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Vegan Baking Ingredients Global Market Report 2024

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    Report

  • 200 Pages
  • December 2023
  • Region: Global
  • The Business Research Company
  • ID: 5744183

Quick Summary:

In the increasingly health-conscious and ethical consumer market, the global vegan baking ingredients industry is experiencing unprecedented growth. As consumer habits evolve toward plant-based foods, industries must adapt to meet these changing demands. Our comprehensive market research report on the vegan baking ingredients landscape offers an invaluable resource for forward-thinking business executives interested in capitalizing on this trending market shift.

The report covers the entire ecosystem of this burgeoning market, from sales and usage of vegan baking ingredients such as apple cider vinegar, barley malt, and buckwheat flour, to regional trends and competitive landscapes. Grasp the integral role of these plant-based components in replacing artificial and processed ingredients in the baking industry. Understand the potential this market holds, with multifaceted analysis delving into types of ingredients, their uses and the influence of health awareness on market growth.

Furthermore, explore how key players are driving growth through product innovation in response to rising demand. Stay ahead of industry trends, seize emerging opportunities, and leverage your business strategically with our thorough report on the vegan baking ingredients market.

Vegan baking ingredients find application in creating alternatives to artificial and processed elements commonly used in the baking industry, offering plant-based options devoid of animal-derived by-products.

The primary categories of vegan baking ingredients encompass starch, raising agents, emulsifiers, baking powder, mixes, vegetable oil, colors and flavors, and enzymes. Starch, a carbohydrate, is utilized for thickening or stabilizing food products. These vegan baking ingredients come in two main variations - conventional and organic - and are employed in the preparation of various products, including cakes and pastries, biscuits and cookies, as well as bread and buns.

The vegan baking ingredients market research report is one of a series of new reports that provides vegan baking ingredients market statistics, including vegan baking ingredients industry global market size, regional shares, competitors with a vegan baking ingredients market share, detailed vegan baking ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the vegan baking ingredients industry. This vegan baking ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The vegan baking ingredients market size has grown strongly in recent years. It will grow from $1.81 in 2023 to $1.96 in 2024 at a compound annual growth rate (CAGR) of 8.3%. The expansion observed in the historical period can be attributed to the heightened adoption of vegan and plant-based diets, a growing awareness of animal welfare and ethical considerations, health and wellness trends fueling demand for healthier ingredients, the pursuit of allergen-free and intolerance-friendly baking solutions, and the broadening of vegan and specialty food retail channels.

The vegan baking ingredients market size is expected to see strong growth in the next few years. It will grow to $2.76 in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be linked to the expansion of markets in developing countries, collaborative efforts and partnerships for ingredient development, heightened consumer interest in clean label and non-GMO ingredients, and an increasing demand for convenient baking solutions. Key trends projected in the forecast period encompass technological advancements in vegan ingredient alternatives, the development of plant-based milk and butter alternatives, the availability of gluten-free and grain-free flour options, the use of natural sweeteners and sugar alternatives, and the incorporation of functional ingredients for nutritional enhancement.

The anticipated growth of the vegan baking ingredients market is attributed to the increasing awareness of health and evolving food preferences. Health awareness, encompassing knowledge about healthcare, medical needs, and preventive measures, has prompted a shift toward a vegan diet due to its plant-based nature and perceived health benefits. During the COVID-19 pandemic, 70% of respondents in a survey by The Times of India expressed a priority for food and lifestyle improvements in 2021 to manage both emotional and physical health. Similarly, a Beneo study revealed that 6 out of 10 European consumers actively seek healthier nutrition by substituting snacks with meals featuring nutritious ingredients. This trend is a driving force behind the vegan baking ingredients market.

The growth of the vegan baking ingredients market is further fueled by the increasing adoption of vegan food. Vegan food, characterized by the absence of animal products, aligns with a plant-based diet using fruits, vegetables, grains, legumes, nuts, and seeds. With benefits such as sustainability, health advantages, and culinary creativity, vegan baking ingredients cater to individuals with allergies or dietary restrictions. According to the Good Food Institute (GFI) Europe, European plant-based food sales surged by 22% since 2020, reaching a total value of $5.7 billion. Plant-based meat sales witnessed a 21% growth, while conventional meat sales declined by 8%, highlighting the rising popularity of vegan food and its impact on the vegan baking ingredients market.

