About Baking Enzymes
An enzyme is a protein catalyst that enables chemical changes in biological systems. Various types of enzymes are used in baked goods, beverages, beer, dairy, glucose syrups, starch, and other food products. For decades, enzymes, for example, malt and fungal alpha-amylases have been used in bread-making. Rapid developments in biotechnology have made numerous exciting new enzymes available for the baking industry. The significance of enzymes is likely to increase as rising consumer demand for more natural products free of chemical additives. For instance, enzymes can be used to substitute potassium bromate, a chemical additive that has been banned in a number of countries.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Baking Enzymes market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AB Enzymes Gmbh (Germany), Advanced Enzymes (India), Royal DSM (Netherlands), E.I.Dupont De Nemours & Company (United States), Maps Enzyme Limited (India), Novozymes (Denmark), Stern Enzym (Germany), Aumenzymes (India), Amano Enzyme Inc. (United States) and Dydaic International Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Engrain (United States) and Puratos Group NV (Belgium).
Segmentation Overview
AMA Research has segmented the market of Global Baking Enzymes market by Type (Carbohydrase, Protease, Lipase and Others), Application (Bread, Cake & Pastry, Biscuits & Cookies and Others) and Region.
On the basis of geography, the market of Baking Enzymes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Liquid will boost the Baking Enzymes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Baking Enzymes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Animal will boost the Baking Enzymes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
An upsurge in Trend of Frozen Bakery Products
Market Growth Drivers:
Rising Consumer Preference for Healthier Bakery Products and Changing Culture & Lifestyle of the Emerging Asian Market
Challenges:
Severe Regulations and International Quality Standards
Restraints:
Effect of Temperature on Baking Enzymes
Opportunities:
Increasing Focus on Improving Quality, Shelf Life, and Lessen Production Costs and Growing Demand for Convenience Foods
Market Leaders and their expansionary development strategies
In February 2022, allemand, through its subsidiary Danstar Ferment AG, has acquire the Nutrilife baking enzymes business of BASF. The acquisition will expands the product portfolio.
May 04, 2023 — IFF launch edof ENOVERATM 2000 range in Europe, the latest addition to its comprehensive range of market-leading solutions for the bakery industry. A next-generation enzyme dough strengthener, ENOVERATM 2000 range is designed for bakery manufacturers interested in vital gluten replacement, particularly in challenging applications such as whole wheat bread. This breakthrough enzymatic innovation allows operational cost reductions without quality or volume trade-offs.
Enzyme preparations can be regulated as secondary direct food additives under Title 21 of the Code of Federal Regulations, Part 173 (21 CFR 173). The regulatory status of food additives, including secondary food additives, is established through the petition process. According to Section 409(b) (1) of the Federal Food, Drug, and Cosmetic Act, anyone may file a petition proposing the issuance of a regulation.
Key Target Audience
Baking Enzyme Providers, Wholesalers, Distributors, and Retailers of Baking Enzyme, Food Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.