According to the report published by Allied Market Research, the global leavening agents market generated $6.0 billion in 2021 and is projected to reach $9.2 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/request-sample/32196
The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬
The players operating in the global leavening agents industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Archer-Daniels-Midland Company, Associated British Foods PLC, Cargill, Inc., Corbion N.V., Kerry Group PLC, Koninklijke DSM N.V., Kraft Heinz Company, Novozymes A/S, Puratos Group NV, and Stern-Wywiol Gruppe GmbH Co. KG.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
According to the leavening agents market analysis, the market is segmented into form, end-user industry, and region. Based on state, the market is bifurcated into biological and chemical. According to the end-user industry, the market is categorized into food, personal & health care, and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia, and rest of LAMEA).
𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 (339 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬): https://www.alliedmarketresearch.com/checkout-final/d3f8263f1b0240e8cf78e4b44e0a9156
Leavening agents, especially baking soda, play a considerable role in animal feed. Baking soda is primarily used in dairy cow feed supplements as it helps to stabilize rumen pH by reducing acidic conditions. Dynamic changes in food patterns and a rise in demand for animal-based protein are expected to increase the demand for animal feed, propelling the growth of the leavening agents market during the forecast period.
However, the storage of yeast is the primary factor hampering the market growth. Storage and time-bound usage of yeast are considered to be crucial factors. It is essential to use dry yeast within four months after opening if refrigerated or within six months after opening if frozen. Thus, this time-bound usage of leavening agents, dehydrated yeast, and its peculiar storage requirements are likely to hamper the growth of the leavening agents market.
Key findings of the study
- The leavening agents market size was $5,971.9 million in 2020 and is estimated to reach $9,198.1 million by 2031, registering a CAGR of 4.2% from 2022 to 2031.
- In 2021, depending on form, the biological segment accounted for $4,017.1 million garnering 67.3% of the global market share.
- In 2021, on the basis of the end-user industry, the food segment acquired $4,261.6 million, exhibiting 71.4% of the global market share.
- Germany was the most prominent market in Europe in 2021 and is projected to reach $760.2 million by 2031, growing at a CAGR of 2.5% during the forecast period.
𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝: https://www.alliedmarketresearch.com/request-for-customization/32196
According to leavening agents market trends, According to end-user industry, the personal & healthcare segment was a significant contributor to the market and is estimated to reach $2,104.5 million by 2031 at a CAGR of 5.5% during the forecast period. Growth in demand for baking soda-based personal & healthcare products and exploration of medicinal benefits of the leavening agents, including yeast and baking soda, are likely to boost the market’s growth during the forecast period.
𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
Animal and Marine Fats and Oils Market
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