A notable trend in the vegan baking ingredients market is product innovation, with major companies introducing novel solutions to meet consumer demands. Plantible Foods, a US-based biotech company, launched Rubi Whisk, a functional ingredient derived from RuBisCO protein in Lemna plants, serving as an egg replacement in various baked goods. This innovative vegan baking ingredient is free from eggs and gluten, offering both flavor and functionality.

Major companies in the vegan baking ingredients market are concentrating on innovative solutions, including vegan-certified products such as sponge cake mixes, to stay competitive. Dawn Foods, a US-based bakery manufacturing company, introduced a vegan-certified sponge cake mix, part of its vegan range approved by the V-label. The vegan sponge cake mix replicates the taste, texture, and functionality of conventional mixes without the use of eggs, showcasing the industry's commitment to providing sustainable and allergy-friendly options.

In March 2021, Dawn Foods enhanced its global presence and product portfolio by acquiring JABEX, a family-owned Polish manufacturer specializing in high-quality fruit-based products for the bakery industry. This strategic move strengthens Dawn Foods' operations and supply chain in Central and Eastern Europe, reinforcing its commitment to delivering high-quality, innovative vegan baking ingredients.

Major companies operating in the vegan baking ingredients market include Associated British Foods PLC, BASF SE, DuPont de Nemours Inc., Ingredion Inc., Döhler GmbH, Lallemand Baking Inc., Bakels Group JR, Cargill Incorporated, Turtle Island Foods Inc., Veganz Group AG, B&G Foods Inc., CSM Ingredients SARL, Koninklijke DSM NV, Lesaffre Group, Pak Group BV, Dawn Food Products Inc., Kerry Group PLC, Upfield Holdings BV, Vitasoy International Holdings Limited, Amy's Kitchen, Quorn Foods Ltd., Violife Holdings BV, Hain Celestial Group, Beyond Meat Inc., Impossible Foods Inc., Bakels Worldwide, Puratos Group, Archer Daniels Midland Company, Tate & Lyle PLC, Corbion NV, Roquette Frères SA, Ingredion Incorporated, Chr. Hansen Holding A/S, Kerry Group, FrieslandCampina NV, Barry Callebaut AG, Olam Internationa Ltd.

