Food Bleaching Agents Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 0.00 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Food Bleaching Agents Market Analysis
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.
Food Bleaching Agents Market Trends
This section covers the major market trends shaping the Food Bleaching Agents Market according to our research experts:
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.
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.
Food Bleaching Agents Industry Overview
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.
Food Bleaching Agents Market Leaders
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BASF
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Aditya Birla Chemicals
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Solvay
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Nouryon
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Akzonobel
*Disclaimer: Major Players sorted in no particular order
Food Bleaching Agents Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Azodicarbonamide
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5.1.2 Hydrogen peroxide
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5.1.3 Ascorbic acid
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5.1.4 Chlorine dioxide
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5.1.5 Others
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5.2 By Application
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5.2.1 Bakery products
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5.2.2 Flour
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5.2.3 Cheese
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5.2.4 Others
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.1.4 Rest of North America
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5.3.2 Europe
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5.3.2.1 United Kingdom
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5.3.2.2 Germany
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5.3.2.3 France
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5.3.2.4 Russia
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5.3.2.5 Italy
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5.3.2.6 Spain
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5.3.2.7 Rest of Europe
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5.3.3 Asia Pacific
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5.3.3.1 India
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5.3.3.2 China
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5.3.3.3 Japan
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5.3.3.4 Australia
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5.3.3.5 Rest of Asia-Pacific
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East & Africa
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5.3.5.1 South Africa
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5.3.5.2 Saudi Arabia
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5.3.5.3 Rest of MEA
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 BASF
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6.4.2 Aditya Birla Chemicals
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6.4.3 Evonik
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6.4.4 Solvay
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6.4.5 Nouryon
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6.4.6 Spectrum Chemical Manufacturing Corp
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6.4.7 Engrain
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6.4.8 Akzonobel
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Food Bleaching Agents Industry Segmentation
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 agentsmarket 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 | |||||||||
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Food Bleaching Agents Market Research FAQs
What is the current Food Bleaching Agents Market size?
The Food Bleaching Agents Market is projected to register a CAGR of 0% during the forecast period (2024-2029)
Who are the key players in Food Bleaching Agents Market?
BASF, Aditya Birla Chemicals, Solvay, Nouryon and Akzonobel are the major companies operating in the Food Bleaching Agents Market.
Which is the fastest growing region in Food Bleaching Agents Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Food Bleaching Agents Market?
In 2024, the Asia Pacific accounts for the largest market share in Food Bleaching Agents Market.
What years does this Food Bleaching Agents Market cover?
The report covers the Food Bleaching Agents Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Food Bleaching Agents Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Food Bleaching Agents Industry Report
Statistics for the 2024 Food Bleaching Agents market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Food Bleaching Agents analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Food Bleaching Agents Report Snapshots
