Baking Ingredients Market worth $22.3 billion by 2026 - Exclusive Report by MarketsandMarkets™
b'CHICAGO, April 16, 2021 /PRNewswire/ -- According to the new market research report "Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors, Preservatives, Fibers), Application (Bread and Sweet Bakery), and Region - Forecast to 2026", published by MarketsandMarkets, the global Baking Ingredients Market is projected to grow from USD 16.6 billion in 2021 to USD 22.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026.
- b'CHICAGO, April 16, 2021 /PRNewswire/ -- According to the new market research report "Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors, Preservatives, Fibers), Application (Bread and Sweet Bakery), and Region - Forecast to 2026", published by MarketsandMarkets, the global Baking Ingredients Market is projected to grow from USD 16.6 billion in 2021 to USD 22.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026.
- The chemistry of bread baking differs somewhat from baking a cake, although they share several similarities.\nThe market for baking powder and mixes is projected to account for the largest share by type in the baking ingredients market.
- Baking mixes constitute various ingredients such as flour, baking powder, baking soda, yeast, sugar, and salt.
- This growth is attributed to the use of more dry ingredients, such as flour, baking powder, baking soda, yeast, sugar, and salt, in baking than liquid ingredients.