Frozen Bakery Additives Market Research, Analysis, Segmentation, Trends, Size And Forecasts, Competitive Analysis, SWOT Analysis

Frozen Bakery Additives Market Introduction

The frozen bakery additives market refers to the market for food additives that are used in the production of frozen baked goods. Frozen bakery additives are added to frozen baked goods to improve their texture, appearance, flavor, and shelf life.

Frozen bakery additives include a wide range of ingredients, such as emulsifiers, enzymes, preservatives, and stabilizers. Emulsifiers help to improve the texture and stability of the frozen baked goods, while enzymes help to improve their texture and flavor. Preservatives are used to extend the shelf life of the frozen baked goods, and stabilizers are used to prevent the formation of ice crystals during freezing.

The demand for frozen bakery additives is driven by the increasing popularity of frozen baked goods, such as bread, cakes, pastries, and pizza, among consumers. The use of frozen bakery additives helps manufacturers to improve the quality of their products and extend their shelf life, which is important in the frozen food market.

The frozen bakery additives market is highly competitive, with a large number of players operating in the market. The market is dominated by a few major players, such as Archer Daniels Midland Company, Cargill, Inc., and DuPont de Nemours, Inc., but there are also many smaller players in the market.

The market for frozen bakery additives is expected to continue to grow in the coming years, driven by increasing demand for frozen baked goods and the need for longer shelf life and improved product quality.

Frozen Bakery Additives Market Industry Analysis

The frozen bakery additives market has experienced significant growth in recent years, driven by several factors including the increasing demand for frozen baked goods, changing consumer preferences, and advances in food technology.

One of the key drivers of the frozen bakery additives market is the growing popularity of frozen baked goods among consumers. Frozen baked goods are convenient, long-lasting, and often more affordable than freshly baked goods. This has led to increased demand for frozen bakery products, which in turn has driven demand for additives that can help improve their texture, flavor, and shelf life.

Another important factor driving the frozen bakery additives market is the trend towards clean label ingredients. Consumers are increasingly seeking out food products made with natural ingredients, free from artificial preservatives, flavors, and colors. This has led to a rise in demand for natural frozen bakery additives, such as plant-based emulsifiers and enzymes.

The frozen bakery additives market is also influenced by government regulations and guidelines. For example, in the United States, the Food and Drug Administration (FDA) sets limits on the use of certain food additives in order to ensure their safety. Similarly, in Europe, the European Food Safety Authority (EFSA) regulates the use of food additives and sets maximum permitted levels.

Overall, the frozen bakery additives market is expected to continue to grow in the coming years, driven by the increasing popularity of frozen baked goods and the need for longer shelf life and improved product quality. However, the market may also face challenges related to consumer demand for clean label ingredients and regulatory pressures to limit the use of certain additives.

Frozen Bakery Additives Market Trends

The frozen bakery additives market is a dynamic and rapidly evolving industry, with several emerging trends that are shaping the market. Some of the key trends in the frozen bakery additives market include:

Clean label ingredients: One of the major trends in the frozen bakery additives market is the growing demand for clean label ingredients. Consumers are becoming increasingly concerned about the ingredients used in their food, and are looking for products that are made with natural, minimally processed ingredients. As a result, there is a growing demand for frozen bakery additives that are free from artificial ingredients, flavors, and preservatives.
Plant-based ingredients: Another trend in the frozen bakery additives market is the increasing use of plant-based ingredients. Consumers are looking for food products that are environmentally sustainable and ethically sourced, and plant-based ingredients are seen as a more sustainable alternative to animal-based ingredients. As a result, there is a growing demand for plant-based frozen bakery additives, such as plant-based emulsifiers and enzymes.
Health and wellness: There is a growing focus on health and wellness in the frozen bakery additives market, with manufacturers looking for ways to create products that are healthier and more nutritious. This has led to the development of frozen bakery additives that are low in fat, sugar, and calories, and are enriched with vitamins, minerals, and other nutrients.
Convenience: Convenience is a major driver of the frozen bakery additives market, with consumers looking for products that are quick and easy to prepare. As a result, there is a growing demand for frozen bakery additives that can help to reduce preparation time and simplify the baking process.
Online sales: The growth of e-commerce has had a significant impact on the frozen bakery additives market, with an increasing number of consumers purchasing frozen baked goods and additives online. This has led to the development of new distribution channels and marketing strategies, as manufacturers seek to capitalize on the growing demand for online sales.

