What is Bakery Enzymes?
Backing enzymes are mainly added to change dough nature, crumb softness and gas retention. Bakery products manufacturers use bakery enzymes to make bakery products softer with moisture and to reduce acrylamide formation in bakery products. This enzymes enhance texture and shelf life of products. Thus, many bakery products manufacturers prefers bakery enzymes for their production. Bakery products are able to provide fermentable sugar for the yeast. In addition, they improve loaf volume and symmetry and darker crust colour. Thus, rising preference of bakery products manufacturers for bakery enzymes has impacted on the market growth in positive manner.
The market study is broken down by Type (Amylases, Lipase, Maltase, Hemicellulase, Glucose oxidase, Transglutaminase and Others), by Application (Biscuits & Cookies, Bread & Rolls, Cake & Muffins, Tortillas & Pretzels and Others) and major geographies with country level break-up.
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.
Kerry Group plc (Ireland), DSM (Netherlands), Chr. Hansen Holding A/S (Denmark), DuPont (United States), Breatec (Netherlands), BASF SE (Germany), Amano Enzyme Inc. (Japan), SternEnzym GmbH & Co. (Germany), Novozymes (Denmark), AB Enzymes (Germany), Sunson Industry Group Co., Ltd (China), Shenzhen Leveking Bio-engineering Co., Ltd. (China), Antozyme Biotech Pvt Ltd (India) and Enzyme India Pvt. Ltd. (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Bakery Enzymes market by Type, Application and Region.
On the basis of geography, the market of Bakery 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 Nature, the sub-segment i.e. Organic will boost the Bakery Enzymes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Category, the sub-segment i.e. Hydrolases will boost the Bakery Enzymes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Powder will boost the Bakery 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. Plants will boost the Bakery Enzymes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In March 2019, Corbion has acquired Granotec do Brazil, a functional blends manufacturers. Granotec do Brazil is one of the leading blends manufacturers in Brazil. Company has acquire this Brazilian manufacturer for worth USD 45 million. This acquisition has helped company to strengthen its presence in Brazilian Bakery Industry.
In June 2017, DSM has launched a new range of baking enzymes. This new range is mainly useful in the making of gluten free bread. This further help bakery products producers to add extra softness, moistness and good texture in their bakery products.
Market Trend
- Growing Preference for Using backing Enzymes as Functional Agents in Food Processing’s
Market Drivers
- Growing Industrial Expenditure of Bakery & Confectionery Products
- Rising Demand for Bakery Food Products
- Increasing Foodservice Outlets
Opportunities
- Growing Technological Advancements has Created Ease in Food Processing’s has Created Growth Opportunities
- Increasing Popularity of RTE and Fast Food
Restraints
- Adverse Side Effects on Health owing to excessive Use of Enzymes may restrain its Demand
Challenges
- Strengthen Government Regulations
- Growing number of SMEs has Impacted on Industry Competitiveness
Key Target Audience
Bakery Enzyme Manufacturers, Bakery Enzyme Suppliers/Distributors, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.