Global Frozen Bakery Additives Market Overview
Frozen Bakery Additives Market Size was estimated at 9.32 (USD Billion) in 2022. The Frozen Bakery Additives Market Industry is expected to grow from 9.77(USD Billion) in 2023 to 14.9 (USD Billion) by 2032. The Frozen Bakery Additives Market CAGR (growth rate) is expected to be around 4.8% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Frozen Bakery Additives Market Trends Highlighted
The frozen bakery additives market is driven by increasing demand for convenient and longer-lasting bakery products. Consumers prefer frozen bakery products for their convenience, as they can be easily stored and heated when needed. Additionally, the growing popularity of quick-service restaurants and fast-casual dining is fueling the demand for frozen bakery products, as these establishments offer a convenient and affordable meal option.
Opportunities in the frozen bakery additives market lie in the development of clean-label and allergen-free additives. Consumers are increasingly seeking out healthier and allergen-free food products, and this trend is extending to frozen bakery products. Manufacturers who can develop and offer frozen bakery additives that meet these consumer demands will be well-positioned for growth.
Recent trends in the frozen bakery additives market include the use of natural and organic ingredients. Consumers are increasingly seeking out natural and organic food products, and this trend is extending to frozen bakery products. Additionally, the growing popularity of artisanal and craft bakery products is driving demand for frozen bakery additives that can help bakers create unique and flavorful products.
Frozen Bakery Additives Market Drivers
Growing Health Consciousness among Consumers
Consumers are increasingly becoming health-conscious and are seeking food products that are perceived to be healthier. This trend is driven by a number of factors, including rising obesity rates, increasing awareness of the link between diet and chronic diseases, and the growing popularity of clean eating and mindful eating. Frozen bakery additives play a vital role in meeting the demands of health-conscious consumers. These additives can be used to reduce sugar, fat, and calories in baked goods while also enhancing their nutritional value.For example, fiber-enriched additives can help to promote satiety and regularity, while protein-fortified additives can help to increase muscle mass and reduce cravings. As the demand for healthier baked goods continues to grow, the market for frozen bakery additives is expected to benefit.
Rising Demand for Convenience Foods
The modern fast order of life of today's customers propels the market for convenience foods. The frozen baked goods market is relatively huge and offers a convenient and reduced-cost way to enjoy baked foods. In this regard, frozen bakery additives play important roles in ensuring the finished frozen baked products are of good quality and suitable throughout the entire freezing and thawing process. These additives help improve the taste, texture, and general life span of frozen baked foods.It is thus expected that as the demand for convenience foods rises, the demand for frozen bakery additives will particularly benefit.
Technological Advancements in Food Processing
Technological advancements have also influenced the growth of the frozen bakery additives market. With these developments, new and improved additives that can improve the quality of frozen baked goods have been produced. In particular, new emulsifiers and stabilizers can be used to improve the texture and mouthfeel of bakery products. Besides, a new generation of freezing and thawing technologies can also minimize product damage during the process.Subsequently, these technological advancements are expected to influence the market’s growth over the forecast period positively.
Frozen Bakery Additives Market Segment Insights
Frozen Bakery Additives Market Additive Type Insights
The Frozen Bakery Additives Market is segmented by Additive Type into Emulsifiers, Stabilizers, Thickeners, Leavening agents, and Preservatives. Among these, Emulsifiers held the largest market share in 2023, and they will continue to hold the largest market share during the forecast period. Emulsifiers are used to improve the texture and stability of the frozen bakery product. They are essential for producing a consistent product. Stabilizers are used to prevent the formation of ice crystals during freezing and thawing. They are the second largest segment of this market.Stabilizers help to maintain the quality of frozen bakery products. Thickeners are used to improve the texture of frozen bakery products. They can be used to create a wide range of textures, from smooth and creamy to thick and chewy. Leavening agents are used to produce a light and airy texture in frozen bakery products, such as bread, rolls, and pastries. Preservatives are the smallest segment of the market, and they are used to extend the shelf life of frozen bakery products. They help to prevent the growth of mold and bacteria, which can spoil the product.The Frozen Bakery Additives Market will exhibit a CAGR of 4.8% from 2023 to 2032. This growth is being driven by the increasing demand for frozen bakery products, which are convenient and affordable. The market is expected to benefit from the growing popularity of online grocery shopping as more consumers order frozen bakery products online
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Frozen Bakery Additives Market Bakery Product Type Insights
The Bakery Product Type segment of the Frozen Bakery Additives Market is expected to maintain a steady growth trajectory, with a projected market size of USD 14.9 billion by 2032. Among the various bakery product types, 'Bread' currently holds the largest market share, owing to its widespread consumption across different regions. 'Pastries' and 'Cakes' are also significant contributors to the market, driven by the growing demand for convenient and indulgent bakery products. The market for 'Cookies' and 'Pies' is expected to witness notable growth in the coming years due to the increasing popularity of these products as snacks and desserts.
