#biscuits market forecast

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Biscuits Market - Forecast (2022 - 2027)

The Biscuits Market size is estimated to reach $129.1 billion by 2025 with a estimated CAGR of 4.9% during the forecast period 2020-2025. Biscuits are made of flour, sugar or salt, butter or vegetable shortening, and baking powder as a leavening agent. They are baked food item that is flour-based and used as a snack. These food products are available in different flavours, types, tastes, and textures. Biscuits are generally sweet in taste made from sugar or honey and some of their types are savoury or salty in taste. Biscuits are one of the most famous and preferred packaged snacks around the globe. They can be mixed along with a variety of ingredients, which include, nuts, chocolate flavour, Choco chips, sandwich fillings, which include cream-based fillings of fruit, chocolate, and jam fillings. 

Biscuits Market Report Coverage

The report: “Biscuits Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Biscuits Market. 

By Type: Crackers and Savory, Sweet Biscuits

By Packaging: Pouches/Packets, Jars, Boxes and Others

By Distribution Channel: Convenience Stores, Independent Bakery, Online Retail, Supermarket/ Hypermarket and Others

By Geography: North America, Asia Pacific, Europe, and Rest of the World.

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Key Takeaways

Geographically, Asia Pacific holds the largest share in the global Biscuits market in 2019, owing to the increasing consumer demand in the region.

Increasing disposable income of consumers and changing living standards of the middle-class population across the globe is set to boost the global biscuits market growth positively.

Competition is very high in the market with virtually no entry barriers and almost 100% penetration of the product, which is set to increase the demand of the market for the forecast period 2020-2025.

By Type - Segment Analysis

Based on type, the global Biscuits market has Crackers & Savory and Sweet biscuits. The sweet biscuit segment accounted for the largest share of the global biscuits market in 2019. In sweet biscuits, the market for the filled biscuits is poised to grow at the highest CAGR during the forecast period 2020-2025. Sweet biscuits are consumed worldwide owing to their taste, energy content, and easy availability. The high nutrient content of sweet biscuits also makes it a preferred choice of consumers. The growing preference for ready to go snacking, along with easy accessibility for consumers through the advancing retail sector, is set to help the sweet biscuits market to grow in the forecast period 2020-2025.

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By Distribution Channel - Segment Analysis

Based on the distribution channel, the global Biscuits market has Convenience Stores, Independent bakeries, Online Channels, Supermarkets/ hypermarkets, and others. The supermarkets and hypermarkets segment accounts for the largest share of the market in 2019. The online retail segment is poised to register the highest CAGR of 4.99% during the forecast period 2020-2025. This is owing to online retailing provides more discounts and wider options to purchase. Besides, the online platform becomes popular owing to its doorstep delivery. 

Supermarkets and hypermarkets are self-help shops giving a wide variety of biscuits such as sweet biscuits, savory, crackers, filled or coated, and others. Supermarkets and hypermarkets offer extensive merchandise mix along with different brands of biscuits, placed under the same roof, which helped it to occupy more revenue share. 

By Geography - Segment Analysis

The global Biscuits Market by geography had the dominant share in Asia-Pacific, in terms of revenue and market share in 2019 owing to rising middle-class population coupled with increasing disposable income in developing countries of this region such as India and China. Besides, rising demand for biscuits as an alternative for bread, and confectioneries in this region, which is surging the global biscuits market in a positive way. Europe is set to generate the highest CAGR in the market during the forecast period 2020-2025. In North America, the market is poised to drive in the forecast period 2020-2025. This is owing to the rising consumption of sandwich biscuits, especially among the working-class population in U.S. Canada, in the North American region has been driving the regional market further. 

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Drivers – Biscuits Market

The Rising Demand for Healthy Cookie

Demand for biscuits witnessed to have a rising trend owing to the product innovations involved in the sector and the use of high-quality ingredients. Biscuits, which are available in forms like multiple grains, Ragi, Oats, and others, are grabbing the attention of the millennials who tend to stay fit with ready to-go food. In addition, bakery manufacturers attract customers with innovative packaging solutions, which is set to drive growth. 

Increasing Demand for “Ready to Go” Food 

The factors that are driving the growth of the biscuits market are increasing preference for convenience and snacking. Besides, demand for biscuits is increasing owing to the innovative packaging, new flavors, and addition of ingredients, shapes, and technologies.

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Challenges – Biscuits Market

The High cost of raw materials 

High raw material cost and growing tax burden on the industry is the challenge to look after for the biscuit market growth soon. Also, the shortage of food ingredients and labor are the factors that tend to be a challenge for the biscuit market.

Biscuits Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Biscuits Market. Key companies of this market are Nestlé UK Ltd. Parle Products Pvt. Ltd, Kellogg Company, Britannia Industries Ltd., Burton's Foods Ltd, Lotus Bakeries NV, ITC, United Biscuits, Cadbury, Walkers Shortbread Ltd etc.

Acquisitions/Product Launches:

In Apr 2019 Barilla, an Italian food company has declared that it is set to begin a range of biscuits made completely of sustainable soft wheat. A division of the Buongrano line of Mulino Bianco, the product was introduced at the end of April. The biscuits were baked in the business's biggest biscuit factory, in Castiglione delle Stiviere, near Mantua, which manufactures 108,000 tonnes of biscuits per year.

In September 2018, Leading Food & Beverage Manufacturers, Mars Saudi Arabia, Kellogg's Arabia, and Nestle Middle East signed a voluntary pledge with the Saudi Food and Drug Authority (SFDA) to reduce Sugar, Salt and Fat Content in their products. The companies also pledged to place clear nutritional labels on their products.

March 2016 - The FMCG giant ITC is focusing on tapping the niche market for health biscuits, which includes digestive biscuits. To compete with brands, like Britannia Nutri Choice, McVities Digestive, and Parle Simply Good, the company launched Sunfeast Farmlite digestive biscuits in India.

