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MarketsandMarkets Quoted by BakeryandSnacks as a Source in their Article on Baking Ingredients Market
BakeryandSnacks quoted MarketsandMarkets as their prime source for market trends in their article on baking ingredients market.
Baking ingredients such as flour, yeast, baking soda, additional flavors, and enhancers, among others, call for a huge demand for making bakery products, which are a part of the staple diet in western countries, majorly. The global market for baking ingredients is estimated to grow at a CAGR of 5.2%, reaching $15.19 Billion by 2020, out of which APAC is likely to show the fastest growth between 2015 and 2020. Growing standard of living, changing consumer lifestyle, increasing demand for natural ingredients, and increased consumption of baked foods has boosted the growth of this market.
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Report mentioned in the above news is,
Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors), Application (Bread, Biscuits & Cookies, Cakes & Pastries, Rolls & Pies), and Region - Global Trends & Forecast to 2020