Baking
ingredients or items that are used in order to make baked goods.
These ingredients are used not only for enhancing the look of the
item but also give flavour and texture to these items. In the last
few years the demand for a statically crafted baked items have
increased manifolds and this has booster the consumption of baking
ingredients. With baked items becoming an important part of the daily
diet of many people, the demand for baking ingredients is rising.
Evolving lifestyles, changing food habits, product innovation and
increasing disposable income have led to an increase in the
consumption of baked goods, convenience foods, and functional foods.
With increasing busy lifestyles of people, there is a rise in the
preference for eating Ready-to-Eat meals, convenient snacks such as
wraps and sandwiches and this the demand for baking ingredients
further. It is anticipated that the global baking ingredients market
will be worth US$18.1 bn by 2024.
Download
PDF Brochure @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1590
Growing
Demand for Pizzas, Pastries, and Buns Boosting Growth of Baking
Ingredients Market
One
of the key factors boosting the growth of the global baking
ingredients market is the rising spending capabilities of the youth
today. This is helping them to increasingly afford pizzas, pastries,
buns, pies, cupcakes, cakes and other big items. This will
subsequently drive the growth of the global baked ingredients market.
Today there is a high demand for nutritional and healthy ingredients
in baked Foods including use of whole grains, zero trans fat, low
sugar and low cholesterol. This demand for healthy ingredients comes
from the fact that obesity and diabetes have become increasingly
common among people across the globe today. Another important factor
which bodes well for the growth of the baking ingredients Market is
the shifting consumer preference from traditional home cooked meals
to ready to eat in convenience Foods. The growing trend of adopting
Western culture and lifestyle is also having a positive impact on the
baking ingredients market.
Increasing
Incidences of Diabetes and Obesity to Deter Consumption of Baked
Items, Affecting Market
The
rapid increase in the incidence of diabetes and obesity are making
consumers wary of eating outside food such as pizzas, cakes,
cupcakes, breads, pies, donuts, pastries, and cookies. Consumers are
becoming health conscious and turning to healthier products such as
old and other cereals. This is anticipated to pose a challenge to the
growth of the global
baking ingredients market. Rising health consciousness and
awareness about consuming a balanced nutritional diet are compelling
people to cook healthier meals at home. The market is also expected
to be challenged by strengthen regulations and implementations of
international quality standards.
Demand
for Flavour and Colour Additives to Witness Rapid Increase in Future
In
terms of type of baking ingredients, such as baking powder, East,
baking soda, flour, flavour and colour additives, fats, and
sweeteners, it is anticipated the flavour and colour additives what
are Witness a rapid increase in demand. The demand for exotic &
luxury baked products is anticipated to be behind the growth of the
flavour and colour additives segment. In terms of geography, it is
anticipated that Europe will lead in the global baking ingredients
Market. However it is asia-pacific that will expand at the fastest
pace on account of the rising adoption of Western lifestyle and
culture by youngsters.
No comments:
Post a Comment