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.
The market report study
titled Bleaching Agents published by Reports and Data offers in-depth and
comprehensive research describing the scope of the market and market insights.
The report will include details about potential opportunities, new projects,
financial situations, constructive business strategies, and an outlook on the
industry forecast. The report aims to provide an in-depth analysis of the
market impacted by the current pandemic. The COID-19 crisis has dynamically
changed the economic scenario on a global level.
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Key
Players:
Key participants
include BASF, Evonik, AkzoNobel, Siemer Milling, Hawkins, Peroxychem, Supraveni
Chemicals, Aditya Birla Chemicals, Engrain, and Gujarat Alkalies and Chemicals
Further
key findings from the report suggest:
- As of 2018, North America regional
bleaching agents market is accounted for 28 % market share and is expected
to witness significant growth attributing to rising living standards that
demand enhanced food products in terms of appearance, texture, and taste.
- The chlorine dioxide segment of the
bleaching agent market is expected to register a CAGR of 5.4% during
2019-2026. Chlorine dioxide has an instant bleaching effect on food
products. Chlorine dioxide is also used for washing fruits &
vegetables, for fish & meat processing, and brewing as it acts as the
microbiological controller.
- Based on form, the powder segment
accounted for more than 50% of the bleaching agents market share. The
powdered forms have a longer shelf life and are stable at room
temperature. Moreover, the dosing of powdered bleaching agents is more
accessible than that of liquid products.
- Europe's regional bleaching agents
market was valued at USD 330.5 Million in 2018. It is due to the high
consumption of bakery products, which increases the demand for bleaching
agents market.
- The ban on flour bleaching agents
such as chlorine and potassium iodate in some regions is likely to restrain
the market growth during the forecast years.
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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
Regional Outlook
(Revenue in USD Million; 2016–2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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full report here @
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Objective of Studies:
- To provide country level analysis of the market with
respect to the current market size and future prospective.
- To provide country level analysis of the market for
segment by application, product type and sub-segments.
- To provide strategic profiling of key players in the
market, comprehensively analyzing their core competencies, and drawing a
competitive landscape for the market.
- To track and analyze competitive developments such
as joint ventures, strategic alliances, mergers and acquisitions, new
product developments, and research and developments in the global Bleaching
Agents market.
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
