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 />
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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 />
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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 />
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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 />
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