Frozen Bakery Additives Market Distribution Channel Insights
The Frozen Bakery Additives Market is segmented into retail, food service, and industrial distribution channels. The retail segment is expected to dominate the market over the forecast period due to the increasing demand for frozen bakery products in retail stores and supermarkets. The food service segment is also expected to witness significant growth due to the rising popularity of frozen bakery products in restaurants, cafes, and other food service establishments. The industrial segment is expected to grow at a steady pace due to the increasing use of frozen bakery additives in the manufacturing of frozen bakery products.In 2024, the retail segment is projected to account for approximately 58% of the Frozen Bakery Additives Market revenue, followed by the food service segment with 30% and the industrial segment with 12%.
Frozen Bakery Additives Market Application Insights
Texture modification, shelf-life extension, and taste enhancement are the key applications of frozen bakery additives. The frozen bakery additives market size is set to witness steady growth over the forecast period owing to the increasing demand for frozen bakery products. Frozen bakery products offer convenience and extended shelf life, driving the demand for frozen bakery additives. Texture modification additives improve the texture and mouthfeel of frozen bakery products, while shelf-life extension additives help maintain their freshness and quality during frozen storage and transportation.Taste enhancement additives contribute to the flavor and aroma of frozen bakery products, enhancing their overall appeal to consumers.
Frozen Bakery Additives Market Regional Insights
Regionally, North America dominates the market, followed by Europe and APAC. North America's dominance is attributed to the increasing demand for frozen bakery products in the region. Europe is another significant market for frozen bakery additives, driven by the growing popularity of artisanal bread and pastries. APAC is projected to witness the fastest growth during the forecast period, owing to the rising disposable incomes and changing lifestyles in countries like China and India. South America and MEA are also expected to contribute to the market growth, albeit at a slower pace.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Frozen Bakery Additives Market Key Players And Competitive Insights
The frozen bakery additives market report presents one of the main competitors in the segment. According to the report, major players in the frozen bakery additives market are focused on innovating products and creating additives catering to the frozen bakery manufacturers' demands. It is noted that the key players are investing in research and development, thereby developing additives that improve the texture, taste, and shelf life of frozen bakery products.
The frozen bakery additives market's competitive landscape will remain highly competitive despite the economic environment or any other factors affecting the market segment's development. Therefore, major players will continue battling for market share by creating new products or developing strategic partnerships and acquisitions.Puratos, a leading competitor in the frozen bakery additives market, offers a wide range of additives designed for the needs of frozen bakery manufacturers. The company provides emulsifiers, stabilizers, and enzymes to be used in frozen bakery manufacturing; the additives help improve the frozen bakery products' texture, volume, and shelf life. Moreover, Puratos provides its customers with technical support, helping them understand the purpose and optimize the use of additives. Another frozen bakery additives market competitor is Corbion. The company creates additives used in frozen bakery production to improve the quality and shelf life of the products. Corbion provides its customers with similar services as Puratos, giving technical support and helping the customer optimize the use of additives.
