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Baking Ingredients Market by Type (Enzymes, Emulsifiers, Leavening agents, Fats & Shortenings, Mold Inhibitors, Colors & Flavors), Application (Bread, Biscuits & Cookies, Cakes & Pastries, Rolls & Pies) & Region - Global Trends & Forecast to 2019.
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MarketsandMarkets Presents Baking Ingredients Market Projected to Reach $13,165.6 Million by 2019
The report “Baking Ingredients Market by Type (Enzymes, Emulsifiers, Leavening agents, Fats & Shortenings, Mold Inhibitors, Colors & Flavors), Application (Bread, Biscuits & Cookies, Cakes & Pastries, Rolls & Pies) & Region - Global Trends & Forecast to 2019”, defines and segments the baking ingredients market on the basis of various types, applications, and regions, with analyses and projections of the market size of each of these segments in terms of value. It also identifies the driving and restraining factors for the baking ingredients market, with analyses of the trends, opportunities, winning imperative, and burning issues. • Browse • 72 market data tables • 56 figures • 155 pages and in-depth TOC on “Baking Ingredients Market” • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=172589056
Source: MarketsandMarkets Analysis Baking Ingredients Market, by Region, 2014 - 2019 ($Million) *Bubble size indicates the market size, 2019-p ($Million)P - Projected Source: MarketsandMarkets Analysis
The global baking ingredients market is set to be driven by the rise in demand for processed-baked products, high in nutritional content. The changing lifestyles of consumers have led to a shift in their consumption pattern from conventional home-cooked food to convenient, ready-to-eat baked snacks as the latter saves time. Affordability, convenience, and health benefits are the important factors that drive the baked foods market. Baking ingredients are used in various applications such as bread, cakes, biscuits, pastries, rolls & pies, and so on. The baking ingredients market is projected to reach a value of $13,165.6 million by 2019. In 2013, the market was dominated by Europe, followed by North America. The Asia-Pacific market is projected to grow at the highest CAGR, with rapid growth in the food industry. The baking ingredients market is diversified and competitive, with a large number of players. Some of the key players in the market include Associated British Foods plc (U.K.), Archer Daniels Midland Co. (U.S.), Cargill, Inc. (U.S.), Royal DSM (The Netherlands), Novozymes A/S (Denmark), and Kerry Group (Ireland).
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