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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