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The global baking ingredients market is estimated to be USD 16.6 billion in 2021 and is projected to reach USD 22.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026.
Factors such as the rising demand for functional baked products, such as gluten-free, low-sugar, and low-fat baked foods in developed countries such as the US, Germany, the UK, and France, along with the rising disposable income and per capita expenditure on processed foods, such as baked and ready-to-eat foods in emerging economies, such as India, China, and Brazil have fueled market growth in the region. This has increased the presence of local bakeries, supermarket & hypermarket bakeries, in-store bakeries, franchise bakeries, and convenience stores in both developed and developing countries.
Dairy Dialog podcast 117: Quantec, Kerry, Chobani This week, we have conversations with Quantec founder Dr Rod Claycomb and CEO Raewyn McPhillips; Christina Matrozou, marketing manager for taste in Europe and Russia at Kerry, and Chobani chief corporate affairs officer, Cristina Alesci.
We also see the return of our weekly look at the global dairy markets with Liam Fenton at StoneX.
Study finds milk-derived ingredient effective against influenza virus
Research commissioned by New Zealand company Quantec, and completed by an independent US laboratory, has found its patented milk-derived ingredient IDP (Immune Defense Proteins) is effective against influenza virus species.
At a time when there is an intense global focus on viruses, Quantec commissioned the independent in vitro study to see if IDP had antiviral activity, and if so whether its formulation, which contains over 50 bioactive proteins, provides greater antiviral activity than a singular prote