Global Baking Enzymes Market (2021 to 2028) - Share, Size, Trends & Industry Analysis Report - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Baking Enzymes Market Share, Size, Trends, Industry Analysis Report, By Type; By Application; By Region; Segment Forecast, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

The global baking enzymes market size is expected to reach $1,115.6 million by 2028 according to a new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.

There has been significant growth in the demand for fast food products such as cakes, pizzas, sandwiches, and burgers over the years. The busy lifestyle of consumers is leading to an increase in consumption of convenience and on-the-go meals, supporting the growth of the market for baking enzymes. Attractive marketing and positioning strategies along with innovative product launches by market players have fueled the growth of the industry.

Growing demand from emerging economies for baking enzymes owing to the increasing number of bakeries is expected to have a positive impact on the market. Furthermore, increasing health awareness and technological advancements in food science are factors expected to provide numerous growth opportunities to the global baking enzymes industry over the coming years.

The different types of baking enzymes include protease, carbohydrase, lipase, and others. The carbohydrase segment accounted for a significant market share in the global baking enzymes industry in 2020 owing to its high thermal stability, which aids its use in several baking applications. However, the demand for protease and lipase is expected to increase during the forecast period.

The requirement for protease for large commercial-scale production of bread, baked goods, and biscuits is high owing to benefits such as a reduction in mixing time, maintenance of dough uniformity, adjustment of gluten strength, and improvement of bread texture & flavor. Protease is widely used in bread production for altering mixtures containing high gluten content. It is also used for the production of biscuits, cookies, and cakes.

The applications of baking enzymes include cakes & pastries, breads, pies, biscuits & cookies, and others. The bread segmented accounted for the highest share in 2020. The growth in the global food trade and increasing fast-food consumption is expected to drive this segment growth over the forecast period. There has been an increase in the number of small-scale bakeries and fast-food chains in urban cities offering innovative bread-based food products.

Launch of lighter and healthier bread-based products with multigrain bread, brown bread, sweet bread, and gluten-free bread, increasing awareness regarding healthy eating habits, and growth of e-commerce platforms are factors expected to provide numerous growth opportunities in the coming years. In addition, the increasing consumption for sandwiches as a healthy snack is likely to complement market growth.

Companies Mentioned

• DowDuPont Inc.
• Maps Enzyme Limited
• SternEnzym GmbH & Co. KG
• Amano Enzyme Inc.
• Engrain
• Royal DSM
• Aum Enzymes
• Puratos Group NV
• AB Enzymes Gmbh
• Dydaic International Inc.
• Novozymes
• Advanced Enzymes

Key Topics Covered:

1. Chapter 1. Introduction

1.1. Report Description

1.2. Stakeholders

2. Chapter 2. Executive Summary

2.1. Market Highlights

3. Chapter 3. Research Methodology

3.1. Overview

3.2. Data Sources

4. Chapter 4. Baking Enzymes Market Insights

4.1. Baking Enzymes - Industry snapshot

4.2. Baking Enzymes Market Dynamics

4.3. Porter's Five Forces Analysis

4.4. Baking Enzymes Market PESTLE Analysis

4.5. Value Chain Analysis

4.6. Competitive Ranking Analysis, 2020

5. Chapter 5. Baking Enzymes Market Assessment by Type

5.1. Introduction

5.2. Protease

5.3. Carbohydrase

5.4. Lipase

5.5. Others

6. Chapter 6. Baking Enzymes Market Assessment by Application

6.1. Introduction

6.2. Cakes & Pastries

6.3. Breads

6.4. Pies

6.5. Biscuits & Cookies

6.6. Others

7. Chapter 7. Baking Enzymes Market Assessment by Geography

7.1. Introduction

7.2. Baking Enzymes Market - North America

7.3. Baking Enzymes Market - Europe

7.4. Baking Enzymes Market - Asia-Pacific

7.5. Baking Enzymes Market - Latin America

7.6. Baking Enzymes Market - Middle East and Africa

8. Chapter 8. Competitive Landscape

8.1. Expansion and Product Launch Analysis

8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Chapter 9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/rcrtyw