Food Bleaching Agents Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Food Bleaching Agents Market is segmented by Type (Azodicarbonamide, Hydrogen Peroxide, Ascorbic Acid, Chlorine Dioxide, and Others), By Application (Bakery Products, Flour, Cheese, and Others), and Geography.

Market Snapshot

food-bleaching-agents-market_Market Summary
Study Period: 2016 - 2026
Base Year: 2018
Fastest Growing Market: North America
Largest Market: Asia Pacific
CAGR: 0 %

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Market Overview

Global Food Bleaching Agents Market is  projected to grow at a CAGR of 6.23% during the forecast period (2019-2024).

  • The growing demand for bleaching agents is increasing significantly due to the rising demand for bread and bread-related products, growing urban population, increasing disposable income, and the technological advancements in flour quality assessment.
  • In the food & beverage processing industry, it is commonly used as a peroxygen agent in products such as flour, bakery foods, natural sugars, natural oils, waxes, gums, and starches. 

 

Scope of the Report

Global Food Bleaching Agents Market is segmented by type and application. On the basis of type, the market is segmented into azodicarbonamide, hydrogen peroxide, ascorbic acid, chlorine dioxide, and others. On the basis of application, the market is segmented into bakery products, flour, cheese, and others. Also, the study provides an analysis of the food bleaching agents market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Type
Azodicarbonamide
Hydrogen peroxide
Ascorbic acid
Chlorine dioxide
Others
By Application
Bakery products
Flour
Cheese
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
Rest of MEA

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Key Market Trends

Growing Demand for Functional Flours

Functional flours act as active ingredients in making premium food products are good quality and are healthier than normal products. Present day consumers are less interested in mid-market products. A trend is emerging among these consumers, in which they are seen to be minimizing their expenditures on basic groceries and are instead trying out new premium products available in the market. In the case of functional flour, this trend has been seen mainly in the bakery products that contain such flours. 

trend 1

Asia-Pacific Witness a Significant Market Growth in the Market Studied

Asia Pacific is projected to be the fastest-growing in the food bleaching agents market. The major countries with growth potential in this market include China, India, Japan, and Australia. The developing economies studied in the Asia Pacific region are witnessing a significant demand for flour used in various food applications and the baking industry as a result of decreased flour prices in the region. Furthermore, traditional at-home meals are increasingly being replaced with on-the-go breakfast snacks and meals owing to the growing urban population, increasing disposable income, and changing lifestyles of the people in the region. This, in turn, has led to an increase in the consumption of bread and related products, which is expected to drive the food bleaching agents market in the region.

trend 2

Competitive Landscape

Some of the major key players in the food bleaching agents market, globally, BASF, Aditya Birla Chemicals, Spectrum Chemical Manufacturing Corp, Engrain, Evonik, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Azodicarbonamide

      2. 5.1.2 Hydrogen peroxide

      3. 5.1.3 Ascorbic acid

      4. 5.1.4 Chlorine dioxide

      5. 5.1.5 Others

    2. 5.2 By Application

      1. 5.2.1 Bakery products

      2. 5.2.2 Flour

      3. 5.2.3 Cheese

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of MEA

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 BASF

      2. 6.4.2 Aditya Birla Chemicals

      3. 6.4.3 Evonik

      4. 6.4.4 Solvay

      5. 6.4.5 Nouryon

      6. 6.4.6 Spectrum Chemical Manufacturing Corp

      7. 6.4.7 Engrain

      8. 6.4.8 Akzonobel

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Food Bleaching Agents Market market is studied from 2016 - 2026.

The Food Bleaching Agents Market is growing at a CAGR of 0% over the next 5 years.

North America is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2018.

BASF, Aditya Birla Chemicals, Solvay, Nouryon, Akzonobel are the major companies operating in Food Bleaching Agents Market.

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