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The baking ingredients market size is forecast to increase by USD 6.55 billion at a CAGR of 6.5% between 2023 and 2028. The market in the food and beverage industry experiences significant growth due to the increasing demand for bakery items such as bread, cakes, rolls, tarts, and pies. Consumers' preferences are shifting towards organic and gluten-free options, driving market expansion. Furthermore, health concerns related to diabetes and obesity fuel the demand for healthier baking ingredients. Online retail stores also contribute to market growth by providing convenience and accessibility to consumers. This trend is expected to continue as the market adapts to changing consumer preferences and prioritizes health and wellness.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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