On the basis of application, the food and beverages additives market segmentation include food products and beverages products. Food products segment is further sub segmented as processed and frozen food, bakery and confectionery products, snack food products, dairy products, meat and poultry products and others (baby food products). Among all these segments processed and frozen food products is expected to account for major market share. Increasing disposable income especially in developing regions has led the consumers inclination towards packaged or convenience food products which is simultaneously expected to support the growth of the market.
Frozen Bakery Additives Market was valued at USD 1800 million in 2021 and is expected to reach USD 2780 million by the year 2028, at a CAGR of 6.4%.
Beverages is further sub segmented as soft drinks and fruit juices, energy/sport drinks, alcoholic beverages and bottled water. Among all these sub segments soft drinks and fruit juices is expected to account for the major market share followed by energy/sport drinks. Increasing awareness among the people for healthy diet has raised the demand for packaged soft drinks and fruit juices which is further expected to contribute to the market. Also, the demand of energy/sport drinks is rising which is expected to support a substantial growth to the Power Tools and Hand Tools market.
Power Tools and Hand Tools Market: Key Players
- Bellarise (US)
- Grupo Bimbo (Mexico)
- Sensient Colors LLC (US)
- British Foods Plc (UK)
- ADM (US)
- Corbion (Netherlands)
- Cargill Inc. (US)
- Puratos (Belgium)
- Lonza (Switzerland)
- Kerry (Ireland)
- LASENOR EMUL
- L. (Spain)
- Palsgaard A/S
- Jungbunzlauer AG (Switzerland)
- DDW The Color House (US)
- Dupont (US)
- DSM (Netherlands)
- David Michael & Co. (US)
- Novozymes (Denmark) and Other major players.
These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.
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Segmentation of Frozen Bakery Additives market:
By Type:
- Ph Control Agents
- Emulsifiers
- Enzymes
- Colorants
- Thickeners
- Other
By Application:
- Frozen-Candy
- Jelly
- Cake
- Pastry
- Whipped Cream
- Others
Geographic Segment Covered in the Report
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Key benefits of the report:
- This study presents the analytical depiction of the global Frozen Bakery Additives industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Frozen Bakery Additives market share.
- The current market is quantitatively analyzed from 2022 to 2028 to highlight the Frozen Bakery Additives market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Frozen Bakery Additives market analysis based on the present and future competitive intensity of the market.
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https://introspectivemarketresearch.com/article/cultured-meat-could-transform-our-food-system/
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