Global Baking Ingredients Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Emulsifiers, Leavening Agents, Enzymes, Baking Powder & Mixes, Oils, Fats & Shortenings, Colors & Flavors, and Starch

By Form;

Powder, Liquid, Granular, Paste, and Blocks

By Application;

Bread, Cookies & Biscuits, Rolls & Pies, and Cakes & Pastries

By End Use;

Commercial Baking, Household Baking, and Industrial Baking

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn501191645 Published Date: May, 2025 Updated Date: June, 2025

Baking Ingredients Market Overview

Baking Ingredients Market (USD Million)

Baking Ingredients Market was valued at USD 14,976.61 million in the year 2024. The size of this market is expected to increase to USD 20,217.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Global Baking Ingredients Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 14,976.61 Million
Market Size (2031)USD 20,217.83 Million
Market ConcentrationHigh
Report Pages343
14,976.61
2024
20,217.83
2031

Major Players

  • Cargill
  • Associated British Foods Plc
  • Koninklijke DSM N.V.
  • Kerry Group Plc
  • AAK AB
  • Tate & Lyle Plc
  • Lallemand, Inc.
  • Lesaffre
  • Archer Daniels Midland Company
  • E. I. Du Pont De Nemours And Company
  • Taura Natural Ingredients Limited
  • Dawn Food Products, Inc.
  • Muntons Plc
  • Corbion
  • British Bakels
  • Sdzucker Ag
  • Iffco Ingredients Solution

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Baking Ingredients Market

Fragmented - Highly competitive market without dominant players


The baking ingredients market is experiencing strong momentum as more consumers turn to ready-to-eat and packaged bakery items. Changing lifestyles, fast-paced routines, and rising disposable incomes have boosted the demand for convenience-based food solutions. Currently, over 65% of consumers show a preference for pre-packaged bakery products, significantly increasing the use of specialized baking ingredients across various applications.

Health Trends Accelerate Demand for Functional Ingredients
The shift toward health-conscious eating is transforming ingredient preferences in baked goods. With the rising popularity of gluten-free, low-sugar, and plant-based options, around 40% of new bakery product innovations are centered on health-driven formulations. This trend is pushing manufacturers to adopt natural sweeteners, functional additives, and clean-label solutions to align with evolving dietary demands.

Surge in Premium and Artisan Bakery Innovations
There is increasing enthusiasm for premium and artisanal baked goods, as consumers seek more authenticity and quality in their food choices. This has led to a notable rise over 35% in the demand for high-grade ingredients like organic flour, specialty fats, and natural flavorings. The growing interest in unique textures and rich flavors is supporting innovation across both craft bakeries and large-scale baking operations.

Enhanced Production Through Ingredient Technology
Ongoing advancements in ingredient technology and formulation processes are optimizing production outcomes and product consistency. More than 50% of baking ingredient producers now utilize enzyme-based systems and modern emulsifiers to improve shelf life and manufacturing efficiency. These innovations are not only streamlining workflows but also delivering greater value through cost savings and improved end-product quality.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Baking Ingredients Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Convenience Foods
        2. Rising Trend of Home Baking
        3. Growing Preference for Healthier Options
        4. Expansion of Bakery Industry
      2. Restraints
        1. Fluctuating Prices of Raw Materials
        2. Stringent Regulatory Standards and Labeling Requirements
        3. Health Concerns and Dietary Restrictions
      3. Opportunities
        1. Expanding Market in Developing Regions
        2. Innovation in Gluten-Free and Allergen-Free Products
        3. Expansion of Artisanal and Specialty Baking
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Baking Ingredients Market, By Type, 2021 - 2031 (USD Million)
      1. Emulsifiers
      2. Leavening Agents
      3. Enzymes
      4. Baking Powder & Mixes
      5. Oils
      6. Fats & Shortenings
      7. Colors & Flavors
      8. Starch
    2. Baking Ingredients Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Liquid
      3. Granular
      4. Paste
      5. Blocks
    3. Baking Ingredients Market, By Application, 2021 - 2031 (USD Million)
      1. Bread
      2. Cookies & Biscuits
      3. Rolls & Pies
      4. Cakes & Pastries
    4. Baking Ingredients Market, By End Use, 2021 - 2031 (USD Million)
      1. Commercial Baking
      2. Household Baking
      3. Industrial Baking
    5. Baking Ingredients Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargill
      2. Associated British Foods Plc
      3. Koninklijke DSM N.V.
      4. Kerry Group Plc
      5. AAK AB
      6. Tate & Lyle Plc
      7. Lallemand, Inc.
      8. Lesaffre
      9. Archer Daniels Midland Company
      10. E. I. Du Pont De Nemours And Company
      11. Taura Natural Ingredients Limited
      12. Dawn Food Products, Inc.
      13. Muntons Plc
      14. Corbion
      15. British Bakels
      16. Sdzucker Ag
      17. Iffco Ingredients Solution
  7. Analyst Views
  8. Future Outlook of the Market