May 19, 2022
According to the research report titled ‘Asia Pacific Dough Conditioners Market Forecast 2027 By Application, By Ingredient Type, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Asia Pacific dough conditioners market is slated to generate a sizable valuation of USD 1.7 billion by 2027.
Rapid urbanization, hectic lifestyles, improved shelf life of ready to eat processed food items, and increasing inclination towards westernized food products are the major factors driving Asia Pacific dough conditioners market growth.
Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4966032/
Furthermore, mounting popularity of baked products such as rolls & buns, biscuits & cookies, cakes & pastries, and croissants is augmenting the industry revenue.
For the unversed, dough conditioners are crucial in activating gluten, enhancing texture, and the overall quality of the end product.
Moving on, the marketplace is segregated in terms of ingredient type, application spectrum, and regional terrain.
Considering ingredient type, the industry sphere is divided into emulsifiers, oxidizing agents, enzymes, and reducing agents among others. The enzymes segment held a valuation of USD 779 million in 2020 and is anticipated to showcase an annual growth rate of 6% through 2027. Enzymes are instrumental in maintaining crumb softness, color, texture while also facilitating in efficient dough fermentation along with enhancing volume.
Speaking of the application spectrum, the bread segment accounted for a sizable share in APAC dough conditioners industry in 2020 and is likely to witness a steady growth of 4.5% during 2021-2027, attributable to mounting demand for bread rolls and buns across food outlets in India and China since the outbreak of the Covid-19 pandemic.
Similarly, the cakes & pastries segment which held a valuation of USD 255.5 million in 2020 is likely to progress at a CAGR of 5.5% through the analysis timeframe, creditable to the immense popularity of these snack items among children.
From a regional frame of reference, India dough conditioners market share from the bread segment is expected to record a CAGR of 6% through 2027, attributable to high disposable income, evolving lifestyles, and increasing consumer preference towards breads, rolls and cakes as options for breakfast, combined with burgeoning number of restaurants and food outlets across the nation.
The competitive framework of Asia Pacific dough conditioners market is influenced by companies such as AB Mauri India Pvt Ltd., Fazer Group, Oriental Yeast Co. Ltd., DuPont de Nemours Inc., Lesaffre Group, Corbion N.V., Lallemand Inc., Calpro Food Essentials Pvt Ltd., The Archer-Daniels Midland Company, and Watson Inc.