FMI Insights: Global Bakery Ingredients Market Poised for Significant Growth
The global bakery ingredient market is driven by rising consumer demand for convenient and high-quality baked goods. The baking powder and mixes segment accounts for 17% of the global market share. Increasing demand for volume and elevated texture in bakery items is creating demand for baking mixes and concentrates in the bakery industry. Shifting trends toward convenience is promoting sales of ready-to-use dry baking mixtures to bake pizza dough, bread, cakes, and waffles. …
