Infinium Global Research Baking Ingredients Market | Page 12

Global Baking Ingredients Market : Trends and Forecast -2023
DRIVERS , RESTRAINTS AND OPPORTUNITIES IN GLOBAL BAKING INGREDIENTSMARKET

D

Drivers

R

Restraints

O

Opportunities
• growing demand for food grains due to growing population
• High efficiency of agrochemicals in increasing the yield
• Growing greenhouse vegetable production
• Limited arable land
• Stringent regulations pertaining to use of chemicals in developed countries
• Lack of education about use of agrochemicals
• Environment concerns pertaining to use of synthetic agrochemicals
• Growing demand for bio based fertilizers
• Growing population
IGR- GROWTH MATRIX ANALYSIS
Growth matrix developed by Infinium Global Research , also known as IGR- Growth Matrix helps understand the market situation of the business segments . It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making . The IGR- Growth Matrix presents the zones that define the position of the product segment and Function segment based on the market size , growth anticipated and the growth factors & historic growth . Following are the zones that IGR- Growth Matrix considers
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