Global Bakery Enzymes Market Is Expected To Reach $916.53 Million By 2032

Zion Market Research has published a new report titled “Bakery Enzymes Market By Form (Powder and Liquid), By Product (Carbohydrase, Protease, and Lipase), By Application (Cakes & Pastries, Breads, Cookies & Biscuits, and Flour Preparation), and By Distribution Channel (Hypermarkets/Supermarkets, B2B, E-Commerce, Specialty Retail, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 - 2032”. According to the report, the global bakery enzymes market accounted for USD 611.45 Million in 2023 and is predicted to reach USD 916.53 Million by the end of 2032. The market is expected to grow with a CAGR of 4.6% during the forecast period.

Bakery enzymes are preservatives that are added to bakery products to improve their taste, texture, color, etc. These are even used to meet the changing demands of consumers like less salty, gluten-free bread, healthier, and tastier bakery products. Efforts are being made to further improve the quality of these enzymes to further boost this global market.

Browse the full “Bakery Enzymes Market By Form (Powder and Liquid), By Product (Carbohydrase, Protease, and Lipase), By Application (Cakes & Pastries, Breads, Cookies & Biscuits, and Flour Preparation), and By Distribution Channel (Hypermarkets/Supermarkets, B2B, E-Commerce, Specialty Retail, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 - 2032” Report at https://www.zionmarketresearch.com/report/bakery-enzymes-market

The bakery enzymes market is expected to grow significantly in the years ahead, owing to the increasing demand for bakery products by the food and beverage sector. Due to the busy lifestyle of consumers, they are buying more ready-made and confectionary food items that are convenient for consumption. Moreover, the increase in the disposable income of the consumers is further driving the bakery enzymes market, as they can now afford to spend more on better quality bakery products. However, the lack of consumer awareness regarding the benefits of these enzymes may limit this market.

The bakery enzymes market is fragmented based on form, product, application, and distribution channel. According to form, the bakery enzymes market includes powder and liquid. The powder segment is more dominant in the market, as it is easy to manufacture and less costly than liquid form.

By product, the bakery enzymes market includes proteas, carbohydrase, and lipase. Carbohydrase dominates the market and is expected to register the highest CAGR in the future. Protease enzymes are showing significant market growth, due to their increasing applications in waffles, crackers, and other bakery products, to improve texture and flavor, reduce flour protein strength, and increase dough softness.

Based on application, the bakery enzymes market can be segmented into bread, cakes and pastries, flour preparation, and cookies and biscuits. Bread dominates the market, due to its daily demand by the consumers. Bread is a part of one’s daily diet in western countries. Cakes and pastries will grow significantly, owing to the launch of new products with better taste and flavor by different brands.

Bakery enzymes market is classified on the basis of distribution channels into specialty retails, e-commerce, B2B, hypermarkets/supermarkets, and others. Growing industrialization has led to the growth of the retail sector, which has helped the hypermarkets/supermarkets segment to grow globally. Consumers across the world are moving toward online shopping, due to its reliability and home-delivery features, which will fuel the e-commerce segment in the years ahead.

North America is expected to register a significant rate of growth in the future, owing to the rapid developments witnessed in the food and beverage sector. In Europe, the rise in health awareness is compelling the consumers to opt for healthier products, which will drive the bakery enzymes market in this region.

Bakery Enzymes Market: Competitive Space

The global bakery enzymes market profiles key players such as:

• Royal DSM
• Amano Enzymes
• Maps Enzymes
• Puratos
• Corbion
• VEMO 99
• Mirpain
• AlindaVelco
• Kerry Group
• Lallem

This report segments the bakery enzymes market as follows:

Global Bakery Enzymes Market: Form Analysis

• Powder
• Liquid

Global Bakery Enzymes Market: Product Analysis

• Carbohydrase
• Protease
• Lipase

Global Bakery Enzymes Market: Application Analysis

• Cakes and Pastries
• Bread
• Cookies and Biscuits
• Flour Preparation

Global Bakery Enzymes Market: Distribution Channel Analysis

• Hypermarkets/Supermarkets
• B2B
• E-Commerce
• Specialty Retail
• Others

Global Bakery Enzymes Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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