Baking Ingredients Market Worth $27.2 Billion by 2030

January 17, 2023 Meticulous Research

According to a new market research report titled, ‘Baking Ingredients Market by Type (Emulsifiers, Enzymes, Baking Powders, Flavors, Colors, Starches, Sugars, Yeasts); Form (Dry, Liquid); Application (Bread, Cakes & Pastries,  Croissants, Sponge Cakes, Cookies, Doughnuts) – Global Forecasts to 2030’, published by Meticulous Research®, the baking ingredients market is projected to reach $27.2 billion by 2030, at a CAGR of 6.4% from 2023 to 2030.

Baking Ingredients See Growing Demand During COVID-19 Pandemic

May 11, 2020 ResearchAndMarkets.com

The COVID-19 pandemic has caused a surge in demand for baking ingredients as people use their time at home to develop a new hobby. Interest in bread making in particular has soared. Recently, there has been a spike in internet searches for bread recipes and guides to developing a sourdough starter.