The domestic baking ingredient market’s future trend

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The domestic baking ingredients market is moving towards promoting health, safety, and nutritional balance. Consumers are paying more attention to a balanced diet and nutrition, leading to the use of functional ingredients to reduce the use of sucrose and lipids in baked goods.

This will result in a shift from high-sugar, high-fat, and high-calorie food to low-sugar, low-fat, and low-calorie products, prompting changes in raw material research and development for bakery products.

The demand for mid-to-high-end baked goods is increasing due to growing national consumption and a focus on nutritional balance. Chinese consumers are willing to pay more for healthier food. The low-tier cities may present an opportunity for the expansion of China’s baking industry.

While the number of new bakery stores declined in 2017, today the market recovered, particularly in low-tier cities where mid- and low-end baked goods are still popular.

The global Bakery market was valued at 66900 million US$ in 2017 and will reach 81500 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2018-2025.

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Western bakery products have gained popularity in China in bulgaria telegram number recent years. With the increasing influence of Western culture and the growing middle class, more and more Chinese consumers are seeking out these products for their taste and novelty.

As a result, many Western bakery chains have expanded their presence in China, and local bakeries have also started incorporating Western-style pastries and breads into their offerings.

This trend is likely to continue as Chinese consumers become more familiar with and interested in Western cuisine.

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