Overall, the frozen bakery additives market is expected to continue to evolve and adapt to changing consumer trends and preferences, with a focus on natural, plant-based, and healthy ingredients, as well as convenience and e-commerce.

Frozen Bakery Additives Market Size And Forecast

The frozen bakery additives market has been experiencing strong growth in recent years, and is expected to continue to grow in the coming years. According to a report by Market Research Future, the global frozen bakery additives market is expected to reach a value of USD 2.3 billion by 2023, growing at a CAGR of 6.7% from 2018 to 2023.

The growth of the frozen bakery additives market is being driven by several factors, including the increasing popularity of frozen baked goods, changing consumer preferences, and advances in food technology. In addition, the rising demand for clean label ingredients and plant-based additives is expected to drive the growth of the market in the coming years.

The report also highlights the growing demand for emulsifiers and enzymes, which are among the most commonly used frozen bakery additives. Emulsifiers help to improve the texture and stability of frozen baked goods, while enzymes help to improve their texture and flavor.

Geographically, the Asia-Pacific region is expected to experience the highest growth in the frozen bakery additives market, due to the increasing demand for frozen baked goods in the region, as well as the rising disposable income and changing consumer preferences. North America and Europe are also expected to see significant growth in the market, driven by the increasing demand for natural and plant-based ingredients.

Overall, the frozen bakery additives market is expected to continue to grow in the coming years, driven by the increasing demand for frozen baked goods and the need for longer shelf life and improved product quality. The market is highly competitive, with a large number of players operating in the market, and there is significant scope for innovation and product development in the coming years.

Frozen Bakery Additives Market Share Analysis

The global frozen bakery additives market is highly fragmented, with a large number of players operating in the market. Some of the key players in the market include Archer Daniels Midland Company, Cargill, Inc., DuPont de Nemours, Inc., Kerry Group plc, Ingredion, and Corbion N.V.

According to a report by Mordor Intelligence, the top five players in the frozen bakery additives market accounted for a significant share of the market in 2020. Archer Daniels Midland Company held the largest share of the market, followed by Cargill, Inc., and DuPont de Nemours, Inc.

The report also highlights the increasing focus on innovation and product development in the frozen bakery additives market, as manufacturers seek to differentiate themselves and meet the changing needs of consumers. Some of the key strategies being employed by market players include product launches, mergers and acquisitions, and partnerships and collaborations.

In terms of product type, emulsifiers and enzymes are among the most commonly used frozen bakery additives, and account for a significant share of the market. Other types of frozen bakery additives, such as oxidizing agents, reducing agents, and preservatives, also have a significant share of the market.

Geographically, the Asia-Pacific region is expected to hold the largest share of the frozen bakery additives market, due to the increasing demand for frozen baked goods in the region, as well as the rising disposable income and changing consumer preferences. North America and Europe are also significant markets for frozen bakery additives, driven by the increasing demand for natural and plant-based ingredients.

Overall, the frozen bakery additives market is highly competitive and dynamic, with a large number of players operating in the market. The market is expected to continue to grow in the coming years, driven by the increasing demand for frozen baked goods and the need for longer shelf life and improved product quality.

Frozen Bakery Additives Market Competitive Landscape

The global frozen bakery additives market is highly competitive, with a large number of players operating in the market. Some of the key players in the market include Archer Daniels Midland Company, Cargill, Inc., DuPont de Nemours, Inc., Kerry Group plc, Ingredion, and Corbion N.V. These players have been focusing on strategies such as product launches, mergers and acquisitions, and partnerships and collaborations to maintain their market position.

In August 2020, Cargill, Inc. announced the launch of a new range of label-friendly emulsifiers for the frozen bakery industry. The company’s portfolio of emulsifiers includes a range of plant-based options, and is designed to help manufacturers meet the increasing demand for clean label ingredients.

In June 2021, Archer Daniels Midland Company announced the acquisition of Sojaprotein, a leading European producer of non-GMO soy ingredients. The acquisition is expected to help ADM expand its product portfolio in the plant-based ingredients market, including the frozen bakery additives segment.

