According to a new report published by MarkWide Research, titled, “Laminated Dough Market,” the global market for laminated dough is set to experience steady growth. Laminated dough is a versatile pastry dough created by alternating layers of dough and butter through a process called lamination. This process results in a flaky, airy texture, making it a popular choice for various baked goods. The market is projected to achieve a Compound Annual Growth Rate (CAGR) of 4.9% over the forecast period from 2023 to 2030.
Laminated dough is widely used in the bakery industry to create a variety of pastries, including croissants, puff pastry, Danish pastries, and more. Its unique texture and ability to hold a wide range of fillings and flavors have contributed to its growing popularity. The increasing consumer preference for baked goods and pastries is driving the demand for laminated dough.
Growing Bakery Industry Spurs Demand
The global bakery industry is experiencing significant growth, with consumers seeking a variety of baked goods. Laminated dough is a fundamental component in the creation of high-quality pastries that appeal to a wide consumer base. The expanding bakery industry worldwide is propelling the demand for laminated dough.
Innovation and Product Diversity Fuel Market
Innovations in the bakery industry have led to the development of various laminated dough products. Manufacturers are continuously introducing new flavors, fillings, and formats to cater to diverse consumer preferences. This innovation and product diversification contribute to the market’s growth and expansion.
The laminated dough market can be segmented based on product type, application, distribution channel, and geography.
- Puff Pastry
- Danish Pastries
- Bakeries and Pastry Shops
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
- North America
- Latin America
- Middle East & Africa
Europe Dominates the Market
Europe currently holds a significant share of the laminated dough market, primarily due to the strong bakery culture and traditions in the region. Countries like France, Denmark, and Belgium are renowned for their pastry-making heritage, contributing to the region’s dominance. Europe is expected to maintain its leading position throughout the forecast period.
Prominent companies in the laminated dough market include:
- Grupo Bimbo S.A.B. de C.V.
- General Mills, Inc.
- Lantmännen Unibake International
- Yamazaki Baking Co., Ltd.
- TreeHouse Foods, Inc.
- Aryzta AG
- Barilla Holding S.p.A.
- Pepperidge Farm, Inc.
- Vandemoortele NV
- Flowers Foods, Inc.
These companies are focusing on product innovation, expansion of product portfolios, and strategic partnerships to strengthen their market presence.
The laminated dough market offers steady growth prospects, driven by the increasing demand for baked goods and pastries worldwide. With a projected CAGR of 4.9% from 2023 to 2030, the market is poised for consistent expansion.
The global laminated dough market is witnessing steady growth, fueled by the growing bakery industry and consumer preference for a wide range of baked goods. As consumers continue to seek high-quality pastries with diverse flavors and fillings, the demand for laminated dough is expected to rise, presenting promising prospects for the market.