The growth of the bakery ingredients market is primarily driven by factors such as changing consumer preference toward consumption of healthy products, growing wealth, and augmented per capita spending on value-added products, and increasing penetration of products containing natural ingredients. Predominantly bakery ingredients improve the overall product quality, to save time and for longevity.
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Bakery Ingredients Market 2021-2026 | Analysis, Size, Share, Growth
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Bakery Ingredients Market 2021-2026 | Analysis, Size, Share, Growth

The global bakery ingredients market reached a value of almost USD 14.8 billion in the year 2020. The bakery ingredients industry is further expected to grow at a CAGR of 6% between 2021 and 2026 to reach a value of almost USD 21 billion by 2026.