Europe was the largest region in the vegan baking ingredients market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in global vegan baking ingredients market analysi report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the vegan baking ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The vegan baking ingredients market consists of sales of apple cider vinegar, barley malt, and buckwheat flour. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Vegan Baking Ingredients Market Characteristics3. Vegan Baking Ingredients Market Trends And Strategies
4. Vegan Baking Ingredients Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Vegan Baking Ingredients Market Size and Growth
5.1. Global Vegan Baking Ingredients Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Vegan Baking Ingredients Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Vegan Baking Ingredients Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Vegan Baking Ingredients Market Segmentation
6.1. Global Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Starch
Raising Agent
Emulsifier
Baking Powder and Mixes
Vegetable Oil
Colors and Flavors
Enzymes
6.2. Global Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Conventional Vegan Baking Ingredients
Organic Vegan Baking Ingredients
6.3. Global Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cakes and Pastries
Biscuits and Cookies
Bread and Buns
7. Vegan Baking Ingredients Market Regional And Country Analysis
7.1. Global Vegan Baking Ingredients Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Vegan Baking Ingredients Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Vegan Baking Ingredients Market
8.1. Asia-Pacific Vegan Baking Ingredients Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Vegan Baking Ingredients Market
9.1. China Vegan Baking Ingredients Market Overview
9.2. China Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Vegan Baking Ingredients Market
10.1. India Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Vegan Baking Ingredients Market
11.1. Japan Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Vegan Baking Ingredients Market
12.1. Australia Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Vegan Baking Ingredients Market
13.1. Indonesia Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Vegan Baking Ingredients Market
14.1. South Korea Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Vegan Baking Ingredients Market
15.1. Western Europe Vegan Baking Ingredients Market Overview
15.2. Western Europe Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Vegan Baking Ingredients Market
16.1. UK Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Vegan Baking Ingredients Market
17.1. Germany Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Vegan Baking Ingredients Market
18.5. France Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Vegan Baking Ingredients Market
19.9. Italy Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Vegan Baking Ingredients Market
20.13. Spain Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Vegan Baking Ingredients Market
21.1. Eastern Europe Vegan Baking Ingredients Market Overview
21.2. Eastern Europe Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Vegan Baking Ingredients Market
22.1. Russia Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Vegan Baking Ingredients Market
23.1. North America Vegan Baking Ingredients Market Overview
23.2. North America Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Vegan Baking Ingredients Market
24.1. USA Vegan Baking Ingredients Market Overview
24.2. USA Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Vegan Baking Ingredients Market
25.1. Canada Vegan Baking Ingredients Market Overview
25.2. Canada Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Vegan Baking Ingredients Market
26.1. South America Vegan Baking Ingredients Market Overview
26.2. South America Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Vegan Baking Ingredients Market
27.1. Brazil Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Vegan Baking Ingredients Market
28.1. Middle East Vegan Baking Ingredients Market Overview
28.2. Middle East Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Vegan Baking Ingredients Market
29.1. Africa Vegan Baking Ingredients Market Overview
29.2. Africa Vegan Baking Ingredients Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Vegan Baking Ingredients Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Vegan Baking Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Vegan Baking Ingredients Market Competitive Landscape And Company Profiles
30.1. Vegan Baking Ingredients Market Competitive Landscape
30.2. Vegan Baking Ingredients Market Company Profiles
30.2.1. Associated British Foods plc
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. BASF SE
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. DuPont de Nemours Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Ingredion Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Döhler GmbH
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Vegan Baking Ingredients Market Competitive Benchmarking32. Global Vegan Baking Ingredients Market Competitive Dashboard33. Key Mergers And Acquisitions In The Vegan Baking Ingredients Market
34. Vegan Baking Ingredients Market Future Outlook and Potential Analysis
34.1 Vegan Baking Ingredients Market In 2028 - Countries Offering Most New Opportunities
34.2 Vegan Baking Ingredients Market In 2028 - Segments Offering Most New Opportunities
34.3 Vegan Baking Ingredients Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Vegan Baking Ingredients Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on vegan baking ingredients market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for vegan baking ingredients? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Product Type: Starch; Raising Agent; Emulsifier; Baking Powder and Mixes; Vegetable Oil; Colors and Flavors; Enzymes; 2) By Nature: Conventional Vegan Baking Ingredients; Organic Vegan Baking Ingredients
3) By Application: Cakes and Pastries; Biscuits and Cookies; Bread and Buns
  • Companies Mentioned: Associated British Foods plc; BASF SE; DuPont de Nemours Inc.; Ingredion Inc.; Döhler GmbH
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Associated British Foods plc
  • BASF SE
  • DuPont de Nemours Inc.
  • Ingredion Inc.
  • Döhler GmbH
  • Lallemand Baking Inc.
  • Bakels Group JR
  • Cargill Incorporated
  • Turtle Island Foods Inc.
  • Veganz Group AG
  • B&G Foods Inc.
  • CSM Ingredients SARL
  • Koninklijke DSM NV
  • Lesaffre Group
  • Pak Group BV
  • Dawn Food Products Inc.
  • Kerry Group plc
  • Upfield Holdings BV
  • Vitasoy International Holdings Limited
  • Amy's Kitchen
  • Quorn Foods Ltd.
  • Violife Holdings BV
  • Hain Celestial Group
  • Beyond Meat Inc.
  • Impossible Foods Inc.
  • Bakels Worldwide
  • Puratos Group
  • Archer Daniels Midland Company
  • Tate & Lyle plc
  • Corbion NV
  • Roquette Frères SA
  • Ingredion Incorporated
  • Chr. Hansen Holding A/S
  • Kerry Group
  • FrieslandCampina NV
  • Barry Callebaut AG
  • Olam Internationa Ltd.

Methodology

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