Bakery Ingredients Market to Reach $32.1 Billion, Globally, by 2035 at 6.3% CAGR: Allied Market Research [Yahoo! Finance]
Archer-Daniels-Midland Company (ADM)
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Source: Yahoo! Finance
preferences, and surge in urbanization and population growth. Moreover, the rapid technological advancement in the food industry has led to a change in dynamics and made it easier for both customers and organizers to organize the market smoothly. WILMINGTON, Del. June 13, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Bakery Ingredients Market by Type (Enzymes, Starch, Fiber, Colors, Flavors, Emulsifiers, Antimicrobials, Fats, Dry Baking Mix, and Others), Application (Bread, Cookies and Biscuits, Rolls and Pies, Cakes and Pastries, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2035" . According to the report, the bakery ingredients market was valued at $15.5 billion in 2023 and is estimated to reach $32.1 billion by 2035, growing at a CAGR of 6.3% from 2024 to 2035. Bakery ingredients encompass a diverse range of elements that contribute to the structure, flavor, and texture of baked goods. The basics typically include flour, which f
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