Bread Improvers Market is Projected to Reach $1.9 billion by 2028

A comprehensive research report titled "Bread Improvers Market by Type, Application, Form, End Users, and Region - Global Forecast to 2028," published by MarketsandMarkets, sheds light on the burgeoning bread improvers industry. Valued at USD 1.5 Billion in 2023, the market is projected to witness substantial growth, reaching USD 1.9 Billion by 2028, with a robust compound annual growth rate (CAGR) of 5.9% during the forecast period.

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The report underscores the significant surge in demand for bakery products, as indicated by a 7% increase in sales, reaching USD 1.2 billion in 2020, according to the USDA Report on Food Processing Ingredients. Notably, consumer expenditure on bread and cereals soared by 8.3% to USD 206.9 per capita, further fueling the demand for bread improvers.

Enzymes emerge as the fastest-growing segment in the forecast period, revolutionizing the modern bread-making process. Their versatility, clean label attributes, and cost-saving benefits make them indispensable in bakery products. Moreover, enzymes' natural occurrence in common bakery ingredients underscores their appeal, aiding in achieving a desirable clean label image.

The European Union (EU) regulations on permitted enzymes are expected to have far-reaching implications for bakery manufacturers within the region. With consumers increasingly favoring natural products free from synthetic additives, enzymes' significance is poised to grow further in the EU.

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Europe dominates the bread improvers market, driven by diverse consumption patterns across the region. Large-scale plant bakeries, leveraging machinery, technology, and scientific advancements, play a pivotal role in meeting consumer demands for quality, consistency, and convenience. Bread improvers provide these manufacturers with the tools needed to optimize production processes and satisfy evolving consumer expectations.

Prominent industry players such as Puratos, Corbion, AB Mauri, Lesaffre, and DSM wield substantial influence in the market. Their robust manufacturing facilities and extensive distribution networks ensure widespread accessibility of bread improvers across key regions globally.

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This release was published on openPR.