EMEA to Dominate the Global Frozen Bakery Additives Market |Technavio

LONDON–(BUSINESS WIRE)–#Research–The global
frozen bakery additives market is expected to grow at a CAGR of
above 6% during the forecast period, according to Technavio’s latest
market research.

In this market research report, Technavio
covers the market outlook and growth prospects of the global frozen
bakery additives market for 2017-2021. The market is further categorized
into six additive type segments, including emulsifiers, colorants and
flavors, preservatives, reducing agents, enzymes, and oxidizing agents.

Technavio’s research analysts segment the global
frozen bakery additives market into the following regions:

• EMEA
• Americas
• APAC

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EMEA: largest frozen bakery additives market

Owing to the presence of larger food-manufacturing companies, EMEA has
accounted for the maximum share of the frozen bakery additives market.
Some of the predominantly used frozen bakery additives in this region
are fat replacers, artificial sweeteners, colorants, and flavors, and
their markets are expected to grow at a CAGR of more than 5% during the
forecast period. Despite the growing health concerns, the consumption of
products such as pastries and rolls is high among the consumers.

“In Europe, especially in countries such as France, Spain, and
Turkey, the increasing availability of different types of bread such as
gluten-free and low-fat flatbread is driving the consumption of frozen
bakery additives. The demand for frozen bakery additives during the
forecast period will be affected due to home-baking with innovative oven
technologies,” says Kshama Upadhyay, a lead additives,
adhesives, and sealants research expert from Technavio.

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Frozen bakery additives market in the Americas

In terms of consumption, the Americas was the second largest region in
the frozen bakery additives market. Owing to the demand from developing
countries such as Brazil, the frozen bakery additives market in South
America is expected to witness significant growth. The use of
emulsifiers and fat replacers is expected to increase during the
forecast period owing to the increase in aging population.

“Obesity is a big concern in the region, a significantly large number
of children and adolescents are obese. Hence, increasing concern about
diseases such as obesity is expected to drive the consumption of
additives such as fat replacers and emulsifiers during the forecast
period,” says Kshama.

APAC Frozen bakery additives market

APAC is the fastest growing region in the global frozen bakery additives
market. Factors such as the change in lifestyle, increase in disposable
income, and need for convenience have contributed to the demand for
pastries, ice-creams, and rolls. Due to the lack of essential
micronutrients and vitamins, the demand for fortified food is increasing
in Asia. Colorants and flavors are the predominantly used food additives
in this region. The increasing demand for frozen bakery products from
developing economies such as India and China will drive the demand for
food additives in this region.

The top vendors in the global
frozen bakery additives market as highlighted in this market
research analysis are:

• Archer Daniels Midland
• Cargill
• Dupont
• Kerry
• PURATOS

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