Baking Ingredient Market Grows as Bakery Chains Embrace Plant-Based and Dairy-Free Products
The global baking ingredients market is set to experience substantial growth in the coming decade, expanding from an estimated $22.1 billion in 2024 to a colossal $41.48 billion by 2034. This impressive growth trajectory is fueled by a compound annual growth rate (CAGR) of 6.5%, signaling robust demand for baked goods across diverse consumer segments. The expansion of the market is...
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