PUBLISHER: KBV Research | PRODUCT CODE: 1093429
PUBLISHER: KBV Research | PRODUCT CODE: 1093429
Asia Pacific 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 Asia Pacific Leavening Agents Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).
The leavening agents are responsible for causing reactions in the formulation when water, heat, or acids are present. The option of a leavening agent allows for a fast or slow rate of rising action, as well as quick preparation times, making it easier to mass-produce products of the same character. These leavening agents cause baked items to properly inflate without exploding in the oven, resulting in cakes, cookies, and other baked goods. These agents are not required for ammonium bicarbonate. Potassium bicarbonate, a form of leavening agent is a low-sodium substitute for baking soda that can be used in baking.
Baking powders are made out of baking soda (sodium bicarbonate) and dry acids or acid salts, with starch added for storage stability. At room temperature, single-acting baking powders including tartaric acid or cream of tartar produce carbon dioxide, and mixes including them must be baked right away to avoid losing the majority of the gas. Phosphate-containing slow-acting baking powders release part of it gas at ambient temperature and the part when heated. The most often used type, double-acting baking powder, contains sodium aluminum sulphate and calcium acid phosphate and produces a tiny amount of gas when mixed and the rest when heated.
In South China, the leavening agents business is booming because of the huge popularity of baked products among the population, particularly in the provinces of Fujian and Guangdong. High disposable income encourages customers to concentrate on the lifestyle, and the fast paced lifestyle is stimulating the use of prepared and ready-to-eat foods. Moreover, due to increased media and travel exposure, western-style baked goods such as pastries, slices of bread, sweets, and cakes are gaining popularity. In addition, some local businesses are vying for market share by introducing unusual flavors, on-site baking, creative product names, and enticing store pictures.
Women in China are the main buyers of baked goods, and the leavening agents market has grown significantly on e-commerce platforms. While many grocery shops and supermarkets now carry prepackaged, pre-sliced bread and cakes, including in-store baking and basic cake decoration, some individuals may choose to purchase baked goods from a specialized baker's shop due to a greater range of baked products or higher quality. Moreover, baked sweet cakes and slices of bread are among the most prevalent bakery products in South China. Therefore, due to increasing popularity of baked food in the region, the regional leavening agents market is expected to grow in the forecast period.
The China market dominated the Asia Pacific Leavening Agents Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $623.4 Million by 2028. The Japan market is anticipated to grow at a CAGR of 4% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 5.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Leavening Agents Market, by Application
- 1.4.2 Asia Pacific Leavening Agents Market, by Form
- 1.4.3 Asia Pacific 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. Asia Pacific Leavening Agents Market by Application
- 3.1 Asia Pacific Food Market by Country
- 3.2 Asia Pacific Personal & Health Care Market by Country
- 3.3 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Leavening Agents Market by Form
- 4.1 Asia Pacific Biological Market by Country
- 4.2 Asia Pacific Chemical Market by Country
- 4.3 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Leavening Agents Market by Country
- 5.1 China Leavening Agents Market
- 5.1.1 China Leavening Agents Market by Application
- 5.1.2 China Leavening Agents Market by Form
- 5.2 Japan Leavening Agents Market
- 5.2.1 Japan Leavening Agents Market by Application
- 5.2.2 Japan Leavening Agents Market by Form
- 5.3 India Leavening Agents Market
- 5.3.1 India Leavening Agents Market by Application
- 5.3.2 India Leavening Agents Market by Form
- 5.4 South Korea Leavening Agents Market
- 5.4.1 South Korea Leavening Agents Market by Application
- 5.4.2 South Korea Leavening Agents Market by Form
- 5.5 Singapore Leavening Agents Market
- 5.5.1 Singapore Leavening Agents Market by Application
- 5.5.2 Singapore Leavening Agents Market by Form
- 5.6 Malaysia Leavening Agents Market
- 5.6.1 Malaysia Leavening Agents Market by Application
- 5.6.2 Malaysia Leavening Agents Market by Form
- 5.7 Rest of Asia Pacific Leavening Agents Market
- 5.7.1 Rest of Asia Pacific Leavening Agents Market by Application
- 5.7.2 Rest of Asia Pacific 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 Asia Pacific Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 2 Asia Pacific Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 3 Asia Pacific Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 4 Asia Pacific Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 5 Asia Pacific Food Market by Country, 2018 - 2021, USD Million
- TABLE 6 Asia Pacific Food Market by Country, 2022 - 2028, USD Million
- TABLE 7 Asia Pacific Personal & Health Care Market by Country, 2018 - 2021, USD Million
- TABLE 8 Asia Pacific Personal & Health Care Market by Country, 2022 - 2028, USD Million
- TABLE 9 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
- TABLE 10 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
- TABLE 11 Asia Pacific Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 12 Asia Pacific Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 13 Asia Pacific Biological Market by Country, 2018 - 2021, USD Million
- TABLE 14 Asia Pacific Biological Market by Country, 2022 - 2028, USD Million
- TABLE 15 Asia Pacific Chemical Market by Country, 2018 - 2021, USD Million
- TABLE 16 Asia Pacific Chemical Market by Country, 2022 - 2028, USD Million
- TABLE 17 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
- TABLE 18 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
- TABLE 19 Asia Pacific Leavening Agents Market by Country, 2018 - 2021, USD Million
- TABLE 20 Asia Pacific Leavening Agents Market by Country, 2022 - 2028, USD Million
- TABLE 21 China Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 22 China Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 23 China Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 24 China Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 25 China Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 26 China Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 27 Japan Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 28 Japan Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 29 Japan Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 30 Japan Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 31 Japan Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 32 Japan Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 33 India Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 34 India Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 35 India Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 36 India Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 37 India Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 38 India Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 39 South Korea Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 40 South Korea Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 41 South Korea Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 42 South Korea Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 43 South Korea Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 44 South Korea Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 45 Singapore Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 46 Singapore Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 47 Singapore Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 48 Singapore Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 49 Singapore Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 50 Singapore Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 51 Malaysia Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 52 Malaysia Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 53 Malaysia Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 54 Malaysia Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 55 Malaysia Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 56 Malaysia Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 57 Rest of Asia Pacific Leavening Agents Market, 2018 - 2021, USD Million
- TABLE 58 Rest of Asia Pacific Leavening Agents Market, 2022 - 2028, USD Million
- TABLE 59 Rest of Asia Pacific Leavening Agents Market by Application, 2018 - 2021, USD Million
- TABLE 60 Rest of Asia Pacific Leavening Agents Market by Application, 2022 - 2028, USD Million
- TABLE 61 Rest of Asia Pacific Leavening Agents Market by Form, 2018 - 2021, USD Million
- TABLE 62 Rest of Asia Pacific Leavening Agents Market by Form, 2022 - 2028, USD Million
- TABLE 63 Key Information - Koninklijke DSM N.V.
- TABLE 64 key Information - Archer Daniels Midland Company
- TABLE 65 Key Information - Associated British Foods PLC
- TABLE 66 Key Information - Corbion N.V.
- TABLE 67 Key Information - Kerry Group PLC
- TABLE 68 key Information - Novozymes A/S
- TABLE 69 Key Information - Cargill Corporation
- TABLE 70 Key Information - Puratos NV/SA
- TABLE 71 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.
