Among these, bakery is anticipated to hold the highest market value of over US$ 981 Mn by the end of 2026. Applications in desserts are foreseen to proliferate at a CAGR of 5.2% during the forecast period.
Albany, NY -- (SBWIRE) -- 06/22/2018 -- To Understand the Global Market Study on Whipping Agents Industry Status worldwide, MRRSE has included the latest Forecast report titled "Global Whipping Agents Market Investigation Highlights Growth Trends in the Coming Years", to its vast database. This study offers data about the prime regions operating in the Whipping Agents Market, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2026.
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The report covers an examination of all the industries in global market, which make use of the whipping agents and the demand of products that includes whipping agents. To get a clear insight of the market, various macro-economic factors have been also taken into consideration, such as rise in disposable income, retail sales of the products, etc.
When it comes to the overall food ingredient industry, the evolving tastes and preferences of consumers are not lost on manufacturers, as offerings have been broadened to accommodate organic and natural food products. Many established players are focusing in acquiring smaller companies which have the expertise and reputation of being pros in specific organic and natural domains. These smaller companies have deep brad loyalty, and owing to the small scale of production, it is much easier for them to come up with innovative products. These factors, combined with increasing emphasis on organic and natural, are likely to make smaller companies attractive targets for mergers and acquisitions.
In Europe, notable developments that the food and beverage industry needs to lookout for are stricter monitoring of unfair trade practices (UTPs) by the European Commission (EC). Many food and beverage manufacturers are currently assessing the risk to business once Brexit comes into effect. As the timing and full impact of Brexit is still uncertain, food and beverage companies are focusing on taking preventive action to secure their business interests.
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PMR utilizes robust methodology and approach to arrive at market size and related projections. The research methodology for this report is based on 3 dimensional model. We conduct about 45-60 min duration detailed interviews with product manufacturers; apart from this we also collect market feedback from industry experts. To validate this data, we interact with senior panel members having more than 10 years of experience in relevant field. The panel members help in validating the findings and fill the gaps if any. In addition, we leverage on our existing pool of information, paid database and other valid information sources available in public domain. Usually industry interactions extend to more than 50+ interviews from market participants across the value chain.
PMR collects data from secondary sources including company annual reports, association publications, industry presentations, white papers, and company press releases apart from these we leverage over paid database subscriptions and industry magazines to collect market information and developments in exhaustive manner. After being done with desk research, detailed questionnaire and discussion guide is formulated to initiate primary research with key industry personnel; the discussion aims at collecting key insights, growth perspectives, prevalent market trends and quantitative insights including market size and competition developments. Both of these research approaches help us in arriving at base year numbers and market hypothesis.
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Whipping agents have been witnessing an exponential increase in the demand due to rising applications in bakery industry. Growing demand for high overrun, high foam stability, short whipping time, and pleasant milky taste will continue to fuel the consumption of whipping agents for making baked goods.
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