Baking Ingredients Market is Anticipated to Reach $22.3

Chicago, Oct. 31, 2022 (GLOBE NEWSWIRE) — According to MarketsandMarkets™, the “Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors, Preservatives, Fibers), Application (Bread and Sweet Bakery), and Region- Global Forecast to 2026”, published by MarketsandMarkets, the bakery ingredients market will grow to USD 22,271.3 million by 2026, growing at a CAGR of 6.0% during the forecast period.

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The fast-paced lifestyle increased disposable income, and growing awareness about climate change and animal welfare has caused a shift in consumption patterns. Consumers now look for natural, sustainable, vegan convenience foods to meet their dietary requirements. Bakery foods being easily accessible, nutritious, and rich in texture and taste, have been the most popular and convenient food in recent years. The burgeoning café culture, home-grown bakeries, and supermarkets are all catering to the diversified needs of the consumers by employing a variety of bakery ingredients, augmenting the expansion of the bakery ingredients market. Besides, a surge in demand for healthy frozen desserts has resulted in applying natural and functional foods like enzymes and fibers in the bakery ingredients market.

Browse in-depth TOC on “Baking Ingredients Market”

225 – Tables
58 – Figures
269 – Pages

Fiber is the fastest-growing segment among the various type of baking ingredients during the forecast period

Fiber is used as a replacement for fat in baking to enhance baked products taste, texture, mouthfeel, and color. Adding functional food like fibers in cakes, muffins, cookies, and other baked goods will increase the fiber content of the foods, thereby improving the overall nutritional quality of the products. The application of fiber in baking is thus…