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Biscuits Market Opportunity Assessment, Market Challenges, Key vendor analysis, Vendor landscape by 2027

The Biscuit Market was valued at US$ 76,886.00 million in 2018 and is projected to reach US$ 111,079.29 million by 2027; it is expected to grow at a CAGR of 4.2% from 2019 to 2027.The. Biscuits are small bread pieces made from a mixture of flour, sugar or salt, butter or vegetable shortening, and baking powder as a leavening agent. There are a variety of biscuits available in the market, such as sweet, savory, digestive, and filled biscuits.  In 2018, Asia Pacific accounted for the largest share of the global biscuits market. The growth of the biscuit market in this region is primarily attributed to rapid growth in the food & beverages industry in China and India. Rising demand for healthy and nutritional food and beverage products among the health-conscious consumers is another noteworthy factor driving the biscuit market in Asia Pacific. Additionally, the demand and preference for innovative biscuits products is also fueling the market growth to a great extent.

Biscuit is a small bread made from a mixture of flour, sugar or salt, butter or vegetable shortening, and baking powder as a leavening agent. There are a variety of biscuits available in the market, such as sweet biscuits, savory biscuits, digestive biscuits, and filled biscuits, among others. Digestive biscuits are a rich source of fiber and are preferred by the consumers who want to avoid consumption of sugar and fructose corn syrups. Biscuits comprise of many nutritional factors such as fats, fibers, and carbohydrates that are essential to human health. The high nutritional value of biscuits makes them a highly preferred breakfast meal consumed globally.

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The selection of a prime quality of raw materials is a major aspect of standardized production, and multinational businesses need to invest in into acquire the clean label. To produce biscuits of desired variety and quality, companies are striving to select the best quality flour and essential raw material, which can be supplied continuously with the same superiority. As the biscuit products are not essential goods, attractive ingredients and health benefits or related feature can help the producers win attention on consumers. Companies are also focusing on the external appearance of the packaging, which is contributing to the sale of the product. Further, quality of the packaging of exported biscuit products and appropriateness of the product for the taste of people from different export countries also impact international businesses of biscuit manufacturers. Hence, companies are looking after using fine-quality raw materials in production as well as packaging for securing larger market share, which is boosting the market growth.

 It is very important for the development of the sector that the manufacturers increase the market share by increasing their product quality. Moreover, leading companies such as Kellogg's and Parle Products prioritize to work on product diversity and make adequate and stable studies for increasing their brand recognition. Complying with the international quality standards is particularly important for companies that export their products to multiple countries. There is a rising consumer demand for products containing non-genetically modified and natural ingredients owing to rising health awareness and safety concerns. In addition to improving lifestyles, the popularization of easy purchase at virtual supermarkets through online shopping, among other new methods of sale, is keeping the sector alive. Moreover, the biscuit producers have effortlessly storable products for e-trade; thus, the rising online retailers are driving force for biscuit manufacturers business. Further, television advertisement is one of the most prominent promotional strategies for marketing. Such marketing and selling strategies are fueling the market growth.

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Bulk Food Ingredients Market Analysis, Trends, Growth, Research, and Forecast to 2028

The global bulk food ingredients market is projected to reach USD 454.6 billion by 2028 from USD 366.7 billion by 2023, at a CAGR of 4.4% during the forecast period in terms of value. The need for packaged ready-to-eat meals like confectionary, biscuits, beverages, and chocolates is one lifestyle element that drives the market for bulk ingredients. The market has been helped by the expansion of food service retail chains and the rise in the number of restaurants and cafés. These businesses buy a substantial amount of food ingredients from wholesalers, including grains, spices, and herbs. The market for bulk food ingredients is expanding due to a variety of factors, including changing lifestyles, the embrace of Western culture, and an expanding labour force. In addition, the preference for tea and coffee over carbonated beverages is anticipated to fuel market expansion. Market participants are releasing several kinds of herbal and ayurvedic teas that are also healthy, raising demand for them in many regions of the world.

Bulk Food Ingredients Market Drivers: Rise in end-use applications

The demand for products that are rich in nutrients is significantly high in Europe and North America due to the increase in consumer awareness. The consumption of products with an extensive nutritional profile would continue to increase as parents prefer opting for food products—such as grains, oilseeds, and nuts, that are estimated to account for a key share in the bulk ingredients market. These products offer nutrition for healthy child development. End-use applications such as bakery & confectionery, snacks & spreads, ready meals, infant formulas, and dairy products are projected to witness significant growth in the next five years, resulting in increased demand for bulk food ingredients.

Food products are processed for various purposes, including the preparation of safer food products by eliminating harmful microorganisms such as bacteria, enhancing the shelf life of products, and increasing convenience. These bulk food ingredients are available in different end user application industries after being processed. Bulk food ingredients account for a major part of the raw materials required by the food processing industry. Hence, the increase in demand for packaged/processed food products is projected to drive the growth of the bulk food ingredients market.

Bulk Food Ingredients Market Opportunities: Rise in demand for natural or clean label products

Healthy, and ‘clean’ food products with fewer additives. Unlike organic, however, the term ‘natural’ remains undefined by legislators. Consumers are opting for cleaner products that contain an absolute minimum of synthetic or chemical additives.

According to the survey conducted by Consumer Reports National Research Center in 2013, two-thirds of the US consumers prefer locally grown products, whereas more than 60% of the population opt for ‘clean’ or ‘natural’ labeled products. As a result of the increase in demand for organic products in the North American and European region, as well as the other parts of the world, there is a significant growth in demand for bulk food ingredients products.

Clean-label products are organic, natural, non-GMO, and minimally processed consumer-friendly products. According to the Clean Label Alliance, it is witnessed that nearly 75% of consumers are willing to pay high prices for clean-label products. The increase in health awareness among consumers is projected to drive the demand for natural and clean-label products, which, in turn, would drive the demand for bulk food ingredients. Consumers are becoming inclined toward clean-label products, as they are becoming more aware of the non-synthetic ingredients and their negative effects. This is projected to encourage the adoption of products and diets with clean-label ingredients.

By application, beverage segment is projected to have fastest growing rate during the forecast period.

