Baking Enzymes Market to 2027 - Opportunity Analysis & Growth Analysis Report

1. Baking Enzymes Market - Latest Trends, Development Outlook and Demand Analysis to 2027

2. Baking Enzymes Market Size is expected to surpass USD 780 million by 2027. Increasing demand for bakery products such as cakes, bread, biscuits, pastries and waffles owing changing lifestyle and taste preferences of consumers will drive the market demand. • Some major findings of the baking enzymes market report include: • Introduction of new and unique bakery products in the market has escalated the growth of bakery industry which in turn has boosted the bakery enzyme market • Changing taste preferences of consumers along with increasing inclination towards outside dining has boost the consumption of bakery items thus driving the baking enzymes market • Rapid surge in consumer spending on food products, strong awareness about the nutritional content of emerging bakery products, and reduced demand for chemical food additives are among the key factors fostering the baking enzymes market growth. • Increasing adoption of breads in daily meal routines along with introduction of healthier and nutritional bread products will positively impact the growth of bakery enzyme market • Ready-to-cook products are increasingly gaining popularity among consumers in the U.S. and Canada owing to changing lifestyle and taste preferences and time- & effort-saving features. • Bakery enzyme market is anticipated to grow at over 6.0% CAGR owing to its high usage in bakery industry for enhancing dough stability, maintaining bread quality, and ensuring proper browning of bread

3. According to market analysis, the intended health benefits and functional characteristics of the baking enzymes for the preparation of cakes, bread, doughnuts, biscuits, etc. will primarily drive the industry growth over the forecast timeline. These enzymes help in enhancing the texture of dough, gas retention, and crumb softness to manufacture bread and cakes, which will further escalate revenue generation. Moreover, the compliance of the product with evolving consumer demand for superior quality food along with improved texture, color, and enhanced shelf life will fuel the business growth during the forecasted timeframe. • Phytase segment will emerge as a prominent product in global baking enzymes market accounting for more than USD 70 million in 2027. Phytases food enzymes have been consumed with low phytic acid contents owing to their ability to improve mineral bioavailability properties. This enzyme is widely used in supplements of commercial phytase ingredients to provide better bread shape, increase volume, and softness in the crumb. • Phytic acid has improved potential for binding proteins mineral and amino acids make insoluble complex, thus improving food quality. Besides, phytases provide remarkable results in bread making as it reduces fermentation time, improves nutritive value, and absorption of calcium and other minerals.

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5. Regional Analysis • Europe is one of the major markets for baking enzymes and is expected to surpass USD 230 million by 2027. Europe baking enzymes market is mainly dominated by Germany, France, and Italy owing to strong international cheese-making companies fostering product demand. Prominent demand for healthy and nutrition enriched variants of bread products such as whole grain, high in fiber, gluten-free, and fortified is expected to drive the market growth in European countries. Further, hectic lifestyles and adoption of healthy diets will enhance the product penetration rate in the region. • Competitive Analysis • The baking enzymes market share is consolidated with presence of multinational corporations such Royal DSM, Danisco, BASF, Lumis, Aumgene Biosciences, Enmex, Advanced Enzymes, AB Group, Chr. Hansen, Enzyme Innovation, Thermo Fisher Scientific, Hayashibara Co., and Enzymes Solutions. Key players are anticipated to invest in new product launches, investment, and expansion to gain a competitive advantage and enhancement of the consumer base. In December 2020, Danisco launched the POWERFresh Special and POWERSoft Cake 8010 in Japan.

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