Enriched Dough Market to Cross US$ 621 Million by 2032 as Preference for Highly Nutritional Bakery Products Grows

News provided by

Jul 21, 2022, 04:30 ET

Enriched Dough Sales to Increase by 1.5x, Creating US$ 405.8 Million Market Opportunity in 2022

Fact.MR latest study provides unbiased analysis on the enriched dough market for the forthcoming decade. It provides compelling insights into growth drivers, restraints, and consumer demands influencing enriched dough sales. Besides this, it provides information about opportunities across various segments including type, application, distribution channel, and region.

NEW YORK, July 21, 2022 /PRNewswire/ -- The global enriched dough market size reached a valuation of US$ 405.8 million in 2022 and projected to exhibit a CAGR of 4.3% during the forecast period (2022-2032), surpassing US$ 621 million by 2032.

Growing inclination towards highly nutritional bakery products is a key factor pushing demand for enriched dough. Enriched dough is made by adding rich ingredients like oil, butter, eggs, milk, and sugar to traditional dough. Addition of these ingredients enhances flavor, improve nutritional content, and make texture of bread soft and fluffy.

Over the years, growing health awareness have improved the demand for high nutritional products. As a result, food manufacturing industries are utilizing products such as enriched dough to develop highly nutritional food products. This will boost enriched dough sales during the forecast period.

Consumers across the globe are spending extensively on bakery products such as bread, cakes, rolls, cookies, and pasta. As many of these products are made from enriched dough, rise in their production and consumption will aid the growth in enriched dough market over the upcoming decade.

For Critical Insights on this Market, Get A Sample Report!

https://www.factmr.com/connectus/sample?flag=S&rep_id=656

Similarly, rapid expansion of bakery industry worldwide, increasing penetration of online shopping platforms, and growing usage of enriched dough in HoReCa sectors are likely to create lucrative growth opportunities for enriched dough manufacturers.

Regionally, North America, spearheaded by the U.S., accounts for the largest share of 34.2% of the global enriched dough market. Demand in North America enriched dough market is driven by rising consumption of fortified foods, growing focus on fitness, and availability of a variety of enriched dough products such as cakes, pastries, and bread.

Key Takeaways:

By application, the bread segment is likely to be the most remunerative in the global enriched dough market during the forecast period.
Based on distribution channel, the indirect segment accounts for the largest revenue share in the global enriched dough market during the assessment period.
With rising demand for nutrient rich foods and increasing consumer spending on bakery products, North America enriched dough market size is set to reach US$ 138.8 million in 2022.
Currently, Europe enriched dough market stands at US$ 103 million and accounts for around 25.4% share in the global market.
The enriched dough market in China is anticipated to reach a valuation of US$ 26 million in 2022.

Growth Drivers:

Growing demand for healthy bakery products is driving growth in the global enriched dough market.
Rising focus towards health and fitness is likely to create opportunities for enriched dough manufacturers during the forecast period.
Continuous product launches and rapid growth of bakery industry worldwide will swiftly expand the enriched dough market size during the forthcoming years.

Restraints:

High chances of spoilage and costly storage and handling processes are limiting the growth of enriched dough market.

Interested to Procure The Data? Inquire here

https://www.factmr.com/connectus/sample?flag=EB&rep_id=656

Competitive Landscape:

Leading enriched dough manufacturers are adopting numerous strategies such as new product launches, partnerships, collaborations, acquisitions, etc. to capitalize on the emerging opportunities as well as to expand their global footprint.

For instance,

In November 2021, Cerelia SASU acquired European Dough Businesses of General Mills, Inc.
In 2021, General Mills added six new Pillsbury products to its portfolio, including ready-to-eat treats and baking shortcuts.

Key Companies Profiled by Fact.MR

Rich Products Co.
Challah Hub Company
Al Ahlia Group
The Dough Company
Starbucks Corporation
The Essential Baking Company
Cinnabon LLC
Great Gourmet Cinnamon Roll Company
Immaculate Baking Co.
De Iorio's Foods Inc.
Yeast Bakery Company
Dough Bakery company
Apt. 2B Baking Co.
Fazer Group
Gregory's Food's Inc.
Jimmy's Cookies
Alive & Kickin' Pizza Crust
Guttenplan's Frozen Dough Inc.
Allied Blending LP
Dawn Food Products Inc.

