Global Bakery Enzymes Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Bakery Enzymes Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” report has been recently generated by MarketResearch.biz, and offers in-depth insights, revenue details, and other vital information regarding the global bakery enzymes market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bakery enzymes market report has been segmented on the basis of type, origin, end-use application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered from various sources regarding the target market. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts, with the primary objective being to provide a holistic view of the target market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as current impact, in order to make informed forecasts about the scenarios in the near and distant future.
Bakery enzymes are biocatalysts that are used in fermentation of dough, dough stability, prolonging crumb softness, providing flour enhancement, improving volume, texture and color. Various uses of enzymes in bakery products has made it an important ingredient in bakery industry.
The global bakery enzymes market is expected to register a significant growth, owing to increasing consumption of bakery products worldwide. Rapid urbanization, growing consumption of convenience food products, increasing retail outlets like Pizza Hut, Dominos, McDonalds, and Subway is expected to drive the global bakery enzymes market over the forecast period. In addition, declining use of emulsifiers has also led to increasing demand for bakery enzymes, leading to growth of the global bakery enzymes market.
The cost of enzyme production has reduced, owing to new inventions in the field of biotechnology, which is also expected to drive the demand for bakery enzymes, leading to growth of the global bakery enzymes market over the forecast period. In addition, rising demand from manufacturers seeking more effective enzymes for specific applications is expected to augment growth of the global bakery enzymes market over the forecast period.
Consumer these days are more inclined towards organic products. Organic and gluten-free breads use bakery enzymes such as Transglutaminase, Glutathione, Protease, etc. Therefore, increasing demand for organic and gluten-free breads is expected to drive demand for bakery enzymes, leading to growth of the global bakery enzymes market over the forecast period.
Genetically Modified Organism (GMO) enzymes used in bakery products can cause harmful diseases which are immune to antibiotics. In addition, GMO are new inventions and its long term effects on human body are unknown. Therefore, controversies related to use of GMO on account of health concerns can be a limiting factor for growth of the global bakery enzymes market.
Analysis by Region:
North America market is expected to dominate in the global bakery enzymes market over the forecast period, owing to fast lifestyle pattern of people and high preference for convenient food products such as wraps, rolls, pocket sandwiches, etc. for instance, according to a report published by Agriculture and Agri-Food Canada, the market for bakery products in the U.S. grew by 7.6% from 2005 to 2010, while the market for frozen bakery grew by 9.1%. Asia Pacific market is expected to emerge as the fastest growing bakery enzymes market over the forecast period, owing to rising retail sector, coupled with increasing packaged food consumption. Africa market is expected to register a slow growth rate, owing to slow growth rate in retail sector and food industry.
Global bakery enzymes market segmentation:
Segmentation by Type:
- Glucose oxidase
Segmentation by Origin:
Segmentation by End-use Application:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Amano Enzyme Inc.
- Advanced Enzyme Technologies
- Koninklijke DSM N.V.
- I. du Pont de Nemours and Company
- Novozymes A/S
- Dyadic International Inc.
- Maps Enzyme Ltd.
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