Market Overview:
The global raising agents market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bakery and confectionery products, rising awareness about healthy eating habits, and growing foodservice industry. The yeast segment is projected to grow at the highest CAGR during the forecast period, followed by baking powder and baking soda segments. Among applications, retail segment is estimated to account for majority of the global raising agents market share in 2018, while food service segment is projected to grow at a higher rate during the forecast period. North America accounted for majority of the global raising agents market share in 2017 and it is expected to maintain its dominance throughout the forecast period.
Product Definition:
A raising agent is a substance that helps baked goods rise, usually in the form of an acid and baking soda combination. The most common raising agents are baking powder and soda. Baking powder contains both an acid (cream of tartar) and a base (sodium bicarbonate). When mixed with wet ingredients, baking powder releases bubbles of carbon dioxide gas. These gas bubbles get trapped in the dough, causing it to rise as it cooks.
Yeast:
Yeast is a single-celled fungus that forms a vital ingredient in the production of alcoholic beverages, such as wine and beer. The main function of yeast is to convert sugar into ethanol and carbon dioxide. In doing so, it creates an environment that's suitable for fermentation; wherein bacteria perform the task of turning sugars into ethanol and carbon dioxide.
Baking Powder:
Baking powder is a leavening agent that is used in numerous foods and beverages. It consists of sodium and zinc salts of acid (sodium aluminum phosphate or aluminum stearate). The primary function of baking powder is to provide lift, volume, texture, color & flavor to the baked good. Baking powders are available in two forms - dry and liquid.
Application Insights:
The retail application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising importance of baking products in daily meals, snacks and cakes is expected to be one of the key factors driving product demand in this segment. Rising consumer preference for bakery products that are made using natural ingredients without any added preservatives is also likely to have a positive impact on market growth over the next few years.
Food service application was estimated as one of the fastest-growing segments owing to increasing awareness about health benefits associated with raising agents such as baking soda and vinegar among consumers across various regions including North America, Europe, Asia Pacific and Middle East & Africa. In addition, these agents are used extensively by chefs across various restaurants offering traditional Indian cuisine due to its inherent ability to enhance flavors resulting in improved taste of food items including curries, biryanis etc.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to high demand from food service providers and major retailers. The U.S., in particular, is one of the most important markets for global raising agents due to its large consumer base and strong retail sector growth. Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rapid urbanization, increasing population, rising disposable income levels coupled with expanding foodservice industry in China and India among other countries.
Growth Factors:
- Increasing demand for processed food: The global processed food market is projected to grow at a CAGR of 5.4% from 2016 to 2021. This growth is attributed to the changing lifestyles and growing urbanization across the globe. As a result, there is an increasing demand for convenience foods, which Raising Agents help to produce in an efficient manner.
- Rising awareness about health and nutrition: There has been a rising awareness among consumers about the importance of good health and nutrition, which has led them to seek out healthier alternatives such as products that contain Raising Agents. This trend is expected to continue in the future, driving demand for Raising Agents-based products.
- Technological advancements: The food industry has seen rapid advancements in technology over the past few years, with new innovations being introduced regularly. These technological advances have helped producers create better quality products with improved taste and texture using Raising Agents ingredients . This trend is likely to continue in the future, propelling growth of the Raising Agents market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Raising Agents Market Research Report
By Type
Yeast, Baking Powder, Baking Soda, Others
By Application
Retails, Food Services
By Companies
Lesaffre, AB Mauri, Lallemand, Angel Yeast, Guangxi Forise Yeast, Sunkeen, Kraft Heinz, Hulman & Company (Clabber Girl), Church & Dwight, Solvay, Natural Soda, Berun, Corbion, McCormick, Tartaros Gonzalo Castello, Hunan Yuhua Chemical Group, Haohua Honghe, Hailian Sanyi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Raising Agents Market Report Segments:
The global Raising Agents market is segmented on the basis of:
Types
Yeast, Baking Powder, Baking Soda, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retails, Food Services
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lesaffre
- AB Mauri
- Lallemand
- Angel Yeast
- Guangxi Forise Yeast
- Sunkeen
- Kraft Heinz
- Hulman & Company (Clabber Girl)
- Church & Dwight
- Solvay
- Natural Soda
- Berun
- Corbion
- McCormick
- Tartaros Gonzalo Castello
- Hunan Yuhua Chemical Group
- Haohua Honghe
- Hailian Sanyi
Highlights of The Raising Agents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Yeast
- Baking Powder
- Baking Soda
- Others
- By Application:
- Retails
- Food Services
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Raising Agents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Raising agents are chemicals that increase the activity of other chemicals.
