Infinium Global Research Baking Ingredients Market | Page 10

Global Baking Ingredients Market: Trends and Forecast -2023
expected to be the fastest growing region over the forecast period owing to
emerging economies such as China and India. Brazil has experienced impressive
growth in bakery ingredients market over the last few years.
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Some of the key players in the global Baking Ingredientsmarket are Royal DSM,
Kerry Group Plc, Cargill Inc., Associated British Food, Flower Foods, Groupo Bimbo,
Danisco (DuPont), Taura Natural Ingredients Limited, ADM, Dawn Food Products
Inc., Muntons PLC among others .
GLOBAL BAKING INGREDIENTSMARKET PROJECTION, 2016 – 2023 (USD
BILLION)
GLOBAL BAKING INGREDIENTSMARKET, 2017 – 2023 (USD BILLION)
2016
2017
2018
2019
2020
2021
2022
2023
Value
Baking Ingredients market is expected to experience steady growth globally.
The global market for Baking Ingredients is expected to grow at a CAGR 5.5%
over the period of 2017 to 2023, significant growth in demand for food grains
and growing investments by large players in the world market are expected
to impact the growth rate over the forecast period.
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