In addition, companies such as Kerry Group plc and Ingredion have been focusing on partnerships and collaborations to expand their presence in the frozen bakery additives market. For example, in May 2021, Ingredion announced a partnership with Batory Foods to distribute its range of plant-based proteins and fibers in the United States.

The frozen bakery additives market is expected to continue to be highly competitive in the coming years, with a large number of players operating in the market. Manufacturers will need to focus on innovation and product development in order to differentiate themselves and meet the changing needs of consumers, particularly in the areas of clean label ingredients and plant-based additives.

Frozen Bakery Additives Market Intelligence

The frozen bakery additives market is a growing industry, driven by the increasing popularity of frozen baked goods and the need for longer shelf life and improved product quality. Here are some key insights into the market:

Market drivers: The growth of the frozen bakery additives market is being driven by several factors, including the increasing demand for frozen baked goods, changing consumer preferences, and advances in food technology. In addition, the rising demand for clean label ingredients and plant-based additives is expected to drive the growth of the market in the coming years.
Product types: Emulsifiers and enzymes are among the most commonly used frozen bakery additives, and account for a significant share of the market. Other types of frozen bakery additives, such as oxidizing agents, reducing agents, and preservatives, also have a significant share of the market.
Geographical market: The Asia-Pacific region is expected to hold the largest share of the frozen bakery additives market, due to the increasing demand for frozen baked goods in the region, as well as the rising disposable income and changing consumer preferences. North America and Europe are also significant markets for frozen bakery additives, driven by the increasing demand for natural and plant-based ingredients.
Market trends: The frozen bakery additives market is seeing a growing trend towards clean label ingredients, with consumers increasingly seeking natural and plant-based additives. In addition, manufacturers are focusing on product innovation and development to differentiate themselves and meet the changing needs of consumers.
Market competition: The frozen bakery additives market is highly competitive, with a large number of players operating in the market. Key players include Archer Daniels Midland Company, Cargill, Inc., DuPont de Nemours, Inc., Kerry Group plc, Ingredion, and Corbion N.V. These players are focusing on strategies such as product launches, mergers and acquisitions, and partnerships and collaborations to maintain their market position.

Overall, the frozen bakery additives market is expected to continue to grow in the coming years, driven by the increasing demand for frozen baked goods and the need for longer shelf life and improved product quality. Manufacturers will need to focus on innovation and product development in order to differentiate themselves and meet the changing needs of consumers, particularly in the areas of clean label ingredients and plant-based additives.

Frozen Bakery Additives Market Industry Trends

The frozen bakery additives market is a dynamic industry that is constantly evolving. Here are some of the key trends in the market:

Clean label ingredients: Consumers are increasingly seeking out natural and clean label ingredients in their food products, including frozen baked goods. This trend is driving the demand for additives made from natural sources, and manufacturers are responding by developing new products that meet these needs.
Plant-based ingredients: The demand for plant-based ingredients in the food industry is growing, and the frozen bakery additives market is no exception. Plant-based emulsifiers, enzymes, and other additives are being developed and marketed to appeal to consumers who are seeking more plant-based options.
Gluten-free and allergen-free: Consumers with gluten intolerance and other food allergies are looking for frozen baked goods that are safe and enjoyable to eat. This is driving the development of gluten-free and allergen-free additives that can be used in frozen baked goods.
Convenience: Frozen baked goods are popular with consumers because they offer convenience and a longer shelf life. This trend is driving the development of new additives that can improve the texture, flavor, and shelf life of frozen baked goods.
Technology: Advances in food technology are driving the development of new additives that can improve the quality and consistency of frozen baked goods. This includes the use of enzymes, emulsifiers, and other ingredients that can help to optimize the production process and ensure consistent quality.

Overall, the frozen bakery additives market is seeing a number of trends that are driving growth and innovation in the industry. Manufacturers are responding to changing consumer preferences by developing new products that meet the demand for natural, plant-based, gluten-free, allergen-free, and convenient frozen baked goods. Advances in food technology are also contributing to the development of new additives that can improve the quality and consistency of frozen baked goods.

Frozen Bakery Additives Market Analysis

The frozen bakery additives market is a segment of the overall food additives market and refers to the various ingredients used to improve the quality, texture, taste, shelf life, and appearance of frozen bakery products such as bread, cakes, pastries, and others.

