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Baking Powder Market: Baking Powder Substitute, Baking Powder Uses, Baking Powder Price, Procurement Organization, Category Pricing Strategies Insights, Cost Saving Opportunities, and Spend Growth Data Now Available From SpendEdge

October 22, 2018 GMT

LONDON--(BUSINESS WIRE)--Oct 22, 2018--SpendEdge, a global procurement market intelligence firm, has announced the release of their

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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. 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. 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’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

Category ecosystem

Category management enablers

Category definition

Do you purchase multiple reports in a year? Our subscription platform, , provides ready-to-use procurement research reports for multiple categories. Now access latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button.

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About SpendEdge:

shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more,

View source version on businesswire.com:https://www.businesswire.com/news/home/20181022005575/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES RETAIL FOOD/BEVERAGE

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 10/22/2018 10:05 AM/DISC: 10/22/2018 10:05 AM

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