Eliana Grace 12 Bakery Ingredients Market and Forecast 2021-2026
The global bakery ingredients market size was valued at $13.9 billion in 2019 and is projected to reach $19.2 billion by 2027, growing at a CAGR of 5.7% from 2021 to 2027. Bakery ingredients are food products that help maintain freshness, softness, & taste; improve shelf-life, and increase the protein content in the baked items. These items are available in different varieties in the market and are considered as the basic food for human nutrition globally. The choice of the ingredients and the compositions determine the flavor & texture of the baked food product. The demand for products, such as bread and biscuits, is increasing at a significant rate and are anticipated to provide lucrative growth opportunities for the growth of the global ingredients market during the forecast period. In the mature markets of North America and Europe, the demand for bakery ingredients exhibiting health benefits and containing lesser or negligible artificial constituents is increasing massively.
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