There is a growing global demand for a wide variety of beverages, including carbonated drinks, juices, sports drinks, ready-to-drink teas and coffees, functional beverages, and alcoholic beverages. As consumers seek convenience and new taste experiences, the beverage industry is constantly innovating to meet these demands. Consumers are increasingly conscious of their health and wellness, driving the demand for healthier beverage options. This includes beverages with natural ingredients, reduced sugar content, functional additives, and botanical extracts. Bulk food ingredients such as natural sweeteners, fruit extracts, natural Flavors, and plant-based ingredients are essential in developing healthier and more appealing beverage products.

Asia Pacific is dominating the bulk food ingredients market share.

The Asia Pacific region has a large and rapidly growing population. The rising population leads to increased food consumption and drives the demand for bulk food ingredients to meet the growing production needs. As more people enter the middle class and experience higher disposable incomes, there is an increased demand for processed and convenience foods, further boosting the need for bulk ingredients. There is a shift in dietary patterns in the region. Urbanization, changing lifestyles, and Western influences have led to a higher consumption of processed and packaged foods. This trend increases the demand for bulk food ingredients as manufacturers require large quantities of ingredients to meet the growing demand for these convenience products. The region is witnessing rising consumer awareness of health and wellness, leading to a growing demand for natural and organic food products. Bulk food ingredients such as herbs, spices, natural sweeteners, and functional additives align with this consumer preference for clean label and healthier options.

Top Bulk Food Ingredients Companies:

The key players in this include Archer Daniels Midland Company (US), International Flavours & Fragrances Inc. (US), Olam Group (Singapore), Cargill, Incorporated (US), Ingredion  (US), Associated British Foods plc (UK), Tate & Lyle PLC (UK), EHL Ingredients (UK), Batory Foods (US), Graincorp (Australia), Community Foods (UK), McCormick & Company, Inc. (US), The Source Bulk Foods (Australia), Essex Food Ingredients (US), and Subnutra (India). These companies have been focusing on expanding their market presence, enhancing their solutions, and partnering with many channel partners and technology companies to cater to consumers across the globe. The deep roots of these players in the market and their robust offerings are among the major factors that have helped them achieve major sales and revenues in the global bulk food ingredients market.

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Title: Building a Successful Marketing Campaign with AI in the British Construction Industry Article: In the heart of good old Britain, where builders once adorned in dusty overalls, hard hats and suede steel toe cap boots are now increasingly being complemented by a new breed of the workforce – Artificial Intelligence (AI). Gone are the days when marketing in the construction industry was confined to billboards, print ads, and door-to-door sales. Today, the industry is evolving by leaps and bounds, swiftly integrating AI to develop successful marketing campaigns. AI is a game-changing tool for businesses keen to modernise the way they operate, blend technology with tradition and put the ‘Great’ into British construction. Therefore, it's high time we grabbed the proverbial bull by the horns and explore how your British construction firm can leverage AI for a successful marketing campaign. To begin with, let's understand the role of AI in our context. Summed up succinctly, it's all about smart, targeted marketing. AI's capability of sifting through vast amounts of data to discover trends and predict future scenarios can be harnessed to optimise marketing strategies in the construction domain. With its ability to learn from each interaction, it cumulatively increases the accuracy and efficiency of your campaigns, saving both time and money – two things we Brits appreciate. AI-powered chatbots, for instance, have become an indispensable tool for customer engagement. They're available around-the-clock and can provide instant, personalised responses to customer queries. This enhances customer satisfaction while freeing up your human resources to focus on other strategic areas of business. Moreover, AI aids in identifying and segmenting your target audience, ensuring your marketing efforts are rightly directed. Toss in elements such as predictive analytics, and you can forecast customer behaviour and preferences, tailoring your communication to maximise impact. Beyond that, AI-powered tools provide valuable insights on competitors' strategies, allowing you to stay a cut above the rest in a fiercely competitive industry. As in a friendly match of cricket, knowing your opposition's tactics can help you plan better and score more runs. Another critical advantage of AI is its ability to analyse the performance of marketing campaigns in real time. Using smart algorithms and modelling techniques, AI can track and measure your campaign's success, providing data-driven feedback for future actions. It saves you from playing a guessing game and lets you make strategic decisions based on hard facts. Now, before some of us start fretting over AI replacing human effort, it's essential to understand that AI is not built to replace, but to assist. It works in tandem with the human touch, blending the precision of technology with the finesse of human intuition. It's a bit like enjoying your favourite Yorkshire tea with a digestive biscuit - each complements the other. In conclusion, AI is reshaping the way we approach marketing in the British construction industry. It's the digital architect of modern, successful marketing campaigns, bringing us smarter marketing strategies, tailored communication, competitive insights and real-time analytics. So, why lollygag around? Embrace AI and elevate your construction firm to new heights! Don't just keep calm and carry on; keep calm, carry on and conquer with AI. Case Study: Enhancing Marketing Strategy with AI in Taylor Wimpey PLC Taylor Wimpey PLC, one of the largest British homebuilding companies, has been in the construction industry for over 130 years now. However, their marketing campaigns were mostly traditional and lacked data-driven insights for personalizing and optimizing marketing efforts. Recognising the ever-growing potential of AI technology, Taylor Wimpey decided to experiment a pilot project integrating AI into their marketing strategy. Choosing a Venture with AI Their first step was identifying what AI service would enhance their campaign best.

