Baking Powder Market Driven by Increasing Consumption of Fast Foods at a CAGR of 5.3%
: Transparency Market Research
Baking Powder (Phosphate, Anhydrous Phosphate, Sodium Aluminum Sulfate Phosphate, Tartrate, Aluminum-free, Phosphate-free& Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
A recent study by Transparency Market Research (TMR) forecasts that the global baking powder market will grow at a CAGR of 5.3% between 2013 and 2019. TMR, a market intelligence company based in the United States says, the global baking powder market will value US$3.36 billion by 2019 from US$2.35 billion in 2012. The report titled ‘Baking Powder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019’ is available for sale on the website.
Browse the full Baking Powder Market report at http://www.transparencymarketresearch.com/baking-powder-market.html
According to this market research report, one of the main factors fuelling the global baking powder market is the expanding food and fast food market. Increasing consumption of baked products has a direct impact on the performance of the global baking powder market. Baking powder refers to a leavening agent that is used extensively in baked food items. Baking powder comprises acid, filler, and base. It mostly consists of neutral stabilizer such as potato or perhaps corn starch. The food industry uses baking powder as a raising component. The main purpose of using baking powder is to ensure the fluffiness and lightness of products such as waffles, cakes, tarts, pastries, etc.
The TMR report segments the global baking powder market on the basis of product and geography. What defines a certain variant of baking powder is the level of acid salt contained in it. The most widely used baking powders are made of weak acids such as monocalcium phosphate (MCP) and sodium aluminum sulfate (SAS). Double...