More Valuable Insights on Enriched Dough Market

In the latest study, Fact.MR offers a 360-degree view of the global enriched dough market for the forecast period of 2022 to 2032. The report also highlights key factors such as recent developments and growth drivers influencing sales in the enriched dough market through detailed segmentation as follows:

By Type:

Challah
Brioche
Cinnamon Rolls
Danish
Sticky Buns
Others

By Application:

Bread
Cookies
Biscuits
Rolls
Pasta
Cakes
Others

By Distribution Channel:

Direct
Indirect

Store-based

Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores (Bakery Shops)
Others

Online

By Region:

North America
Latin America
Europe
APAC
MEA

Get Customization on this Report for Specific Research Solutions

https://www.factmr.com/connectus/sample?flag=RC&rep_id=656

Key Questions Covered in the Enriched Dough Market Report

What will be the demand outlook of the enriched dough market in 2022?
What is the projected growth rate of the global enriched dough market during 2022-2032?
Which are the key drivers bolstering growth in the enriched dough market?
Which factors are hindering the growth in the enriched dough market?
Which region is expected to exhibit the fastest growth in the global enriched dough market during 2022-2032?

Explore Fact.MR's Coverage on the Food and Beverages Domain

Dough Whitener Market: The global demand for dough whiteners is projected to rise at a considerable pace during the forecast period, owing to the rising applications of dough whiteners in bakery industry and growing demand for aesthetic ready-to-bake products. Dough whitener is a bleaching agent used to impart whiteness to dough, which is then used for making a wide range of bakery products including dumplings, pastries, pizza.

Pastry Dough Market: Fact.MR predicts pastry dough sales to witness significant growth rate during forecast period between 2021 and 2031, generating significant revenues by the end of 2032. Factors such as rising consumer spending on ready to bake products and growing adoption of pastry dough across end-use segments like restaurants, bakery & baking stores, hotels, and café are driving growth in the global enriched dough market.

Enriched Milk Powder Market: The global enriched milk powder market size is poised to grow at a CAGR of 5.9% between 2022 and 2032, reaching a valuation of US$ 15.38 billion by 2032. Demand for enriched dough is driven by rising focus on preventive healthcare and fitness, surge in lifestyle diseases, and growing adoption of fortified foods and dietary supplements.

Vegan Certified Cake Mixes Market: Established market in regions like APEJ and North America are expected to dominate the vegan certified cake mixes market in terms of volume, whereas developing regions like MEA is likely to multiply vegan certified cake mixes market throughout the forecast period.

Low Calorie Biscuits Market: Europe holds the largest share of market in low calorie biscuits. The market is growing because of the factor, high demand for healthy and low calorie biscuit. Another key factor is the presence of major players such as United biscuits, Mondelez international holds an important share of low calorie biscuit in the European market.

Plant Based Pasta Market: In last few years, North America showcased rapid growth in plant based pasta demand, owing to growing number of health conscious consumers. The U.S. observed reduction in demand for animal based food product in past few years due to increasing number of food allergies.

Organic Rice Syrup Market: The global organic rice syrup market is valued at US$ 764 million in 2022 and is predicted to expand at a CAGR of 4.3% to reach US$ 1.16 billion by the year 2032. Rising Fear of Cardiac Diseases & Need for Sugar Substitutes Driving Sales of Organic Rice Syrup Products.

Asia Pacific Medical Foods Market: A recent study by Fact.MR on the Asia Pacific Medical Foods market offers a 10-year forecast for 2022 to 2032. The study analyzes crucial trends that are currently determining the growth of the market.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. 80% of Fortune 1000's trusts us in critical decision making. We provide both qualitative and quantitative research, spanning market forecast, market segmentation, competitor analysis, and consumer sentiment analysis.

Contact:

Mahendra Singh
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: [email protected]

Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg

SOURCE Fact.MR