SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Baking Powder Category - Procurement Market Intelligence Report.
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Global Baking Powder Category - Procurement Market Intelligence Report. (Graphic: Business Wire)
This report has analyzed the impact of the potential challenges on the performance of the baking powder category, which is a major segment of the flourishing food and beverage industry. According to this report, increasing demand for fast foods and ready-to-consume products as well as phosphate-free baking powder for the health-conscious consumers is resulting to an upward moving graph of growth for this category. However, the major stakeholders in this industry states that such category growth does not guarantee a cost-effective procurement owing to a hyper-competitive market. Get your free sample report today and stay informed on the major market drivers.
Our procurement experts have identified the regions that are projecting the maximum growth opportunities for the baking powder category and have also determined the factors that are responsible for driving the demand. Such critical insights are known to reveal the lucrative regions for investment without minimum risk of loss. Talk to us to know about more the growth opportunities that are affecting this category.
“Baking powder is a perishable product which gets stale within a very short span of time, unless packed properly. Hence, it is imperative that the buyers to partner with suppliers who provide a better packaged baking powder that will help in reducing product shrinkage and reduce chances of financial losses of the buyers,” says SpendEdge procurement expert Tridib Bora.
Considering the nature of the market, our procurement experts have highlighted the following KPIs that are crucial for developing an optimal and a profitable procurement strategy:
SpendEdge is now offering limited-time discounts on report purchases. Buy two reports and get the third one for free .
SpendEdge’s procurement market intelligence reports for the chemicals category offer information on category pricing strategies to help the buyers achieve significant cost-savings. The reports also offer information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdge’s reports offer insights into the sustainability and procurement best practices for the category.
Report scope snapshot: Baking powder market
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