Argentina Baking Ingredients Market Size & Outlook
Related Markets
Argentina baking ingredients market highlights
- The Argentina baking ingredients market generated a revenue of USD 427.0 million in 2023 and is expected to reach USD 683.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, baking powder & mixes was the largest revenue generating product in 2023.
- Enzymes is the most lucrative product segment registering the fastest growth during the forecast period.
Baking ingredients market data book summary
| Market revenue in 2023 | USD 427.0 million |
| Market revenue in 2030 | USD 683.0 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Baking powder & mixes |
| Fastest growing segment | Enzymes |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Emulsifier, Yeast, Enzymes, Baking powder & mixes, Oils, fats & shortenings, Colors & Flavours, Starch, Preservatives |
| Key market players worldwide | Flowers Foods Inc, JM Smucker Co, Grupo Bimbo SAB de CV ADR, Nestle SA, Aryzta, Tiger Brands Ltd, General Mills Inc, Mondelez International Inc Class A, Koninklijke DSM NV, Associated British Foods PLC |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.5% of the global baking ingredients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil baking ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,229.6 million by 2030.
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Baking Ingredients Market Scope
Baking Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tiger Brands Ltd | View profile | 10323 | 3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, South Africa, 2146 | https://www.tigerbrands.com |
| Aryzta | View profile | 1001-5000 | Eisleben, Sachsen-Anhalt, Germany, Europe | https://aryzta.de |
| JM Smucker Co | View profile | 5800 | One Strawberry Lane, Orrville, OH, United States, 44667-0280 | https://www.jmsmucker.com |
| Grupo Bimbo SAB de CV ADR | View profile | 148868 | Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Mexico, MEX, Mexico, 01210 | http://www.grupobimbo.com |
| Mondelez International Inc Class A | View profile | 91000 | 905 West Fulton Market, Suite 200, Chicago, IL, United States, 60607 | https://www.mondelezinternational.com |
| Flowers Foods Inc | View profile | 9300 | 1919 Flowers Circle, Thomasville, GA, United States, 31757 | https://www.flowersfoods.com |
| General Mills Inc | View profile | 34000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | https://www.generalmills.com |
| Associated British Foods PLC | View profile | 133000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | https://www.abf.co.uk |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
Argentina baking ingredients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to baking ingredients market will help companies and investors design strategic landscapes.
Baking powder & mixes was the largest segment with a revenue share of 27.28% in 2023. Horizon Databook has segmented the Argentina baking ingredients market based on emulsifier, yeast, enzymes, baking powder & mixes, oils, fats & shortenings, colors & flavours, starch, preservatives covering the revenue growth of each sub-segment from 2017 to 2030.
- Argentina Baking Ingredients Product Outlook (Revenue, USD Million, 2017-2030)
- Yeast
- Baking powder & mixes
- Starch
- Enzymes
- Preservatives
- Others
- Oils, fats & shortenings
- Emulsifier
- Colors & Flavours
- Argentina Baking Ingredients End Use Outlook (Revenue, USD Million, 2017-2030)
- Others
- Bread
- Cakes & Pastries
- Rolls & Pies
- Cookies & Biscuits
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Target buyers of Argentina baking ingredients market databook
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Our clientele includes a mix of baking ingredients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina baking ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Argentina baking ingredients market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina baking ingredients market size, by product, 2017-2030 (US$M)
Argentina Baking Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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