After long deliberation and expert consultation, they decided upon AI-driven data analysis and predictive modelling. Besides, they created an in-house AI marketing team to manage and control the AI initiatives yielding insights and applying them in their marketing techniques. Partnering with AI Service Provider Taylor Wimpey partnered with a renowned AI data solution provider to help collect, analyze, and transform raw data into useful insights for their marketing campaign. The provider integrated their AI engine into Taylor Wimpey's CRM software, giving them the capability to analyze both structured and unstructured datasets. Yielding Actionable Insights With AI incorporated into the data management system, Taylor Wimpey was able to predict consumer behaviours and identify patterns with high accuracy. This allowed them to personalize their marketing approach, targeting potential customers with highly relevant offers based on their individual preferences and behaviour. Optimizing Marketing Strategy Through AI insights, Taylor Wimpey optimized its marketing strategy by focusing only on high-value targets while disregarding less promising opportunities. This significantly enhanced the company's key performance indicators, including customer engagement, conversion rates, and ultimately, revenue. Educating Staff A critical step Taylor Wimpey took was educating their marketing staff about how the AI system worked and how to use the insights yielded by the engine. This resulted in an efficient and smooth transition to the new AI-integrated marketing system. Success Indicators The results were significant. With personalized marketing, conversion rates improved by more than 30% year-on-year. Customer engagement soared, and brand awareness deepened. The optimized targeting saved costs and reduced marketing waste. Conclusion Integrating AI into a marketing campaign, as demonstrated by Taylor Wimpey, can help not just in increasing efficiency and cutting costs but also in personalizing approach, predicting customer behaviour, and enhancing overall returns from marketing efforts. It's about choosing the right AI tool and applying it judiciously while keeping your marketing staff informed and trained on its functionalities. Taking the cue from Taylor Wimpey’s success, it might be time for other players in the British construction sector to harness AI's potential in their marketing campaigns. "Ready to revolutionize your construction business with AI? Embark on a journey towards success in the British construction industry now. Act fast and catch the wave of AI-powered marketing today!" Kickstart Your Digital Journey Today! "According to a report from the Mace Group, the adoption of AI and innovative technologies can increase the construction industry's productivity by 50-60% by 2025. These findings highlight the massive potential of implementing Artificial Intelligence in British Construction Industry Marketing."

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Growth of Ultra-processed Food: Escalating Processed Food Market in India

The demand for processed food in India has been steadily increasing due to factors like urbanization, changing lifestyles, convenience, and a growing middle class. This trend has led to a rise in the consumption of packaged and processed foods across the country. The calcium propionate market is experiencing rapid growth due to the rapidly evolving preservative industry. The region has traditionally been associated with access and affordability issues, however, in recent years, there has been an increased focus on storing products safely for a longer duration of time. Calcium propionates are preservatives that offer several advantages such as mold inhibition, bacterial control, preservative, GRAS (generally recognized as safe) status, and others. The market for calcium propionates is rapidly expanding due to the increasing prevalence of the increased utilization of calcium propionates in the food and pharma industry due to the rise in health concerns in the population.

According to the Universal Data Solutions analysis, the growing awareness among consumers regarding food safety and health concerns, and a rise in the urban population will drive the global scenario of the calcium propionate market. As per their “Calcium Propionate Market” report, the global market was valued at USD 330 million in 2022, growing at a CAGR of 5.62% during the forecast period from 2023 - 2030 to reach USD 490 million by 2030.  

The World Health Organization (WHO) in a report together with the Indian Council for Research for International Economic Relations stated that the Indian ultra-process food industry grew at a compounded annual growth rate (CAGR) between 2011 and 2021, with retail sales value increasing by 13.37%. The British Heart Foundation defines ultra-process foods as those that have a longer shelf life and usually contain 5 or more ingredients such as preservatives, emulsifiers, sweeteners, and artificial colours. A significant rebound occurred in sales in 2020-21, with a CAGR of 11.29%. The five most popular categories for ultra-process foods in India- are chocolate & sugar confectionery, salty snacks, drinks, and ready-made & convenience foods. In 2021, the market share of the sweet biscuit subcategory was more than 43%. The reason sweet biscuits are consumed mainly is that they are cheap, easy to store and have a long shelf-life, according to the analysts. The advertising and marketing regulations need to consider that sweet biscuits are a popular snack among children and targeted efforts are needed to reduce marketing and advertisement of such products to children. Retail sales of salty snacks rose at a rate of 16.78% from 2011 to 2021.

Upright and Steady Climb: Calcium propionate has already made its mark in the market. As this dynamic market continues to develop and grow, it provides a glimmer of hope for the global effort to develop advanced technologies. The healthcare domain is constantly innovating and redefining its innovative system from the ground up.

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Conclusion:

The calcium propionate research is still in its early stages, due to the rapid development and expansion of technological advancement. This is indicative of the ongoing efforts to improve healthcare infrastructure and access in the region, which is gradually changing the landscape. Furthermore, the increased investment in research and development in the healthcare sector is further increasing the potential of the market. Despite the unique challenges it faces, the world is making progress towards developing more effective preservatives. As this nascent market continues to grow and develop, it has the potential to contribute significantly to global efforts to combat many of the conditions associated with it.

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Organic Bread Flour Market - Forecast (2022-2027)

Organic Bread Flour Market size is forecast to reach $887.9 million by 2027, growing at a CAGR of 6.9% during the forecast period 2022-2027. Organic bread flour is a type of flour milled from wheat that is grown and processed without using harmful synthetic fertilizers and pest control chemicals. Moreover, organic wheat farmers also undertake innovative crop rotation practices in order to minimize the risk of pests and plant diseases. Moreover, only natural preservatives can be used during processing in order for the flour to be certified as organic by an independent agency. Some of the most common kinds of organic bread flour include wholegrain and sprouted grains. Organic bread flours are primarily used for baking goods such as pastries, biscuits, or scones. Organic flour along with a leavening agent such as yeast enables bakers to produce puff pastry items. This is because yeast baking causes the dough to rise owing to carbon dioxide gas produced by it during the baking process.

Growing health consciousness among consumers post the COVID-19 pandemic and the increasing awareness regarding adverse effects of food products containing synthetic pesticide traces are some of the key factors driving the growth of the market during the forecast period 2022-2027. 

Organic Bread Flour Market Report Coverage

The report: “Organic Bread Flour Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Organic Bread Flour Market.

By Type: Organic whole grain wheat flour, Organic brown wheat flour, Organic sprouted wheat flour, and Others.

By Distribution Channel: Supermarkets and Hypermarkets, Specialist Retailers, Independent Stores, Convenience Stores, Online Retailers, and Others.

