Latin America Food Leavening Agent Market was worth USD XX billion in 2022 and estimated to be growing at a CAGR of XX%, to reach USD XX billion by 2028.
A leavening agent is usually used for baking purposes like the production of dough and batters. It holds the largest market share in the baking industry. It causes the release of gases, causing the dough or batter to rise giving them an adsorbent structure. Various kinds of agents are available in the market- baking powder, baking soda, sourdough starter, homemade potash and bakers’ ammonia. Of these, baking soda and baking powder are widely used.
The market is mainly driven the increasing consumption of baked products due to the changing global lifestyle, causing a surge in the demand for food leavening agents. Several new products have been introduced in the food and beverage industry causing the market to expand. Moreover, many companies are taking up various R&D projects in the food and beverage industry which in turn fuels the growth of the market.
Latin America Food Leavening Agent Market Segmentation by form and application. By form the market is classified into physical leaving agent, chemical leaving agent and biological leaving agent. Chemical leavening agent holds a major market share in the global market. By application the market is segmented into bread, biscuits and cookies, cakes and pastries, rolls and pies and others.
Geographically the Latin America Food Leavening Agent Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Brazil and Argentina account for more than 70% of the market in this region.
Key Players in the Market:
Major Key Players in the Latin America Food Leavening Agent Market are
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1200
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region