PUBLISHER: KBV Research | PRODUCT CODE: 1093427
PUBLISHER: KBV Research | PRODUCT CODE: 1093427
North America Leavening Agents Market Size, Share & Industry Trends Analysis Report By Application (Food, Personal & Health Care, and Others), By Form (Biological, Chemical), By Country and Growth Forecast, 2022 - 2028
The North America Leavening Agents Market would witness market growth of 3.6% CAGR during the forecast period (2022-2028).
The leavening agents market is witnessing a surge in growth due to the rising health expenditure and growing disposable income. In addition, as the working population increases, demand for nutritious and high-quality meals, and increased concerns about living a healthier lifestyle are escalating demand for leavening agents, which have a wide range of functional benefits when used in food.
As an outcome of the significant impact of leavening agents on dough properties and final baked goods, leavening agents are in high demand around the food industry. The flavor, texture, and color of the crumb are all affected by the leavening products used in bakery items, which is an important component in baked-goods consumption. Numerous food and bakery industry have a significant need for leavening agents since these are used in the making of pies, cakes, rolls, cookies, biscuits, and other baked goods. Moreover, the growing popularity of confectionery and home-baked goods is likely to have a long-term impact on the leavening agent market.
The population of the this region is showing a huge demand for baked food and beverages made up from leavening agents, and as a result, various new bakeries and confectioneries are being opened in many places. For instance, as per government of Canada figures, there were roughly 2,760 bakeries in Canada, making it the leavening agents industry's second-largest job. Moreover, each month, a large number of people in the country frequent bakery cafes. This figure demonstrates the need for bakery entrepreneurs to continue to evolve in order to remain relevant in the market.
In addition, the figure reflects the rising demand for bakery enzymes as a result of rising baked-goods consumption and demand. Additionally, such changes have motivated bakers to abandon the traditional methods and incorporate creative ingredients to improve the nutritional content of the products. Bagels, toast, and English muffins are in high demand across the United States and Canada. The popularity of mobile and single-serve packaging has increased in the US bakery business. As a result, such factors are expected to propel the leavening agents market forward over the forecast period.
The US market dominated the North America Leavening Agents Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,509.5 Million by 2028. The Canada market is estimated to grow at a CAGR of 5.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5% during (2022 - 2028).
Based on Application, the market is segmented into Food, Personal & Health Care, and Others. Based on Form, the market is segmented into Biological, Chemical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke DSM N.V., Archer Daniels Midland Company, Associated British Foods PLC, Corbion N.V., Kerry Group PLC, Novozymes A/S, Cargill Corporation, Puratos NV/SA, and Stern-Wywiol Gruppe GmbH & Co. KG.
Scope of the Study
Market Segments covered in the Report:
By Application
- Food
- Personal & Health Care
- Others
By Form
- Biological
- Chemical
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Koninklijke DSM N.V.
- Archer Daniels Midland Company
- Associated British Foods PLC
- Corbion N.V.
- Kerry Group PLC
- Novozymes A/S
- Cargill Corporation
- Puratos NV/SA
- Stern-Wywiol Gruppe GmbH & Co. KG
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Leavening Agents Market, by Application
- 1.4.2 North America Leavening Agents Market, by Form
- 1.4.3 North America Leavening Agents Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. North America Leavening Agents Market by Application
- 3.1 North America Food Market by Country
- 3.2 North America Personal & Health Care Market by Country
- 3.3 North America Others Market by Country
Chapter 4. North America Leavening Agents Market by Form
- 4.1 North America Biological Market by Country
- 4.2 North America Chemical Market by Country
- 4.3 North America Others Market by Country
Chapter 5. North America Leavening Agents Market by Country
- 5.1 US Leavening Agents Market
- 5.1.1 US Leavening Agents Market by Application
- 5.1.2 US Leavening Agents Market by Form
- 5.2 Canada Leavening Agents Market
- 5.2.1 Canada Leavening Agents Market by Application
- 5.2.2 Canada Leavening Agents Market by Form
- 5.3 Mexico Leavening Agents Market
- 5.3.1 Mexico Leavening Agents Market by Application
- 5.3.2 Mexico Leavening Agents Market by Form
- 5.4 Rest of North America Leavening Agents Market
- 5.4.1 Rest of North America Leavening Agents Market by Application
- 5.4.2 Rest of North America Leavening Agents Market by Form
Chapter 6. Company Profiles
- 6.1 Koninklijke DSM N.V.