Key Companies in the Frozen Bakery Additives Market Include
- Ashland
- Tate Lyle PLC
- DSM
- Novozymes
- DowDuPont
- Corbion
- Kerry Group
- Palsgaard
- Archer Daniels Midland Company
- Lonza Group
- Lesaffre
- Puratos
- Ingredients
- Cargill
- Avebe
Frozen Bakery Additives Market Industry Developments
The Frozen Bakery Additives Market is projected to reach USD 14.9 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period (2024-2032). Increasing demand for convenience foods, coupled with rising disposable incomes and urbanization, is driving market growth. Additionally, advancements in food technology and growing consumer awareness regarding the benefits of frozen bakery additives are contributing to market expansion. Technological advancements have led to the development of innovative additives that enhance the texture, shelf life, and flavor of frozen bakery products, making them more appealing to consumers.Recent news developments include the launch of new frozen bakery additives by major players, such as Corbion's Pristine Pristine 300, a clean-label emulsifier system for frozen doughs. The growing adoption of natural and organic additives is also gaining traction as consumers seek healthier options. The Asia-Pacific region is expected to witness significant growth due to rising urbanization and increasing demand for frozen bakery products in developing countries such as China and India.
Frozen Bakery Additives Market Segmentation Insights
Frozen Bakery Additives Market Additive Type Outlook
- Emulsifiers
- Stabilizers
- Thickeners
- Leavening agents
- Preservatives
Frozen Bakery Additives Market Bakery Product Type Outlook
- Bread
- Pastries
- Cakes
- Cookies
- Pies
Frozen Bakery Additives Market Distribution Channel Outlook
- Retail
- Foodservice
- Industrial
Frozen Bakery Additives Market Application Outlook
- Texture modification
- Shelf-life extension
- Taste enhancement
Frozen Bakery Additives Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Frozen Bakery Additives Market Report Scope
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Report Attribute/Metric
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Details
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Market Size 2022
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9.32(USD Billion)
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Market Size 2023
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9.77(USD Billion)
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Market Size 2032
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14.9(USD Billion)
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Compound Annual Growth Rate (CAGR)
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4.8% (2024 - 2032)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Base Year
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2023
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Market Forecast Period
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2024 - 2032
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Historical Data
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2019 - 2022
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Market Forecast Units
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USD Billion
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Key Companies Profiled
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Ashland, Tate Lyle PLC, DSM, Novozymes, DowDuPont, Corbion, Kerry Group, Palsgaard, Archer Daniels Midland Company, Lonza Group, Lesaffre, Puratos, Ingredion, Cargill, Avebe
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Segments Covered
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Additive Type, Bakery Product Type, Distribution Channel, Application, Regional
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Key Market Opportunities
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Emerging Clean Label Trend Growing Demand for Functional Additives Increasing Use in QuickService Restaurants
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Key Market Dynamics
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Increased demand for convenience foods Growing health consciousness Advancements in food technology Expansion of retail distribution channels Innovations in flavor and texture
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Countries Covered
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North America, Europe, APAC, South America, MEA
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Frequently Asked Questions (FAQ) :
The Frozen Bakery Additives market size was valued at USD 9.77 billion in 2023 and is projected to reach USD 14.9 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period.
The Asia-Pacific region is expected to dominate the Frozen Bakery Additives market throughout the forecast period. The increasing demand for processed and convenience food products, coupled with the growing population and disposable income, is driving the growth of the market in this region.
Frozen Bakery Additives are primarily used in the production of frozen bakery products, including bread, pastries, cakes, and cookies. These additives help improve the texture, shelf life, and overall quality of the final product.
Some of the key competitors in the Frozen Bakery Additives market include Cargill, Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Corbion N.V., and Puratos Group.
The growing demand for convenience food products, the increasing disposable income in developing countries, and the rising awareness about the benefits of frozen bakery additives are the major factors driving the growth of the market.
The fluctuating prices of raw materials, the stringent regulations on food additives, and the intense competition from substitute products are some of the challenges faced by the Frozen Bakery Additives market.
The increasing demand for clean-label and organic food products, the growing popularity of online grocery shopping, and the expansion of the food and beverage industry in developing countries are some of the opportunities for the Frozen Bakery Additives market.
The key trends in the Frozen Bakery Additives market include the increasing demand for natural and clean-label additives, the growing adoption of clean-label and organic food products, and the rising popularity of online grocery shopping.
The Frozen Bakery Additives market is expected to grow at a CAGR of 4.8% during the forecast period from 2024 to 2032.
The Frozen Bakery Additives market is segmented based on type, application, and region. By type, the market is divided into emulsifiers, stabilizers, preservatives, and others. By application, the market is segmented into bread, pastries, cakes, and cookies.
