Global Market Insights: Top Players and Products Driving the Baking Ingredients Industry
The global baking ingredients market is on a robust growth trajectory, driven by the increasing popularity of baked goods and innovations in ingredient formulations. Valued at approximately USD 17 billion in 2022, the market is projected to reach around USD 25 billion by 2028, expanding at a compound annual growth rate (CAGR) of about 6% during the forecast period from 2022 to 2028. This growth...
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