Some of the major companies in the raising agents market are Lesaffre, AB Mauri, Lallemand, Angel Yeast, Guangxi Forise Yeast, Sunkeen, Kraft Heinz, Hulman & Company (Clabber Girl), Church & Dwight, Solvay, Natural Soda, Berun, Corbion, McCormick, Tartaros Gonzalo Castello, Hunan Yuhua Chemical Group, Haohua Honghe, Hailian Sanyi.
The raising agents market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Raising Agents Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Raising Agents Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Raising Agents Market - Supply Chain
4.5. Global Raising Agents Market Forecast
4.5.1. Raising Agents Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Raising Agents Market Size (000 Units) and Y-o-Y Growth
4.5.3. Raising Agents Market Absolute $ Opportunity
5. Global Raising Agents Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Raising Agents Market Size and Volume Forecast by Type
5.3.1. Yeast
5.3.2. Baking Powder
5.3.3. Baking Soda
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Raising Agents Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Raising Agents Market Size and Volume Forecast by Application
6.3.1. Retails
6.3.2. Food Services
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Raising Agents Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Raising Agents Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Raising Agents Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Raising Agents Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Raising Agents Demand Share Forecast, 2019-2026
9. North America Raising Agents Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Raising Agents Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Raising Agents Market Size and Volume Forecast by Application
9.4.1. Retails
9.4.2. Food Services
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Raising Agents Market Size and Volume Forecast by Type
9.7.1. Yeast
9.7.2. Baking Powder
9.7.3. Baking Soda
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Raising Agents Demand Share Forecast, 2019-2026
10. Latin America Raising Agents Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Raising Agents Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Raising Agents Market Size and Volume Forecast by Application
10.4.1. Retails
10.4.2. Food Services
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Raising Agents Market Size and Volume Forecast by Type
10.7.1. Yeast
10.7.2. Baking Powder
10.7.3. Baking Soda
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Raising Agents Demand Share Forecast, 2019-2026
11. Europe Raising Agents Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Raising Agents Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Raising Agents Market Size and Volume Forecast by Application
11.4.1. Retails
11.4.2. Food Services
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Raising Agents Market Size and Volume Forecast by Type
11.7.1. Yeast
11.7.2. Baking Powder
11.7.3. Baking Soda
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Raising Agents Demand Share, 2019-2026
12. Asia Pacific Raising Agents Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Raising Agents Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Raising Agents Market Size and Volume Forecast by Application
12.4.1. Retails
12.4.2. Food Services
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Raising Agents Market Size and Volume Forecast by Type
12.7.1. Yeast
12.7.2. Baking Powder
12.7.3. Baking Soda
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Raising Agents Demand Share, 2019-2026
13. Middle East & Africa Raising Agents Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Raising Agents Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Raising Agents Market Size and Volume Forecast by Application
13.4.1. Retails
13.4.2. Food Services
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Raising Agents Market Size and Volume Forecast by Type
13.7.1. Yeast
13.7.2. Baking Powder
13.7.3. Baking Soda
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Raising Agents Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Raising Agents Market: Market Share Analysis
14.2. Raising Agents Distributors and Customers
14.3. Raising Agents Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lesaffre
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AB Mauri
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lallemand
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Angel Yeast
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Guangxi Forise Yeast
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sunkeen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kraft Heinz
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hulman & Company (Clabber Girl)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Church & Dwight
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Solvay
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Natural Soda
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Berun
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Corbion
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. McCormick
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tartaros Gonzalo Castello
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hunan Yuhua Chemical Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Haohua Honghe
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hailian Sanyi
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
