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Baking Powder Market Set for Rapid Growth, Demand and Trend Forecast 2025 | Weikfield, ACH Food Companies, Clabber Girl Corporation, Blue Bird, Calumet Baking Powder Company
Baking Powder Market
On the basis of product types, this market can be classified into phosphate, anhydrous phosphate, sodium aluminum sulfate phosphate, tartrate, aluminum-free, phosphate-free and others. The commonly used baking powder includes phosphate, tartrate and anhydrous phosphate.
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On the basis of geography, this market can be classified into North America, Europe, Asia-Pacific and rest of the world (RoW). The rising urbanization and increasing influence of western lifestyle would increase the market for baking powder in Asia-Pacific countries, especially in India and China.
The major players in this market are Weikfield Products Private Limited, ACH Food Companies, Inc., Clabber Girl Corporation, Blue Bird and Calumet Baking Powder Company. The companies are focusing on product differentiation so as to increase their market share.
The report analyzes the global baking powder market by using Porter’s five forces model. This model helps in understanding the various components of industry such as buyers, suppliers, new entrants and substitutes available. The bargaining power of buyers is high due to the presence of numerous suppliers in this market. There exists intense competition in this market due to increasing application of baking powder in ready to eat and bakery products. The threat of substitute is also very high in this market. The market dynamics are explained to give a better understanding of the market scenario.
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Key Benefits
• In this report, estimations are made by considering current trends and future market potential for the period 2014-2020
• The report explains the factors which would drive the market in coming years and also those factors which may limit the growth of this market
• The study highlights opportunities in developing countries for this market
• The industrial scenario is explained using Porter’s five forces model which would help in formulating new strategies
• Analysis of key market players and strategies adopted by them are dealt to give an insight on top contenders in the market
• Intelligence from key market segments through top investment pockets would help in providing strategic assistance to decision markers
Key Market Segments
The global baking powder market is segmented into product types and geography.
By Product Type
• Phosphate
• Anhydrous phosphate
• Sodium aluminum sulfate phosphate
• Tartrate
• Aluminum-free
• Phosphate-free
• Others.
By Geography
• North America
• Europe
• Asia-Pacific
• RoW
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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1 Food Baking Equipment Overview
1.1 Product…
