The Food Bleaching Agents Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
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The food bleaching agent is a compound that lightens or whitens food-related items through a chemical reaction. The bleaching reactions involve oxidative or reductive processes that degrade color systems. The most commonly used bleaching agents are hydrogen peroxide and sodium perborate used in the food industry. Furthermore, bleaching agents also change the structure of the dough, strengthen the gluten fiber, and add elasticity to the dough. Increasing demand for peroxygen bleaching and hydrogen peroxide in the food and beverage industry is also projected to influence the bleaching agent market significantly.
In June 2015, Evonik and Brenntag AG, A chemical distributor, teamed up to introduce new tailored hydrogen peroxide and peracetic acid grades for cosmetic manufacturers as well as for drug and medical industries.
Major Players are:
BASF SE (Germany),Aditya Birla Chemicals (Grasim) (India),Evonik Industries AG (Germany),Solvay Chemicals Inc. (United States),Akzo Nobel N.V. (Netherlands),Hawkins, Inc. (United States),Peroxychem (United States),Spectrum Laboratory Products, Inc. (United States),Gujarat Alkalies and Chemicals Ltd. (India),Kemira Oyj (Finland)
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The titled segments and sub-section of the market are illuminated below:
Type (Azodicarbonamide, Hydrogen Peroxide, Ascorbic Acid, Acetone Peroxide, Chlorine Dioxide, Others), Application (Bakery products, Flour, Beverages, Others), Form (Powder, Liquid)
Growing Demand for Functional Flours
Rising Demand for Bread and Bread-Related Products
Increase in Urban Population and Increasing Disposable Income
Technological Advancements in Flour Quality Assessment
Reduced Consumption of Food Products Containing Chemical Ingredients
Emerging usage of food bleaching agent in various sector of the food industry is expected to generate untapped opportunity for the bleaching agent market.
Years considered for this report:
- Historical Years: 2015-2020
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2021-2026
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Extract from Table of Content:
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Covid-19 Crisis Analysis on Global Food Bleaching Agents Market
Chapter 05 – Global Food Bleaching Agents Market – Pricing Analysis
Chapter 06 – Global Food Bleaching Agents Market Background
Chapter 07 — Global Food Bleaching Agents Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Food Bleaching Agents Market
Chapter 09 – Global Food Bleaching Agents Market Structure Analysis
Chapter 10 – Global Food Bleaching Agents Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology
What are the market factors that are explained in the Food Bleaching Agents Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Questions Answered in the Report:
- How much is the Food Bleaching Agents MarketWorth?
- What is the Growth Rate of the Food Bleaching Agents Market?
- Which Segment ofthe Food Bleaching Agents to Hold the Highest Market Share?
- Which Segment ofthe Food Bleaching Agents Market to Witness Fastest Growth Rate?
- Which Region to Hold the Biggest Market Share?
- Who are the Key Players of the Food Bleaching Agents Market?
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