Global Baking Ingredients Market to Reach US$ 16,000 Mn by 2022 – Persistence Market Research

3/6/2018, 11:30 AM (Source: GlobeNewswire)

New York, March 06, 2018 (GLOBE NEWSWIRE) -- Baking is one of the method of cooking food by heating it generally in oven but also on hot stones or in hot ashes. Some of the baking ingredients are baking powder, bicarbonate of soda, flour, butter, natural flavors, sweeteners and oils. The most common baked food item that uses baking ingredients is bread, while few other items are cookies, cakes, pizzas, donuts, tarts and pastries.

Since ancient times, these various bakery ingredients have been used and also keep an immense importance presently, as not a single bakery food item can be backed without using bakery ingredients. There is wide availability of bakery ingredients according to regional demands. There are various advantages that are associated with bakery ingredients, such as they are easy to available and are also easy to mix and use.

Global Baking Ingredients Market Research Report Overview @https://www.persistencemarketresearch.com/market-research/baking-ingredients-market.asp

 The global market for baking ingredient is highly fragmented and is expected to register a Compound Annual Growth Rate of 5.5% during the projected period, i.e. between 2017 and 2022. By the end of 2022, the global baking ingredients market is likely to be valued more than US$ 16,000 Mn.  

Emulsifiers Segment to lead the Global Market for Baking Ingredients

The segment of emulsifiers is likely to be in much demand than other segments in the worldwide market for baking ingredients. The segment is likely to be valued more than US$ 4,000 Mn by the end of 2022.

This revenue growth can be witness mainly due to presence of emulsifiers in various baking procedures for example improving dough stability, decreasing cost of production, enhancing activity of fermentation and extending shelf life.

One of the fastest growing application of baking ingredients is cookies and biscuits and grabbed almost more than one-fourth share of the global baking ingredients market in the year 2017.

An absolute dollar opportunity created by the sales of cookies and biscuits is more than US$ 1,000 Mn throughout the anticipated period. By the end of 2022, the segment of bun by application is expected to record lowest Compound Annual Growth Rate.

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North America to Dominate the Global Market for Baking Ingredients

The most lucrative market for baking ingredients is North America. This region is likely to witness speedy growth in baking ingredient market and also forecasted to have a fastest expansion in the year 2022.

 Some of the factors which are responsible for the growth of the market in North America region are growing population of health-conscious and rising demand and popularity for convenience and packaged food.

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Key Market Vendors

This report also offers comprehensive and detail analysis of product and business strategies of the key leaders in market. The key vendors functioning in the worldwide bakery ingredient market consist of-

Archer Daniels Midland Company, Lallemand Inc., Associated British Foods Plc., E. I. du Pont de Nemours and Co., Lonza Group AG, BASF SE, Ingredion Incorporated, Kerry Group Plc., Döhler GmbH, Ajinomoto Corporation Inc., AngelYeast Co. Ltd., Bakels, Dawn Food Products, Chr. Hansen Holding A/S

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