Lactic Acid Market by Application & Polylactic Acid Market by Application, & by Geography - Global Trends & Forecasts to 2020
PR Newswire - Mon Apr 25, 7:14PM CDT
Lactic acid is a bulk chemical or commodity chemical that has been witnessing strong market growth. It is commercially produced through the fermentation of glucose that is derived from plant starch. There are four main applications and uses of lactic acid: biodegradable polymers, food & beverages, personal care products (cosmetics), and pharmaceuticals. In the last few years, the use of lactic acid in biodegradable polymers has been growing significantly, mainly because of the increased consumption of products from natural sources. Emerging application possibilities in the personal care and pharmaceuticals industries are projected to increase the demand significantly in the coming years. The polylactic acid market is also witnessing a high growth, owing to increasing awareness among consumers and plastic manufacturers regarding the environment, coupled with support from government legislations and increasing landfill waste in various regions.
Baking Ingredients Market Global Trends & Forecast to 2020 - The Market is Projected to Reach a Value of USD 15.19 Billion by 2020
M2 - Fri Dec 18, 6:29AM CST
Research and Markets (http://www.researchandmarkets.com/research/6jtvtr/baking) has announced the addition of the "Baking Ingredients Market by Type, Application, and Region - Global Trends & Forecast to 2020" report to their offering. The baking ingredients market is projected to grow at a CAGR of 5.2% from 2015 to reach a projected value of USD 15.19 Billion by 2020. The market growth is driven by growing customer demand for healthier foods, convenience foods, and functional baked goods. The market is further driven by factors such as demand for gluten-free foods and innovative product developments for improved baking ingredients such as modified starch, enzymes, emulsifiers, baking powders & mixes that can be cost-effective as well as used in a wide range of baked items. Based on the types of ingredients used, the baking ingredients market is led by the baking powders & mixes segment, followed by the oils, fats & shortenings segment in terms of value. In terms of volume, the market was led by the starch segment. Baking ingredients are used on a large scale in regions where there is high per capita consumption of bread and other baked goods. Among the varied applications for baking ingredients, such as bread, biscuits & cookies, cakes & pastries, rolls & pies, bread accounted for the largest market share, followed by cookies & biscuits and cakes & pastries. Breads are widely consumed in European countries and are making their way into regular diets in most developing Asian and Latin American countries. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Baking Ingredients Market, By Type 8 Baking Ingredients, By Application 9 Baking Ingredients Market, By Region 10 Competitive Landscape 11 Company Profiles 12 Appendix Companies Mentioned - Aarhuskarlshamn (AAK) - Associated British Foods PLC (ABF) - British Bakels Limited - Cargill, Incorporated - Corbion N.V. (Former, CSM N.V.) - Dawn Food Products, Incorporated - Kerry Group PLC - Muntons PLC - Royal Dsm N.V. - Taura Natural Ingredients Limited For more information visit http://www.researchandmarkets.com/research/6jtvtr/baking