Leavening Agents Market Key Highlights:
- Market Size (2024): USD 6.20 Billion
- Projected Market Size (2034): USD 10.29 Billion
- CAGR (2024-2034): 5.2%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Leavening Agents Market Definition
Leavening agents are basically used in food products to serve the purpose of texture improvement, flavor, volume and to increase the shelf life by acting as a spoilage barrier due to its properties. The leavening agents' market is proliferating due to the advancement in food technology, increasing appetite for bakery foods like cookies, pastries which is reflecting the dietary changes in people's lifestyle globally.
In addition to this, people are becoming more health conscious, opting for various diets like keto, gluten-free and other diets have notably increased the demand for leavening agents that support these type of diet needs. As dietary restrictions are becoming more common these days, the demand for leavening agents is substantially increasing in the global leavening agents market. Consumers increasing awareness for the food ingredient making manufacturers to show details on label about nutritional value of the product further proliferates the market.
Moreover, further opportunities are knocking in the global leavening agents market due to the increasing rate of research and development in the food technology for superior formulation of leavening agent making them offer faster leavening process and enhanced quality of the agents by reducing the baking time with specialty ingredients. Partnerships between major firms are creating notable different innovative leavening agents fuelling the leavening agents market further.
- In 2024, Lallemand invested in livzym biotechnologies as a part of strategic collaboration with the food industry.
However, the market is witnessing a barrier due to the various competitor's entry into the global market along with stringent regulations for quality food and safety purposes.
Leavening Agents Market Segmentation:
By Form
- Chemical
- Biological
- Vaporous
By Application
- Food & Beverage
- Personal & Health Care
Leavening Agents Market Companies:
- Cargill
- ADM
- Kerry Group
- Corbion
- Kudos Blends Limited
- Puratos
- AB Mauri
- Lesaffre
- Lallemand Inc.
For any questions about this dataset or to discuss customization options, please write to us at sales@statifacts.com