Global Baking Enzymes Market size was valued at USD 857.08 Mn. in 2023 and the total Baking Enzymes revenue is expected to grow by 5.25 % from 2024 to 2030, reaching nearly USD 1226.24 Mn.Baking Enzymes Market Overview:
Enzymes are nothing but the natural proteins that act as catalysts for biochemical reactions and helps to improve the life of shelf and texture of baked foods. Baking enzymes are widely used in sweet items like cookies, pastries, cakes, and are considered as the important ingredient in the preparation of these items which improves the texture and appearance of the product. Enzyme additives for baking Fungal Alpha Amylase are food grade alpha amylase from a fungal origin which is used specifically in the baking industry. The chemical based dough improvers can be replaced by the Lipase enzymes for the baking industry. There are different Bakery Enzymes for various applications.To know about the Research Methodology :- Request Free Sample Report
Baking Enzymes Market Dynamics:
Growing popularity of Western-style baked goods and Health Awareness Drive the Baking Enzymes Market Some of the vital uses of baking enzymes include dough fermentation and relaxation, dough stability, long crumb softness, and improved flour, volume, texture, and color. At present, enzymes are considered a natural and advanced solution for the bakery business thanks to their ability to improve the quality of the product. Baking enzymes are ingredient solutions and preservation systems that allow baked goods producers to answer quickly to consumer demand for gluten-free salt, acrylamide, additives, emulsifiers, and bread. Advanced consumers are constantly looking for baked goods that are tastier, healthier, more valuable, and versatile. The baking enzyme industry is providing better solutions and ingredients to help baked goods producers meet consumer needs. Due to the busy lifestyle of consumers the adoption of ready-to-eat and confectionery products is increasing that are convenient to consume. The demand for baking enzymes in the food industry is growing especially in bakery products. Western-style baked goods such as bread, cakes, and cookies, are becoming popular in developing countries. These baked goods frequently contain baking enzymes, to improve the taste, texture, and look of the bread, cakes, cookies, etc. Developments in the biotechnology sector have reduced the cost of enzyme production, which is expected to drive demand for baking enzymes. The awareness among consumers related to the health benefits of several baked goods is increasing, such as gluten-free bread and whole-wheat bread. Hence, theses are the factors that helps to drive the demand for the baking enzymes market. Restraints Lack of Awareness and Regulatory restrictions can hamper the growth of the market The excessive proportions in baking enzymes when consumed, can cause allergies, headaches, and ulcers, which are the key factors affecting the growth of the global baking enzyme market. Also, fluctuations in temperature and pH levels affect the ability of enzymes to bake, and severe government rules and regulations on the use of proteins for Baking enzyme solutions in countries like the UK and Canada are interfering with the growth of the global market for baking enzymes during the forecast period. There are certain regulatory restrictions in some countries for the use of baking enzymes. There is a lack of awareness of baking enzymes, some bakeries do not know the advantages of using baking enzymes, or else they may not be aware of how to use them effectively. The adoption of baking enzymes can be limited by small and medium-sized bakeries because they can be expensive to produce. Market Growth Opportunity Growing demand for organic baked goods and the Development of new baking enzymes create opportunities Organic and gluten-free bread uses bakery enzymes like transglutaminase, glutathione, protease, etc. So, as the demand for natural and gluten-free bread increases, the need for enzymatic baking is presumed to increase in the forecast period. The demand for organic baked goods is growing, as consumers are becoming more interested in healthy and sustainable food products. Baking enzymes can be used to improve the quality and taste of organic baked goods. Fast urbanization, increased consumption of convenience foods, and retail outlets like Pizza Hut, Domino’s, McDonald's, and the subway are expected to lead the global baking enzyme market in the future. Also, as the use of emulsifiers decreased, enzyme-enhanced baking and has increased the demand and the growth of the global baking enzymes market. The new baking enzymes are being developed that are more well-organized and effective than traditional baking enzymes. This is creating new opportunities for new entrants and businesses in the baking enzymes market.Baking Enzymes Market Segment Analysis
