BAKING POWDER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

The Baking Powder Market is estimated to be valued at USD 4,623.3 Mn in 2025 and is expected to reach USD 6,747.7 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.55% from 2025 to 2032. The global baking powder market represents a fundamental segment within the broader food additives and baking ingredients industry, serving as an indispensable leavening agent that enables the production of countless baked goods worldwide.

Baking powder, a chemical leavening agent composed primarily of sodium bicarbonate, cream of tartar, and cornstarch, functions by releasing carbon dioxide gas when exposed to moisture and heat, creating the light, fluffy texture characteristic of cakes, muffins, biscuits, and other baked products.

Market Dynamics

The global baking powder market dynamics are characterized by a complex interplay of drivers, restraints, and opportunities that collectively shape its growth trajectory. Primary market drivers include the exponential growth of the global bakery industry, fueled by increasing consumer preference for convenient, ready-to-eat baked goods and the rising popularity of home baking activities, particularly accelerated by pandemic-induced lifestyle changes that saw consumers embracing baking as both a necessity and recreational activity.

Key Features of the Study

• This report provides in-depth analysis of the global baking powder market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global baking powder market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study Puratos NV, Dawn Food Products, Inc., Lesaffre SA, Bakels Worldwide, IREKS GmbH, AB Mauri UK Ltd., Clabber Girl Corporation, ACH Food Companies, Inc., Kerry Group plc, Ingredion Incorporated, Kraft Heinz Company, Snyder's-Lance, Inc., Duncan Hines (ConAgra Brands), and Ahlstrom-Munksjö
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global baking powder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global baking powder market

Market Segmentation

• Product Type Insights (Revenue, USD Mn, 2020 - 2032)
  • Tartrate
  • Anhydrous Phosphate
  • Sodium Aluminum Phosphate
  • Phosphate
  • Aluminum Free
  • Phosphate Free
  • Others
• Application Insights (Revenue, USD Mn, 2020 - 2032)
  • Bakery Products
  • Confectionery
  • Dairy Products
  • Snacks
  • Others
• Distribution Channel Insights (Revenue, USD Mn, 2020 - 2032)
  • Convenience Stores
  • Online Retail
    • Company-Owned Websites
    • E-Commerce Platforms
  • Specialty Stores
  • Supermarkets & Hypermarkets
• Regional Insights (Revenue, USD Mn, 2020 - 2032)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Puratos NV
  • Dawn Food Products, Inc.
  • Lesaffre SA
  • Bakels Worldwide
  • IREKS GmbH
  • AB Mauri UK Ltd.
  • Clabber Girl Corporation
  • ACH Food Companies, Inc.
  • Kerry Group plc
  • Ingredion Incorporated
  • Kraft Heinz Company
  • Snyder's-Lance, Inc.
  • Duncan Hines (ConAgra Brands)
  • Ahlstrom-Munksjo