Infinium Global Research Baking Ingredients Market | Page 2

Global Baking Ingredients Market: Trends and Forecast -2023
INTRODUCTION
REPORT DESCRIPTION
The report identified that the global Baking ingredients market is driven by factors
such growing demand from packaged food industry due to busy lifestyle of
consume, changing eating patterns of the consumer worldwide, speedy
urbanization and new product innovation. However, the restraining factors
identified in the study include issues pertaining to the contamination of raw
material and strict rules and regulation pertaining to food safety and consumer
health.
Furthermore, growing demand for organic bakery products and increased R&D
activities owing to new product innovation will bring growth opportunities for
leading player. The major challenge for bakery ingredients industry is to comply
with stringent rules and regulations pertaining to food safety.The global market are
expected to grow at a CAGR of 5.5% over the forecast period of 2017 – 2023.
This report estimates the market size of Baking Ingredients in terms of value (USD
Billion) and volume (MMT) over the period of 2015 to 2023. The year 2015 and
2016are considered being base years, and 2017 to 2023 is considered to be a
forecast period. The market sizes for Baking Ingredients by Ingredient Type, By End-
use bakery applications and by regions are estimated in terms of value and volume.
This market research study provides detailed qualitative and quantitative analyses
of the global Baking Ingredients market. Additionally, the report provides a
comprehensive review of the major market drivers, restraints, opportunities in the
global as well as regional markets of Baking Ingredients. The market analysis covers
major geographic regions, such as North America, Europe, Asia-Pacific, and, Rest of
the World (RoW). The market size and forecasts are also given for these regions.
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