Baking Powder Market Analysis, Segments, Growth and Value Chain 2020-2030
The global baking powder market is forecast to rise at above 5% CAGR between 2020 and 2030. According to Transparency Market Research (TMR), the market’s valuation is expected to surpass US$ 4 Bn by the end of 2020. The report offers a holistic market overview, giving insights into prevailing trends and uncovering hidden opportunities.
According to the report, changing food habits of consumers and desire to spend on convenience food are chief drivers of the baking powder market. As a result of the increasing demand for convenience and processed food, bakeries around the world are reporting surging sales.
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