As international economic situation is complicated, China’s economy is developing rapidly. Global and Chinese Food Leavening agent market demand will maintain steady growth. The global consumption distribution is mainly focused on the area of China with the share of 21.41% , Europe with 20.64 %, USA with 20.51 %, Japan with share of only 6.31 %. China is the largest consumption country of Food Leavening agent.
The Food Leavening agent industry has great development prospects and will remain a steady growth rate in the following few years. We are still optimistic about the Food Leavening agent market. The global Food Leavening agent market will remain CAGR of 6.79% growth rate from 2017-2022.
Raw material and the production technologies affect deeply the Food Leavening agent manufacturing, According to our long-term observation and research, the price of the Food Leavening agent dropped in the past five years, and the price will remain slightly dropped in the following five years.
In China, the Food Leavening agent in technology processing of food industry has a large market space for development; Food Leavening agent market concentration is not high. The entry barriers in China include: Technology and process barriers, Production license barriers, finance barriers, Talent barriers, Brand barriers, etc.