(EMAILWIRE.COM, August 14, 2018 ) Baking powder is a dry chemical left over-utilized in a massive variety of baked items. It is an aggregate of baking soda, a dry acid, and occasionally cornstarch, and is used to grow the extent and lighten the texture of baked goods. Baking powder is mainly used for making special varieties of slices of bread and bakery products including pancakes, cakes, waffles, and muffins. Baking powder facilitates in retaining the raised batter till it is set for the duration of the baking procedure

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The global Baking Powder Market was worth USD 3.13 billion in 2018 and estimated to be growing at a CAGR of 5.3%, to reach USD 4.05 billion by 2023.

The income of baking powder has witnessed a giant surge over the past couple of years thanks to the growing demand for fast meals products, bakery objects such as pastries and desserts, and short instant mixes. These items have gained the reputation throughout caterers, bakeries, families, and restaurants.

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Baking powder is used instead of yeast for products wherein fermentation flavors might be undesirable or where the batter lacks the elastic shape to hold bubbles for more than a few minutes. The global marketplace for baking powder became dominated by using tartar based whole baking powder with a share of 34.4% in 2016. Phosphate-based baking powder intently trailed tartar based baking powder with a share of 28.5% in 2016.

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On the basis of geography, the Global Baking Powder Market is studied in the regions of the Middle East and Africa, Europe, Latin America, Asia-Pacific, and North America. In 2016, Asia Pacific dominated the worldwide baking powder marketplace due to the upsurge in the populace of urban regions and the converting food behavior in the area. Europe and the Asia Pacific together held a percentage of 71.8% in the worldwide marketplace for baking powder in 2016.

The major players of the Baking powder Market include Rumford, Weikfield Products Private Limited, Clabber Girl Corporation, Davis, ACH Food Companies Inc., and Caravan Ingredients Inc.

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