According to Stratistics MRC, the Global Baking Powder Market is accounted for $4.00 billion in 2020 and is expected to reach $6.87 billion by 2028 growing at a CAGR of 7.0% during the forecast period. The rise in demand for baked goods and the rise in popularity in bakeries, homes & restaurants are the factors driving the market growth. However, the availability of substitutes such as baking soda is hampering the market growth.
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By geography, Asia Pacific is going to have lucrative growth during the forecast period due to the varying food habits of consumers, and consumers in the region are demonstrating a greater desire to spend on bread, cookies, and pastries.
Some of the key players profiled in the Baking Powder Market include ACH Food Companies, Associated British Foods Plc, Blue Bird Foods India Pvt. Ltd. , Calumet Baking Powder Company, Carvan Ingredients, Clabber Girl Corp. , Corbion NV, Davis, Keliff’s, Kudos Blends Ltd., Rumford , The Kraft Heinz Co., The Oetker Group, Ward McKenzie Pty Ltd (McKenzies), and WeiKFiELD Foods Pvt Ltd.
Types Covered:
• Emulsifier
• Enzymes
• Leavening Agents
• Mixes
• Starch
Natures Covered:
• Organic
• Conventional
Products Covered:
• Aluminum-Based
• Aluminum-Free
• Anhydrous Phosphate
• Brown Sauce
• Phosphate-Based
• Phosphate-Free
• Single And Double Acting Baking Powder
• Sodium Aluminum Sulfate Phosphate
• Tartar-Based Baking Powder
• Tartrate
Applications Covered:
• Bread
• Cakes & Pastries
• Cookies & Biscuits
• Muffins
• Pancakes
• Rolls & Pies
• Waffles
End Users Covered:
• Bakery
• Cafes
• Home/Residential
• Restaurants
Distribution Channels Covered:
• Offline (Hypermarkets)
• Online
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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