The global bakery ingredient market value is expected to rise from US$ 20,795 million in 2023 to US$ 39,867 million by 2033. This estimated growth is expected to be driven by a healthy CAGR of 6.7% in the global bakery ingredient market over the next decade. Sales for bakery ingredients are predicted to run parallel to the positive consumer trends, such as …
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Bakery Ingredient Market Forecast 2033: Navigating Global Dynamics towards a Projected Valuation of US$ 39,867 Million by 2033
The global bakery ingredient market value is US$ 20,795 million in 2023. Bakery ingredient suppliers expect the market to grow at a CAGR of 6.7% through 2033, with a forecast valuation of US$ 39,867 million by 2033. Bakery ingredients are used in bakery products such as bread, cookies, biscuits, cakes, pizza, tarts, pies, pastries, donuts, and frozen baked products. Predominantly it …