The baking powder market is expected to grow at a compound annual growth rate of 4.79% over the forecast period to reach US$5.347 billion in 2030, up from US$4.231 billion in 2025.
Baking has been a part of food production since its employment in the Fertile Crescent about six thousand years ago. The odorless white powder, referred to as baking powder, has been equivalently revolutionary and has further aided in radically shortening the cooking time resulting in the development of a new breed of fast baked goods like gingerbread, cookies, and the like. This functional benefit has remained the prime factor facilitating the baking powder market growth.
Additionally, with shifting consumer preferences for exotic bakery products in developing economies, increased availability of allergen-free variants of traditional bakery products, an increasing number of urban home bakers, expanding retail footprint, and rising female labor-force participation, particularly in high-income and emerging economies, leading to increased availability of disposable income, among other factors, are expected to propel the global baking powder market to unprecedented heights. Bakery products have been a staple in every household since time immemorial.
The major buyers of baking powder are hypermarkets, supermarkets, and industrial buyers for their usage in cooking hamburgers, bread, and pizza. Major retailers purchase substantial quantities of products directly from the manufacturers, thus eliminating distributors in the market and supply chain. The consumer market is relatively smaller; therefore, the significance of wholesalers and retailers has surged. Online sales are expected to rise as major food companies are expanding their portfolio and are providing their baking products online. Manufacturers are also developing and innovating their distribution channels to minimize the bargaining power of major retailers.
The baking powder industry is competitive, where regional and local players have a significant market share. There are some limitations to the baking powder market, such as the availability of a substitute product and health problems caused by the powder. But, regardless of the limitations, the market is expected to grow.
Baking powder market drivers:
Rapid urbanization across the globe is propelling the demand for bakery products
With the growing income and urbanization, the demand for baking powder has risen. There is a significant market for ready-to-eat snacks and foods. There is a high demand for fast food products because of the change in consumers’ eating behavior. Consumers have become more aware and knowledgeable about their wellness and health. There is a substantial surge in the consumption of health-based bakery products. The consumption of nutrition bars, high-fiber bread, and breakfast cereals meets consumer demand for a balanced and healthier diet. Baking powder is required for wellness and health-oriented food products.
There is a substantial surge in the demand for convenience foods that are ready to eat and easily available. There is also a need for yeast-based food products such as doughnuts, pizzas, cakes, cookies, and hamburgers. Therefore, the demand for junk food products is expected to rise by analyzing consumer behavior, the significant change in their lifestyle, and the surge in income. Hence, the baking powder market is expected to surge.
The baking powder market is segmented into five regions worldwide:
By geography, the baking powder market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries. Countries like India and China will register significant growth because of rising urbanization.
According to the World Integrated Trade Solution (WITS), the top importers of prepared baking powders in 2023 were Saudi Arabia with an import of 11,934,000 Kg, Canada with an import of 6,488,490 Kg, Philippines with 7,758,170 Kg, followed by Indonesia import of 2,757,720 Kg, and the United States had 4,056,690 Kg.
Reasons for buying this report:
Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Report Coverage:
Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The Baking Powder Market is segmented and analyzed as given below:
By Nature
Conventional
Organic
Gluten-free
Others
By Type
Tartrate
Sodium Aluminum Sulfate
Phosphate
Phosphate-free
Aluminum-free
By Application
Bread
Cakes and Pastries
Cookies and Biscuits
Rolls and Pies
Others
By Distribution Channel
Online
Offline
Hypermarkets
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Middle East and Africa
Saudi Arabia
UAE
Rest of the Middle East and Africa
Asia Pacific
China
India
Japan
South Korea
Taiwan
Thailand
Indonesia
Rest of Asia-Pacific
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook