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I AgreeAnalysis of Enriched Dough market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
At present, the global enriched dough market accounts for a revenue of US$ 405.8 million and is projected to surpass US$ 621 million by the end of 2032. From 2022 to 2032, worldwide enriched dough consumption is projected to increase at a CAGR of 4.3%.
Rising focus on health and fitness has driven the adoption of nutrient-rich ingredients in various foods, and since bakery products have been known to be low in nutrition, the use of enriched dough has increased specifically in this industry.
Report Attributes |
Details |
---|---|
Market Size (2022E) |
US$ 405.8 Million |
Forecasted Market Value (2032F) |
US$ 621.1 Million |
Global Market Growth Rate (2022-2032) |
4.3% CAGR |
North America Market Share (2022) |
34.2% |
Europe Market Share (2022) |
25.4% |
Key Companies Profiled |
|
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Enriched doughs are made by incorporating ingredients that add more nutritional value to the traditional doughs. Specialty enriched doughs are made by adding vitamins, folic acid, iron, etc., and have a higher nutritional value than other dough utilized in the bakery industry.
Rising demand for healthy and nutritional bread across the world is projected to drive consumption of enriched flour across the forecast period. The prevalence of lifestyle disorders and chronic diseases is projected to further increase awareness of healthy foods and subsequently drive consumption of enriched doughs.
As the popularity of enriched baked goods increases, the demand for enriched pizza dough, enriched bread dough, enriched yeast dough, vegan enriched dough, and enriched pasta dough is anticipated to rise through 2032.
However, enriched dough products are known for their rapid spoilage and this is expected to have a hampering effect on the overall enriched dough demand.
The enriched dough market is anticipated to expand at a CAGR of 4.3% through 2032.
“Growing Demand for Healthy Bakery Products across the World”
Bakery products have been widely accepted and in demand owing to their affordable nature and are expected to be popular among consumers throughout the forecast period. Bakery product manufacturers are using enriched flour to create products that are high in nutrition than conventional bakery products.
Increasing prevalence of chronic diseases and lifestyle disorders has pushed people across the world to eat healthily and take preventive measures to avoid further health complications. These factors are anticipated to drive demand for enriched bread and other enriched flour products.
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“Rapid Spoilage Impedes Enriched Dough Sales”
Enriched doughs consist of high quantities of sugar which are prone to go bad if not stored or handled properly. To prevent products made from enriched dough from spoiling they must be stored in cold environments which increases their storage and handling costs and acts as a restraining factor for enriched dough vendors across the world.
“Aspiring Market Players Could Focus on Launching New Enriched Dough Products”
New enriched dough manufacturers can adopt a similar strategy to develop enriched dough products targeted at a specific group of audiences to establish a strong foothold in the global landscape.
“Europe Leads Global Enriched Dough Consumption”
The North America enriched dough market is projected to account for a major market share of 34.2% in the global landscape while holding a revenue total of US$ 138.8 million in 2022.
Increasing focus on fitness, rising demand for nutrient-rich foods, and the growing availability of enriched dough products such as cakes, pastries, danishes, etc. are factors that drive consumption of enriched dough in this region.
The market for enriched dough in Europe is projected to exhibit a bright growth outlook owing to increasing health consciousness and awareness among people. High consumer spending potential and increasing demand for nutrient-rich baked goods are prominent trends that propel market growth in this region.
At present, the Europe enriched dough market accounts for a sales revenue total of US$ 103 million and a significant market share of 25.4% in the global landscape.
Rising awareness of health and fitness among the general population in the Asia Pacific region is expected to favour demand for enriched bread in this region. The region is expected to exhibit highly lucrative opportunities from the consumer-oriented markets of India and China.
China enriched dough market accounts for a revenue total of US$ 26 million and a market share of 6.4% at present in the global marketplace.
Analysts at Fact.MR, a market research and competitive intelligence provider, have created a detailed assessment of regional and segmental trends influencing market growth, in this latest enriched dough market survey.
Enriched dough manufacturers are focusing on launching new products made from enriched dough to capitalize on the rising health-consciousness among the general population.
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The global enriched dough market stands at US$ 405.8 million in 2022.
By 2032, sales of enriched dough are slated to reach US$ 621.1 million.
Consumption of enriched dough is anticipated to rise at 4.3% CAGR through 2032.
Currently, the China enriched dough market is valued at US$ 26 million.