Global Baking Powder Market to Rise at 5.3% CAGR from 2013 to 2019, Changing Food Habits in Asia Pacific Propel Growth

Global Baking Powder Market to Rise at 5.3% CAGR from 2013 to 2019, Changing Food Habits in Asia Pacific Propel Growth

  • Submitted By: amyjames
  • Date Submitted: 06/08/2016 3:18 AM
  • Category: Business
  • Words: 1477
  • 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 Rise at 5.3% CAGR from 2013 to 2019,
Changing Food Habits in Asia Pacific Propel Growth

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Baking Powder Market

REPORT DESCRIPTION

Transparency Market Research has published a new market study on the global baking powder market for
the 2013-2019 period. The report says that the global baking powder market will rise at a CAGR of 5.3%
from 2013 to 2019. As a result, the market’s valuation is expected to increase from US$2.3 bn in 2012 to
US$3.4 bn by 2019. The report, titled “Baking Powder Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019,” is available for sale on the company’s website.
Baking powder is a dry chemical leavening used in a large number of baked goods. It is a mixture of baking
soda, a dry acid, and sometimes cornstarch, and is used to increase the volume and lighten the texture of
baked goods.
One of the major factors propelling the growth of the global baking powder market is the burgeoning food
and fast food markets. The increasing consumption of baked foods directly affects the performance of the
global baking powder market. The food industry utilizes baking powder as a raising agent to impart
fluffiness and lightness to products such as cakes, waffles, tarts, pastries, etc. However, the rising
awareness about the health implications of baking powder, if consumed for prolonged periods of time, is
the biggest challenge for manufacturers presently.
The report studies the global baking powder market in terms of product and geography. By product, the...

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