The frozen bakery additives market has been forecast to increase at a compound annual growth rate (CAGR) of 6.8% over the next five years, reaching a value of $1.46 billion by 2018.
According to a recent market report, 'Frozen Bakery Additives Market: Global Trends & Forecasts to 2018,' Europe forms the largest segment of the frozen bakery additives market and is poised to grow at a steady CAGR of 6.8% through 2018.
North America is estimated to be the second-largest market due to the increase in demand for processed food, while Asia-Pacific is projected to gain the fastest growth of 7.3% over the next five years.
Frozen bakery additives is a growing industry within the food processing sector. There is an increasing trend towards specialty and continental frozen bakery products, which further signifies the increasing use of frozen bakery additives.
Food additives are making a major contribution to the goal of assuring a better supply of food through increased food production, improved nutritional quality, and preservation.
The consumer demands placed on technology have resulted in the development of additives that afford us abundant, nutritious, appetizing, and economical foods, including frozen bakery products.
A number of chemical and physical changes take place during storage, which deteriorates the freshness and quality of frozen bakery products.
The question of food additives safety, including bakery, has received widespread attention. Different governments and private industries have come a long way in achieving high standards for pure and unadulterated food containing additives.
The growth of this market segment banks on the consumer's preference of frozen bakery products. This growth will be maintained in the future with an opportunity to produce new specialty bakery additives with plenty of innovations for health-conscious consumers which will provide nutritive value as well.
For more information on the frozen bakery additives market, see the latest research: Frozen Bakery Additives Market
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