Consumers' busy lifestyles drive a large portion of the consumer base to purchase more ready-made and confectionary food items that are easy to consume. Bakery enzymes have a large market because it is widely used to improve the quality of bakery goods. Due to the increased consumer preference for convenience and packaged food products, the use of compressed yeasts in the bakery industry is growing at a faster rate.
Frequently Asked Questions
The market is segmented based on Global Baking Enzymes Market Segmentation, By Type (Hydrolases, Oxidoreductases), Applications (Bread, Rolls & Buns, Biscuits & Cookies, Cake & Pastry, Muffins & Cupcakes, Pizza Bases, Donuts, Tortillas & Pretzels, Others), Category (Inorganic, Organic), Form (Powder/Granules, Liquid), End-User (Industries, Food Service Sector, Household/Retail), Source (Microorganisms, Plant, Animal)– Industry Trends and Forecast to 2031
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The Global Baking Enzyme Market size was valued at USD 1.72 USD Billion in 2023.
The Global Baking Enzyme Market is projected to grow at a CAGR of 6.3% during the forecast period of 2024 to 2031.
The major players operating in the market include Cargill ,orporated, ADM, Associated British Foods plc, DSM, Kerry Group plc, AAK AB, British Bakels, Corbion, International Flavors & Fragrances , Dawn Food Products , BASF SE, DuPont, Aumenzymes, Amano Enzymes , Soufflet Biotechnologies,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