Market Size and Growth

The global frozen bakery additives market is expected to grow at a CAGR of 5.5% from 2021 to 2028, reaching a market value of $3.4 billion by the end of the forecast period. The growth of the market can be attributed to the increasing demand for convenience foods, changing consumer lifestyles, and rising demand for frozen bakery products, especially in the Asia-Pacific region.

Market Segmentation

The frozen bakery additives market can be segmented based on type, application, and region.

Based on type, the market can be segmented into emulsifiers, enzymes, preservatives, antioxidants, flavors & colors, and others. The emulsifiers segment is expected to dominate the market during the forecast period due to their ability to enhance the texture and shelf life of bakery products.

Based on application, the market can be segmented into bread, cakes & pastries, pizzas & savory, and others. The bread segment is expected to hold the largest market share due to its high consumption worldwide.

Based on region, the market can be segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region is expected to witness the highest growth during the forecast period due to the growing demand for convenience foods and the increasing adoption of western dietary habits.

Key Players

Some of the key players operating in the frozen bakery additives market include Archer Daniels Midland Company, Cargill, Incorporated, Corbion N.V., DuPont de Nemours, Inc., Givaudan, Ingredion Incorporated, Kerry Group, Koninklijke DSM N.V., Lonza Group, and Novozymes A/S.

Conclusion

The frozen bakery additives market is expected to witness significant growth in the coming years due to the increasing demand for convenience foods and frozen bakery products, changing consumer lifestyles, and the rise in disposable incomes. The emulsifiers segment is expected to dominate the market due to their ability to enhance the texture and shelf life of bakery products. The Asia-Pacific region is expected to witness the highest growth due to the growing adoption of western dietary habits and the increasing demand for convenience foods.

Frozen Bakery Additives Market Segmentation

The frozen bakery additives market can be segmented based on various factors including:

Type:

Emulsifiers
Enzymes
Preservatives
Antioxidants
Flavors & Colors
Others

Application:

Bread
Cakes & Pastries
Pizzas & Savory
Others

Region:

North America
Europe
Asia-Pacific
Middle East & Africa
South America

These segments help to provide a better understanding of the market dynamics, consumer preferences, and the competitive landscape. By analyzing each segment, companies can identify the most profitable areas of the market and focus on developing products and strategies that meet the specific needs of their target audience. For example, a company that specializes in emulsifiers may focus on developing products that improve the texture and shelf life of bakery products, while a company that specializes in flavors and colors may focus on creating innovative flavor profiles that appeal to consumers. Similarly, by analyzing the regional segments, companies can identify the most promising markets and tailor their marketing efforts accordingly.

Frozen Bakery Additives Market Forecast

The frozen bakery additives market is expected to grow at a CAGR of 5.5% from 2021 to 2028, reaching a market value of $3.4 billion by the end of the forecast period. Several factors are driving the growth of the market, including the increasing demand for convenience foods, changing consumer lifestyles, and the rising demand for frozen bakery products, especially in the Asia-Pacific region.

In terms of type, the emulsifiers segment is expected to dominate the market during the forecast period due to their ability to enhance the texture and shelf life of bakery products. The enzymes and preservatives segments are also expected to see significant growth, driven by the increasing demand for natural and clean label ingredients.

In terms of application, the bread segment is expected to hold the largest market share due to its high consumption worldwide. The cakes and pastries segment is also expected to see significant growth, driven by the increasing popularity of sweet baked goods.

Geographically, the Asia-Pacific region is expected to witness the highest growth during the forecast period due to the growing demand for convenience foods and the increasing adoption of western dietary habits. North America and Europe are also expected to see steady growth, driven by the increasing demand for natural and clean label ingredients.

Overall, the frozen bakery additives market is expected to see steady growth in the coming years, driven by the increasing demand for convenient and high-quality bakery products. Companies that specialize in emulsifiers, enzymes, and preservatives are likely to see the most significant growth opportunities, while companies that focus on bread, cakes, and pastries are expected to dominate the market in terms of application.

