Global Baking Powder Market is Expected to Reach USD 3.36 Billion by 2019: Transparency Market Research

Transparency Market Research published a new report "Baking Powder Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019" to its store. Browse the full report: http://www.transparencymarketresearch.com/baking-powder-market.html.

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Transparency Market Research

Transparency Market Research

Baking Powder Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

Albany, NY (PRWEB) May 19, 2014

Transparency Market Research launched a new market report titled "Baking Powder Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019". The global baking powder market witnessed growth in recent years due to growing fast food industry. Substitution by baking soda and adverse effects of baking powder are the major growth barriers to the market growth. However, new product launches are stimulating market growth.

Browse Global Baking Powder Market Report with Full TOC: http://www.transparencymarketresearch.com/baking-powder-market.html

Nowadays, due to increasing health concerns, people avoid usage of aluminum based baking powder since aluminum intake has been implicated in several health issues such as Alzheimer's. Thus, the aluminum free baking powder market is expected to grow at a CAGR of 6.1% in terms of revenue from 2013 to 2019.

Asia Pacific dominated the global baking powder market and accounted for over 36.3% of the global demand in 2012 in terms of revenue, followed by Europe, which accounted for 28.5% share for the same year in terms of revenue. Moreover, in the future, Asia Pacific will remain the most promising market with an estimated CAGR of 5.6% in terms of revenue from 2013 to 2019. Economies such as China, India and Japan are expected to be the chief contributors to this growth. Nuclear families and an increase in the number of working women are some of the cultural traits that have influenced people's lifestyle and thus there is a shift towards ready to eat foods in these regions.

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There are many brands available in the market, such as Clabber girl and Rumford, Davis and Calumet; however, none have significant market share. Some of the major players of the market are ACH Food Companies Inc., Clabber Girl Corporation, Caravan Ingredients, Inc. and Weikfield Products Private Limited.

Baking Powder Market: Product Analysis

  • Phosphate
  • Anhydrous Phosphate
  • Sodium Aluminum Sulfate Phosphate
  • Tartrate
  • Aluminum-free
  • Phosphate-free
  • Others

Baking Powder Market: Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • RoW

Browse Global Baking Powder Market Report with Full TOC: http://www.transparencymarketresearch.com/baking-powder-market.html