Baking Ingredients Market Analysis by Type, Application, Form and Region

The global #baking ingredients market is projected to reach $22.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026.

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The growth of the baking ingredients market is driven by the rising demand for healthier food and changing food consumption patterns of consumers. The key drivers for the market’s growth are the changing consumer lifestyles, preference for convenience foods, and increasing demand for natural and healthy ingredients.

Key players are Cargill (U.S.), Archer Daniels Midland Company (U.S.), Associated British Foods plc (U.K.), Koninklijke DSM N.V. (The Netherlands), Kerry Group plc (Ireland), and AAK AB (Sweden).