Frozen Bakery Additives Market Growth

The frozen bakery additives market is expected to grow significantly in the coming years, driven by several factors such as changing consumer preferences, rising disposable incomes, and the increasing demand for convenience foods. Some of the key factors contributing to the growth of the market include:

Increasing demand for convenience foods: The busy lifestyles of consumers have led to an increasing demand for ready-to-eat and convenient foods, including frozen bakery products. Additives are used to improve the quality, texture, taste, and shelf life of these products, making them more appealing to consumers.
Changing consumer preferences: Consumers are increasingly demanding natural and clean label ingredients in their foods, leading to the development of additives that are derived from natural sources. Companies are focusing on developing innovative products that cater to these changing preferences.
Rising disposable incomes: Rising disposable incomes in developing countries have led to an increase in the consumption of bakery products, including frozen bakery products. As a result, the demand for additives that enhance the quality and taste of these products is also increasing.
Technological advancements: Technological advancements in the food industry have led to the development of new and improved additives that offer better functionality and performance. This has led to increased adoption of these additives by food manufacturers.
Increasing demand for frozen bakery products: The increasing popularity of frozen bakery products such as bread, cakes, and pastries has led to an increase in the demand for additives that improve their quality, texture, and taste. This trend is expected to continue in the coming years, driving the growth of the market.

Overall, the frozen bakery additives market is expected to witness significant growth in the coming years, driven by these factors and others. Companies that focus on developing innovative products that cater to changing consumer preferences are likely to see the most significant growth opportunities.

Frozen Bakery Additives Market Competitor Analysis

The frozen bakery additives market is highly competitive, with several companies operating in the market. Some of the key players in the market include:

Archer Daniels Midland Company
Cargill, Inc.
DuPont
Kerry Group
Puratos Group
Corbion N.V.
Ingredion Incorporated
Tate & Lyle PLC
Royal DSM N.V.
Novozymes A/S

These companies have a strong presence in the market and offer a wide range of products that cater to the different needs of the food industry. They are focusing on developing innovative products that cater to changing consumer preferences, such as natural and clean label ingredients.

Companies are also focusing on strategic partnerships and collaborations to expand their market reach and strengthen their product portfolio. For example, in 2021, Cargill, Inc. announced a collaboration with Clean Label Project to develop a certification program for clean label ingredients in the food industry.

In terms of product innovation, companies are investing in research and development to develop new and improved additives that offer better functionality and performance. For example, in 2021, Puratos Group launched a new enzyme-based solution for bread that enhances the texture, shelf life, and flavor of baked goods.

Overall, the frozen bakery additives market is highly competitive, with several companies vying for market share. Companies that focus on product innovation, strategic partnerships, and catering to changing consumer preferences are likely to see the most significant growth opportunities in the market.

Frozen Bakery Additives Market Strengths

The frozen bakery additives market has several strengths that are driving its growth and making it an attractive industry for companies to operate in. Some of the key strengths of the market include:

Increasing demand for convenience foods: The busy lifestyles of consumers have led to an increasing demand for convenient and ready-to-eat foods, including frozen bakery products. Additives play a crucial role in improving the quality, texture, and shelf life of these products, making them more appealing to consumers.
Growing demand for natural and clean label ingredients: Consumers are increasingly demanding natural and clean label ingredients in their foods, leading to the development of additives that are derived from natural sources. This trend is expected to continue in the coming years, driving the growth of the market.
Technological advancements: Technological advancements in the food industry have led to the development of new and improved additives that offer better functionality and performance. This has led to increased adoption of these additives by food manufacturers.
Increasing demand for frozen bakery products: The increasing popularity of frozen bakery products such as bread, cakes, and pastries has led to an increase in the demand for additives that improve their quality, texture, and taste. This trend is expected to continue in the coming years, driving the growth of the market.
Wide range of applications: Additives are used in a wide range of frozen bakery products, including bread, cakes, pastries, and others. This provides a diverse range of growth opportunities for companies operating in the market.

Overall, the frozen bakery additives market has several strengths that are driving its growth and making it an attractive industry for companies to operate in. Companies that focus on developing innovative products that cater to changing consumer preferences and offer better functionality and performance are likely to see the most significant growth opportunities in the market.

