Baking Ingredients Market to witness growth by 2028 | Drivers and Opportunities| Key player Analysis Cargill Incorporated, General Mills Inc., DuPont

Global Baking Ingredients Market is accounted for $15.65 billion in 2020 and is expected to reach $28.96 billion by 2028 growing at a CAGR of 8.0% during the forecast period. The rise in the consumption of bakery products and confectionery, growth in demand for low trans-fat & gluten-free products and fast-paced lifestyles of consumers are driving the market growth.

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By geography, Europe is going to have high growth during the forecast period owing to the changing lifestyles creating a need for alternatives for conventional home food and the ongoing revolution in the food processing industry leading to the development of new packaged food which caters to the growing demand for convenient food from consumers.

Some of the key players profiled in the Baking Ingredients Market include Dawn Foods, The Archer Daniels Midland Company, Tate & Lyle, Puratos NV, Ornima Bakery, Lallemand, Koninklijke DSM NV, Associated British Foods PLC, International Flavors & Fragrances, Inc., General Mills Inc., DuPont, Corbion, British Bakels Ltd, AAK, Kerry Group plc and Cargill Incorporated.

Forms Covered in Baking Ingredients Market
• Dry
• Liquid

Types Covered:
• Fats and Oils/Shortenings
• Enzymes
• Baking Cocoa and Chocolate Chips
• Antimicrobials
• Emulsifiers
• Leavening Agents
• Sweeteners
• Preservatives
• Flours and Starches
• Compound Chocolate
• Dough Products
• Fiber
• Desiccated Coconut
• Dairy Ingredients
• Colors & Flavors
• Other Types   

Sales Channels Covered:
• Offline
• Online 

Applications Covered:
• Breads
• Sweet Bakery
• Savory Baked Products
• Buns
• Other Applications

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