Asia Pacific Functional Bakery Ingredients Market Size & Outlook
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Asia Pacific functional bakery ingredients market highlights
- The Asia Pacific functional bakery ingredients market generated a revenue of USD 349.6 million in 2024.
- The market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
- In terms of segment, enrichments was the largest revenue generating ingredients in 2024.
- Encapsulates is the most lucrative ingredients segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 349.6 million |
| Market revenue in 2030 | USD 533.4 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Enrichments |
| Fastest growing segment | Encapsulates |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Encapsulates, Dough Conditioners, Enrichments, Delivery Systems, Tablets, Other Ingredients |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.7% of the global functional bakery ingredients market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 533.4 million by 2030.
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Functional Bakery Ingredients Market Scope
Functional Bakery Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| dsm-firmenich | View profile | 10001+ | Maastricht, Limburg, The Netherlands, Europe | https://www.dsm-firmenich.com |
| Archer Daniels Midland Company | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.adm.com |
| Lesaffre | View profile | 5001-10000 | Marcq-en-baroeul, Nord-Pas-de-Calais, France, Europe | http://www.lesaffre.com/ |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| International Flavors & Fragrances Inc | View profile | 21500 | 521 West 57th Street, New York, NY, United States, 10019-2960 | https://www.iff.com |
| Corbion NV | View profile | 2727 | Piet Heinkade 127, Amsterdam, NH, Netherlands, 1019 GM | https://www.corbion.com |
| Tate & Lyle PLC | View profile | 4591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | https://www.tateandlyle.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Asia Pacific functional bakery 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 functional bakery ingredients market will help companies and investors design strategic landscapes.
Enrichments was the largest segment with a revenue share of 33.3% in 2024. Horizon Databook has segmented the Asia Pacific functional bakery ingredients market based on encapsulates, dough conditioners, enrichments, delivery systems, tablets, other ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Asia Pacific functional bakery ingredients market databook
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Our clientele includes a mix of functional bakery ingredients market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific functional bakery ingredients market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific functional bakery ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific functional bakery ingredients market size, by country, 2018-2030 (US$M)
Asia Pacific Functional Bakery Ingredients Market Outlook Share, 2024 & 2030 (US$M)
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