Global Baking Powder Market to Reach US$3.3 bn by 2019, Rising Demand for Fast Food to Act as Growth Driver

Global Baking Powder Market to Reach US$3.3 bn by 2019, Rising Demand for Fast Food to Act as Growth Driver

  • Submitted By: amyjames
  • Date Submitted: 02/17/2016 10:06 PM
  • Category: Business
  • Words: 1434
  • Page: 6

Transparency Market
Research

Baking Powder Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 – 2019

Published Date
09-04-2014

71 Page Report

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Press Release
Global Baking Powder Market to Reach US$3.3 bn by 2019, Rising
Demand for Fast Food to Act as Growth Driver

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Baking Powder Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has recently published a research study on the global baking powder
market and estimated it to rise at a CAGR of 5.30% during the period from 2013 to 2019. The market is
expected to increase from a value of US$2.3 bn in 2012 to a value of US$3.3 bn by the end of the forecast
period.The research report, titled “Baking Powder Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 - 2019,” states that the rising demand for fast food across the world is the key
factor behind the impressive growth of the worldwide baking powder market.
On the flip side, the easy availability of alternatives, such as baking soda, is hampering this market
significantly. The increasing incidence of adverse effects of baking powder reported by consumers is also
expected to hinder the market’s growth in the coming years, notes the study.The report has analyzed the
global market for baking powder on the basis of the products available in the market. Phosphate-based
baking powder, sodium aluminum sulfate phosphate-based baking powder, anhydrous phosphate-based
baking powder, tartrate-based baking powder, phosphate-free baking powder, and aluminum-free baking
powder are the major products in this market.
The tartar-based baking powder segment accounted for a share of 30.4% in the overall market, occupying
the leading position in 2012. Experts anticipate...

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