Baking Powder Market Forecasts to 2028 – Global Analysis By Product (Aluminum-Based, Aluminum-Free, Tartrate), Application (Bread, Cakes, Cookies, Pancakes, Waffles), End User (Bakery, Restaurants), and By Geography
According to Stratistics MRC, the Global Baking Powder Market is accounted for $4.00 billion in 2020 and is expected to reach $6.87 billion by 2028 growing at a CAGR of 7.0% during the forecast period. The rise in demand for baked goods and the rise in popularity in bakeries, homes & restaurants are the factors driving the market growth. However, the availability of substitutes such as baking soda is hampering the market growth.
Baking powder refers to a dry chemical preservative that comprises carbonate. It is used as a leavening agent in making baked goods that typically consists of an acidic substance, sodium bicarbonate, and starch.
Based on end user, the bakery segment is going to have lucrative growth during the forecast period due to the high demand for bakery products. It is a rich source of carbohydrates, protein, and, vitamins which are considered essential components of baked food. Also, baking powder usage in waffles, biscuits, and donuts will increase because of changing consumer preferences.
By geography, Asia Pacific is going to have lucrative growth during the forecast period due to the varying food habits of consumers, and consumers in the region are demonstrating a greater desire to spend on bread, cookies, and pastries.
Some of the key players profiled in the Baking Powder Market include ACH Food Companies, Associated British Foods Plc, Blue Bird Foods India Pvt. Ltd. , Calumet Baking Powder Company, Carvan Ingredients, Clabber Girl Corp. , Corbion NV, Davis, Keliff's, Kudos Blends Ltd., Rumford , The Kraft Heinz Co., The Oetker Group, Ward McKenzie Pty Ltd (McKenzies), and WeiKFiELD Foods Pvt Ltd.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 4.00 billion |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
7.0% |
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Predicted 2028 Value: |
USD 6.87 billion |
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Forecast Years: |
2021-2028 |
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Tables, Graphs& Figures |
228 |
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Chapters Covered: |
Type, Nature, Product, Application, End User, Distribution Channel and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Types Covered:
• Emulsifier
• Enzymes
• Leavening Agents
• Mixes
• Starch
Natures Covered:
• Organic
• Conventional
Products Covered:
• Aluminum-Based
• Aluminum-Free
• Anhydrous Phosphate
• Brown Sauce
• Phosphate-Based
• Phosphate-Free
• Single And Double Acting Baking Powder
• Sodium Aluminum Sulfate Phosphate
• Tartar-Based Baking Powder
• Tartrate
Applications Covered:
• Bread
• Cakes & Pastries
• Cookies & Biscuits
• Muffins
• Pancakes
• Rolls & Pies
• Waffles
End Users Covered:
• Bakery
• Cafes
• Home/Residential
• Restaurants
Distribution Channels Covered:
• Offline (Hypermarkets)
• Online
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Baking Powder Market is majorly driven by increase in demand for baked goods, the rise in popularity in bakeries, homes & restaurants, and changing consumer preferences.
The bakery segment is growing at a highest CAGR due to the high demand for bakery products and changing consumer preferences.
Asia Pacific dominated with a significant market share due to the to the changing food habits of consumers in the region and expansion of food service industry in the region.
North America market is growing at a highest CAGR due to the high demand for packaged and processed food in the region.
Key players in Baking Powder Market include ACH Food Companies, Associated British Foods Plc, Blue Bird Foods India Pvt. Ltd., Calumet Baking Powder Company, Carvan Ingredients, Clabber Girl Corp., Corbion NV, Davis, Keliff's, Kudos Blends Ltd., Rumford, The Kraft Heinz Co., The Oetker Group, Ward McKenzie Pty Ltd (McKenzies), and WeiKFiELD Foods Pvt Ltd.
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Baking Powder Market, By Type
