Baking Ingredients Market Size, Share, Global Trends and Forecast
Global Baking Ingredients Market The Baking Ingredients Market size is projected to touch USD 23,727 Million by 2027, growing at a CAGR of 6.4% over the forecast period, owing to the increasing inclination towards western food habits and accelerating urban population. Factors including changing customer preferences, growing demand for organic products, and application of baking ingredients across different food items will drive the market growth. Growing health concerns, increasing disposable income, and rising demand for ready-made food alternatives are some major factors supplementing the growth of the global baking ingredients market. In addition, increasing trend of on-the -go products aided by hectic lifestyle and increasing demand for gluten-free, lower trans-fat, and products with less sugar content will strengthen the market growth over the upcoming years. The changing preference of consumers towards the natural food items because of their enlarged shelf life has bolste...