North America to hold the lion’s share in the Global Baking Enzymes Market

1. Global Baking Enzymes Market foreseen to cross USD 1 billion by 2025 Market overview: The global Baking Enzymes Market was worth USD 0.73 billion in 2019, and it is estimated that it will reach a valuation of USD 1.18 billion by 2025 at a CAGR of 6.1% during the outlook period. Bakery enzymes are preservatives that are added to bakery products to improve texture, flavor, color, and more. They are also used to meet the changing needs of consumers, such as gluten-free bread, healthier, less salty and tastier bakery products. Efforts are underway to further improve the quality of these enzymes to further activate this global market. The bakery enzyme industry is committed to providing better solutions and ingredients to help bakery product manufacturers meet these consumer needs. Recent developments: In February 2020, DuPont launched a new product, a series of POWERBake 6000 and 7000 enzymes developed specifically for European consumers to improve homes and bakeries. In September 2019, BASF SE acquired Isobionics, a natural aromatic ingredient that serves biotechnology companies. This acquisition of BASF SE strengthens its product portfolio and its solid line of development, increasing the demand for its products in the market. Market Drivers and Restrains: With an increased awareness of health and wellness, the food and beverage industry are accelerating the pace of innovation to meet consumer needs and prevent the use of emulsifiers. These demands have led to an increase in bakery enzyme sales due to properties that provide reduced flour mixing time, increased oxidation, better machinability, good leavening rates, and dough firmness. Governments in various countries are supporting the growth of the bakery enzyme market by enacting strict laws advocating the use of green and clean- label products. In addition to this, we are also working towards sustainability and streamlined supply chain management to stand out in the bakery enzyme market. As a result, the bakery enzyme market is expected to achieve prosperous growth

2. in the coming years. Bakery enzyme producers seek to grow their business by developing new technologies to achieve innovative energy stability at an affordable price. Scientific curiosity and exhaustive research in the field of confectionery are keys to innovation. Bakery experts work closely with customers around the world to create delicious and decent bakery products. The bakery industry is experiencing significant advances due to a growing population and is having a positive impact on the growth of the global bakery enzyme market. Therefore, it invests in research to discover and develop baking ingredients that help bakery manufacturers improve the baking performance and production efficiency of their baking products. Additives have been used due to the demand for bread with a longer shelf life and reliable quality. Lack of consumer awareness of the benefits of these enzymes could limit this market. Harmful health effects are a major limitation that reduces the global demand for baking enzymes. Consumers tend to have an allergic reaction when used in excessive proportions. To know more read: https://www.marketdataforecast.com/market-reports/baking-enzymes-market Report is segmented as: The market for bakery enzymes is segmented based on form, use, product and distribution channel. By form, the bakery enzyme market includes powders and liquids. The powder segment is more dominant in the market because it is easier to manufacture and cheaper than in liquid form. By product, the bakery enzyme market includes proteas, carbohydrates, and lipases. Carbohydrase dominates the market and is expected to record the highest CAGR in the future. Depending on the application, the market for bakery enzymes can be segmented into cakes, breads and cakes, flour preparations, cookies and biscuits. Bread dominates the market due to the daily demand of consumers. The market for bakery enzymes is segmented based on the distribution channels in e-commerce, professional retail, B2B, hypermarket / supermarket, etc. Geographical Segmentation: North America had the highest demand and the market is expected to dominate during the forecast period as the food processing industry developed. Europe is

3. expected to experience significant growth due to the presence of the confectionery, biscuit, cake and biscuit manufacturing sectors. South America and Asia Pacific are expected to see rapid expansion due to growth in the retail sector and increased consumption of packaged foods. Key market players: Key competitors in the global baking enzyme market are Advanced Enzymes, Amano Enzyme Inc, Royal DSM, Stern Enzymes, Dupont Company, Novozymes, Maps Enzyme Limited, Dyadic International, Engrain, Aumenzymes, and Puratos Group. View sample and decide: https://www.marketdataforecast.com/market-reports/baking-enzymes- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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