5.1 Introduction
5.2 Emulsifier
5.3 Enzymes
5.4 Leavening Agents
5.5 Mixes
5.6 Starch
6 Global Baking Powder Market, By Nature
6.1 Introduction
6.2 Organic
6.3 Conventional
7 Global Baking Powder Market, By Product
7.1 Introduction
7.2 Aluminum-Based
7.3 Aluminum-Free
7.4 Anhydrous Phosphate
7.5 Brown Sauce
7.6 Phosphate-Based
7.7 Phosphate-Free
7.8 Single And Double Acting Baking Powder
7.9 Sodium Aluminum Sulfate Phosphate
7.10 Tartar-Based Baking Powder
7.11 Tartrate
8 Global Baking Powder Market, By Application
8.1 Introduction
8.2 Bread
8.3 Cakes & Pastries
8.4 Cookies & Biscuits
8.5 Muffins
8.6 Pancakes
8.7 Rolls & Pies
8.8 Waffles
9 Global Baking Powder Market, By End User
9.1 Introduction
9.2 Bakery
9.3 Cafes
9.4 Home/Residential
9.5 Restaurants
10 Global Baking Powder Market, By Distribution Channel
10.1 Introduction
10.2 Offline (Hypermarkets)
10.3 Online
11 Global Baking Powder Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 ACH Food Companies
13.2 Associated British Foods Plc
13.3 Blue Bird Foods India Pvt. Ltd.
13.4 Calumet Baking Powder Company
13.5 Carvan Ingredients
13.6 Clabber Girl Corp.
13.7 Corbion NV
13.8 Davis
13.9 Keliff's
13.10 Kudos Blends Ltd.
13.11 Rumford
13.12 The Kraft Heinz Co.
13.13 The Oetker Group
13.14 Ward McKenzie Pty Ltd (McKenzies)
13.15 WeiKFiELD Foods Pvt Ltd
List of Data Tables
1 Global Baking Powder Market Outlook, By Region (2019-2028) ($MN)
2 Global Baking Powder Market Outlook, By Type (2019-2028) ($MN)
3 Global Baking Powder Market Outlook, By Emulsifier (2019-2028) ($MN)
4 Global Baking Powder Market Outlook, By Enzymes (2019-2028) ($MN)
5 Global Baking Powder Market Outlook, By Leavening Agents (2019-2028) ($MN)
6 Global Baking Powder Market Outlook, By Mixes (2019-2028) ($MN)
7 Global Baking Powder Market Outlook, By Starch (2019-2028) ($MN)
8 Global Baking Powder Market Outlook, By Nature (2019-2028) ($MN)
9 Global Baking Powder Market Outlook, By Organic (2019-2028) ($MN)
10 Global Baking Powder Market Outlook, By Conventional (2019-2028) ($MN)
11 Global Baking Powder Market Outlook, By Product (2019-2028) ($MN)
12 Global Baking Powder Market Outlook, By Aluminum-Based (2019-2028) ($MN)
13 Global Baking Powder Market Outlook, By Aluminum-Free (2019-2028) ($MN)
14 Global Baking Powder Market Outlook, By Anhydrous Phosphate (2019-2028) ($MN)
15 Global Baking Powder Market Outlook, By Brown Sauce (2019-2028) ($MN)
16 Global Baking Powder Market Outlook, By Phosphate-Based (2019-2028) ($MN)
17 Global Baking Powder Market Outlook, By Phosphate-Free (2019-2028) ($MN)
18 Global Baking Powder Market Outlook, By Single And Double Acting Baking Powder (2019-2028) ($MN)
19 Global Baking Powder Market Outlook, By Sodium Aluminum Sulfate Phosphate (2019-2028) ($MN)
20 Global Baking Powder Market Outlook, By Tartar-Based Baking Powder (2019-2028) ($MN)
21 Global Baking Powder Market Outlook, By Tartrate (2019-2028) ($MN)
22 Global Baking Powder Market Outlook, By Application (2019-2028) ($MN)
23 Global Baking Powder Market Outlook, By Bread (2019-2028) ($MN)
24 Global Baking Powder Market Outlook, By Cakes & Pastries (2019-2028) ($MN)
25 Global Baking Powder Market Outlook, By Cookies & Biscuits (2019-2028) ($MN)
26 Global Baking Powder Market Outlook, By Muffins (2019-2028) ($MN)
27 Global Baking Powder Market Outlook, By Pancakes (2019-2028) ($MN)
28 Global Baking Powder Market Outlook, By Rolls & Pies (2019-2028) ($MN)
29 Global Baking Powder Market Outlook, By Waffles (2019-2028) ($MN)
30 Global Baking Powder Market Outlook, By End User (2019-2028) ($MN)
31 Global Baking Powder Market Outlook, By Bakery (2019-2028) ($MN)
32 Global Baking Powder Market Outlook, By Cafes (2019-2028) ($MN)
33 Global Baking Powder Market Outlook, By Home/Residential (2019-2028) ($MN)
34 Global Baking Powder Market Outlook, By Restaurants (2019-2028) ($MN)
35 Global Baking Powder Market Outlook, By Distribution Channel (2019-2028) ($MN)
36 Global Baking Powder Market Outlook, By Offline (Hypermarkets) (2019-2028) ($MN)
37 Global Baking Powder Market Outlook, By Online (2019-2028) ($MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.
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