Based on the Product, The carbohydrase segment has dominated the market and is expected to hold the largest market share of the baking enzymes market during the forecast period, because of its wide-ranging application in many products as it is used in the production of baked products over other products. As well as this, carbohydrase enzymes have high thermal stability and can potentially improve the texture and extend the shelf-life of food products. Supportive regulatory standards led by the FDA regarding GRAS approval of carbohydrase and amylase in food products should have a positive impact on baking enzyme demand. Carbohydrases is a class of enzymes that break down carbohydrates, such as sugar and starch. It is used to make the Bread, Cake, and Other types of baking enzymes. The demand for baked goods is increasing, because of the factors such as rising disposable incomes, urbanization, and population growth.Based on the Applications,
The bread segment held the largest share of the market in baking enzyme applications in terms of revenue in the year 2023 and is expected to dominate the market during the forecast period. Amongst the highly consumable products in developed and developing economies from the wide range of applications. Bread is used as a major ingredient in widely consumed food products in pizza, burgers, hotdogs, and others hence is expected to witness a continuous rise during the forecast period (2024-2030). Cakes and pastries of baking enzymes are believed to rise effectively as demands from regions are expected to grow with the launch of new products with better taste and flavor by numerous market players is expected to further grow the consumption rate in the future.
Baking Enzymes Market Regional Insights:
North America dominated the market in the year 2023 and is expected to hold the largest market share in the global baking enzymes market in terms of revenue by 2030, the increasing demand for baking enzymes in food & beverage and confectionery industries in countries in the region. The United States and Canada are countries that dominated the market in this region. The market in Europe is expected to account for the second-largest revenue share contribution to the global baking enzymes market followed by markets in the Asia Pacific. The Asia Pacific market is expected to witness the fastest growth in terms of revenue where to the increasing inclination for packaged food in countries such as China, India, Japan, and South Korea. Though, China is the leading market for baking enzymes in this region.The objective of the report is to present a comprehensive analysis of the Baking Enzymes Market including all the stakeholders of the Form. The past and current status of the Form with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the Form with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, and PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the Form to the decision-makers. The report also helps in understanding the Baking Enzymes Market dynamics, and structure by analyzing the market segments and projecting the Baking Enzymes Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Baking Enzymes Market makes the report an investor’s guide.
Baking Enzymes Industry Ecosystem
Baking Enzymes Market Scope: Inquiry Before Buying
Baking Enzymes Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 857.08 Mn. Forecast Period 2024 to 2030 CAGR: 5.25% Market Size in 2030: USD 1226.24 Mn. Segments Covered: by Product Carbohydrase Protease Lipase Others by Applications Bread Cakes & Pastries Cookies & Biscuits Others by Form Powder Liquid Baking Enzymes Market by Region
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A) South America (Brazil, Argentina Rest of South America)Baking Enzymes Market Key Players
1. Novozymes A/S [Denmark] 2. DSM 3. Enzymes GmbH 4. DowDuPont Inc. 5. Advanced Enzyme Technologies Ltd. [India] 6. Dyadic International Inc. 7. Engrain 8. SternEnzym GmbH & Co. KG 9. Amano Enzyme Inc. 10. Aum Enzymes 11. Maps Enzyme Limited 12. AB Enzymes GmbH 13. Puratos Group NV 14. Others.Frequently Asked Questions:
1] What segments are covered in the Global Baking Enzymes Market report? Ans. The segments covered in the market report are based on Product, Applications, Form, and Region. 2] Which region is expected to hold the highest share of the Global Baking Enzymes Market? Ans. The North American region is expected to hold the highest share of the Baking Enzymes Market. 3] What is the market size of the Global Baking Enzymes Market by 2030? Ans. The market size of the market by 2030 is expected to reach USD 1226.24 Mn. 4] What is the forecast period for the Global Baking Enzymes Market? Ans. The forecast period for the Baking Enzymes Market is 2024-2030. 5] What was the Global Baking Enzymes Market size in 2023? Ans. The Global Baking Enzymes Market size was USD 857.08 Million in 2023.
