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Global Baking Ingredients Market is projected to grow at a CAGR of 5.4% from 2017 to 2022, to reach a value of USD 16.91 billion by 2022. Factors such as changing consumer lifestyles, preference for convenience foods, demand for gluten-free foods, and the increasing demand for natural and healthy ingredients are some of the key trends influencing the growth of the baking ingredients market.