Baking Ingredients Market Landscapes Vendor, Status and
Forecasts by Region 2025
“The Global Baking Ingredients Market is expected to reach USD 19.4 billion
by 2025, according to a new report by Hexa Reports. The market is expected
to witness a CAGR of 5.8% over the forecast period, owing to Increasing
consumer preferences for wide variety of tastes.”
The Global Baking Ingredients Market is expected to reach USD 19.4 billion by 2025, according to a new
report by Hexa Reports. The market is expected to witness a CAGR of 5.8% over the forecast period, owing to
Increasing consumer preferences for wide variety of tastes is expected to be the key factor driving the growth
of baking ingredients market. In addition, rise in food-away from home expenditures is also propelling market
growth.
Baking ingredients are widely used in various end-use segments such as bread, cookies, biscuits, cakes,
pastries, rolls, pies, tarts and cupcakes. The baking ingredients market is mainly driven by the demand from
the bread end-use segment, as it is the staple food in developed countries and affordable to many price
sensitive consumers in emerging economies. In countries like China and India, bread is replacing many
traditional breakfast and snack items.
Increase in away from home food expenditures is leading to the increase in the number of retail outlets, in-
store bakeries, convenience stores, artisan bakeries, and coffee shops providing various baked good with
innovative flavors.
Browse Detail Report With TOC @ http://www.hexareports.com/report/baking-ingredients-market
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