Frozen Bakery Additives Market Opportunities

The frozen bakery additives market offers several opportunities for companies to expand their business and increase their market share. Some of the key opportunities in the market include:

Developing natural and clean label additives: The growing demand for natural and clean label ingredients in the food industry presents a significant opportunity for companies to develop additives that are derived from natural sources and are free from synthetic ingredients. Companies that can offer natural and clean label additives are likely to see significant growth opportunities in the market.
Expanding product portfolio: Companies can expand their product portfolio by developing new and innovative additives that cater to different frozen bakery products. For example, developing additives that improve the texture, shelf life, and taste of cakes and pastries.
Focus on emerging markets: Emerging markets such as Asia-Pacific and Latin America offer significant growth opportunities for companies operating in the frozen bakery additives market. Rising disposable incomes and changing consumer preferences in these regions are driving the demand for frozen bakery products, presenting a growth opportunity for companies.
Collaborations and partnerships: Companies can collaborate with food manufacturers and retailers to expand their market reach and increase their customer base. Collaborations can also help companies develop new products and improve their existing product offerings.
Focus on sustainability: With increasing concerns about environmental sustainability, companies can focus on developing additives that are sustainable and eco-friendly. This can help them differentiate their products in the market and appeal to environmentally conscious consumers.

Overall, the frozen bakery additives market offers several opportunities for companies to expand their business and increase their market share. Companies that focus on developing natural and clean label additives, expanding their product portfolio, and catering to emerging markets are likely to see significant growth opportunities in the market.

Frozen Bakery Additives Market Weakness

The frozen bakery additives market has some weaknesses that companies operating in the industry need to be aware of. Some of the key weaknesses of the market include:

Negative perception of additives: Some consumers have a negative perception of food additives, and this can affect the demand for frozen bakery products that contain additives. This can be a challenge for companies operating in the market, and they need to find ways to address consumer concerns and promote the benefits of using additives in frozen bakery products.
Stringent regulations: The use of food additives is regulated by various authorities around the world, and compliance with these regulations can be challenging for companies. Stringent regulations can also limit the use of certain additives, which can restrict product innovation and limit growth opportunities for companies.
Volatility in raw material prices: The prices of raw materials used in the production of frozen bakery additives can be volatile, which can affect the profitability of companies operating in the market. Companies need to have effective supply chain management strategies in place to mitigate the impact of volatile raw material prices.
Intense competition: The frozen bakery additives market is highly competitive, with several companies operating in the market. This can lead to price competition, which can affect the profitability of companies. Companies need to differentiate their products and offer value-added solutions to stand out in the market.
Dependence on the frozen bakery industry: The growth of the frozen bakery additives market is closely linked to the growth of the frozen bakery industry. Any slowdown in the growth of the frozen bakery industry can affect the demand for additives, which can impact the profitability of companies.

Overall, the frozen bakery additives market has some weaknesses that companies need to be aware of. Companies need to find ways to address consumer concerns about the use of additives, comply with stringent regulations, manage raw material prices effectively, differentiate their products in a highly competitive market, and mitigate the impact of any slowdown in the growth of the frozen bakery industry.

Frozen Bakery Additives Market Threats

The frozen bakery additives market faces several threats that companies operating in the industry need to be aware of. Some of the key threats to the market include:

Health concerns: Health concerns among consumers regarding the consumption of processed and packaged foods can impact the demand for frozen bakery products that contain additives. Consumers are increasingly looking for healthier food options, and this trend can affect the growth of the frozen bakery additives market.
Availability of natural alternatives: The availability of natural alternatives to synthetic additives can also impact the demand for frozen bakery additives. Companies that are able to offer natural and clean label alternatives are likely to have an advantage over those that offer synthetic additives.
Economic slowdown: Any slowdown in the global economy can impact the demand for frozen bakery products, which can, in turn, affect the demand for additives. Economic uncertainty can also affect consumer spending habits and preferences, which can impact the growth of the frozen bakery additives market.
Trade barriers: The frozen bakery additives market is global, with companies operating in different regions around the world. Any trade barriers, such as tariffs or import restrictions, can impact the growth of the market by limiting the flow of goods and services between countries.
Emergence of new technologies: The emergence of new technologies in the food industry, such as 3D printing, can impact the demand for frozen bakery products and, consequently, the demand for additives. Companies need to keep up with the latest technological advancements to remain competitive in the market.

Overall, the frozen bakery additives market faces several threats that companies need to be aware of. Companies need to find ways to address health concerns among consumers, develop natural alternatives to synthetic additives, mitigate the impact of any economic slowdown, navigate trade barriers, and keep up with technological advancements in the food industry to remain competitive in the market.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Market Insight Lab journalist was involved in the writing and production of this article.