Road construction and paving application is expected to lead the asphalt additives market

The asphalt additive market is projected to grow from USD 3.6 billion in 2019 to USD 6.3 billion by 2029, at a CAGR of 5.7% from 2019 to 2029. Increase in infrastructure development and road construction projects is one of the key factors driving the growth of the asphalt additive market across the globe. Governments of countries such as, China, India, Malaysia, and Indonesia in the Asia...

Baking Ingredients Market to Witness Unprecedented Growth in Coming Years

The report “Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors), Application (Bread, Biscuits & Cookies, Cakes & Pastries, Rolls & Pies), and Region – Forecast to 2022″ Increasing demand for bakery products across regions is projected to encourage...

Increase in the Consumption of Convenience & Processed Foods to Drive the Growth of Food Emulsifiers Market

The rise in consumption of processed foods due to the rising disposable income and the increasing end-user applications of food emulsifiers are expected to drive the overall food emulsifiers market. The food emulsifiers market is estimated to be valued at USD 2.9 billion in 2018 and is projected to reach USD 3.7 billion by 2023, at a CAGR of 5.1% during the forecast period. The mono- & di-glycerides...

Baking Ingredients will be Viewed as a Business Opportunity in the Next Five Years

Baking ingredients market growth is driven by growing customer demand for healthier foods, convenience foods, and functional baked goods. The market is also driven by factors such as demand for gluten-free foods and innovative product developments for improved baking ingredients such as modified starch, enzymes, emulsifiers, baking powders & mixes that can be cost-effective as well as used in a...