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Bleaching Agents Market by Type, Form, Application And Region - Global Forecast to 2023

Bleaching Agents Market: Global Forecast until 2023

  • June 2018
  • 127 pages
  • ID: 5436766
In this report:
According to the data issued by the National Agricultural Statistics Service of the US Department of Agriculture, production of wheat flour in 2017 was ##.## million tons, which is an increase of ##.##%, 2016.
The company has a total capacity of more than ##,## tons per year, and is the second-largest hydrogen peroxide producer globally.

Summary

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The bleaching agents market is estimated to rise at a compound annual growth rate of 5.50 percent.

The bleaching agents market is projected at $728.60M in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.50 percent, to attain $953.80M by 2023. The sector is influenced by Elements such as the rise in consumption of bread & other bread-related products. Nevertheless, the ban on certain flour bleaching agents in some countries is a main restricting factor for the bleaching agents market as bleaching agents including potassium bromate and potassium iodate have shown an adverse impact on human health.

The chlorine dioxide segment is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period.

Chlorine dioxide is one of the most effective bleaching agents, which provides an instant bleaching effect to bakery products, flour, dough, and processed meat products. It also acts as a specific microbiological controller in the food & beverage market, to wash fruits & vegetables, for brewing & bottling, for fish & meat processing, and in dairy products.

APAC is intended to be the quickest-increasing area in terms of Compound annual growth rate in the bleaching agents market, due to the growing demand for flour in the bakery sector here.

The Asia Pacific area is forecasted to be the quickest-increasing in the overall bleaching agents market.The main countries with increase potential in this sector contain China (CN), India (IN), Japan (JP), and Australia (AU).

The developing economies studied in the Asia Pacific area are showing significant demand for flour used in several food applications and the baking market as a result of decreased flour prices in the territory.Moreover, traditional at-home meals are increasingly being replaced with on-the-go breakfast snacks and meals due to the increasing urban population, growing disposable income, and changing lifestyles of the people in the area.

This has led to an growth in the consumption of bread and related products, which is predicted to push the bleaching agents market in the territory.

The overall bleaching agents market is broken down region-wise, with An in-depth study of each area by studying the top sectors. These areas contain North America (NA), EU, Asia-Pac, and the Rest of the globe.

Break-up of Primaries:

• By Company category: Tier 1 - 45.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 30.0 percent

• By Description: C-suite - 47.0 percent, D-suite - 24.0 percent, and Others* - 29.0 percent

• By Area: North America continent - 25.0 percent, Europe (EU) - 35.0 percent, Asia Pacific (APAC) - 30.0 percent, and rest of the world - 10.0 percent

*Others contain sales managers, marketing managers, and product managers.

• Hawkins, Incorporated

Segment Research

This study breaks down the bleaching agents market established on category, form, application, and area. In terms of insights, this market research has emphasized different levels of analyses-competitive landscape, end-use review, and organization profiles-which together comprise and discuss the basic overviews on the emerging & high-growth segments of the bleaching agents market, high-growth areas, territories, government actions, drivers, market restraints, alternatives, and opportunities.

Why acquiring this study can help you:

• To get a comprehensive overview of the bleaching agents market

• To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved by them

• To benefit business insights about the main countries/localities in which the bleaching agents market is prospering

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