By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Columbia and Rest of South America), and Rest of the World (Middle East, and Africa)

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Key Takeaways

North America dominated the Organic Bread Flour Market in the year 2021 owing to the rapid rise in the number of certified organic farmers in North America. This has also helped bring down the prices of organic bread flour products in the region.

The growing need for consuming healthy food among urban populations coupled with the implementation of more stringent regulations regarding the use of synthetic pesticides and fertilizers in developed regions is anticipated to drive the market during the forecast period 2022-2027.

Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Organic Bread Flour Market report.

Lack of adequate regulations regarding synthetic pesticides and low awareness levels among consumers in developing regions is anticipated to hamper the market growth of the Organic Bread Flour Industry.

Organic Bread Flour Market Segment Analysis – By Type

Based on Type, the organic bread flour market can be segmented into Organic whole grain wheat flour, Organic brown wheat flour, Organic sprouted wheat flour, and Others. Organic whole grain wheat flour accounted for the largest share of the market in 2021 and is also anticipated to grow with the fastest CAGR of 7.6% during the forecast period of 2022-2027. Wholegrain wheat flours are produced by grinding the entire wheat kernel. This meant that they are much more nutritional owing to the presence of components such as starchy endosperm, bran, aleurone layer, and germ. Consumption of organic whole grain wheat flour can provide essential components such as starch, proteins, minerals, fiber, enzymes, and lipids. However organic whole grain wheat flour typically has a shorter shelf life owing to the presence of the germ which contains lipids prone to oxidative rancidity and enzymes that can trigger deterioration reactions. Organic sprouted wheat flour is also anticipated to witness robust growth owing to its superior iron absorption capability.

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Organic Bread Flour Market Segment Analysis – By Distribution Channel

The supermarkets and Hypermarkets segment accounted for the largest share of the Organic Bread Flour Market in 2021 and is projected to dominate the market during the forecast period 2022-2027. This can be attributed to the high penetration of supermarket and hypermarket chains in developed regions and the rapid growth of new supermarkets in major emerging economies. For instance, in 2021, More Retail announced that they are scouting for space in several cities across India in order to build around 300 supermarkets and hypermarkets over the next 3 years. However, the online retailers' segment is anticipated to grow with the fastest CAGR of 7.8% during the forecast period of 2022-2027 owing to the increased use of online shopping for grocery items during the COVID-19 pandemic. For instance, according to McKinsey, the penetration of the grocery sector in the e-commerce space was only around 3-4% before the pandemic. However, in 2020, the penetration increased to nearly 19-20%.

Organic Bread Flour Market Segment Analysis – By Geography

North America dominated the geography segment of the Organic Bread Flour Market in 2021 with a share of 39%, followed by Europe. The rapid growth of the segment can be attributed to the rising consumer awareness levels regarding the health and nutritional benefits of organic food and beverage products, especially in the U.S. and Canada. Besides, owing to the rising demand, the number of farmers adopting organic farming techniques has also significantly risen. For instance, according to the organic trade association, the US sales of organic products reached $62 billion in 2020, an increase of around 12.4% over the previous year.

The Asia Pacific region is anticipated to register the fastest growth during the forecast period 2022-2027 owing to the rapid rise in disposable income and massive domestic wheat cultivation in major emerging Asian economies. For instance, China and India are the two largest global producers of wheat.

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Organic Bread Flour Market Drivers

Growing incidences of diabetes among the global population are driving the market growth

According to the International Diabetes Federation (IDF), approximately 537 million adults between the ages of 20 and 79 were living with diabetes in 2021. Besides, the total number of people living with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045. The disease was directly responsible for at least 6.7 million deaths in 2021 alone. This rising prevalence of the disease is driving the demand for an organic bread flour as processed wheat flour s generally mixed with refined flour, which is not good for people suffering from diabetes.

Rapid growth in the adoption of organic farming techniques is poised to increase the growth of the market

Rapid rise in the adoption of organic farming methods such as crop rotation, use of natural fertilizers, and pest control substances is driving the market growth during the forecast period 2022-2027. For instance, according to the Agricultural and Processed Food Products Export Development Authority (APEDA), the total area under the organic certification process in India increased from 3,566,538 hectares in 2017-2018 to approximately 4,339,185 hectares by the year 2020-2021.

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Organic Bread Flour Market Challenges

Lack of stringent regulations on synthetic pesticides is likely to challenge the market growth

The lack of stringent regulations regarding the use of harmful synthetic pesticides is hampering growth opportunities as the availability of effective and cheap chemical products for pest control incentivizes farmers to continue adopting traditional farming techniques, although it can be extremely harmful to the environment and consumers. This gives farmers little incentive for shifting toward organic cultivation as organic fertilizers and preservatives are more expensive. This is especially true in developing regions as little or no regulations regarding the use of harmful chemicals in agriculture exist in these regions. For instance, while the U.S. and Australia only use around 2.5 and 2.0 kilograms of pesticide per hectare of cropland, China uses around 13.1 kilograms. 

Organic Bread Flour Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Organic Bread Flour Market. In 2021, the Organic Bread Flour Market share is fragmented by the top ten players present in the market. The Organic Bread Flour Market, top 10 companies are:

Associated British Foods

General Mills

FairhFairheaven Organic Flour Mill

Grain Craft

Hayden Flour Mills

Goodman Fielder

King Arthur Flour

Heartland Mill

Sunrise Flour Mill

The Birkett Mills

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Fortified biscuits are traditional baked goods enriched with essential vitamins, minerals, and other nutrients to enhance their nutritional profile and health benefits. These products offer a convenient and portable snack solution, making them popular among busy consumers looking for on-the-go nutrition. One example of a fortified biscuit is Britannia NutriChoice Digestive biscuits, which are enriched with fiber, vitamins, and minerals to promote digestive health and overall well-being.

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The Future of Frozen Food: A Market on the Rise

The global frozen food market is on a rapid upward trajectory, expected to hit $408.05 billion by 2029, growing at a CAGR of 5.2% from 2022 to 2029. This growth is largely fueled by the increasing demand for convenience foods, the expansion of the global cold-chain market, and shifting consumer preferences.

