Fluffiness and airy insides of baked items are their key characteristics which drive their consumption. To achieve this distinct feature, manufacturers of baked goods and several other products use raising agents in production methods. The effectiveness of these agents in filling air and gas into the baking mixtures continues to create a steadfast demand for raising agents in the food & beverage industry.
However, emergence of egg alternatives and growing use of substitutes such as lemon juice are observed as key impediments for growth of the global raising agents market. According to XploreMR's recent study, the global raising agents market is estimated to register expansion at a CAGR of 2.7% in terms of volume for the forecast period, 2017-2026. The study further projects that by the end of 2026, global sales of raising agents will bring in nearly US$ 36 million in revenues.
The report observes that raising agents are finding lucrative grounds for sales growth on the back of their effective applications in the confectionary businesses. Producing confectionary products with the use of raising agents is gaining traction across the global food production landscape.
Over the forecast period, sales of raising agents across confectionary applications are expected to register a global value CAGR of 3.9%, reflecting fastest revenue growth. Fried fish product applications of raising agents are also likely to gain considerable traction in terms of revenues.
Raising Agents Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2026Buy Now
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