Zion Research has published a new report titled “Baking Ingredients Market by Type (Leavening Agents, Fats & Shortenings, Colors & Flavors, Baking Powders & Mixes, Emulsifiers, Starch, Enzymes, Oil and Other Types) for Cakes & Pastries, Bread, Rolls & Pies, Biscuits & Cookies and Other Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021” According to the report, global demand for baking ingredients was valued at over USD 11.80 billion in 2015, is expected to reach above USD 15.73 billion in 2021 and is anticipated to grow at a CAGR of slightly above 5.0% between 2016 and 2021.
Baking ingredients enhance the process of baking by improving flavor, taste and texture. Baking is the technique in which the food is baked using prolonged heat followed by radiation and convection. Yeast, flour, egg are some of the widely used basic baking ingredients for baking.
Request “Baking Ingredients Market” Sample Report at: https://www.zionmarketresearch.com/sample/baking-ingredients-market
The baking ingredients market is primarily driven by rising demand for processed and baked products. Moreover, increase in population results in growing demand for food. Changing lifestyle coupled with escalating dual and discretional income stimulates the growth of this market. Furthermore, rapidly growing food chain industry trigger the growth of the baked ingredients market. There has been a huge reluctance for cooking on a daily basis in the developed countries which triggers the growth of the market. However, baked products with partial shelf life may hamper the growth of the baking ingredients market. Nevertheless, the introduction of innovative baked products with high nutritional value is likely to open a new avenue for the baking ingredients in the market. Also, vigorously rising demand for baked, processed and packed food from the developing economies may positively impact the growth of the market in the estimated period.
Based on the type, the baking ingredients market can be segmented as leavening agents, fats & shortenings, colors & flavors, baking powders & mixes, emulsifiers, starch, enzymes and oil among others. Starch is leading segment owing to high demand and use in the baking process. A number of applications for baking ingredients includes cakes & pastries, bread, rolls & pies, biscuits & cookies and other applications. Bread is the most extensively consumed product on a daily basis in the developed countries. Biscuits and cookies are also considered as a potential market segment.
Do Inquiry before buying: https://www.zionmarketresearch.com/inquiry/baking-ingredients-market
North America and Europe are considered to be the most prominent markets for the baking ingredients. This mainly attributed to the rapidly growing consumption rate of baked food in this region. Hectic lifestyle is also another factor contributing to the splendid growth of the market in North America and Europe. Asia Pacific is witnessing unprecedented boom in recent times and is likely to maintain its pace due to growing food chain and escalating demand for baked, processed and packed food particularly in India. Latin America exhibits decent growth owing to increasing disposable income. The Middle East and Africa is anticipated to experience sustainable growth in the coming years due to rapidly changing lifestyle.
There has been intense competition leading the players to primarily focus on research and product development to sustain in this market. Associated British Foods Limited, Cargill, Inc, Royal DSM N.V., Kerry Group plc, Corbian N.V., British Bakels Ltd, Muntons plc, AAK UK, Dawn Foods Ltd, Taura, CSM, Caravan Ingredients, crust ‘n’ crumb food ingredients pvt Ltd. and Empire Baking Company among others are some of the leading players in the baking ingredients market.
Browse the full “Baking Ingredients Market” report at https://www.zionmarketresearch.com/report/baking-ingredients-market
This report segments the baking ingredients market as follows:
Baking Ingredients Market: Type Segment Analysis
- Leavening agents
- Fats & shortenings
- Colors & flavors
- Baking powders & mixes
- Emulsifiers
- Starch
- Enzymes
- Oil
- Other
Baking Ingredients Market: Applications Segment Analysis
- Cakes & pastries
- Bread
- Rolls & pies
- Biscuits & cookies
- Other
Baking Ingredients Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Browse Press Release at: https://www.zionmarketresearch.com/news/global-baking-ingredients-market
About Us
Zion Market Research is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Zion Market Research is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading industry and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.
Media Contact
Company Name: Zion Market Research
Contact Person: Joel John
Email: sales@zionmarketresearch.com
Phone: +1-386-310-3803
Address:4283, Express Lane, Suite 634-143
City: Sarasota
State: Florida
Country: United States
Website: https://www.zionmarketresearch.com/report/baking-ingredients-market