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Vegan Baking Ingredients Market To Witness Astonishing Growth, Observe latest Development And Precise Outlook 2031| Associated British Foods plc, BASF SE, DuPont de Nemours, Inc., Ingredion EMEA, Döhler
Vegan Baking Ingredients Global Market Report 2022
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The global vegan baking ingredients market report by the business research company identifies growing health awareness and changing food preference to be a major growth driver for the vegan baking ingredients market. Health awareness is the knowledge and awareness of health, healthcare, medical needs, diseases, and preventive actions in general. Health awareness made people shift towards a vegan diet, as they are plant-based food and healthier forms of food one can consume.
The global vegan baking ingredients market size is expected to grow from $1.54 billion in 2021 to $1.66 billion in 2022 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The vegan baking ingredients market is expected to grow to $2.21 billion in 2026 at a compound annual growth rate (CAGR) of 7.5%.
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Europe was the largest region in the vegan baking ingredients market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in vegan baking ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the vegan baking ingredients market are Associated British Foods plc, BASF SE, DuPont de Nemours, Inc., Ingredion EMEA, Döhler, Lallemand Baking, Bakels Group, Cargill Incorporated, Turtle Island Foods, Veganz Group AG, B&G Foods, CSM Ingredients, Koninklijke DSM N.V., Kerry Group plc, and Lesaffre.
The global vegan baking ingredients market is segmented -
1) By Product Type: Starch, Raising Agent, Emulsifier, Baking Powder and Mixes, Vegetable Oil, Colors and Flavors, Enzymes
2) By Nature: Conventional Vegan Baking Ingredients, Organic Vegan Baking Ingredients
3) By Application: Cakes and Pastries, Biscuits and Cookies, Bread and Buns.
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The Vegan Baking Ingredients Market Report Contents Include
1. Executive Summary
2. Vegan Baking Ingredients Market Characteristics
3. Vegan Baking Ingredients Market Trends And Strategies
4. Vegan Baking Ingredients Market - Macro Economic Scenario
5. Vegan Baking Ingredients Market Size And Growth
....
26. Africa Vegan Baking Ingredients Market
27. Vegan Baking Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vegan Baking Ingredients Market
29. Vegan Baking Ingredients Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Vegan Baking Ingredients market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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1 Food Baking Equipment Overview
1.1 Product…
