Baking ingredients have become common to pantry stocks in homes and for commercial use. A number of them find use in routine baking such as flour, chocolate, leaveners, and spices. An enormous drive for growth in baking ingredients market has come from growing population who are trying new recipes either as aficionados or as professional culinarians. Cakes and pastries have gathered an amazing steam among people in the developing and developed world.
A remarkable impetus to the use of baking ingredients has come from the adoption of breads and sweet bakery as a part of healthy diets. Social media has played a pivotal part in spurring the popularity of a range of bakery products that can be made at homes from commonly available ingredients. The trend is expanding the baking ingredients market avenue.
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Consumers Combing for New Ingredients for Interesting Recipes
The array of leavening agents in the baking ingredients market which can be used to impart exciting colors and flavors and preservatives has expanded considerably. A great deal of this trend has come from the sales of these in various e-commerce sales in addition to their presence in local marts. Consumers who are learning new recipes find this interesting. They are rambling new recipes that have been promoted by chefs. Such fads and trends are expanding the avenue in the baking ingredients market.
A new avenue in the baking ingredients market has come the popularity of plant-based baking ingredients. Vegan population have been keenly searching for new recipes where they can use plant-based alternatives. This is expected to open new avenues for food ingredient manufacturers. A number of joint ventures and partnerships between baking ingredients manufacturers have enriched the landscape of the baking ingredients market in recent years.
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Some of the key players in the market are British Bakels, Cargill, Archer Daniels Midland Company, Associated British Foods Plc, Koninklijke DSM N.V., Kerry Group Plc., and AAK AB. A number of prominent food processors in the market are domiciled in the U.K. and the U.S.