USD 859.60 million
Report ID: SQMIG30C2005 | Region: Global | Published Date: April, 2023 | Pages: 157 | Tables: 67 | Figures: 61
Global Food Bleaching Agents Market size was valued at USD 859.60 million in 2021 and is poised to grow from USD 902.58 million in 2022 to USD 1333.52 million by 2030, at a CAGR of 5% during the forecast period (2023-2030).
The main driving factor in boosting the market's growth is the increasing use of bleaching agents in sectors like textile and paper. Additionally, they are used to prepare baking dough in the food and beverage industry to enhance its structure and flexibility.
A bleaching agent is a chemical substance that is widely used domestically or commercially to whiten or remove color from various products and materials. The product is frequently used in homes to remove stains and brighten clothing. Liquid sodium hypochlorite in a diluted solution can be used as a bleaching agent. The product has calcium hypochlorite in its formulation when it is in powder form.
The most widely used bleaching chemicals can be divided into two groups: peroxygen bleaching agents like hydrogen peroxide and sodium perborate, and chlorine and its associated substances (such as sodium hypochlorite). reducing bleaches falls under a different category.
One of the major factors propelling the growth of the bleaching agents’ market is the rising demand for water treatment across the globe. The market growth is accelerated by the widespread use of bleaching agents in a variety of industries, including pulp and paper, textile, and construction.
US Food Bleaching Agents Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 859.60 million
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The Global Food Bleaching Agents Market is segmented based on Type, Application, and region. Based on the Type, the Global Food Bleaching Agents Market is segmented as Azodicarbonamide, Hydrogen peroxide, Ascorbic acid, Acetone peroxide, Chlorine dioxide, and Others. Based on the Application market is segmented as Bakery Products, Flour, Cheese, and others. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Food Bleaching Agents Market Analysis by Type
Based on the Type the Global Food Bleaching Agents Market is segmented as Azodicarbonamide, Hydrogen peroxide, Ascorbic acid, Acetone peroxide, Chlorine dioxide and Others. Among these, Hydrogen peroxide is usually used as a peroxygen agent in food and beverage processing products such wheat, bakery goods, natural sugars, natural oils, waxes, gums, and starches. The generally regarded as safe (GRAS) status of hydrogen peroxide as a direct ingredient in food items has been verified by the US Food and Drug Administration (FDA). In order to improve the colour of food goods, hydrogen peroxide primarily bleaches and cleanses them. In the food sector, sterilising aseptic packaging containers extends the shelf life of the products.
Food Bleaching Agents Market Analysis by Application
Global food bleaching Agents Market has been segmented on the basis of application as bakery products, flour, cheese and others. freshly milled flour contains carotenoids, it has a slightly yellowish appearance, thus bleaching chemicals are employed to make it appear whiter. Bleaching also oxidizes the flour's surface, increasing its capacity to produce gluten. Bleaching flour has become necessary for flour producers since it speeds up the maturing process and weakens the proteins in the flour. The most popular bleaching chemicals for flour include chlorine dioxide, hydrogen peroxide, and benzoyl peroxide.
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Asia-Pacific (APAC) now holds a dominant position in the bleaching agent market. The major countries with growth potential in this market include China, India, Japan, and Australia. The Asia Pacific region is witnessing a significant demand for flour used in various food applications and the baking industry as a result of decreased flour prices in the region. Due to the region's growing pulp and paper and chemical industries' demand for hydrogen peroxide. In addition, due to the region's changing lifestyles, growing urban population, and rising disposable income, traditional home meals are increasingly being substituted by on-the-go breakfast snacks and dinners. The market for food bleaching agents in the area is anticipated to grow as a result of the increase in bread consumption and other related goods.
North America is expected to have significant growth in the food bleaching agents market for food bleaching agents. Due to the high consumption of bread and bakery items in this region. In the developed markets of North America and Europe, the expansion of organic bleaching agents is expected to be accelerated by consumers' growing health consciousness.
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Food Bleaching Agents Market Driver
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Global food bleaching Agents Market is relatively fragmented, with a high level of competition. The major companies account for a share of more than half of the bleaching agents market. These companies have a strong presence in Europe, North America, and the Rest of the World (RoW). They also have manufacturing facilities in these regions and a strong distribution network.
Food Bleaching Agents Market Top Player's Company Profiles
Food Bleaching Agents Market Recent Developments
In February 2022, Polyclar brewbrite granules were launched by Ashland, which is an effective solution for upstream purification. It is easier to use as it can be mixed directly into the solution.
An increase in the demand for functional Flours
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Food Bleaching Agents Market Analysis, in terms of application, the flour segment accounted for the largest share of the market. In terms of form, the powder segment accounted for a larger share of the global market. Among the regions, Asia Pacific is projected to be the fastest-growing market for bleaching agents during the forecast period.
|Market size value in 2021||USD 859.60 million|
|Market size value in 2030||USD 1333.52 million|
|Forecast Unit (Value)||USD Million|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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For the Global Food Bleaching Agents Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Food Bleaching Agents Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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