Global Baking Enzymes Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
11 December 2017
MarketResearch.biz delivers in-depth insights on the global baking enzymes market in its upcoming report titled, “Global Baking Enzymes Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global baking enzymes market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global baking 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 global baking enzymes market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global baking enzymes market report has been segmented on the basis of product, application, and region.
Enzymes are natural proteins act as catalysts for biochemical reactions and help to improve shelf life and texture of baked foods. Enzymes are also used to change the functional characteristics of products and control crumb texture, color, taste, moisture, and volume of baked products. Baking enzymes are widely used in confectionery items such as pastries, cakes, cookies and is considered as a main ingredient in the preparation of these items which improves texture and appearance of the product.
Rising demand for baking enzymes in food industry specially in bakery products is a key factor driving growth of the global baking enzymes market. In addition, increasing use of baking enzymes in confectionary products such as cakes, pastries, etc. and increasing demand for baking enzymes from bread making industry are other major factors anticipated to fuel growth to the global baking enzymes market over the forecast period. Baking enzymes are preferable used in bakery industry for enhancing nutritional values of the product is another factor expected to support growth of the global baking enzymes market.
However, baking enzymes may cause allergies, headache, ulcer if consumed in excess proportion, which is a key factor affecting growth of the global baking enzymes market. Also, changing temperature and pH level affects ability of baking enzymes and stringent government rules and regulation in countries such as UK and Canada regarding use of baking enzymes are other factors expected to hamper growth of the global baking enzymes market over the forecast period.
The market in North America is expected to contribute major market share in the global baking enzymes market and expected to maintain its dominance over the forecast period in terms of revenue owing to increasing demand for baking enzymes in food & beverage and confectionary industries in countries in the region. The market in Europe expected to account for the second-highest revenue share contribution to the global baking enzymes market followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively. The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to increasing preference for packaged food among individuals in countries in the region.
Global Baking Enzymes Market Segmentation:
Global baking enzymes market segmentation by product:
Global baking enzymes market segmentation by application:
- Biscuits and Cookies
- Cakes and Pastries
Global baking enzymes market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Amano Enzyme Inc.
- Advanced Enzyme Technologies Limited
- Koninklijke DSM N.V.
- I. du Pont de Nemours and Company
- SternEnzym GmbH & Co KG
- AB Enzymes GmbH
- Novozymes A/S
- Maps Enzymes Limited
- Aum enzymes,
- Puratos Group NV
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