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Growth Drivers and Challenges

Significant growth opportunities arise from the ongoing digitalization in the retail industry and the economic emergence of regions such as Asia-Pacific, Latin America, and the Middle East & Africa. Nonetheless, the market faces notable obstacles. A growing preference for fresh and natural food products and stringent temperature monitoring requirements for frozen foods hinder market expansion. Additionally, the lack of cold chain infrastructure in developing economies remains a substantial challenge for market players.

Detailed Market Segmentation

The frozen food market is segmented by product, type, distribution channel, and geography, allowing for a detailed analysis of industry competitors and country-level market dynamics.

- Product Categories: The market includes ready meals, meat & poultry, seafood, dairy products, bakery products, vegetables, fruits, and other frozen products. Ready meals are predicted to hold the largest market share in 2022 due to the fast-paced work environment, particularly among the working class, and the growing preference for ready frozen meals for their convenience. Their popularity among the younger generation and their availability in convenience stores and supermarkets further bolster this segment's dominance.

- Bakery Products Breakdown: This segment comprises bread, pizza crust, cakes & pastries, cookies & biscuits, doughnuts, waffles, and other frozen bakery products. Bread is expected to dominate the frozen bakery products market in 2022, driven by global bread consumption, a preference for fast food, and the growth of ready-to-eat product chains and QSRs.

- Seafood Segment Growth: The seafood segment is forecasted to experience significant growth, driven by the increased consumption of fish for their high protein content and the rise in global aquaculture production. The growing use of frozen seafood as a thickening agent in various applications also contributes to market growth.

- Type Categories: The market is divided into raw, half-cooked, and ready-to-eat segments. Raw frozen foods are expected to lead the market in 2022, driven by consumer awareness of their nutritional benefits and the launch of new products. However, the ready-to-eat segment is anticipated to grow the fastest, driven by the increasing demand for convenient meal solutions, high nutritional value, extended shelf life, and easy availability.

- Distribution Channels: The market is categorized into business-to-business (B2B) and business-to-consumer (B2C) channels. In 2022, B2B is projected to hold the larger market share due to increased B2B trading, the rise of QSRs, and growing demand from hotels, restaurants, and food service sectors. Meanwhile, the B2C segment is expected to grow rapidly, driven by urbanization, the trend of online shopping, franchising concepts, and consumer demand for personalization and convenience.

Regional Market Insights

Europe is anticipated to dominate the frozen food market in 2022, attributed to the preference for ready-to-eat food, favorable regulations, and a well-established cold chain. Germany is expected to lead the European market, driven by the popularity of seasonal frozen food, high-quality frozen bakery products, and rising demand for frozen foods.

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Rising to Culinary Heights: Unleashing Creativity in the Self-Rising Flour Market

The Global Self-Rising Flour MSelf-Rising Flour Marketarket was valued at USD 579.7 million in 2023 and is projected to reach USD 1,085.5 million by 2031, growing at a CAGR of 8.18% from 2024 to 2031.

This comprehensive research study on the global Self-Rising Flour Market market offers detailed analyses of market trends, prominent drivers, and future growth prospects, providing readers with an extensive understanding of the market environment necessary for informed business decisions. Covering various aspects such as estimated market sizing, strategies employed by leading companies, restraining factors, and challenges faced by market participants, the report equips stakeholders with actionable insights.

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Market Forecast and Trends

 Precise market forecasts and identification of emerging trends enable stakeholders to anticipate the industry’s future trajectory and develop strategic tactics accordingly, providing a competitive edge in a dynamic business landscape.

 Regional and Segment Analysis

 The study facilitates industry participants in identifying high-growth regions and profitable market segments through region-specific and segment-by-segment analysis. This information aids in devising effective marketing strategies and product lineups tailored to the preferences and needs of diverse target audiences across major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

 Investment and Expansion Opportunities

 The research report unveils prospective areas for investment and business growth in the global Self-Rising Flour Market market, enabling strategic decision-making for readers seeking to expand into new markets or introduce new products.

 Competitive Analysis

 In-depth competitive analysis profiles major market competitors and evaluates their strategies, weaknesses, and market shares. Insights into top business strategies employed by key players such as partnerships, alliances, mergers, acquisitions, product innovations, and development empower industry participants to benchmark their businesses against rivals and devise winning strategies for market differentiation.

The major players in the Self-Rising Flour Market Market are:

ADM Company

Ardent Mills

Bob’s Red Mill Natural Foods

General Mills, Inc.

Homegrown Family Foods

King Arthur Baking Company

Shawnee Milling Company

The Kroger Co.

W & H Marriage & Sons Limited

HOMETOWN FOOD COMPANY

Reasons to Purchase This Report:

Futureproof Decisions: Gain precise market forecasts and identify emerging trends to confidently navigate the future of the Self-Rising Flour Market market.

Competitive Advantage: Outperform rivals with a comprehensive competitive analysis, revealing their strategies and market share.

Growth Catalysts Exposed: Uncover the key factors driving market expansion and leverage them to propel your business forward.

Profitable Opportunities: Pinpoint high-growth regions and lucrative market segments through in-depth regional and segment analysis.

Investment Guidance: Strategically plan investments and expansions in the global Self-Rising Flour Market market with insights on potential growth areas.

Informed Decisions: Utilize precise market forecasts and in-depth analysis to make data-driven business decisions.

Market Expertise: Deepen your understanding of market trends and growth drivers for a comprehensive market landscape overview.

Actionable Insights: Gain practical takeaways from the report's competitive analysis, market sizing, and future projections.

The Global Self-Rising Flour Market is Segmented as:

By Nature

Organic

Conventional

By Application           

Breads & Biscuits

Cakes & Muffins

Noodles & Pasta

Other Applications

By Sales Channel

Hypermarket/Supermarket

Specialty Store

Online Retail

Other Sales Channel

By Region

North America

U.S.

Canada

Mexico

Europe

France

U.K.

