Global Bakery Enzymes Market Size, Trends, and Growth Opportunity, By Product Type (Lipase, Protease, and Others), By Form (Powder and Liquid), and By Application (Bread, Cookies & Biscuits, Cakes & Pastries, and Others) By Region and Forecast to 2030.
Global Bakery Enzymes Market
The Global Bakery Enzymes Market was valued at USD 491.8 million in 2022 and is expected to reach 975.3 million by 2030, at a CAGR 7.96% during the forecast period 2023- 2030.
Bakery enzyme is one of the categories of an enzyme that is primarily used to improve dough texture, gas retention, and crumb softness when making bread and other bakery goods like pastry and biscuits, to produce softness when making cakes, and to reduce acrylamide formation in bakery goods.
Market Drivers
The market is expanding as a result of the rising demand for baking products used in a variety of applications, including bread, biscuits, cookies, rolls, buns, cakes, pastries, muffins, cupcakes, pizza bases, donuts, tortillas, pretzels, among others. Due to their exceptional qualities, baking enzymes are a highly sought-after commodity on the market and in high demand in the bakery industry.
The efforts being made to enhance these enzymes' quality to lengthen their shelf-life, the surge in product developments, and the effects of e-commerce and social media which is anticipated to drive market growth.
Market Restraints
High consumption of baking enzymes, which can lead to allergies, headaches, and ulcers, is the market's biggest challenge. Additionally, changes in temperature and pH level alter an enzyme's capacity to bake, and for some parts of Europe and Asia-Pacific, the strict norms and regulations governing processing and preservation before distribution and sale are the main issue.
Additionally, the use of GMO enzymes in bakery items results in dangerous illnesses that are resistant to antibiotics, which restricts the growth of the worldwide baking enzymes market.
COVID 19 Impact
Market conditions have been slightly worsened by the COVID-19 epidemic. The sale of bakery enzymes has been hampered worldwide because of the declaration that a sizable percentage of the bakery and restaurant industries will be shut down during the COVID-19 epidemic. Additionally, because of the rigorous lockdown, producers were obliged to cut back on their output, which virtually stopped production. The industry for bakery enzymes will not grow as quickly in 2020 as a result. But with a steady rise in demand, particularly from the baking business, the market for bakery enzymes quickly returns to normal.
Market Segmentation
The Global Bakery Enzymes Market is segmented into Product Type, Form, and Application.
Based on Product Type, the market is divided into Lipase, Protease, and Others.
Based on Form, the market is classified into Powder and Liquid.
Based on Application, the market is bifurcated into Breads, Cookies & Biscuits, Cakes & Pastries, and Others.
Regional Analysis
The Global Bakery Enzymes Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
North America holds the largest market share during the forecast period. The main driver of research and development growth in this region is the high demand for baked goods, which in turn has boosted the market for enzymes and produced better-valued products. One of the cutting-edge enzymes is POWERBake from DuPont, which can get past the inhibitors that are naturally present in flour and improve the performance of both flour and bread.
Key Players
Various key players are discussed in the Global Bakery Enzymes Market Report including: Koninklijke DSM N.V., Lallemand Inc., Novozymes A/S, Maps Enzymes Limited, SternEnzym GmbH & Company KG, Dyadic International, Inc., Associated British Foods Plc. , Advanced Enzymes, BASF SE, and Kerry Group, PLC.
Market Taxonomy
By Product Type
• Lipase
• Protease
• Others
By Form
• Powder
• Liquid
By Application
• Bread
• Cookies & Biscuits
• Cakes & Pastries
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Bakery Enzymes Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Bakery Enzymes Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Bakery Enzymes Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Bakery Enzymes Market Share Analysis, By Product Type
5.3 Global Bakery Enzymes Market Size and Forecast, By Product Type
5.3.1 Vitamin A
5.3.2 Vitamin B
5.3.3 Vitamin C
5.3.4 Vitamin D
5.3.5 Vitamin E
5.3.6 Vitamin K
6 Global Bakery Enzymes Market, By Form
6.1 Y-o-Y Growth Comparison, By Form
6.2 Global Bakery Enzymes Market Share Analysis, By Form
6.3 Global Bakery Enzymes Market Size and Forecast, By Form
6.3.1 Pharmaceuticals
6.3.2 Food& Beverages
6.3.3 Animal Feed
6.3.4 Cosmetics
7 Global Bakery Enzymes Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Bakery Enzymes Market Share Analysis, By Application
7.3 Global Bakery Enzymes Market Size and Forecast, By Application
7.3.1 Solid
7.3.2 Liquid
7.3.3 Powder
8 Global Bakery Enzymes Market, By Region
8.1 Global Bakery Enzymes Market Share Analysis, By Region
8.2 Global Bakery Enzymes Market Size and Forecast, By Region
9 North America Bakery Enzymes Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Bakery Enzymes Market Share Analysis, By Product Type
9.3 North America Bakery Enzymes Market Size and Forecast, By Form
9.4 North America Bakery Enzymes Market Size and Forecast, By Application
9.5 North America Bakery Enzymes Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Bakery Enzymes Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Bakery Enzymes Market Share Analysis, By Product Type
10.3 Europe Bakery Enzymes Market Size and Forecast, By Form
10.4 Europe Bakery Enzymes Market Size and Forecast, By Application
10.5 Europe Bakery Enzymes Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Bakery Enzymes Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Bakery Enzymes Market Share Analysis, By Product Type
11.3 Asia Pacific Bakery Enzymes Market Size and Forecast, By Form
11.4 Asia Pacific Bakery Enzymes Market Size and Forecast, By Application
11.5 Asia Pacific Bakery Enzymes Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Bakery Enzymes Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Bakery Enzymes Market Share Analysis, By Product Type
12.3 Latin America Bakery Enzymes Market Size and Forecast, By Form
12.4 Latin America Bakery Enzymes Market Size and Forecast, By Application
12.5 Latin America Bakery Enzymes Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Bakery Enzymes Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Bakery Enzymes Market Share Analysis, By Product Type
13.3 Middle East Bakery Enzymes Market Size and Forecast, By Form
13.4 Middle East Bakery Enzymes Market Size and Forecast, By Application
13.5 Middle East Bakery Enzymes Market Size and Forecast, By Country
13.6.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Koninklijke DSM N.V.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Lallemand Inc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 B Novozymes A/S
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Maps Enzymes Limited
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 SternEnzym GmbH & Company KG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Dyadic International, Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Associated British Foods Plc.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
