The global bakery industry has been witnessing a significant growth rate in terms of value sales. Health awareness and innovation are the two important factors driving the growth of bakery industry in the global market. Over the years, the industry has witnessed evolution which caters to the varying demand and needs of its target customers. Laminated dough is one such product that caters to the customers’ taste and requirements. Laminated dough consists of alternating layers of butter and dough which are processed by repeated folding and rolling. During the processing of laminated dough products, water in the butter vaporizes and expands which causes the dough to puff up. Customers have a special preference for laminated dough products such as Croissant Pastry, Danish Pastry and Puff Pastry. Usually, laminated dough products are consumed as snacks especially in cafes and restaurants.
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Over the past couple of years, there has been a rise in consumption of bakery products. Owing to this current trend, manufacturers are taking necessary steps on innovating its existing products and strategizing on coming up with unique products that cater to the consumers’ needs and requirements. Laminated dough is one such product, manufacturers have been innovating its product catalog. Laminated dough products such as croissant pastry, Danish pastry, flaky pastry or the puff pastry has witnessed significant rate of consumption, especially in the North American and European regions.
Some of the key players operating in the global Laminated Dough market are CSM Bakery Solutions, Dawn Food Products, Inc., BelPastry, Creation Food Company, PURATOS Group among others.
The major shareholding companies in the laminated dough market have been strategizing on acquiring its counterpart companies to establish a stronghold in its regional market.
In the Asia Pacific region, the traction for confectioneries and bakery has created a high demand for cakes and pastries. China is one of the largest consumers of bakery products. Hence laminated dough products such as Croissant Pastry, Puff Pastry sights an opportunity in the Asia-Pacific regions such as the Chinese or the Australian market.