1. Baking Enzymes Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Baking Enzymes Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Product Segment 2.4.3. End-user Segment 2.4.4. Revenue (2023) 2.4.5. Key Development 2.4.6. Geographic distribution of major customers 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 3. Baking Enzymes Market: Dynamics 3.1. Baking Enzymes Market Trends 3.2. Baking Enzymes Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 3.3. Ecosystem Analysis 3.3.1. Raw Material Suppliers 3.3.2. Enzyme Manufacturers 3.3.3. Distributors 3.3.4. End Users 3.4. Supply Chain Analysis 3.5. Value Chain Analysis 3.6. PORTER’s Five Forces Analysis 3.6.1. Intensity of the Rivalry 3.6.2. Threat of New Entrants 3.6.3. Bargaining Power of Suppliers 3.6.4. Bargaining Power of Buyers 3.6.5. Threat of Substitutes 3.7. Regulatory Landscape by Region 3.7.1. North America 3.7.2. Europe 3.7.3. Asia Pacific 3.7.4. South America 3.7.5. MEA 4. Baking Enzymes Market: Global Market Size and Forecast by Segmentation (by Value in USD Mn) (2023-2030) 4.1. Baking Enzymes Market Size and Forecast, by Product (2023-2030) 4.1.1. Carbohydrase 4.1.2. Protease 4.1.3. Lipase 4.1.4. Others 4.2. Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 4.2.1. Bread 4.2.2. Cakes & Pastries 4.2.3. Cookies & Biscuits 4.2.4. Others 4.3. Baking Enzymes Market Size and Forecast, by Form (2023-2030) 4.3.1. Powder 4.3.2. Liquid 5. North America Baking Enzymes Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Baking Enzymes Market Size and Forecast, by Product (2023-2030) 5.1.1. Carbohydrase 5.1.2. Protease 5.1.3. Lipase 5.1.4. Others 5.2. Others North America Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 5.2.1. Bread 5.2.2. Cakes & Pastries 5.2.3. Cookies & Biscuits 5.2.4. Others 5.3. North America Baking Enzymes Market Size and Forecast, by Form (2023-2030) 5.3.1. Powder 5.3.2. Liquid 5.4. North America Baking Enzymes Market Size and Forecast, by Country (2023-2030) 5.4.1. United States 5.4.1.1. United States Baking Enzymes Market Size and Forecast, by Product (2023-2030) 5.4.1.1.1. Carbohydrase 5.4.1.1.2. Protease 5.4.1.1.3. Lipase 5.4.1.1.4. Others 5.4.1.2. United States Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 5.4.1.2.1. Bread 5.4.1.2.2. Cakes & Pastries 5.4.1.2.3. Cookies & Biscuits 5.4.1.2.4. Others 5.4.1.3. United States Baking Enzymes Market Size and Forecast, by Form (2023-2030) 5.4.1.3.1. Powder 5.4.1.3.2. Liquid 5.4.2. Canada 5.4.2.1. Canada Baking Enzymes Market Size and Forecast, by Product (2023-2030) 5.4.2.1.1. Carbohydrase 5.4.2.1.2. Protease 5.4.2.1.3. Lipase 5.4.2.1.4. Others 5.4.2.2. Canada Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 5.4.2.2.1. Bread 5.4.2.2.2. Cakes & Pastries 5.4.2.2.3. Cookies & Biscuits 5.4.2.2.4. Others 5.4.2.3. Canada Baking Enzymes Market Size and Forecast, by Form (2023-2030) 5.4.2.3.1. Powder 5.4.2.3.2. Liquid 5.4.3. Mexico 5.4.3.1. Mexico Baking Enzymes Market Size and Forecast, by Product (2023-2030) 5.4.3.1.1. Carbohydrase 5.4.3.1.2. Protease 5.4.3.1.3. Lipase 5.4.3.1.4. Others 5.4.3.2. Mexico Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 5.4.3.2.1. Bread 5.4.3.2.2. Cakes & Pastries 5.4.3.2.3. Cookies & Biscuits 5.4.3.2.4. Others 5.4.3.3. Mexico Baking Enzymes Market Size and Forecast, by Form (2023-2030) 5.4.3.3.1. Powder 5.4.3.3.2. Liquid 6. Europe Baking Enzymes Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.2. Europe Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.3. Europe Baking Enzymes Market Size and Forecast, by Form (2023-2030) 6.4. Europe Baking Enzymes Market Size and Forecast, by Country (2023-2030) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.4.1.2. United Kingdom Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.4.1.3. United Kingdom Baking Enzymes Market Size