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Baking Powder Market

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<strong>Baking</strong> <strong>Powder</strong> <strong>Market</strong> is to reach USD 3.66 billion by 2021 – <strong>Market</strong> data forecast<br />

<strong>Baking</strong> <strong>Powder</strong> <strong>Market</strong> by Type, Application , End User and by Region - Global Industry Analysis, Size,<br />

Share, Growth, Trends, and Forecasts (2016–2021)<br />

<strong>Baking</strong> <strong>Powder</strong> <strong>Market</strong> was worth USD 2.82 billion in 2016 and estimated to be growing at a CAGR of<br />

5.3%, to reach USD 3.66 billion by 2021. <strong>Baking</strong> powder is a dry chemical agent consisting of carbonate,<br />

inert fillers and weak acid. It is generally used for increasing the volume of baked goods. Certifications<br />

under PFO Act and BIS Act are necessary as quality control to ensure that the baking powder is fulfilling<br />

the specified conditions. The usage of baking powder can be seen in restaurants, households and<br />

bakeries.<br />

View full report @ https://www.marketdataforecast.com/market-reports/baking-powder-market-4281/<br />

The growing demand for fast food products, bakery items such as pastries and cakes, and quick instant<br />

mixes is the major reason for the growth of this market. These items have gain popularity across<br />

caterers, bakeries, households, and restaurants. This trend is spreading significantly across the globe<br />

owing to the burgeoning urbanization. <strong>Baking</strong> powder is becoming a crucial ingredient across several<br />

segments, thus exhibiting strong growth. The flourishing food markets worldwide are likely to bode well<br />

for the growth of the baking products market. However, manufacturers are likely to face challenges<br />

from the repercussions that baking powder has on health from its prolonged consumption.<br />

<strong>Baking</strong> <strong>Powder</strong> <strong>Market</strong> is broadly categorized into product. By product the market is classified into<br />

Phosphate, anhydrous phosphate, sodium aluminium sulphate phosphate, tartrate, aluminium free,<br />

phosphate free and others. The market was dominated by tartar based baking powder. This growth can<br />

be attributed to the growing demand for tartaric acid based baking powder owing to the rising<br />

awareness among people regarding the health benefits associated with the consumption of bakery<br />

products made using it. On the basis of geography, the market is analysed under various regions namely<br />

North America, Europe, Asia-Pacific and Rest of the World. The <strong>Baking</strong> <strong>Powder</strong> market was dominated<br />

by Asia Pacific followed by Europe.<br />

View sample report @ https://www.marketdataforecast.com/market-reports/baking-powder-market-<br />

4281/request-sample<br />

Some of the major companies dominating the market, by their products and services include Weikfield<br />

Products Private Limited, ACH Food Companies Inc., Caravan Ingredients Inc., Clabber Girl Corporation,<br />

Davis, and Rumford.<br />

<strong>Market</strong> Segmentation<br />

1)Product type<br />

Introduction<br />

Phosphate<br />

Anhydrous phosphate


Sodium aluminum sulfate phosphate<br />

Tartrate<br />

Aluminum-free<br />

Phosphate-free<br />

Others<br />

Y-o-Y Growth Analysis, By Product type<br />

<strong>Market</strong> Attractiveness Analysis, By Product type<br />

<strong>Market</strong> Share Analysis, By Product type<br />

Inquire before buying @ https://www.marketdataforecast.com/market-reports/baking-powdermarket-4281/inquire<br />

Scope of the report:<br />

Global, regional and country-level analysis and forecasts of the study market; providing Insights on the<br />

major countries/regions in which this industry is blooming and to also identify the regions that are still<br />

untapped<br />

Segment-level analysis in terms by type, packaging and meat type along with market size forecasts and<br />

estimations to detect key areas of industry growth in detail<br />

Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their<br />

impact on shifting market dynamics<br />

Study of the effect of exogenous and endogenous factors that affect the global market; which includes<br />

broadly demographic, economic and political, among other macro-environmental factors presented in<br />

an extensive PESTLE Analysis<br />

On the basis of geography, the Asia Pacific market is analysed under various regions namely China, India,<br />

Japan and South Korea. With growing disposable incomes and increased awareness the market will grow<br />

significantly in future years.<br />

About <strong>Market</strong> Data Forecast:<br />

The publisher of this report is <strong>Market</strong> Data Forecast whose forte lies in <strong>Market</strong> research and Business<br />

Intelligence. Handling both individual and corporate clients across multiple business domains they offer<br />

syndicated/customized research to suit the client’s research objective. Their research reports section<br />

offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to<br />

product specific niche markets covering North America among other regions of the global market as<br />

well. For more info kindly visit, www.marketdataforecast.com<br />

Contact:<br />

Abhishek Shukla<br />

Sales Manager (International Business Development)<br />

<strong>Market</strong> Data Forecast<br />

Direct Line: +1-888-702-9626<br />

Mobile: +91 998 555 0206


Mail: abhishek@marketdataforecast.com<br />

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