“Global Leavening Agents Market to reach a market value of USD 6.6 Billion by 2031 growing at a CAGR of 5.5%”
The Global Leavening Agents Market size is expected to reach $6.6 billion by 2031, rising at a market growth of 5.5% CAGR during the forecast period.
The Europe segment witnessed 34% revenue share in the market in 2023. European consumers strongly prefer clean-label, organic, and gluten-free products, which has led to a rising demand for specialized agents in baked goods. The demand for high-quality and dependable agents is consistently increased by the region's established bakery sector and a growing preference for premium and artisanal products.
The food service sector is experiencing rapid expansion as lifestyles become busier and consumer preferences shift toward convenient dining options. More people are choosing to dine out or order food for delivery rather than preparing meals at home, driving growth in restaurants, fast-food outlets, bakeries, cafes, and other food service establishments. This trend is particularly apparent in urban areas, where individuals frequently seek out fast, accessible meal options that accommodate their on-the-go lifestyles. Hence, the demand for high-quality, reliable agents continues to grow within this sector, fueling further market expansion.
Additionally, The health and wellness movement continues to fuel sales for leavening agent companies and provide a launching pad for food sector innovations. Companies are working on creating new products with new ingredients that have superior nutritional value for bakery and confectionery items. Bread manufacturers are concentrating on low-carbohydrate loaves with wheat protein and fiber. Thus, these innovations in leavening agent formulations are helping companies reach new consumer segments and expand their market share.
However, The market is witnessing substitutes such as lemon juice and egg alternatives becoming more widely available. Some leavening agent substitutes include buttermilk, plain yogurt, vinegar, cream of tartar, whipped egg whites, molasses, sour milk, club soda, and self-rising flour. Most alternatives are chosen based on the leavening agent’s basic characteristics. Hence, as alternatives continue to capture market share, synthetic agents may face a gradual decline in demand.
On the basis of form, the market is divided into biological, chemical, and others. The chemical segment recorded 21% revenue share in the market in 2023. Baking powder, baking soda, and other chemical leaveners are convenient and consistent, offering reliable rise and texture in baked goods, essential for large-scale production. The convenience of these agents allows manufacturers to maintain efficiency and quality control, which are critical in processed and packaged foods.
Based on application, the market is classified into food, personal & health care, and others. The personal & health care segment procured 25% revenue share in the market in 2023. The personal & health care segment benefits from the multifunctional properties of certain agents, especially baking soda, which is widely used for its gentle abrasiveness, deodorizing qualities, and pH-balancing abilities. In personal care, baking soda is a key ingredient in products like toothpaste, deodorants, and skincare items, where consumers seek natural, effective ingredients.
Free Valuable Insights: Global Leavening Agents Market size to reach USD 6.6 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment garnered 30% revenue share in the market in 2023. In North America, growth in this market is driven by a thriving baking industry and the popularity of convenience foods, alongside a strong trend toward health-conscious and clean-label products. Consumers in the U.S. and Canada are increasingly interested in gluten-free, non-GMO, and organic options, encouraging manufacturers to develop specialty leavening agents that align with these preferences.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 4.4 Billion |
| Market size forecast in 2031 | USD 6.6 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 5.5% from 2024 to 2031 |
| Number of Pages | 176 |
| Number of Tables | 260 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Form, Application, Region |
| Country scope |
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| Companies Included | Koninklijke DSM N.V., Archer Daniels Midland Company, Associated British Foods PLC (Wittington Investments Limited), Corbion N.V., Kerry Group plc., Novozymes A/S (Novo Holdings A/S), Cargill, Incorporated, Puratos NV/SA, SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG), and Lesaffre Group |
By Application
By Form
By Geography
The Market size is projected to reach USD 6.6 billion by 2031.
Rising Use Of Leavening Agents In Food And Beverages are driving the Market in coming years, however, Increasing Availability Of Alternatives Of Leavening Agents restraints the growth of the Market.
Koninklijke DSM N.V., Archer Daniels Midland Company, Associated British Foods PLC (Wittington Investments Limited), Corbion N.V., Kerry Group plc., Novozymes A/S (Novo Holdings A/S), Cargill, Incorporated, Puratos NV/SA, SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG), and Lesaffre Group
The expected CAGR of this Market is 5.5% from 2024 to 2031.
The Food segment led the maximum revenue in the Market by Application in 2023, thereby, achieving a market value of $4.6 billion by 2031.
The Europe region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2.2 billion by 2031.
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