LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Baking Powder Category - Procurement Market Intelligence Report.
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:
- Buyers prefer engaging with suppliers that have a low TAT as it helps them to receive raw materials on time, which, in turn, aids in achieving better productivity.
- Adoption of spray technologies can lead to potential cost savings for buyers
- Purchase the full report and unlock your full market potential.
|
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
Category ecosystem
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
- Interested to know more about the scope of our reports? Download a FREE sample
Category management enablers
- Procurement organization
- Category enablers
- Want customized information? Get in touch
Category definition
- Category hierarchy
- Category scope
- Category map
- To view this report’s table of contents, Download a FREE sample
Do you purchase multiple reports in a year? Our subscription platform, SpendEdge Insights, 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. Start your 14-day FREE trial now.
Related Reports:
- Global Zirconium Category - Procurement Market Intelligence Report
- Global Printing Inks Category - Procurement Market Intelligence Report
About SpendEdge:
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, https://www.spendedge.com/request-free-proposal
