Leavening Agents Market: Global Industry Analysis and Forecast 2023- 2029

Leavening Agents Market was valued at US $ 705.65 Million in 2022. The market is predicted to grow at a CAGR of 5.45% over the forecast period, reaching US$ 1023.1 Million in 2029.
Leavening Agents Market Overview:
In the baking ingredients sector, the leavening agent is very important. Baking soda, baking powder, active dry yeast, and potassium bicarbonate are some of the leavening agents obtainable on the market. When leavening agents are added to the batter, baked goods look exquisite. The primary purpose of leavening chemicals is to release air, consequential in a pleasant and soft baked product. One of the most essentials in the baking ingredients industry is a leavening agent.

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A leavening agent is a substance that causes mixes to release gases, which is worn in dough and batters. As a result, it aids in the manufacture of absorbent baked goods. A leavening agent is an essence that expands batters and doughs by removing gas from the ingredients, resulting in a porous and fluffy baked product. Baking soda, baking powder, and yeast are the three basic leavening agents used in baking. Cakes, bread, cookies, and muffins rise when such ingredients are employed in baking.

2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.
Leavening Agents Market Dynamics:
Gluten-free meals and their health remuneration are well known amongst consumers, this is a primary driving force in the leavening agent business. Bread is enjoyed by the mainstream of people all over the world. The convention of leavening agents in bread is increasing, which is helping to boost the market for leavening agents. Many organizations are also applying various tactics, which is one of the factors that are supplementary in the market's expansion. However, one of the market's boundaries is the rise in health-related issues in the middle of the population.

Extreme use of leavening chemicals such as baking powder, baking soda, and toadstool in a variety of baked goods in the regions are hampering the growth of the market. In the forecast period, concerns with leavening agent ratios to produce enough carbon dioxide in meals are predictable to pretence a major challenge to the leavening agents market. The leavening agent markets are inclined by a variety of circumstances, thus it's dangerous to uphold a balanced ratio of leavening agents to create carbon dioxide in foods. In the market for leavening agents, opposite the ratio is a huge difficulty, thus the number of health-conscious consumers is growing which is another major factor for hindering the growth of the market.

One of the primary factors giving the growth of the leavening agents market is the rise in health awareness around the world. The rising demand for higher quality, longer-lasting food products, as well as a wide range of functional benefits linked with their inclusion in food products, is propelling the market forward. The market is further predisposed by a movement in customer preference toward healthy and gluten-free goods, as well as the use of various advertising methods. Furthermore, changes in consumer existence, increased disposable income, population growth, and fast urbanization all benefit the leavening agent's industry which is considered as a huge opportunity for the market.

Impact of COVID–19 in Leavening Agents Market:

The leavening agent market has remained unchanged. The supply of raw materials came to a decline as a result of the shutdown, and demand for leavening agents was greater than before. Because of social distancing rules, many consumers favour baking bread and pastries at home. The supply was enough to meet the demands of the end-users because leavening agents are infrequently employed in baked goods. Due to the lockdown, non-edible products like as disinfectants, toilet paper, paper goods, and hand sanitiser were in high demand at the start of 2022, while food products such as bakery, meat products, and many others were in high stipulate, as bakery supply was inadequate due to a manpower scarcity.
Leavening Agents Market Segment Analysis:
By Source Type, the market is segmented into Inorganic Leavening Agents, Organic Leavening Agents, and Biological Leavening Agents. The Biological Leavening Agents segment is expected to hold the highest market share in terms of revenue by 2029. A biological leavening agent is the most frequently used leavening agent, it is readily obtainable in the market, and the cost of biological leavening is reasonably priced when compared to other leavening agents, all of which contribute to the market's growth. The majority of customers favour biological leavening agents owing to their ease of use and inexpensive cost.

However, the Organic Leavening Agents 5.6% during the forecast period. An Organic leavening agent is a mushroom that causes fermentation in bread dough or batter, which causes the dough to rise. Allowing wheat and water to uproar is an undemanding way to make logically leavened bread. Chemical, biological, physical, and mechanical liveners are the most numerous types of natural liveners which is the major reason for fuelling the growth of this segment.

By Application, the market is segmented into Fried Foods, Soy products, Wheat Flour, and Others. The Fried Foods segment is expected to hold the highest market share in terms of revenue by 2029. A leavening agent is a chemical that, when mixed with liquid, acid, or heat, causes the dough to get bigger by releasing gas. Baking soda, baking powder, whipped egg whites or cream, active or instant dried yeast, and even steam are all rising agents that give baked goods their maximum volume, texture, and crumb which all come under the fried foods segment. Protein from chicken, fish, beef or shellfish does not comprise yeast and will help keep the body healthy while also observance feeling full between meals, construction less likely to go for sugary snacks which are the major reason for driving the growth of this segment.
Leavening Agents Market Regional Insights:
The North American region accounted for the largest market share in 2022 for the market. The fastest-growing market for worldwide leavening agent goods in North America because of the existing availability of established baked goods producers in the various countries like the U.S, Canada and Mexico, North America is probably to dominate the leavening agent's industry, due to rising command for appropriate products such as baked goods, cosmetics, and a variety of others from the region's major countries, as well as higher inhabitants growth and processed bakery products.

The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the market dynamics, structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by Technology, price, financial position, product portfolio, growth strategies, and regional presence in the market makes the report investor's guide.
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Leavening Agents Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 705.65 Mn.


Forecast Period 2023 to 2029 CAGR:
5.45%
Market Size in 2029:
US $ 1023.1 Mn.


 Segments Covered:
by Source Type
Inorganic Leavening Agents
Organic Leavening Agents
Biological Leavening Agents


by Application
Fried Foods
Soy products
Wheat Flour
Others



Leavening Agents Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Leavening Agents Market Key Players:
1. Lesaffre
2. AB Mauri
3. Lallemand
4. DSM
5. Angel
6. Forise Yeast
7. Sunkeen
8. Vitality King
9. Kraft Foods Group Inc.
10. Clabber Girl Corporation
11. Kudos Blends Limited
12. Eagle International
13. Hansells Food Group Limited
14. Ward Mckenzie Pty Ltd.
15. Weikfield Products Private Limited
16. Blue Bird Foods India Pvt. Ltd.
Frequently Asked Questions:
1] What segments are covered in the Leavening Agents Market report?
Ans. The segments covered in the Leavening Agents Market report are based on Source Type and Application.

2] Which region is expected to hold the highest share in the Leavening Agents Market?
Ans. The North American region is expected to hold the highest share in the Leavening Agents Market.

3] What is the market size of the Leavening Agents Market by 2029?
Ans. The market size of the Leavening Agents Market is expected to be 1023.1 Mn. by 2029.

4] What is the forecast period for the Leavening Agents Market?
Ans. The forecast period for the Leavening Agents Market is 2023-2029.

5] What was the market size of the Leavening Agents market in 2022?
Ans. The market size of the Leavening Agents market in 2022 was US$ 705.65 Mn.