The global market for food additives, which has various applications in bakery and confectionary, beverages, dairy and frozen products, sauce and dressings, among others, may surpass 115 billion USD by 2024
Food additives, which refer to the substances added for maintaining or improving the freshness, safety, taste, texture, or appearance of food, have been in use since millennia.
According to the European Food Information Council (EUFIC), a non-profit organisation that provides information on food and health, the Egyptians learned the use colours and flavourings long ago. The Romans also knew how to preserve food and improve their appearance with the use of saltpetre (potassium nitrate), spices and colours. Similarly, many homes across the world have been traditionally using baking powder as raising agents and thickeners for sauces and gravies.
Even our great grand parents knew that adding salt could preserve their dried fish or meats for a long duration. Similarly, the use of other additives, such as sugar in marmalade, or sulfur dioxide in wine, are hardly of recent origin.
What has changed over the years is the scope of application for food additives. Their usage has become more widespread in the post-modern inter-connected economies. The use of food additives has grown by leaps and bounds during the recent times due to various factors, including lifestyle changes, increased popularity of processed food, and higher health consciousness among consumers.
Importance of Additives
To meet the needs of food production, a large variety of food additives has been developed over time. This is largely due to the fact that making food on a large scale is quite different from making them on a small scale at homes.
This story is from the August-September 2018 edition of Bakery Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August-September 2018 edition of Bakery Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Caffe Allora Expands
Caffe Allora, the renowned Italian bistro, unveils its latest venture with the opening of its sixth outlet at Phoenix Mall of Asia, Bangalore.
Atelier V Expands Offerings
Indore's fine dining restaurant, Atelier V, launched its brand new breakfast menu. Crafted by the acclaimed chef and owner Vedant Newatia, this innovative spread caters specifically to patrons who crave a truly delicious start to their day.
Indulge in 'Nostalgia'- The Old School Bakery
Bandra's newest Nostalgia Cafe and Bakery, where your dreams come true to relive the simpler moments as you indulge in a few nostalgic snacks and comfort drinks.
Success of Bakery Outlets
The bakery and confectionery business in-modern India has a great potential This is natural considering to grow the fact that today's urban India has huge numbers of nuclear families, many of whom have very little time at their disposal to cook elaborate meals.
The Priceless Spice
To put it simply, saffron is a spice. Of course, this definition also needs to be followed by several descriptions and explanations. One of them is that saffron is the costliest spice on the planet, by weight.
The Indian Cottage Cheese
Paneer is the most in-demand dairy product in India. It is a fresh and delicate cottage cheese or milky cheese, rich in all nutrients as well as delicious in taste. In the Indian subcontinent, many people have derived a method to preserve fresh milk in the form of paneer. Paneer, the Indian cottage cheese is comparable to the popular western ricotta cheese both in terms of texture and taste.
Key Bakery Trends
One of the largest segments in the food processing sector in India, Bakery industry is poised to witness remarkable growth.
Breaking Fast
The role of breakfast in our daily routine cannot be overstated. It is perhaps the most important of all meals; a hearty breakfast can greatly facilitate to give a good and cheerful start to the day.
Market for Healthy Bakery Ingredients
The bakery market, according to IMARC, is likely to grow at a CAGR of 9.9% between 2024-2032. The growth has been mainly because the industry is aware of the consumers' growing demand for healthy low trans-fat, bakery items and is making all efforts to meet this requirement. The basic ingredients thus need to be altered and this provides a prodigious opportunity for an enterprising entrepreneur to venture into a lucrative market - The Bakery Ingredients Market. But for this the entrepreneur has to make a thorough study not only of the growing needs of the industry but also the different healthy ingredients that the industry will need in the future. Ashok Malkani deliberates on the healthy raw materials that are likely to be used by the industry, thus enabling the entrepreneurs, keen on entering the business, to succeed.
International Snacks
International snacks like doughnuts, burgers and waffles have today become common among not only the millennials but people of all ages. Their popularity has become equivalent, if not more, than that of the Indian snacks. Their adaption to suit the Indian palette, have contributed to their widespread consumption. Ashok Malkani delves on the factors contributing to their finding favour with the populace and their future.