Global Baking Ingredients Market to grow at a CAGR of 5.36% during the period 2016 - 2020; Finds New Report

Report forecast the global baking ingredients market to grow at a CAGR of 5.36% during the period 2016-2020.

Baking ingredients are added to food to enhance taste, add color, and enhance texture and for preservation. Adding these ingredients help with the easy production, processing, packaging, transportation, and storage of bakery products. Baking ingredients help in preventing food spoilage, maintaining consistency in quality, adding and enhancing taste, providing texture and color, and adding nutritional value. Baking ingredients usually come in two forms: natural and artificial.

The report covers the present scenario and the growth prospects of the global baking ingredients market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of baking ingredients by vendors in the market.

The market is divided into the following segments based on geography:

• APAC
• Europe
• North America
• ROW

According to the report, one of the emerging drivers in the market is the growing demand for baking powder with tartaric acid. Consumers increasingly prefer natural baking ingredients because of increasing health concerns and growing awareness of the health benefits of consuming natural additives. Tartaric acid is a dicarboxylic acid produced by living organisms. Growth in the consumption of processed, packaged foods are other major drivers in the market.

Further, the report states that one of the main challenges is the intense competition among vendors. It is difficult to identify the differentiating factors between the product offerings of various vendors, as product differentiation is rarely possible. This has resulted in intense competition in the global baking ingredients market.

Global Baking Ingredients Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Baking Ingredients Market: Archer-Daniels-Midland, Associated British Foods, Cargill, DuPont, Ingredion, and Kerry Group.

Other Prominent Vendors in the market are: AAK, Bakels Worldwide, Corbion, DSM, Dawn Food Products, Inc., IFFCO Poultry, Lesaffre, Muntons plc, Novozymes, Puratos Group, Taura Natural Ingredients, and Tate & Lyle.

Market driver

• Growing demand for baking powder with tartaric acid
• For a full, detailed list, view our report

Market challenge

• Intense competition among vendors
• For a full, detailed list, view our report

Market trend

• Strong trend toward naturally derived sweeteners
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 63 pages and 35 Exhibit “Global Baking Ingredients market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product type, Types of ingredients and their usage, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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