Baking ingredients are used to improve the quality of baked food while enhancing the texture, taste, color, and moisture content of the products. High consumption of packaged and convenience foods, as well as multiple applications of these ingredients in different food products like bread, cakes, pastries, pizzas, rolls, hamburgers, and many others, are some of the key parameters that are expected to drive the market. Experts at Technavio predict that the global baking ingredients market to grow at an impressive CAGR over the forecast period from 2017-2021.
The following are prominent vendors in the global baking ingredients market
Archer Daniels Midland
Archer Daniels Midland (ADM) is one of the largest agricultural processors, that has more than 270 plants and 428 crop procurement facilities and 39 innovation centers in more than 160 countries. ADM supplies the baking industry with over 400 staple baking ingredients with a product portfolio including, bakery mixes, oils, sweeteners, nutritional and functional ingredients, wheat flour, and many other baking ingredients.
Associated British Foods
Associated British Foods is a multinational food, ingredients, and retail company with its operations in about 50 countries across four main regions including Europe, Americas, APAC, and southern Africa. The company is a subsidiary of Wittington Investments, and it offers a wide range of products under different brand names and made by diverse business lines including grocery, sugar, agriculture, ingredients, and retail.
Cargill
Cargill is an American privately held global corporation incorporated in Wilmington and currently based in Minnesota. The company’s main business segments include food ingredients, bio-Industrial, animal nutrition, protein & salt, agricultural supply chain, and transportation. It works in the business-to-business environment.
DuPont
DuPont – another American conglomerate, produces and markets a wide range of products for diversified markets under the brands GRINDSTED, RECODAN, and CREMODAN. The company offers ingredients for beverages, bakery, confectionary, dairy, culinary, fruit, frozen desserts, poultry, seafood, meat, and oil and fats products.
Ingredion
Ingredion is one of the leading global ingredient companies based in Westchester, Illinois that manufactures starches, sweeterners, nutrition ingredients, and biomaterials that are used as specialty ingredients in food and beverages. It serves customers in over 100 countries and produces industrial products for more than 60 diverse sectors.
AAK
AAK AB, also known as Aarhus Karlshamn AB, is a Sweden-based holding company based in Malmö active primarily in the food processing sector. It produces specialty vegetable oils and fats in Europe and the Americas. The company operates in three segments: confectionery fats, chocolate, and food ingredients, along with technical products and feed.
Bakels
Bakels Group manufactures and distributes bakery ingredients for pastry, cake, bread and confectionery sectors. It offers a wide range of products such as bread improvers, dry blended ingredients, and fat- and sugar-based wet products.
Dawn Food Products
Dawn Food is headquartered in Jackson, Michigan. It offers high-quality baking solutions to its customers around the globe. It makes different baking mixes like brownie mixes, cake mixes, Danish and sweet dough mixes, donut mixes, fillings and many other types of baking ingredients.
Kerry
The company is a consumer foods processor and supplier. It provides food ingredients and flavor technologies. It makes over 15,000 products that are made in more than 100 manufacturing facilities and served in more than 140 country markets across the world. It is one of the leading consumer food suppliers and processors in selected European Union countries.
Puratos Group
Puratos Group manufactures ingredients and solutions for patisserie, bakery, and chocolate companies. Its bakery products include modular ingredient solutions, bread flavors, bakery mixes, bread improvers, active bakery components, and sourdoughs.
Trace the in-depth market insights with Technavio’ s most relevant research reports pertaining to the flourishing baking ingredients industry
