Bleaching Agents Market Forecast, Share with Regional Portfolio, Gross Margin, Key Driven, Size

 Market Overview

According to Market Research Future (MRFR), the global bleaching agents market is projected to expand significantly from 2017 to 2023(forecast period) due to the growing use of bleaching agents in the food and beverage sector for better texture and appearance.

Bleaching agents are agents that make things colorless or whiter. Some names for bleaching agents include whitening agents, whiteners, and bleaching agents. Specific bleaching agents are used as food additives to discolor food, enhance the texture, and overall appearance of the product.

Market Dynamics

Bleaching agents induce chemical reactions in food, including oxidation and reduction, to degrade food colour. The most widely used bleaching agents are hydrogen peroxide and sodium perborate used in food industries. Commercial bakeries typically use azodicarbonamide to bleach flour which makes flour whiter. In addition, bleaching agents also alter the structure of the dough, reinforce the gluten fiber and add elasticity to the dough. USFDA (Food & Drug Administration) acknowledges bleaching agents as GRAS (Generally Recognised as Safe) and permits bleaching agents in baked goods and flour up to a maximum of 45 parts per million. The market for bleaching agents is expected to expand moderately during the forecast period due to the demand for rapid preparation of food items and enhanced food products with improved appearance and texture.

Key Players

BASF SE (Germany), Aditya Birla Chemicals (Grasim) (India), Akzo Nobel N.V. (Netherlands),  Evonik Industries AG (Germany), Akzo Nobel N.V. (Netherlands), Solvay Chemicals Inc. (US), Hawkins, Inc. (US), Spectrum Laboratory Products, Inc. (US), Gujarat Alkalies and Chemicals Ltd. (India), and Kemira Oyj (Finland) are some of the key players in the global bleaching agents market.

Segmentation

The global bleaching agents market has been segmented into type and application.

Based on type, the market has been segmented into azodicarbonamide, hydrogen peroxide, ascorbic acid, acetone peroxide, chlorine dioxide, and others.

The hydrogen peroxide segment is expected to hold the largest share of the global market for bleaching agents in terms of value. In the food and beverage processing industry, it is widely used as a peroxygen agent in products such as flour, baking foods, natural sugars, natural oils, waxes, gums and starches. The US Food and Drug Administration (FDA) has affirmed the widely accepted health status of hydrogen peroxide as a direct ingredient used in food products. Hydrogen peroxide primarily bleaches and purifies food products, which in effect helps to enhance the quality of food products.

Based on application, the market has been segmented into dairy, bakery, convenience food, and others.

Flour in bakery segment is accounted for the largest share of the global demand for bleaching agents in 2017. Bleaching agents are used for the whitening of flour, because freshly milled flour has a slightly yellowish appearance because it contains carotenoids. In addition, bleaching oxidizes the surface of the flour and increases its capacity for gluten production. Bleaching of flour helps in the weakening of proteins and in the maturation of flour for a shorter period of time, making it essential for flour producers. Some of the most popular flour bleaching agents are hydrogen peroxide, benzoyl peroxide, and chlorine dioxide.

Regional Analysis

Regionally, the global bleaching agents market analysis has been segmented into North America, Europe, the Asia Pacific, South America, and The Middle East & Africa.

Europe is seen to produce most of the revenue for the bleaching agents industry due to the high consumption of bread and bread products requiring high use of flour bleaching agents. Consumers in the area are heading towards better and safer eating habits. Bakers in this area use bleaching agents for their rapid food processing properties to meet the increasing demand for baked product consumption.

Due to increasing living standards which demand enhanced food products in terms of appearance, texture and taste, North America shows a strong market share in bleaching agents industry.

The Asia Pacific is expected to be the fastest-growing market for food bleaching agents. China, India, Japan and Australia are among the major countries with growth potential in this market. Because of lower prices in the region, the evolving economies studied in the Asia Pacific region are experiencing a significant demand for flour used in various food applications and the baking industry. In addition, conventional at-home meals are increasingly being replaced by on-the-go breakfast snacks and meals due to the rising urban population, higher disposable incomes and changing lifestyles of the people in the region.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Comments

Post a Comment

Popular posts from this blog

Dairy Cream Market Demand with Shares, Size, Regional Portfolio, key Players, Application, Brand Statistics, Gross Margin | Forecast 2027

Market Highlights Global Dairy Cream Market  is projected to be valued at  USD 18,722.1 Million by 2025 , expanding at a  CAGR of 3.80%  during the forecast period. Dairy cream is composed of a high-fat layer skimmed from the top of the milk before homogenized. The demand for dairy cream has been increasing at a moderate pace across the globe over the last few years. However, the increasing adoption of vegan and plant-based protein products around the world is expected to restrict the growth of the market. The rising consumer demand for organic dairy cream products is expected to create a growth opportunity for dairy cream manufacturers.       Europe constituted a dominant share of the dairy cream market in 2018 owing to the increasing demand from hotels/restaurants/cafes (HoReCa) industry. Germany and the UK are among the most lucrative markets for manufacturers in the region. The increasing use of dairy cream in bakery products has fur...
Read more

Plant-Based Food Market Global Demand, Growth, Business Prospect, Key Driven Factor, Brand Statistics, Region Overview and Forecast to 2027

Plant-Based Food Market Overview: The global plant-based food market will grow at a CAGR of 10.20% during the forecast period till 2027. The market for plant-based food is set to reach US$37981.6 million by 2027. As per plant-based food market analysts, the global market is anticipated to witness growth owing to the factors such as the increasing lactose intolerance as well as the increased demand for non-dairy products. However, the plant-based food market will face challenges and restraints due to the availability of substitutes and high competition during the forecast period till 2027. The growing consumer preference for a vegan and vegetarian diet in the plant-based food market will support the growth. As per plant-based food analysts, the plant-based food t based companies will face certain challenges during the forecast period till 2027. The plant-based food research report provides in-depth analysis of the type, distribution channel, and category segments. The plant-based food...
Read more

RTD Alcoholic Beverages Global Analysis: By Type, Product, Revenue Share, Size, Industry Highlights, Regional Demand | Forecast 2027

Overview: The RTD Alcoholic Beverages Market is predicted to register a CAGR of 3.44% during the 2019 to 2025 forecast period. A Market Research Report predicts a US$17,134.3 million valuation of the market by 2025. The growth is anticipated to be supported by consumers’ growing inclination towards convenience. Based on the report, the fast-growing demand for premium products will drive growth in the market in the coming years till 2025. However, cultural beliefs across certain countries banning alcohol will negatively affect the RTD Alcoholic Beverages Market’s Growth. The fluctuating prices of raw materials are anticipated to be another factor which could turn out to be a threat to companies during 2019 to 2025. The market report based on primary and secondary data reveals that packaging type, distribution channels, and type segments will witness a healthy growth till 2025. While the presence of many untapped opportunities across the market will support the market during the foreca...
Read more