Spain

Germany

Italy

Russia

Rest of Europe

Asia-Pacific

China

Japan

India

South Korea

Rest of Asia-Pacific

Middle East & Africa

GCC

North Africa

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

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Asia-Pacific Metal Packaging Coatings Market - Forecast(2024 - 2030)

Asia-Pacific Metal Packaging Coatings Market Overview

Asia-Pacific Metal Packaging Coatings Market size is forecast to reach US$1,990.4 million by 2027, after growing at a CAGR of 7.3% during 2022-2027. The preference for metal food & beverage containers in the Asia-Pacific region has been increasing rapidly, owing to its range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging. The development of new coating technologies which include Bisphenol A non-intent (BPA-NI) coatings are further fueling the growth of the market in the Asia-Pacific region. Moreover, increasing demand for metal packaging coatings from the pharmaceutical industry are further accelerating the growth of the market in the Asia-Pacific region. Also, strict regulations regarding the use of plastics in various countries across the Asia-Pacific region along with increasing product launches and developments associated with metal packaging is expected to increase the demand for metal packaging coatings for use in various end-use industries over the forecast period.

Covid-19 Impact

The COVID-19 outbreak led to major economic problems and challenges for the food & beverage, pharmaceutical, cosmetic, and other industries in the Asia-Pacific region. According to the International Monetary Fund (IMF), the GDP growth of the Asia declined by 1.3% and Australia by 2.4% as indicated in the graphs, owing to the economic impact of COVID-19. The governments all across the Asia-Pacific region announced strict measures to slow the spread of the coronavirus and only the production of essential commodities were allowed, which impacted the non-essential commodity industries, thereby impacting the production of metal packaging coatings as well. However, economic stimulus packages allotted for multiple sectors in the Asia-Pacific region and the start of industrial production activities since 2021 is improving the metal packaging coatings market growth in the Asia-Pacific region by its increasing utilization in various industries.

Report Coverage

The report: “Asia-Pacific Metal Packaging Coatings Market Report – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Asia-Pacific metal packaging coatings industry.

By Packaging Types: Food (2 piece and 3 piece), Caps & Closure (External and Internal), and General Line (External and Internal) By Coating Types: Water based, Solvent based, and Powder based. By Resins Type: Acrylic, Fluoropolymer, Urethanes, Epoxy (BPA and Non-BPA), Amines, and Others. By Application: Food (Sea Food, Meat, Infant Nutrition & Dairy, Vegetables, Catering, Biscuits, Cookies & Confectionary, Fats & Oils, Toppings, and Others), Pharmaceutical, Cosmetics, Personal Care, and Others. By Country: China, Japan, Thailand, Vietnam, India, Indonesia, Malaysia, and Rest of Asia-Pacific.

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Key Takeaways

China dominated the Asia-Pacific Metal Packaging Coatings Market in the year 2021. One of the key drivers driving the market is increasing use of metal packaging in food products such as fruits, vegetables, infant nutrition & dairy, bakery, and other similar products in order enhance the durability of metal packaging.

Increasing product launches for phenolic resins that are primarily used in a wide range of metal packaging coatings employed in food, pharmaceuticals, and other applications which require a smooth, durable, and spotless finish, has driven the market growth. For instance, In June 2020, companies such as Allnex GMBH, which has its presence in the Asia-Pacific region launched its new eco-friendly phenolic resin for use in BPAni application for metal packaging coatings.

Strict environmental regulations are driving metal packaging coating manufacturers in the Asia-Pacific region to adopt environmentally conscious practices, thus, the demand for water-based coatings are increasing significantly in the region.

Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Coating Types

The water based coating segment held the largest share in 2021 and is expected to grow at a CAGR of 8.2% by 2027. Water-based coating is an environmentally friendly surface treatment that disperses the resin used in the coatings using water as a solvent. They have a high degree of flexibility and reduce moisture and solar radiation absorption, thereby, resulting in fewer solvent emissions. The VOC (Volatile Organic Compounds) content in the water-based coating is significantly low, and since there are regulations restricting the high VOC content in Asia-Pacific is resulting in its increasing adoption by metal packaging coating manufacturers based in the region. For instance, in 2021, China launched its 14th Five-Year Plan, the chemical sector refocused its environmental protection goals on low-carbon transformation and comprehensive control of VOC emissions, as well as a considerable emphasis on encouraging low VOC products. Furthermore, as compared to solvent-based coatings, water-based coatings for metal packaging require less coating to cover the same surface area, cost less, and do not require any additives, thinners, or hardeners because they provide higher adherence. Thus, water-based barrier coatings are utilized to protect the metal packaging from external and internal effects by sealing the substrate surface. 

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Asia-Pacific Metal Packaging Coatings Market Segment Analysis - By Application

Food sector held the largest share with 66% in the Asia-Pacific Metal Packaging Coatings Market in 2021 and is anticipated to grow at a CAGR of 7.4% during the forecast period 2022-2027. Metal packaging cans, containers, tins, and more are utilized for the packaging of the food because these types of packaging maintain the food filling's flavors and nutritional content ranging from months to several years. However, the direct contact between the metal packaging and food content filled inside the cans and other types of packaging are not safe. The direct contact between metal and food can degrade the food content, owing to this food-friendly coating are applied to safeguard the packaged food from corroding metal. The shifting the focus of Asia-Pacific packaging manufacturers from plastic to metal is expected to drive up the demand for metal packaging coatings for food cans. This is further projected to expand the market growth in the Asia-Pacific region. According to UACJ Corporation, between 2019 and 2022, global demand for aluminium used in cans will rise 11% to 6.61 million tons per year. Southeast Asian countries are likely to account for half of that demand, according to the report. Thus, rising demand for cans will accelerate the production for aluminium cans, which further benefits the metal packaging coatings demand.

Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Country

China dominated the Asia-Pacific Metal Packaging Coatings Market in terms of revenue with a share of 59% in 2021 and is projected to dominate the market during the forecast period (2022-2026). In China, the metal packaging coatings market is fueled by the growth of the country’s food & beverage sectors. For instance, according to the China Chain Store & Franchise Association, China’s food and beverage sector was valued at around US$ 595 billion in 2019, an increase of 7.8% in comparison to 2018. Metal cans offer a range of benefits such as better food protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. In August 2020, ORG technology, the Chinese manufacturer of food cans, launched its white paper on the strategic development of food cans. The company focused on coated iron metal cans with moisture-proof, environmental protection, safety, corrosion resistance, anti-extrusion, and other characteristics to gain traction in the market. In this way, such increasing food production along with the development of food cans in China, owing to its various benefits as mentioned above, is expected to increase the demand for metal packaging coatings to further enhance the durability of such food cans. This is expected to accelerate the growth of the market in China during the forecast period.

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Asia-Pacific Metal Packaging Coatings Market Driver

Increasing Preference for Metal Containers in Food & Beverage Sector

Metal packaging coatings are primarily used to coat different metals such as steel, aluminum, tin-plate, and more that are used for food & beverage packaging in order to enhance its ability to resist corrosion. Metal containers offer a range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. For instance, vegetables, fruits, pet food, soups, and meats are often packaged in metal cans. Canning foods help prolong their shelf life and can help people afford to make healthy dietary choices. Similarly, soda, beer, and even wine are usually packaged in aluminum cans since aluminum beverage cans are the most recycled category for aluminum products, with nearly 50 percent of all cans recycled annually. Thus, all of these benefits of metal containers are driving its demand over other types of packaging. As a result, many companies in the Asia-Pacific region have begun packaging their food & beverages in metal containers. For instance, in February 2021, Responsible Whatr, a brand based in India, launched spring water in aluminum beverage cans made by Ball Corporation, a leading manufacturer of aluminum packaging. The company intends to create a brand that signifies sustainability and become a significant contributor to the circular economy. In July 2020, Showa Aluminum Can Corporation (SAC), metal packaging manufacturer, launched its third aluminum can manufacturing facility in Vietnam with an overall plant capacity of 1.3 billion cans per year in order to meet the growing demand for metal packaging from the food & beverage sectors of the country. Thus, such increasing preference and use of metal containers in the Asia-Pacific region are expected to increase the demand for metal packaging coatings to further enhance the durability of the metal containers, thus, accelerating the growth of the market in the Asia-Pacific region.

Growing Demand from the Pharmaceutical Industry

Metal packaging coatings are primarily used in the pharmaceutical industry in order to provide protection to the metal from atmospheric corrosion and support decoration, labeling, and consumer information. Its range of benefits such as impermeability to light, moisture, gases, and water, durability, light-weight, and ease of printing labels directly onto the metal surface make them ideal for use in the pharmaceutical industry. Thus, an increase in pharmaceutical production in the Asia-Pacific region is expected to drive the market growth during the forecast period. According to Vietnam’s Ministry of Health, the pharmaceuticals industry is expected to grow at the rate of 10% per year from 2017 to 2028, owing to an increase in pharmaceutical production and sales in the country. Also, according to International Trade Administration, the local pharmaceutical production in Japan reached up to US$59,958 in 2017, US$62,570 in 2018, US$87,027 in 2019, and US$84,600 in 2020 respectively. thus, indicating an increase in pharmaceutical production in Japan per year. An increase in pharmaceutical production is expected to drive the demand for metal packaging coatings in the pharmaceutical industry, thus accelerating the growth of the market in the upcoming years.

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Asia-Pacific Metal Packaging Coatings Market Challenges

Volatility of Raw Material Prices

Primary raw materials including resins, solvent, and more used in the production of metal packaging coatings are derived from crude oil. As a result, fluctuations in the prices of crude oil in the Asia-Pacific region may hinder the growth of the market. For instance, India’s Crude Oil Basket (COB) reached US$19.90 per barrel, which was the lowest record since February 2002. During the first 11 months of the year 2020-21, the average annual price of India’s COB was around US$42.72 per barrel, which decreased by 30% than the average COB price in 2019-20. Likewise, as per revised estimates for 2020-21, the COB has increased by around 35% from its initial budget estimate. Since October 2021, Vietnam has also witnessed a spike in demand for crude oil. According to the oil price, the price of light crude oil exceeded US$94.38 per barrel in February 2022, an increase of 3.63% that is equivalent to US$3.3, the highest record since November 2014. Similarly, the price of Brent crude oil also increased and reached up to US$95.39 per barrel, an increase of 1.98% which is equivalent to US$1.85.

Asia-Pacific Metal Packaging Coatings Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Asia-Pacific Metal Packaging Coatings Market. Asia-Pacific metal packaging coatings top 10 players include:

The Sherwin Williams Company

PPG Industries Inc.

AkzoNobel N.V.

Kansai Paint Co., Ltd.

Altana AG (Actega)

Henkel AG & Co. KGaA

Axalta Coating Systems Ltd.

Eason & Co.

Toyochem Co., Ltd.

Kangnam Jevisco Co., Ltd. and Others.

Recent Developments

In June 2021, AkzoNobel has invested in research and development activities associated with packaging coatings. The research is primarily focused on development of a new, and recyclable coating through use of bio-derived polyelectrolytes. These polyelectrolytes are 100% natural and are extracted from shrimp shells or waste from the wood processing industry. The versatility of natural polyelectrolytes will allow the company to become less dependent on synthesized polymers for packaging coatings.

In May 2021, ALTANA completed its acquisition of the closure materials business of Henkel group, a chemical and consumer goods manufacturing company with a strong regional presence in the Asia-Pacific region. Within the ALTANA Group, the business will be integrated into the ACTEGA division and globally assigned to the metal packaging solutions business line including the Asia-Pacific region. The main objective of this acquisition is to strengthen the company’s focus on innovative specialty chemicals.

In March 2021, Toyochem launched a new line of Bisphenol A non-intent (BPA-NI) internal coatings for metal beverage bottles and cans. These coatings are based on acrylic emulsion and polyester resins. The new BPA-NI internal sprays and coil coatings for stay-on tab (SOT) ends are specially formulated to achieve the required performance results, while addressing BPA-related health and food safety concerns from regulators and consumers in the Asia-Pacific region and worldwide.