH, Cacau Foods do Brasil., Shantou Hehe Technology Co.,Ltd, Barry Callebaut, The Kraft Heinz Company, Cape Foods, Paulaur Corporation, GÜNTHART & Co. KG, Signature Brands, LLC, among others.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, North America Vs. Regional and Vendor Share Analysis. Please request an analyst call in case of further inquiry.
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