According to the current analysis of Reports and Data, the global Bleaching Agents Market was valued at USD 726.5 Million in 2018 and is expected to reach USD 1106.9 Million by the year 2026, at a CAGR of 5.6%. The demand for bleaching agents is increasing significantly due to the rising demand for bread and bread-related products, growing urban population, increasing disposable income, and the technological advancements in flour quality assessment. Chlorine dioxide is the most effective bleaching agent, which provides instant bleaching effect to bakery products, flour, and dough.
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Bleaching agents act as a specific microbiological controller in the food beverage industry and are used to wash fruits vegetables, for brewing bottling, and fish meat processing. It is used as peroxygen agents in the food beverage processing industry. The US Food and Drug Administration has granted the generally recognized as safe (GRAS) status of hydrogen peroxide for its use as a direct ingredient in food products. Hydrogen peroxide helps in bleaching and purifying food products, which helps in improving the color and presentation of food products. Bleaching agents enhance the shelf life of the products by sterilizing aseptic packaging containers in the food industry. The powdered form of bleaching agents have longer shelf-life and are stable for many years. Moreover, technological advancements have led to the increased usage of powdered bleaching agents due to their easy dosing process.
even been talk of levying a tax on foods linked to obesity to deter people from eating them.
Some of the Leading Market Players Are Listed Below:
- BASF,
- Evonik,
- AkzoNobel,
- Siemer Milling,
- Hawkins,
- Peroxychem,
- Supraveni Chemicals
- Others
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Market Segmentation:
Form (Revenue in USD Million; Volume in Tons, 2016–2026)
- Powder
- Liquid
Type (Revenue in USD Million; Volume in Tons, 2016–2026)
- Azodicarbonamide
- Hydrogen peroxide
- Ascorbic acid
- Acetone peroxide
- Chlorine dioxide
- Others
Application (Revenue in USD Million; Volume in Tons, 2016–2026)
- Bakery products
- Flour
- Cheese
- Others applications
Market Overview:
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Bleaching Agents market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Bleaching Agents market.
The global Bleaching Agents market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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