Press Release

Oct, 26 2023

Revolutionizing Baking: Enzymes Enhance Flavor, Texture, and Shelf Life for Irresistible Delights

The baking enzymes market encompasses various applications and segments. These enzymes are widely used in baking to improve the quality of baked goods. Key applications of baking enzymes include bread, where they enhance dough stability and crumb texture, and in the production of biscuits and cookies to control the spread and create desired textures. The dominating segment within this market is the bread production industry, given the ubiquitous consumption of bread globally. Baking enzymes play a crucial role in optimizing production processes and ensuring the consistent quality of bread products, making this segment a major contributor to the market's growth.

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Data Bridge Market Research analyses that the Iraq Baking Enzymes Market is growing with a CAGR of 2.5% in the forecast period of 2022 to 2029. The market was valued at USD 7,046.73 thousand in 2021 and is expected to reach USD 8,585.76 thousand by 2029. Enzymes enhance production efficiency by expediting fermentation, which shortens processing times, minimizes waste, and ensures the uniform quality of baked goods, aligning with the demand for consistent, high-quality products in the baking industry.

Key Findings of the Study

Iraq Baking Enzymes Market

Enhanced product quality is expected to drive the market's growth rate

Baking enzymes are instrumental in enhancing the quality of baked goods. They improve texture, ensuring that products are softer, more palatable, and appealing to consumers. Additionally, these enzymes extend the shelf life of baked items, reducing the risk of premature staleness or spoilage, thus promoting freshness. This overall enhancement aligns with consumer preferences for better taste and superior quality, meeting the demand for bakery products that not only taste great but also stay fresh for extended periods.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Type (Hydrolases, Oxidoreductases, Transferases, and Others), Source (Plant-Based, Animal-Based, and Microorganism-Based), Fermentation Technique (Submerged Fermentation and Solid-Substrate Fermentation), Formulation (Powder, Liquid, and Granular), Function (Improved Freshness, Dough Improver, Crumb Softness, Modify Dough Rheology and Others), Applications (Bread and Bread Loafs, Rolls and Buns, Doughnuts, Biscuits, Cookies, Cake, Pastries, Pies, Bagels, Muffins, Pasta, and Others), Distribution Channel (Direct and Indirect)

Countries Covered

Iraq

Market Players Covered

Kerry (Ireland), DSM (Royal DSM) (Netherlands), Novozymes (Denmark), DuPont (IFF Nutrition & Biosciences)  (U.S.), Creative Enzymes  (U.S.), PURATOS (Belgium)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The Iraq baking enzymes market is segmented into type, source, fermentation technique, formulation, function, applications, and distribution channel.

  • On the basis of type, the Iraq baking enzymes market is segmented into hydrolases, oxidoreductases, transferases, and others. In 2022, the hydrolases segment is expected to dominate the baking enzymes market. This dominance results from the increasing demand for natural baking enzymes.

In 2022, the hydrolases segment of type segment is expected to dominate the Iraq baking enzymes market during the forecast period of 2022-2029.

In 2022, the hydrolases segment is expected to dominate the baking enzymes market. This dominance results from the increasing demand for natural baking enzymes, which play a pivotal role in achieving superior texture, taste, and color in bakery products, aligning with the rising consumer preference for enhanced sensory qualities in baked goods.

  • On the basis of source, the Iraq baking enzymes market is segmented into plant-based, animal-based, and microorganism-based.

In 2022, the microorganism-based segment of the source segment is expected to dominate the Iraq baking enzymes market during the forecast period of 2022-2029.

In 2022, the microorganism-based segment is poised to lead the baking enzymes market. This is attributed to the cost-effective production of baking enzymes using microorganisms, which are readily available. This method aligns with the market's need for efficient, economically viable solutions, further propelling the dominance of this segment.

  • On the basis of fermentation technique, the Iraq baking enzymes market is segmented into submerged fermentation, and solid-substrate fermentation. The solid-substrate segment is set to take the lead in the 2022 baking enzymes market, driven by the growing demand for a fermentation technique that conserves water resources while delivering high yield and product effectiveness.
  • On the basis of formulation, the Iraq baking enzymes market is segmented into powder, liquid, and granular. In 2022, the powder segment is poised to lead the baking enzymes market, reflecting the growing demand among bakery product manufacturers for easy-to-store and handle baking enzymes.
  • On the basis of function, the Iraq baking enzymes market is segmented improved freshness, dough improver, crumb softness, modify dough rheology, and others. In 2022, the dough improver segment is set to be the primary driver of the baking enzymes market, propelled by the increased demand for these enzymes to enhance dough properties and improve the texture, color, and volume of the final baked products.
  • On the basis of applications, the Iraq baking enzymes market is segmented into bread and bread loafs, rolls and buns, doughnuts, biscuits, cookies, cake, pastries, pies, bagels, muffins, pasta, and others. In 2022, the bread and bread loaf segment is projected to take the lead in the baking enzymes market, driven by the growing demand for these enzymes among manufacturers aiming to meet consumer demand for high-quality bread and bread loaves in Iraq.
  • On the basis of distribution channel, the Iraq baking enzymes market is segmented into direct and indirect. The year 2022 is expected to witness the bread and bread loaf segment leading the baking enzymes market, fueled by manufacturers' increasing use of these enzymes to meet the high-quality bread and bread loaf demands of consumers in Iraq.

Major Players

Data Bridge Market Research recognizes the following companies as Iraq baking enzymes market players in Iraq baking enzymes market are Kerry (Ireland), DSM (Royal DSM) (Netherlands), Novozymes (Denmark), DuPont (IFF Nutrition & Biosciences)  (U.S.),

Iraq Baking Enzymes Market

Market Developments

  • In March 2021, PURATOS unveiled Sparkalis, a food tech initiative focused on creating innovative products, services, and ingredients. This strategic move, which encompasses the development of pioneering solutions, including baking enzymes, is aimed at expanding and enriching the company's product portfolio. By delving into the food tech sector, PURATOS is poised to harness cutting-edge technology and scientific advancements to meet evolving consumer demands and offer novel culinary solutions.
  • In November 2022, Amano Enzyme, Inc., a prominent specialty enzyme manufacturer, unveiled its latest regional hub in Milton Park, Oxfordshire, United Kingdom. This strategic move to establish a hub in the Europe, Middle East, and Africa (EMEA) region aims to enhance its service capabilities for the growing customer base. The choice of Milton Park, a renowned science, technology, and business community, underscores the company's commitment to bolstering its presence and support within the EMEA market.
  • In February 2022, Lallemand Inc. finalized an agreement to acquire the Nutrilife Baking Enzymes business from BASF SE. The acquisition was carried out by Lallemand's subsidiary, Danstar Ferment AG. This strategic move was intended to fortify BASF's bakery enzyme business. Lallemand's acquisition of Nutrilife Baking Enzymes positioned them to expand their offerings and capabilities in the baking enzyme sector while bolstering their presence in the market.
  • In March 2021, AB Enzymes introduced a new line of enzymes, including Veron Reyo, designed specifically for rye applications. Veron Reyo represents a cutting-edge solution that addresses the unique technological requirements of rye dough processing. This innovation empowers producers of functional baking ingredients to create advanced rye bread improvers, making the dough-handling process more convenient and efficient compared to previous enzyme technologies, thereby catering to the evolving needs of the baking industry.

 For more detailed information about the Iraq baking enzymes market report, click here – https://www.databridgemarketresearch.com/reports/iraq-baking-enzymes-market


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