and Forecast, by Form (2023-2030) 6.4.2. France 6.4.2.1. France Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.4.2.2. France Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.4.2.3. France Baking Enzymes Market Size and Forecast, by Form (2023-2030) 6.4.3. Germany 6.4.3.1. Germany Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.4.3.2. Germany Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.4.3.3. Germany Baking Enzymes Market Size and Forecast, by Form (2023-2030) 6.4.4. Italy 6.4.4.1. Italy Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.4.4.2. Italy Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.4.4.3. Italy Baking Enzymes Market Size and Forecast, by Form (2023-2030) 6.4.5. Spain 6.4.5.1. Spain Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.4.5.2. Spain Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.4.5.3. Spain Baking Enzymes Market Size and Forecast, by Form (2023-2030) 6.4.6. Sweden 6.4.6.1. Sweden Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.4.6.2. Sweden Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.4.6.3. Sweden Baking Enzymes Market Size and Forecast, by Form (2023-2030) 6.4.7. Austria 6.4.7.1. Austria Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.4.7.2. Austria Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.4.7.3. Austria Baking Enzymes Market Size and Forecast, by Form (2023-2030) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Baking Enzymes Market Size and Forecast, by Product (2023-2030) 6.4.8.2. Rest of Europe Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 6.4.8.3. Rest of Europe Baking Enzymes Market Size and Forecast, by Form (2023-2030) 7. Asia Pacific Baking Enzymes Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Baking Enzymes Market Size and Forecast, by Product (2023-2030) 7.2. Asia Pacific Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 7.3. Asia Pacific Baking Enzymes Market Size and Forecast, by Form (2023-2030) 7.4. Asia Pacific Baking Enzymes Market Size and Forecast, by Country (2023-2030) 7.4.1. China 7.4.1.1. China Baking Enzymes Market Size and Forecast, by Product (2023-2030) 7.4.1.2. China Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 7.4.1.3. China Baking Enzymes Market Size and Forecast, by Form (2023-2030) 7.4.2. S Korea 7.4.2.1. S Korea Baking Enzymes Market Size and Forecast, by Product (2023-2030) 7.4.2.2. S Korea Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 7.4.2.3. S Korea Baking Enzymes Market Size and Forecast, by Form (2023-2030) 7.4.3. Japan 7.4.3.1. Japan Baking Enzymes Market Size and Forecast, by Product (2023-2030) 7.4.3.2. Japan Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 7.4.3.3. Japan Baking Enzymes Market Size and Forecast, by Form (2023-2030) 7.4.4. India 7.4.4.1. India Baking Enzymes Market Size and Forecast, by Product (2023-2030) 7.4.4.2. India Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 7.4.4.3. India Baking Enzymes Market Size and Forecast, by Form (2023-2030) 7.4.5. Australia 7.4.5.1. Australia Baking Enzymes Market Size and Forecast, by Product (2023-2030) 7.4.5.2. Australia Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 7.4.5.3. Australia Baking Enzymes Market Size and Forecast, by Form (2023-2030) 7.4.6. ASIAN 7.4.6.1. ASIAN Baking Enzymes Market Size and Forecast, by Product (2023-2030) 7.4.6.2. ASIAN Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 7.4.6.3. ASIAN Baking Enzymes Market Size and Forecast, by Form (2023-2030) 7.4.7. Rest of Asia Pacific 7.4.7.1. Rest of Asia Pacific Baking Enzymes Market Size and Forecast, by Product (2023-2030) 7.4.7.2. Rest of Asia Pacific Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 7.4.7.3. Rest of Asia Pacific Baking Enzymes Market Size and Forecast, by Form (2023-2030) 8. Middle East and Africa Baking