- 6.1.1 Company Overview
- 6.1.2 Financial Analysis
- 6.1.3 Segmental and Regional Analysis
- 6.1.4 Research & Development Expense
- 6.1.5 Recent strategies and developments:
- 6.1.5.1 Partnerships, Collaborations, and Agreements:
- 6.1.5.2 Product Launches and Product Expansions:
- 6.2 Archer Daniels Midland Company
- 6.2.1 Company Overview
- 6.2.2 Financial Analysis
- 6.2.3 Segmental and Regional Analysis
- 6.2.4 Research & Development Expense
- 6.2.5 Recent strategies and developments:
- 6.2.5.1 Acquisition and Mergers:
- 6.3 Associated British Foods PLC (Wittington Investments Limited)
- 6.3.1 Company Overview
- 6.3.2 Financial Analysis
- 6.3.3 Segmental and Regional Analysis
- 6.3.4 Research & Development Expense
- 6.4 Corbion N.V.
- 6.4.1 Company Overview
- 6.4.2 Financial Analysis
- 6.4.3 Segmental Analysis
- 6.4.4 Research & Development Expense
- 6.5 Kerry Group PLC
- 6.5.1 Company Overview
- 6.5.2 Financial Analysis
- 6.5.3 Segmental and Regional Analysis
- 6.5.4 Research & Development Expense
- 6.6 Novozymes A/S
- 6.6.1 Company Overview
- 6.6.2 Financial Analysis
- 6.6.3 Segmental and Regional Analysis
- 6.6.4 Research & Development Expense
- 6.7 Cargill Corporation
- 6.7.1 Company Overview
- 6.7.2 Recent strategies and developments:
- 6.7.2.1 Geographical Expansions:
- 6.8 Puratos NV/SA
- 6.8.1 Company Overview
- 6.9 Stern-Wywiol Gruppe GmbH & Co. KG
- 6.9.1 Company Overview
LIST OF TABLES
- TABLE 1 North America Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 2 North America Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 3 North America Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 4 North America Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 5 North America Food Market by Country, 2018 - 2021, USD Million
- TABLE 6 North America Food Market by Country, 2022 - 2028, USD Million
- TABLE 7 North America Personal & Health Care Market by Country, 2018 - 2021, USD Million
- TABLE 8 North America Personal & Health Care Market by Country, 2022 - 2028, USD Million
- TABLE 9 North America Others Market by Country, 2018 - 2021, USD Million
- TABLE 10 North America Others Market by Country, 2022 - 2028, USD Million
- TABLE 11 North America Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 12 North America Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 13 North America Biological Market by Country, 2018 - 2021, USD Million
- TABLE 14 North America Biological Market by Country, 2022 - 2028, USD Million
- TABLE 15 North America Chemical Market by Country, 2018 - 2021, USD Million
- TABLE 16 North America Chemical Market by Country, 2022 - 2028, USD Million
- TABLE 17 North America Others Market by Country, 2018 - 2021, USD Million
- TABLE 18 North America Others Market by Country, 2022 - 2028, USD Million
- TABLE 19 North America Leavening Agents Market by Country, 2018 - 2021, USD Million
- TABLE 20 North America Leavening Agents Market by Country, 2022 - 2028, USD Million
- TABLE 21 US Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 22 US Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 23 US Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 24 US Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 25 US Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 26 US Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 27 Canada Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 28 Canada Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 29 Canada Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 30 Canada Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 31 Canada Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 32 Canada Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 33 Mexico Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 34 Mexico Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 35 Mexico Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 36 Mexico Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 37 Mexico Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 38 Mexico Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 39 Rest of North America Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 40 Rest of North America Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 41 Rest of North America Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 42 Rest of North America Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 43 Rest of North America Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 44 Rest of North America Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 45 Key Information - Koninklijke DSM N.V.
- TABLE 46 key Information - Archer Daniels Midland Company
- TABLE 47 Key Information - Associated British Foods PLC
- TABLE 48 Key Information - Corbion N.V.
- TABLE 49 Key Information - Kerry Group PLC
- TABLE 50 key Information - Novozymes A/S
- TABLE 51 Key Information - Cargill Corporation
- TABLE 52 Key Information - Puratos NV/SA
- TABLE 53 Key Information - Stern-Wywiol Gruppe GmbH & Co. KG
List of Figures
- FIG 1 Methodology for the research
- FIG 2 Recent strategies and developments: Koninklijke DSM N.V.
