The
primary objective of the baking powder market report is to facilitate
the consumers and entrepreneurs with the understanding and importance
of baking powder as a raw material and its use in various
applications. Due to a parallel growth in the food and hotels and
restaurant industry, the baking powder market has experienced steady
growth in the last few years. However, the study also reports that
baking powder is detrimental to health, which is the biggest
challenge for manufacturers at the moment.
The
report serves as guidance to the users in helping them gain the
purpose of the research scope and various research methodologies
applied while conducting an analysis on this market. The study
elaborates a full competitive advantage of the market through factors
such as opportunities, growth drivers, and restraints, and their
various impacts followed by three critical parameters such as high,
medium, and low for the forecast period of 2013-2019.
Browse
full Baking Powder Market report
at:http://www.transparencymarketresearch.com/baking-powder-market.html
Through
SWOT analysis and recent developments, the report takes into account
several factors that help to analyze the framework of the market, its
market attractiveness (by product type), and provide details about
the major players contributing to the growth of the global baking
powder market.
Overview
of the baking powder market
The
primary use of baking powder is mainly found in breads such as
waffles, muffins, and pancakes to help hold the raised batter until
its set while baking. Rapid emergence and high demands for fast food
items, quick instant mixes, and cakes and pastries have become
extremely popular among restaurants, households, bakeries, and
caterers. The trend for such food items is spreading rapidly due to
growing urbanization as well.
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Last
few years have witnessed a definite shift in perspective of people
willing to spend on luxurious items and rely on eating habits that
have more traditional taste than convenience food items. As the
consumption of baked products increases among people living in the
urbanized areas, the baking powder becomes an essential ingredient
showing high growth across the globe.
Findings
in the report state that the global baking powder market was valued
at US$2.35 billion in 2012 and is further expected to rise at a 5.3%
CAGR for the forecast period 2013 and 2019. The product type
segmentation also highlights anhydrous phosphate, phosphate, sodium
aluminum sulfate phosphate, aluminum-free, tartrate, phosphate-free,
and others as some of the major types of baking powder. Tartrate
baking powder held around 30.4% of all revenues, while
phosphate-based baking powder followed at distant second with 25.4%.
Asia-Pacific
region, especially China, India, and Japan regions are likely to
outpace other regions with a CAGR of 5.6% over the forecast period.
However, Europe that once held 28.5% demand for baking powder is
likely to expand in the foreseeable future too.
Companies
mentioned in the research report
The
report profiles Clabber Girl Corporation, Weikfield Products Private
Limited, ACH Food Companies Inc., and Caravan Ingredients Inc., as
some of the major players operating in the global baking powder
market.
Major
geographies analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Rest of the World
This
report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key
highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/baking-powder-market.htm
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