Prepared Baking Powder Market Overview in Saudi Arabia
The revenue of the prepared baking powder market in Saudi Arabia amounted to $5.9M in 2010, picking up by 4.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, prepared baking powder consumption, however, continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2008 when the market value increased by 14% y-o-y. In that year, the prepared baking powder market attained its peak level of $9.6M. From 2009 to 2010, the growth of the prepared baking powder market remained at a lower figure.