The global bakery enzymes market is expected to grow at a CAGR of around 4% during the forecast period (2020-2025). The increasing demand for bakery products, especially in emerging economies, is expected to drive the market growth. In addition, the growing trend of clean label and natural ingredients in food products is expected to fuel the demand for bakery enzymes as they are derived from natural sources and are considered to be safer and healthier alternatives to chemical additives.
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Due to its excellent thermal stability, carbohydrase, an ingredient in bakery enzymes, has caught the attention of bakery makers. The increase in the use of carbohydrase as a bakery enzyme in the production of cakes, pastries, flour, cookies, and breads has, in turn, sparked the growth of the carbohydrase bakery enzymes market, which is anticipated to surpass US$ 650 Mn by the end of 2028 and concurrently fuel the growth of the bakery enzymes market.
The bread segment is expected to dominate the global bakery enzymes market due to the high consumption of bread in various regions. The increasing demand for specialty bread, such as gluten-free and whole grain bread, is expected to drive the market growth in this segment.
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The market study on global bakery enzymes comprises of regions such as Western Europe, North America, Asia Pacific excluding Japan, Latin America, Japan, the Middle East & Africa (MEA) and Eastern Europe.
Among these geographies, APEJ is forecasted to procure a stimulating growth in the bakery enzymes market ascending from the rise in the government initiatives encouraging the adoption of bakery enzymes-based food products. The growth of the bakery enzymes market is further attributed to a large spectrum of products being launched in this demography.
Key players in the global bakery enzymes market include Shenzhen Leveking Bio-Engineering Co., Ltd.,VEMO 99 Ltd.,Mirpain,Jiangsu Boli Bioproducts Co., Ltd.,DeutscheBack GmbH & Co. KG,Amano Enzymes Inc.,AB Enzymes,AlindaVelco S.A,E.I. Dupont De Nemours and Company,Engrain,Dyadic International,Danisco,Mirpain,Other. These players are focusing on introducing innovative and advanced products to meet the changing needs of consumers and to stay competitive in the market.
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In conclusion, the global bakery enzymes market is expected to witness significant growth in the coming years due to the increasing demand for bakery products, especially in emerging economies, and the growing trend of clean label and natural ingredients in food products.
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