Baking Ingredients Industry & Dairy Alternatives Market 2017-2022 is Driven by Rising Demands in Food & Beverages and Dietary Supplements Analysis
Orbis Research Present’s “Baking Ingredients-Global Market Outlook (2017-2023)” and “Dairy Alternatives-Global Market Outlook (2017-2023)” Strategies to Gain Competitive Advantage.
Dallas, United States – July 25, 2017 /MarketersMedia/ —
According to Stratistics MRC, the Global Baking Ingredients Market is accounted for $12.35 billion in 2016 and expected to grow at a CAGR of 5.7% to reach $18.25 billion by 2023. Factors like demand for healthier and innovative products & ingredients, demand for ready to eat food and increase in disposable income and demand for gluten free foods are boosting the market growth. Stringent regulations & international quality standards and health issues due to excess consumption of trans fatty acids will impede the market growth. Furthermore, alternative for emulsifiers to reduce production cost, growth of frozen bakery products provide wider opportunity for the market to grow.
The baking powders & mixes segment accounts for the largest market share. The enzymes segment is expected to grow at the highest CAGR during the forecast period. Asia Pacific is the fastest growing market, due to emerging economies such as China and India. Europe is the largest regional market followed by North America.
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Some of the key players in Global Baking Ingredients Market are Cargill Inc, DuPont, Archer Daniels Midland (ADM), Royal DSM, Kerry Group, Associated British Foods (ABF), Sudzucker, Danisco, Tate & lyle, IFFCO Ingredients Solution, Dawn Foods Ltd, CSM Bakery Solutions and Taura Natural Ingredients Ltd.
Types Covered: Baking Powders & Mixes,Colors & Flavors,Dough Conditioners,Emulsifiers,
Enzymes,Fats & Shortenings,Leavening Agents,Mold Inhibitors,Oil,Preservatives,Starch,
Sweeteners,Yeast,Other Types .
Applications Covered: Rolls and Pies ,Cakes & Pastries,Bread,Biscuits & Cookies,Tortillas,Other Applications .
Regions Covered: North America,US,Canada,Mexico,Europe,Germany,France,Italy,UK ,Spain ,
Rest of Europe ,Asia Pacific,Japan ,China ,India ,Australia ,New Zealand ,Rest of Asia Pacific ,
Rest of the World,Middle East,Brazil,Argentina,South Africa,Egypt .
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Porters Five Force Analysis
1 Bargaining power of suppliers
2 Bargaining power of buyers
3 Threat of substitutes
4 Threat of new entrants
5 Competitive rivalry
Dairy Alternatives-Global Market Outlook (2017-2023)
According to Stratistics MRC, the Global Dairy Alternatives Market is accounted for $8.51 billion in 2016 and expected to grow at a CAGR of 12.5% to reach $19.45 billion by 2023. Factors like increasing awareness of consumers toward a vegan diet, lactose intolerance among the population and demand for various fortified dairy food & beverage applications are boosting the market growth. High cost of dairy alternative milk and prominence of low cholesterol and low fat conventional milk will impede the market growth. Furthermore, innovation in flavor & sources of dairy alternative beverages and increasing demand for soy milk, rice milk and almond milk proteins provide wider opportunity for the market to grow.
The soy milk segment accounted for the largest market share due to availability of soy milk varieties offered by dairy alternative manufacturers. The plain unsweetened formulation is anticipated to dominate the market due to the growing demand for unsweetened soy and almond milk for manufacturing various food items. Beverage is projected to be the fastest growing market segment. Asia-Pacific region accounted for the largest market share due to the increasing consumer demand for plant-based food. North America is anticipated to be the fastest growing market due to large consumption of almond milk and large number of manufacturers in this region.
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Some of the key players in Global Dairy Alternatives Market are Blue Diamond Growers, Döhler GmbH, Earth’s Own Food Company Inc., Eden Foods Inc., Freedom Foods Group Limited, Nutriops S.L, Sanitarium Health and Wellbeing Company, Sunopta Inc.,The Hain Celestial Group, Inc, The Whitewave Foods Company, Triballat Noyal and Valsoia S.P.A.
Types Covered: Almond Milk ,Coconut Milk ,Hemp Milk ,Oat Milk ,Rice Milk ,Soy Milk ,Other Types ,Hazelnut Milk .
Formulations Covered: Flavored & Sweetened,Flavored & Unsweetened,Plain & Sweetened,
Plain & Unsweetened .
Nutritive Components Covered: Protein,Starch,Vitamins,Other Nutritive Components .
Applications Covered:Beverages,Milk,Sauces & Dressings,Food,Creamer,Yogurt,Pudding,
Ice Cream,Cheese .
Distribution Channels Covered: Large Retail,Online,Small Retail,Specialty Stores .
Regions Covered: North America,US,Canada,Mexico,Europe,Germany,France,Italy,UK ,Spain ,
Rest of Europe,Asia Pacific,Japan ,China ,India ,Australia ,New Zealand ,Rest of Asia Pacific ,
Rest of the World,Middle East,Brazil,Argentina,South Africa,Egypt .
What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Some Points From List of Tables:
1 Global Dairy Alternatives Market Outlook, By Region (2015-2023) ($MN)
2 Global Dairy Alternatives Market Outlook, By Type (2015-2023) ($MN)
3 Global Dairy Alternatives Market Outlook, By Almond Milk (2015-2023) ($MN)
4 Global Dairy Alternatives Market Outlook, By Coconut Milk (2015-2023) ($MN)
5 Global Dairy Alternatives Market Outlook, By Hemp Milk (2015-2023) ($MN)
6 Global Dairy Alternatives Market Outlook, By Oat Milk (2015-2023) ($MN)
7 Global Dairy Alternatives Market Outlook, By Rice Milk (2015-2023) ($MN)
8 Global Dairy Alternatives Market Outlook, By Soy Milk (2015-2023) ($MN)
9 Global Dairy Alternatives Market Outlook, By Other Types (2015-2023) ($MN)
10 Global Dairy Alternatives Market Outlook, By Hazelnut Milk (2015-2023) ($MN)
11 Global Dairy Alternatives Market Outlook, By Formulation (2015-2023) ($MN)
12 Global Dairy Alternatives Market Outlook, By Flavored & Sweetened (2015-2023) ($MN)
13 Global Dairy Alternatives Market Outlook, By Flavored & Unsweetened (2015-2023) ($MN)
14 Global Dairy Alternatives Market Outlook, By Plain & Sweetened (2015-2023) ($MN)
15 Global Dairy Alternatives Market Outlook, By Plain & Unsweetened (2015-2023) ($MN)
16 Global Dairy Alternatives Market Outlook, By Nutritive Component (2015-2023) ($MN)
Contact Info:
Name: Hector Costello
Email: sales@orbisresearch.com
Organization: Orbis Research
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Phone: +1 (214) 884-6817
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Source: MarketersMedia
Release ID: 221309