Market Share of Global Baking Soda Substitute Industry
The global baking soda substitute market is highly fragmented with some global players, like Associated British Foods PLC (ABF), Lesaffre International, Lallemand Inc., and various regional players. Companies, such as Lesaffre International, have an organic range of baker's yeast, and claims optimum performance in the long-term. The key market players are focusing on mergers and acquisitions to expand their product portfolio and increase their production capacity, to fulfill the consumer needs. In 2018, Lesaffre acquired a major stake in the Rayen Food Industries in Tunisian, which majorly focuses on the production of baker's yeast. With this acquisition, Lessafre has strengthened its position in the African region.
Baking Soda Substitute Market Leaders
Bob's Red Mill Natural Foods
Lesaffre et Cie SA
Associated British Foods PLC
Kothari Fermentation And Biochem Ltd
Clabber Girl Corporation.
*Disclaimer: Major Players sorted in no particular order