Enzymes Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Middle East and Africa Baking Enzymes Market Size and Forecast, by Product (2023-2030) 8.2. Middle East and Africa Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 8.3. Middle East and Africa Baking Enzymes Market Size and Forecast, by Form (2023-2030) 8.4. Middle East and Africa Baking Enzymes Market Size and Forecast, by Country (2023-2030) 8.4.1. South Africa 8.4.1.1. South Africa Baking Enzymes Market Size and Forecast, by Product (2023-2030) 8.4.1.2. South Africa Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 8.4.1.3. South Africa Baking Enzymes Market Size and Forecast, by Form (2023-2030) 8.4.2. S GCC 8.4.2.1. GCC Baking Enzymes Market Size and Forecast, by Product (2023-2030) 8.4.2.2. GCC Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 8.4.2.3. GCC Baking Enzymes Market Size and Forecast, by Form (2023-2030) 8.4.3. Egypt 8.4.3.1. Egypt Baking Enzymes Market Size and Forecast, by Product (2023-2030) 8.4.3.2. Egypt Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 8.4.3.3. Egypt Baking Enzymes Market Size and Forecast, by Form (2023-2030) 8.4.4. Nigeria 8.4.4.1. Nigeria Baking Enzymes Market Size and Forecast, by Product (2023-2030) 8.4.4.2. Nigeria Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 8.4.4.3. Nigeria Baking Enzymes Market Size and Forecast, by Form (2023-2030) 8.4.5. Rest of ME &A 8.4.5.1. Rest of ME &A Baking Enzymes Market Size and Forecast, by Product (2023-2030) 8.4.5.2. Rest of ME &A Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 8.4.5.3. Rest of ME &A Baking Enzymes Market Size and Forecast, by Form (2023-2030) 9. South America Baking Enzymes Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. South America Baking Enzymes Market Size and Forecast, by Product (2023-2030) 9.2. South America Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 9.3. South America Baking Enzymes Market Size and Forecast, by Form (2023-2030) 9.4. South America Baking Enzymes Market Size and Forecast, by Country (2023-2030) 9.4.1. Brazil 9.4.1.1. Brazil Baking Enzymes Market Size and Forecast, by Product (2023-2030) 9.4.1.2. Brazil Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 9.4.1.3. Brazil Baking Enzymes Market Size and Forecast, by Form (2023-2030) 9.4.2. Argentina 9.4.2.1. Argentina Baking Enzymes Market Size and Forecast, by Product (2023-2030) 9.4.2.2. Argentina Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 9.4.2.3. Argentina Baking Enzymes Market Size and Forecast, by Form (2023-2030) 9.4.3. Rest Of South America 9.4.3.1. Rest of South America Baking Enzymes Market Size and Forecast, by Product (2023-2030) 9.4.3.2. Rest of South America Baking Enzymes Market Size and Forecast, by Applications (2023-2030) 9.4.3.3. Rest of South America Baking Enzymes Market Size and Forecast, by Form (2023-2030) 10. Company Profile: Key Players 10.1. Novozymes A/S [Denmark] 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.3.1. Total Revenue 10.1.3.2. Segment Revenue 10.1.3.3. Annual Revenue 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. DSM 10.3. Enzymes GmbH 10.4. DowDuPont Inc. 10.5. Advanced Enzyme Technologies Ltd. [India] 10.6. Dyadic International Inc. 10.7. Engrain 10.8. SternEnzym GmbH & Co. KG 10.9. Amano Enzyme Inc. 10.10. Aum Enzymes 10.11. Maps Enzyme Limited 10.12. AB Enzymes GmbH 10.13. Puratos Group NV 11. Key Findings and Analyst Recommendations 12. Baking Enzymes Market: Research Methodology 12.1. Research Data 12.1.1. Secondary Data 12.1.1.1. Key data from secondary sources 12.1.2. Primary Data 12.1.2.1. Key industry insights 12.1.2.2. Key data from primary sources 12.2. Market size estimation 12.2.1. Bottom-up approach 12.2.2. Top-down approach 12.3. Market Breakdown 12.4. Data triangulation 12.5. Research assumptions 12.6. Recession impact analysis
