Food & Beverage Market Research News

Baking mixes market forecast 2017 - 2022 insights shared in detailed report

Food & Beverage Market Research

According to the latest report by Fact.MR, the global market for baking mixes is likely to experience moderate CAGR. The market is estimated to reach US$ 5,893.3 million revenue towards 2022 end.

Providing convenience and saving time and cost, baking mixes are being used by consumers for preparing baked food items at home. Manufacturers of baking mixes are also focusing on formulating the baking mix using ingredients that are somewhat close to the finished bakery product.

Meanwhile, with customers becoming health-conscious, manufacturers have started using natural and gluten-free ingredients and sweeteners to cater to the needs of the customers. Hence, the trend of providing baking mixes that can be in a phase with consumer health interest is on a rise.